Microvast Holdings, Inc. (MVST) Earnings History
Net Loss8 years of earnings data (2018–2025) · Currently unprofitable on a TTM basis
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Microvast Holdings, Inc. (MVST) Earnings Overview
As of June 23, 2026, Microvast Holdings, Inc. (MVST) reported trailing twelve-month net income of -$43M, reflecting +85.2% year-over-year growth. The company earned $-0.11 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% | $40M | $-0.09 | -6.8% | 9.5% |
| 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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MVST — Frequently Asked Questions
Quick answers to the most common questions about buying MVST stock.
What is MVST earnings per share (EPS)?
MVST trailing twelve-month (TTM) diluted EPS is $-0.11, reflecting +85.2% year-over-year growth. The 5-year EPS CAGR is N/A. Complete EPS history from 2018 to 2025 is available in the table on this page.
What is Microvast Holdings, Inc.'s net income?
Microvast Holdings, Inc. (MVST) trailing twelve-month net income is $-43M as of 2025. Earnings grew +85.2% year-over-year.
Is MVST profitable?
MVST is not currently profitable on a TTM basis, reporting a net loss of $-43M. Net margin is -6.8%. Investors should monitor for a return to profitability.
What is MVST's earnings growth rate?
MVST compound annual EPS growth rates (CAGR): 1-Year: N/A, 3-Year: N/A, 5-Year: N/A, 10-Year: N/A. These figures measure the annualised rate of diluted EPS growth over each period, based on data from 2018 to 2025.
What are MVST's profit margins?
Microvast Holdings, Inc. net profit margin is -6.8%, operating margin is +9.5%, and gross margin is +36.2%. Below-average margins reflect competitive or cost pressures. Return on Equity is -7.3%.
Is MVST growing earnings?
Yes, MVST earnings are accelerating — EPS growth of +85.2% exceeds the 5-year CAGR of N/A. TTM net income reached $-43M. Earnings momentum is strengthening.
What was MVST's best earnings year?
Microvast Holdings, Inc.'s highest annual net income on record is $-29M, achieved in fiscal year 2025. Earnings history on this page spans 2018 to 2025 and includes all annual and quarterly figures.
What were MVST's earnings last quarter?
MVST's most recent reported quarter was Q1 2026. Net income was $48M with diluted EPS of $0.15. For a full breakdown of all quarters, see the quarterly earnings table on this page.