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Microvast Holdings, Inc. MVST
Nasdaq · stock · Miscellaneous Electrical Machinery, Equipment & Supplies · website · IPO 2017-01-04 · LEI
Microvast Holdings, Inc. financials (annual)
Bars are annual figures from 2019 to 2025; red bars are negative (a loss or cash outflow).
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Revenue | $427.5M | $379.8M | $306.6M | $204.5M | $152.0M | $107.5M | $76.4M |
| Gross profit | $122.1M | $119.6M | $57.2M | $9.1M | -$42.7M | $17.1M | -$231,000 |
| R&D expense | $34.1M | $41.1M | $45.0M | $43.5M | $34.4M | $16.6M | $26.0M |
| Operating income | $7.0M | -$116.1M | -$106.7M | -$159.9M | -$194.1M | -$29.1M | -$53.9M |
| Interest expense | — | — | $2.6M | $3.3M | $5.4M | $5.7M | $6.4M |
| Income tax | -$5.3M | $0 | $10,000 | $33,000 | $0 | $1,000 | $189,000 |
| Net income | -$29.2M | -$195.5M | -$106.3M | -$158.2M | -$206.5M | $1.4M | $3.4M |
| EPS (diluted) | $-0.09 | $-0.61 | $-0.34 | $-0.52 | $-1.26 | $-0.82 | — |
| Operating cash flow | $75.9M | $2.8M | -$75.3M | -$53.9M | -$45.0M | $15.6M | $13.4M |
| Free cash flow | $56.1M | -$24.9M | -$262.1M | -$204.8M | -$132.9M | -$3.1M | -$6.9M |
| Cash & equivalents | $105.0M | $73.0M | $44.5M | $231.4M | $480.9M | $21.5M | $140,303 |
| Inventory | $89.4M | $143.3M | $149.7M | $84.3M | $53.4M | $45.0M | — |
| Total assets | $1.0B | $951.9M | $1.1B | $985.0M | $995.3M | $404.5M | $280.5M |
| Total liabilities | $594.9M | $564.0M | $532.5M | $372.0M | $308.6M | $389.2M | $296,124 |
| Shareholders' equity | $410.5M | $387.9M | $564.2M | $613.0M | $686.7M | -$384.6M | -$320.3M |
Growth · year-over-year · Revenue CAGR 33.2%
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Revenue growth | +12.6% | +23.9% | +49.9% | +34.6% | +41.3% | +40.7% | — |
| Net income growth | — | — | — | — | -15111.9% | -59.2% | — |
Each column is the change versus the prior fiscal year. Growth off a negative or zero base is shown as “—”. CAGR is the compound annual revenue growth across the years shown.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.