MVST
Microvast Holdings, Inc.
NASDAQ · USIndustrialsElectrical Equipment & Parts
$0.90-0.07%
Price as of Jul 20, 2026
MVST financials
Microvast Holdings, Inc. financial statements
Annual and quarterly income statement, balance sheet and cash-flow history. On small screens, start with four periods and expand the table when needed.
| Metric | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Income statement | ||||
| Revenue | $427.5M | $379.8M | $306.6M | $204.5M |
| Cost of revenue | $272.9M | $260.2M | $249.4M | $195.4M |
| Gross profit | $154.6M | $119.6M | $57.2M | $9.1M |
| Operating expenses | $114.1M | $235.6M | $164.0M | $169.0M |
| Operating income | $40.5M | -$116.1M | -$106.7M | -$159.9M |
| Net income | -$29.2M | -$195.5M | -$106.3M | -$158.2M |
| EBITDA | $3.5M | -$154.9M | -$80.8M | -$134.5M |
| Basic EPS | $-0.09 | $-0.61 | $-0.34 | $-0.52 |
| Diluted EPS | $-0.09 | $-0.61 | $-0.34 | $-0.52 |
| Balance sheet | ||||
| Cash & equivalents | $105.0M | $73.0M | $82.0M | $231.4M |
| Total assets | $1.0B | $951.9M | $1.1B | $985.0M |
| Total liabilities | $594.9M | $564.0M | $532.5M | $372.0M |
| Stockholders’ equity | $410.5M | $387.9M | $564.2M | $613.0M |
| Total debt | $384.5M | $328.9M | $205.2M | $175.0M |
| Net debt | $279.5M | $255.9M | $123.2M | -$56.4M |
| Cash flow | ||||
| Operating cash flow | $75.9M | $2.8M | -$75.3M | -$53.9M |
| Capital expenditure | -$19.8M | -$27.7M | -$186.8M | -$150.9M |
| Free cash flow | $56.1M | -$24.9M | -$262.1M | -$204.8M |
| Dividends paid | $0.00 | $0.00 | $0.00 | $0.00 |
| Share repurchases | $0.00 | $0.00 | $0.00 | $0.00 |