Microvast Holdings, Inc.

Microvast Holdings, Inc.

MVST
Microvast Holdings, Inc.US flagNASDAQ Global Select
1.53
USD
+0.07
- -
509.73MMarket Cap
Microvast Holdings, Inc.
MVST
(NASDAQ Global Select)

Recent

price

1.53

P/E

ratio

- -

div

yld

- -

ROIC.AI

2019
2020
2021
2022
2023
2024
2025
TTM
FRC
0.25
0.36
0.82
0.67
0.99
1.19
1.32
1.14
Revenue per Share
-0.24
-0.16
-1.16
-0.52
-0.34
-0.61
-0.09
-0.13
Basic EPS, GAAP
-0.02
-0.01
-0.71
-0.68
-0.84
-0.08
0.17
0.08
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
-1.32
-3.4
-2.61
-2.89
-3.43
-3.46
-3.28
Book Value per Share
- -
-1.03
3.61
1.97
1.77
1.17
1.22
1.38
Tangible Book Value per Share
301
301
186
303
311
318
325
327
Basic Weighted Avg Shares
76
108
152
204
307
380
428
372
Sales/Revenue/Turnover
-70.47
-27.07
-127.69
-77.34
-34.64
-6.03
2.6
-4.24
Operating Margin (%)
15
17
21
20
23
31
33
33
Depreciation Expense
-73
-50
-216
-158
-106
-195
-29
-43
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
-94.97
-46.09
-142.13
-77.36
-34.68
-51.46
-6.83
-11.52
Profit Margin (%)
- -
6
531
293
22
98
-40
-18
Working Capital
- -
73
73
87
104
203
69
42
LT Debt
- -
-294
687
613
564
388
411
466
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
4.77
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
338
315
284
LT Borrowings
76
55
28
LT Finance Leases
15
14
14
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
324
332
333
Market Capitalization
1,245
909
490

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
445
449
426
Cash, Cash Equivalents & STI
91
105
126
Accounts Receivable, Net
149
156
124
Inventories
127
89
95
Total Current Liabilities
530
488
444
Payables & Accruals
128
111
111
ST Debt
338
315
284
Deferred Revenue
6
41
28

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-75.57%
5.83%
Free Cash Flow
- -
773.77%
-325.13%
Net Income, GAAP
- -
55.03%
-85.05%
Sales/Revenue/Turnover
- -
32.46%
12.56%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
81
84
101
113
380
2025
116
91
123
96
428
2026
61
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.08
-0.32
0.04
-0.33
-0.61
2025
0.19
-0.33
- -
0.05
-0.09
2026
0.15
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Microvast Holdings, Inc. (MVST) designs, develops and manufactures advanced lithium-ion battery solutions for commercial transportation, heavy-duty equipment and energy storage systems. The company offers battery cells such as MpCO and HnCO chemistries; standardized and customizable battery modules with integrated battery management systems; turnkey battery packs and systems including Gen 4 packs with energy density around 190 Wh/kg, thermal management and high safety standards; and proprietary battery components like separators and electrolytes. Microvast holds more than 810 technology patents and patent applications globally, emphasizing high energy density, superior safety, ultra-fast charging, long lifespans and vertical integration from R&D through manufacturing. Founded in 2006 and headquartered in Stafford, Texas, Microvast operates manufacturing facilities in Huzhou, China and Berlin, Germany; an R&D center in Florida; and sales offices worldwide, serving customers in China, Asia Pacific, Europe and the United States including businesses, utilities, governments and municipalities. In recent developments, Microvast established a partnership with Skoda Group in 2025 for rail and public transport applications, validating its technology for extreme-duty high-safety use cases with prototypes anticipated by end-2026; completed its SPAC merger listing on Nasdaq in 2021 raising approximately $822 million; ramped up production at its Clarksville, Tennessee facility with commercial deliveries through 2024; and advances phase 3.2 line expansion at Huzhou adding up to 2 GWh annual capacity by year-end 2025 for robust customer demand.

Company News

APIChat
  • Microvast: Sell On Abysmal Results And Persistent Headwinds

  • Microvast Stock Dives On Q1 Miss, Going Concern Warning

  • Microvast Q1 Earnings Call Highlights

  • Microvast Stock Crashes After Q1 Earnings — What You Need To Know

  • Microvast Reports First Quarter 2026 Financial Results

  • Microvast Schedules First Quarter Earnings Call

  • INVESTOR ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Microvast Holdings, Inc. – MVST

  • INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Microvast Holdings, Inc. - MVST

  • INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Microvast Holdings, Inc. - MVST

  • Did Microvast Holdings, Inc. Insiders Breach their Fiduciary Duties to Shareholders?

  • INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Microvast Holdings, Inc. - MVST

  • INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Microvast Holdings, Inc. - MVST

  • INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Microvast Holdings, Inc. - MVST

  • INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Microvast Holdings, Inc. - MVST

  • INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Microvast Holdings, Inc. - MVST

  • INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Microvast Holdings, Inc. - MVST

  • MVST Investors Have Opportunity to Join Microvast Holdings, Inc. Fraud Investigation with the Schall Law Firm

  • Microvast: Growth Story At Risk As Backlog Continues To Shrink

  • MVST Stock Is Down 46% This Year and a $32.5M Inventory Hit Explains a Lot

  • INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Microvast Holdings, Inc. - MVST