MVST
Microvast Holdings, Inc.
NASDAQ · Industrials · Electrical Equipment & Parts · US
$0.69
−1.24%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 367.6M | 427.5M | 379.8M | 306.6M | 204.5M |
| Cost of Revenue | 275.3M | 272.9M | 260.2M | 249.4M | 195.4M |
| Gross Profit | 92.3M | 154.6M | 119.6M | 57.2M | 9.1M |
| Operating Expenses | |||||
| R&D Expense | 35.8M | 34.1M | 41.1M | 45.0M | 43.5M |
| SG&A Expense | 92.3M | 35.6M | 104.1M | 120.4M | 125.4M |
| General & Admin Expense | 70.2M | 57.8M | 81.5M | 96.8M | 102.8M |
| Selling & Marketing Expense | 22.1M | (22.2M) | 22.6M | 23.6M | 22.6M |
| Other Expenses | (686.0K) | 44.4M | 90.5M | (1.4M) | 126.0K |
| Total Operating Expenses | 127.4M | 114.1M | 235.6M | 164.0M | 169.0M |
| Cost and Expenses | 402.6M | 387.0M | 495.9M | 413.3M | 364.4M |
| Operating Income (EBIT) | (35.1M) | 40.5M | (116.1M) | (106.7M) | (159.9M) |
| Non-Operating | |||||
| Interest Income | 1.7M | 957.0K | 742.0K | 3.6M | 3.2M |
| Interest Expense | 5.0M | 4.9M | 9.7M | 2.6M | 3.3M |
| Net Interest Income | (3.3M) | (3.9M) | (9.0M) | 981.0K | (144.0K) |
| Other Non-Op Income/Expense | 80.8M | (75.0M) | (79.4M) | 327.0K | 1.8M |
| Non-Operating Income (excl Interest) | (85.8M) | 70.1M | 69.7M | (3.0M) | (5.1M) |
| EBT (Pre-Tax Income) | 45.7M | (34.5M) | (195.5M) | (106.4M) | (158.2M) |
| Income Tax Expense | (5.5M) | (5.3M) | — | 10.0K | 33.0K |
| Bottom Line | |||||
| Net Income | 51.3M | (29.2M) | (195.5M) | (106.3M) | (158.2M) |
| Earnings from Cont. Ops | 51.3M | (29.2M) | (195.5M) | (106.4M) | (158.2M) |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | 51.3M | (29.2M) | (195.5M) | (106.3M) | (158.2M) |
| Per Share | |||||
| Basic EPS | $0.16 | ($0.09) | ($0.61) | ($0.34) | ($0.52) |
| Diluted EPS | ($0.03) | ($0.09) | ($0.61) | ($0.34) | ($0.52) |
| Revenue Per Share | $1.05 | $1.32 | $1.19 | $0.99 | $0.67 |
| Shares | |||||
| Basic Shares Outstanding | 348.9M | 324.7M | 318.5M | 310.9M | 303.3M |
| Diluted Shares Outstanding | 348.9M | 324.7M | 318.5M | 310.9M | 303.3M |
| Profitability Metrics | |||||
| EBITDA | 75.5M | 3.5M | (154.9M) | (80.8M) | (134.5M) |
| D&A | 24.7M | 33.1M | 30.8M | 22.9M | 20.4M |
| EBIT | 50.7M | (29.6M) | (185.7M) | (103.8M) | (154.8M) |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026