Microvast Holdings, Inc. (MVST) Earnings History
Annual and quarterly earnings data from 2018 to 2025
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MVST EPS Growth (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
MVST Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 28.6% | 1.6% | -6.8% |
| 2024 | 31.5% | -30.6% | -51.5% |
| 2023 | 18.7% | -34.8% | -34.7% |
| 2022 | 4.4% | -78.2% | -77.4% |
| 2021 | -28.1% | -127.7% | -142.1% |
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Microvast Holdings, Inc. (MVST) Earnings Overview
As of May 8, 2026, Microvast Holdings, Inc. (MVST) reported trailing twelve-month net income of -$29M, reflecting +85.2% year-over-year growth. The company earned $-0.09 per diluted share over the past four quarters, with a net profit margin of -6.8%.
Looking at the long-term picture, MVST's historical earnings data spans multiple years. The company achieved its highest annual net income of -$29M in fiscal 2025, representing a new all-time high.
Microvast Holdings, Inc. is currently reporting a net loss, though operating performance should be evaluated in the context of growth investments and industry dynamics View revenue history →
Compared to peers including SES (-$73M net income, -347.8% margin), SLDP (-$91M net income, -429.5% margin), QS (-$421M net income), MVST has outperformed on profitability metrics. Compare MVST vs SES →
MVST Earnings vs Peers
Earnings metrics vs comparable public companies
MVST Historical Earnings Data (2018–2025)
8 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | -$29M | +85.1% | $7M | $-0.09 | -6.8% | 1.6% |
| 2024 | -$195M | -83.8% | -$116M | $-0.61 | -51.5% | -30.6% |
| 2023 | -$106M | +32.8% | -$107M | $-0.34 | -34.7% | -34.8% |
| 2022 | -$158M | +26.8% | -$160M | $-0.52 | -77.4% | -78.2% |
| 2021 | -$216M | -335.9% | -$194M | $-1.26 | -142.1% | -127.7% |
| 2020 | -$50M | +31.7% | -$29M | $-0.27 | -46.1% | -27.1% |
| 2019 | -$73M | +27.4% | -$54M | $-1.70 | -95.0% | -70.5% |
| 2018 | -$100M | - | -$58M | $-161.90 | -57.4% | -33.3% |
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Start ComparisonMVST — Frequently Asked Questions
Quick answers to the most common questions about buying MVST stock.
Is MVST growing earnings?
MVST EPS is $-0.09, with earnings growth accelerating to +85.2%. This exceeds the 5-year CAGR of N/A. TTM net income reached $-29M.
What are MVST's profit margins?
Microvast Holdings, Inc. net margin is -6.8%, with operating margin at +1.6%. Below-average margins reflect competitive or cost pressures.
How consistent are MVST's earnings?
MVST earnings data spans 2018-2025. The accelerating earnings trend is +85.2% YoY. Historical data enables comparison across business cycles.