Microvast Holdings, Inc.
Microvast Holdings, Inc.
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Financial Statements
Values in Millions ($) | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Financial statements beyond 3 years are for subscribers only. Unlock 17+ years of income statements, balance sheets, and cash flow statements Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Related Party | - | 0 | 0 | 0 | 0 | 0 | 0 | - | 6 | - | 0 | - | |||||
Assets | |||||||||||||||||
Assets Current | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 128 | 126 | 105 | 91 | 100 | 91 | 73 | 64 | 68 | 39 | 45 | 67 | |||||
Restricted Cash Current | 15 | 48 | 64 | 52 | 39 | 32 | 37 | 40 | 35 | 45 | 37 | 22 | |||||
Accounts Receivable Net Current | 121 | 124 | 156 | 149 | 126 | 136 | 121 | 122 | 105 | 124 | 139 | 116 | |||||
Short Term Investments | - | - | - | - | - | - | 0 | 0 | 0 | 0 | 6 | 25 | |||||
Inventory Net | 94 | 95 | 89 | 127 | 142 | 129 | 143 | 158 | 153 | 137 | 150 | 127 | |||||
Prepaid Expense And Other Assets Current | 16 | 16 | 17 | 25 | 20 | 30 | 27 | 23 | 17 | 21 | 26 | 26 | |||||
Assets Held For Sale Not Part Of Disposal Group Cu… | 0 | 12 | 12 | 0 | 4 | 20 | 20 | 20 | 30 | - | 0 | - | |||||
Assets Current | 375 | 426 | 449 | 445 | 435 | 448 | 428 | 438 | 418 | 378 | 426 | 404 | |||||
Restricted Cash Noncurrent | - | - | 0 | 0 | 0 | 0 | 0 | 11 | 2 | 3 | 6 | 0 | |||||
Property Plant And Equipment Net | 526 | 510 | 508 | 524 | 522 | 485 | 478 | 504 | 496 | 617 | 621 | 550 | |||||
Intangible Assets Net Excluding Goodwill | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 3 | |||||
Operating Lease Right Of Use Asset | 17 | 17 | 17 | 18 | 19 | 18 | 18 | 19 | 20 | 19 | 20 | 20 | |||||
Deferred Income Tax Assets Net | 5 | 5 | 5 | - | - | - | 0 | - | - | - | - | - | |||||
Other Assets Noncurrent | 15 | 16 | 12 | 12 | 15 | 18 | 14 | 11 | 11 | 10 | 10 | 29 | |||||
Assets | 952 | 987 | 1,005 | 1,014 | 1,005 | 983 | 952 | 998 | 961 | 1,041 | 1,097 | 1,017 | |||||
Liabilities | |||||||||||||||||
Accounts Payable Current | 63 | 46 | 47 | 60 | 72 | 57 | 65 | 66 | 80 | 83 | 113 | 95 | |||||
Notes Payable Current | 15 | 52 | 78 | 57 | 44 | 48 | 52 | 56 | 48 | 63 | 63 | 39 | |||||
Liabilities Current | |||||||||||||||||
Contract With Customer Liability Current | 5 | 7 | 6 | 6 | 42 | 44 | 44 | 43 | 41 | 41 | 43 | 54 | |||||
Convertible Debt Current | 0 | 76 | 141 | 193 | 181 | - | 0 | - | - | - | - | - | |||||
Short Term Borrowings | - | - | 93 | - | - | - | 71 | - | - | 41 | 35 | 25 | |||||
Accrued Income Taxes Current | - | - | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |||||
Derivative Liabilities Current | - | - | 0 | - | - | - | 0 | - | - | - | - | - | |||||
Subordinated Debt Current | 42 | 42 | - | - | - | - | - | - | - | - | - | - | |||||
Liabilities Current | 344 | 444 | 488 | 530 | 525 | 340 | 330 | 336 | 373 | 367 | 403 | 336 | |||||
Long Term Debt | - | - | - | - | - | - | - | - | - | 43 | 44 | 31 | |||||
Subordinated Long Term Debt | 0 | 0 | - | - | - | - | - | - | - | - | - | - | |||||
Long Term Line Of Credit | 14 | 28 | 13 | 34 | 34 | 41 | 41 | 53 | 34 | - | 44 | - | |||||
Derivative Liabilities Noncurrent | - | - | 0 | - | - | - | 0 | - | - | - | - | - | |||||
Deferred Compensation Liability Classified Noncurr… | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Convertible Debt Noncurrent | - | - | 0 | 0 | 0 | 61 | 105 | 24 | 13 | - | 0 | - | |||||
Operating Lease Liability Noncurrent | 14 | 14 | 14 | 15 | 16 | 15 | 15 | 16 | 16 | 16 | 17 | 17 | |||||
Other Liabilities Noncurrent | 37 | 36 | 37 | 34 | 32 | 30 | 30 | 38 | 27 | 25 | 25 | 21 | |||||
Liabilities | 409 | 521 | 595 | 655 | 649 | 529 | 564 | 512 | 506 | 495 | 533 | 449 | |||||
Derivative Liabilities | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Stockholders Equity | |||||||||||||||||
Common Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Preferred Stock Value | 0 | 0 | 0 | - | - | - | 0 | - | - | - | - | - | |||||
Additional Paid In Capital | 1,627 | 1,545 | 1,544 | 1,515 | 1,515 | 1,514 | 1,513 | 1,512 | 1,506 | 1,493 | 1,481 | 1,468 | |||||
Statutory Accounting Practices Statutory Capital A… | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | |||||
Retained Earnings Accumulated Deficit | -1,086 | -1,074 | -1,122 | -1,139 | -1,137 | -1,031 | -1,093 | -1,011 | -1,024 | -922 | -898 | -873 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | -4 | -11 | -17 | -25 | -27 | -34 | -38 | -22 | -33 | -31 | -26 | -36 | |||||
Stockholders Equity | 543 | 466 | 411 | 358 | 356 | 454 | 388 | 486 | 455 | 546 | 564 | 565 | |||||
Minority Interest | - | - | - | - | - | - | - | - | - | - | - | 2 | |||||
Liabilities And Stockholders Equity | 952 | 987 | 1,005 | 1,014 | 1,005 | 983 | 952 | 998 | 961 | 1,041 | 1,097 | 1,017 | |||||
Allowance For Doubtful Accounts Receivable Current | 4 | 4 | 5 | 5 | 6 | 7 | 5 | 4 | 5 | 5 | 5 | 3 | |||||
Common Stock Par Or Stated Value Per Share | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Shares Authorized | 750 | 750 | 750 | 750 | 750 | 750 | 750 | 750 | 750 | 750 | 750 | 750 | |||||
Common Stock Shares Issued | 386 | 335 | 333 | 325 | 325 | 325 | 325 | 324 | 317 | 317 | 317 | 317 | |||||
Shares Outstanding | 385 | 333 | 332 | 324 | 324 | 324 | 323 | 322 | 316 | 316 | 315 | 315 | |||||
Preferred Stock Par Or Stated Value Per Share | 0 | 0 | 0 | - | - | - | 0 | - | - | - | - | - | |||||
Preferred Stock Shares Authorized | 50 | 50 | 50 | - | - | - | 50 | - | - | - | - | - | |||||
Preferred Stock Shares Issued | 0 | 0 | 0 | - | - | - | 0 | - | - | - | - | - | |||||
Preferred Stock Shares Outstanding | 0 | 0 | 0 | - | - | - | 0 | - | - | - | - | - | |||||
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Interactive Financial Visualizations
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -38.12% | -44.55% | -60.05% | - | - | - | - | - | - | - | - | - |
| 2025 | 65.69% | 50.63% | 26.36% | -15.51% | 50.50% | 79.87% | -24.70% | -43.37% | -47.39% | -28.57% | -7.79% | -45.89% |
| 2024 | -14.42% | 4.35% | -3.20% | -15.54% | -17.89% | -37.24% | 585.08% | 1220.44% | 734.25% | 76.07% | 240.17% | 234.19% |
| 2023 | - | - | - | - | - | - | 2.81% | 12.45% | -28.92% | -54.08% | -60.89% | -51.40% |
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Performance and Valuation Metrics
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Metrics | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Metric history beyond 3 years is for subscribers only. Unlock 17+ years of history across 90+ calculated metrics Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 1.09 | 0.96 | 0.92 | 0.84 | 0.83 | 1.32 | 1.30 | 1.30 | 1.12 | 1.03 | 1.06 | 1.20 | |||||
| Quick Ratio | 0.77 | 0.71 | 0.70 | 0.55 | 0.52 | 0.85 | 0.78 | 0.76 | 0.67 | 0.60 | 0.62 | 0.75 | |||||
| Working Capital | 31.18M | -18.26M | -39.62M | -84.70M | -90.07M | 108.09M | 97.87M | 101.68M | 45.50M | 11.53M | 22.20M | 67.52M | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 0.75 | 1.12 | 1.45 | 1.83 | 1.82 | 1.16 | 1.45 | 1.05 | 1.11 | 0.91 | 0.94 | 0.79 | |||||
| Interest Coverage TTM | -5.37 | -3.28 | 1.42 | 6.78 | 3.61 | -8.48 | -11.95 | -14.71 | -30.94 | -25.26 | -40.61 | -51.91 | |||||
| Debt Ratio | 0.43 | 0.53 | 0.59 | 0.65 | 0.65 | 0.54 | 0.59 | 0.51 | 0.53 | 0.48 | 0.49 | 0.44 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 0.38 | 0.38 | 0.44 | 0.44 | 0.43 | 0.41 | 0.37 | 0.37 | 0.36 | 0.33 | 0.29 | 0.27 | |||||
| Days Sales Outstanding TTM | 122.69 | 127.31 | 117.99 | 111.19 | 99.71 | 114.00 | 124.62 | 117.00 | 110.15 | 113.71 | 153.58 | 136.11 | |||||
| Receivables Turnover TTM | 2.97 | 2.87 | 3.09 | 3.28 | 3.66 | 3.20 | 2.93 | 3.12 | 3.31 | 3.21 | 2.38 | 2.68 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | 0.15 | -0.11 | -0.09 | -0.40 | -0.35 | -0.29 | -0.61 | -0.38 | -0.56 | -0.32 | -0.34 | -0.37 | |||||
| Free Cash Flow Per Share TTM | -0.00 | 0.08 | 0.17 | 0.11 | 0.06 | -0.04 | -0.08 | -0.20 | -0.44 | -0.71 | -0.84 | -0.91 | |||||
| Dividend Per Share TTM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 25.11% | 26.44% | 28.56% | 36.60% | 35.46% | 35.03% | 31.48% | 27.24% | 24.40% | 20.41% | 18.66% | 13.65% | |||||
| Operating Profit Margin TTM | -7.34% | -4.36% | 1.63% | 8.07% | 7.11% | -18.73% | -30.57% | -36.90% | -48.73% | -28.90% | -34.81% | -44.65% | |||||
| Net Profit Margin TTM | 13.95% | -11.52% | -6.83% | -28.81% | -26.82% | -26.23% | -51.46% | -37.12% | -50.65% | -29.81% | -34.71% | -43.30% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | -13.03% | -10.44% | 12.56% | 19.82% | 20.84% | 21.69% | 23.87% | 39.03% | 55.20% | 58.75% | 49.94% | 29.24% | |||||
| Net Income Growth (1Y) | -145.24% | -60.68% | -85.05% | -7.00% | -36.01% | 7.07% | 83.68% | 19.20% | 40.69% | -29.41% | -32.74% | -32.49% | |||||
| EPS Growth (1Y) | -141.96% | -61.74% | -85.34% | -7.92% | -37.62% | 4.40% | 79.32% | 16.44% | 37.23% | -31.12% | -34.39% | -34.03% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | 7.96 | -11.65 | -31.12 | -9.73 | -10.37 | -3.48 | -3.37 | -0.58 | -0.81 | -2.60 | -4.09 | -5.12 | |||||
| P/B TTM | 0.75 | 1.07 | 2.21 | 3.48 | 3.30 | 0.83 | 1.70 | 0.16 | 0.32 | 0.48 | 0.77 | 1.05 | |||||
| P/S TTM | 1.11 | 1.34 | 2.13 | 2.80 | 2.78 | 0.91 | 1.74 | 0.22 | 0.41 | 0.77 | 1.42 | 2.22 | |||||
| Market Cap | 408.27M | 498.54M | 909.13M | 1.25B | 1.17B | 378.41M | 659.22M | 80.14M | 143.87M | 263.96M | 435.27M | 591.77M | |||||
| Enterprise Value | 295.69M | 501.13M | 1.12B | 1.35B | 1.26B | 364.32M | 776.65M | 97.29M | 137.39M | 324.68M | 489.61M | 619.36M | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | -47.00K | 25.60M | 56.07M | 35.68M | 20.43M | -11.87M | -24.91M | -63.28M | -138.50M | -223.21M | -262.09M | -285.42M | |||||
| Net Debt | -112.58M | 2.59M | 207.34M | 108.04M | 86.48M | -14.10M | 117.43M | 17.15M | -6.48M | 60.72M | 54.34M | 27.59M | |||||
Per-Share and Margin | |||||||||||||||||
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| Pretax Margin TTM | |||||||||||||||||
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Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
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| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
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| Net Income Growth (3Y) | |||||||||||||||||
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| Net Profit Margin Growth (1Y) | |||||||||||||||||
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| Net Revenue Growth (3Y) | |||||||||||||||||
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| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
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| Net Debt to Equity | |||||||||||||||||
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| Treasury Stock Change (1Y) | |||||||||||||||||
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Valuation Ratios | |||||||||||||||||
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Institutional Ownership
Microvast Holdings, Inc. (MVST) — SEC Financial Statements & Analysis
Microvast Holdings, Inc. (MVST) is a miscellaneous electrical machinery, equipment & supplies company, incorporated in DE. Microvast Holdings, Inc. trades on Nasdaq as: MVST. Based on its latest SEC filing (Form 10-Q, period ending 2026-06-30), Microvast Holdings, Inc. reported a -13.03% year-over-year revenue growth, a Gross Profit Margin of 25.11% (TTM), a Debt-to-Equity ratio of 0.75x, a Price-to-Sales (P/S) ratio of 1.11x (TTM), a Price-to-Book (P/B) ratio of 0.75x (TTM), at a market cap of $408.27M. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- -13.03%
- Gross Profit Margin TTM
- 25.11%
- Debt To Equity
- 0.75x
- P/S TTM
- 1.11x
- P/B TTM
- 0.75x
- Market Cap
- $408.27M
Data as of 2026-06-30 · Source: SEC EDGAR
Frequently Asked Questions
What industry is Microvast Holdings, Inc. in?
Microvast Holdings, Inc. (MVST) operates in the Miscellaneous Electrical Machinery, Equipment & Supplies industry.
What is MVST's market cap?
Microvast Holdings, Inc. (MVST) has a market capitalization of $408.27M as of 2026-06-30.
What is MVST's P/E ratio?
Microvast Holdings, Inc. (MVST)'s trailing twelve month P/E ratio is 7.96x as of 2026-06-30.
What exchange does MVST trade on?
Microvast Holdings, Inc. (MVST) trades on the Nasdaq.
Where is Microvast Holdings, Inc. incorporated?
Microvast Holdings, Inc. is incorporated in DE.