Microvast Holdings, Inc. (MVST)
Consumer Cyclical · Auto Parts · NasdaqCM
Microvast Holdings, Inc. revenue & earnings — last 7 fiscal years
| Metric | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | $76.43M | $107.52M | $151.98M | $204.50M | $306.62M | $379.80M | $427.52M |
| Gross profit | $-231,000 | $17.14M | $-42.74M | $9.07M | $57.23M | $119.55M | $122.11M |
| Net income | $3.39M | $-2.42M | $-206.48M | $-158.20M | $-106.34M | $-195.46M | $-29.22M |
| Net margin | 4.4% | -2.3% | -135.9% | -77.4% | -34.7% | -51.5% | -6.8% |
Source: Microvast Holdings, Inc. SEC filings (10-K).
What growth is priced into MVST stock?
At today's market cap of $371.47M, Microvast Holdings, Inc. is priced for free-cash-flow growth of about -7.8% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $56.07M from the FY ending 2025-12-31). For comparison, revenue 31.8%/yr, computed from its SEC filings. This is a reverse DCF — a translation of the price into a growth assumption you can judge, not a fair value and not advice. Change the assumptions yourself in the interactive view →
Explore 7 years of Microvast Holdings, Inc. financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
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Microvast Holdings, Inc. financial history by metric
About Microvast Holdings, Inc.
Microvast Holdings, Inc. engages in the design, development, and manufacturing of battery components and systems primarily for electric commercial vehicles and energy storage systems. The company offers a range of cell chemistries, such as lithium titanate oxide, lithium iron phosphate, electrolyte formulation, full concentration gradient cathode, polyaramid separator, and nickel manganese cobalt. It also designs, develops, and manufactures components of lithium-ion batteries, such as cathode, anode, electrolytes, and separator. The company's commercial vehicle markets cover buses, trains, mining trucks, marine and port vehicles, and automated guided and specialty vehicles, as well as light, medium, and heavy-duty trucks. It operates in China, India, rest of the Asia Pacific, Italy, France, rest of Europe, and the United States. Microvast Holdings, Inc. was founded in 2006 and is headquartered in Stafford, Texas.
Microvast Holdings, Inc. — frequently asked questions
What is Microvast Holdings, Inc.'s revenue?
Microvast Holdings, Inc. (MVST) reported revenue of $427.52M for fiscal year 2025, up 12.6% from the prior year, according to its SEC filings.
Is Microvast Holdings, Inc. profitable?
No — MVST reported a net loss of $-29.22M in fiscal 2025.
What is MVST's P/E ratio?
Microvast Holdings, Inc. trades at a price-to-earnings ratio of about 0.0 based on the latest data in our nightly-refreshed cache.
How fast is Microvast Holdings, Inc. growing?
MVST's revenue grew at roughly 31.8% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does Microvast Holdings, Inc. have?
As of fiscal year 2025, MVST carried roughly $367.22M in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is Microvast Holdings, Inc.'s gross margin?
MVST's gross margin was 28.6% in fiscal 2025 — gross profit of $122.11M on revenue of $427.52M.
What is Microvast Holdings, Inc.'s market cap?
Microvast Holdings, Inc. (MVST) has a market capitalization of about $371.47M, based on the latest data in our nightly-refreshed cache.
When does Microvast Holdings, Inc.'s fiscal year end?
MVST's fiscal year ends in December. Its most recent annual filing covers the fiscal year ending 2025-12-31.
What growth is priced into MVST stock?
At today's market cap of $371.47M, Microvast Holdings, Inc. is priced for free-cash-flow growth of about -7.8% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $56.07M from the FY ending 2025-12-31). For comparison, revenue 31.8%/yr, computed from its SEC filings.
Where does this data come from?
All figures are computed from Microvast Holdings, Inc.'s official SEC filings (10-K and 10-Q), covering 7 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.