Microvast Holdings, Inc. (MVST)

0.72 -6.07% (-0.05)

Over 5Y: -91.8%

2026-08-28
Style
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5 10
2021 2022 2023 2024 2025 2026

Financials Quarterly

Figures
Revenue Gross Profit Operating Income Cost of Revenue Operating Cash Flow Free Cash Flow Net Income

A share count and earnings a share are not here: neither is money, so neither can share this axis. Both have their own panel on All charts.

All charts ›
Q3 '21 — Revenue: 36.9M Q3 '21 — Operating Cash Flow: -9.6M Q3 '21 — Free Cash Flow: -20.5M Q4 '21 — Revenue: 66.8M Q4 '21 — Operating Cash Flow: -20.4M Q4 '21 — Free Cash Flow: -67.5M Q1 '22 — Revenue: 36.7M Q1 '22 — Operating Cash Flow: -24.9M Q1 '22 — Free Cash Flow: -66M Q2 '22 — Revenue: 64.4M Q2 '22 — Operating Cash Flow: -38.6M Q2 '22 — Free Cash Flow: -65.5M Q3 '22 — Revenue: 38.6M Q3 '22 — Operating Cash Flow: 4.9M Q3 '22 — Free Cash Flow: -11.9M Q4 '22 — Revenue: 64.8M Q4 '22 — Operating Cash Flow: 4.7M Q4 '22 — Free Cash Flow: -61.5M Q1 '23 — Revenue: 47M Q1 '23 — Operating Cash Flow: -11.2M Q1 '23 — Free Cash Flow: -47.1M Q2 '23 — Revenue: 75M Q2 '23 — Operating Cash Flow: -29.8M Q2 '23 — Free Cash Flow: -87.5M Q3 '23 — Revenue: 80.1M Q3 '23 — Operating Cash Flow: -29.3M Q3 '23 — Free Cash Flow: -89.3M Q4 '23 — Revenue: 104.6M Q4 '23 — Operating Cash Flow: -5M Q4 '23 — Free Cash Flow: -38.2M Q1 '24 — Revenue: 81.4M Q1 '24 — Operating Cash Flow: 2M Q1 '24 — Free Cash Flow: -8.2M Q2 '24 — Revenue: 83.7M Q2 '24 — Operating Cash Flow: 111K Q2 '24 — Free Cash Flow: -2.8M Q3 '24 — Revenue: 101.4M Q3 '24 — Operating Cash Flow: -5.4M Q3 '24 — Free Cash Flow: -19.6M Q4 '24 — Revenue: 113.4M Q4 '24 — Operating Cash Flow: 6.1M Q4 '24 — Free Cash Flow: 5.7M Q1 '25 — Revenue: 116.5M Q1 '25 — Operating Cash Flow: 7.2M Q1 '25 — Free Cash Flow: 4.8M Q2 '25 — Revenue: 91.3M Q2 '25 — Operating Cash Flow: 37.2M Q2 '25 — Free Cash Flow: 34.3M Q3 '25 — Revenue: 123.3M Q3 '25 — Operating Cash Flow: 15.2M Q3 '25 — Free Cash Flow: 1.2M Q4 '25 — Revenue: 96.4M Q4 '25 — Operating Cash Flow: 16.4M Q4 '25 — Free Cash Flow: 15.8M Q1 '26 — Revenue: 60.6M Q1 '26 — Operating Cash Flow: -22.8M Q1 '26 — Free Cash Flow: -25.7M Q2 '26 — Revenue: 87.3M Q2 '26 — Operating Cash Flow: -10.5M Q2 '26 — Free Cash Flow: -21.8M -50M 0 50M 100M 150M
Q4 '21 Q3 '22 Q2 '23 Q1 '24 Q4 '24 Q3 '25 Q2 '26
Revenue Operating Cash Flow Free Cash Flow

Figures as at 2026-06-30, reported in USD. The newest fact in the filings is dated 2026-06-30, 61 days ago. Nothing on this page is advice.

How it scores

Five questions, each answered by the measures under it. Every figure is the company's own; the bar beside it is where that figure sits among the companies read here — the top fifth, the bottom fifth, or somewhere between. Not among all listed companies, and for a valuation multiple the low end is the good end.

Quality

How much of the revenue is really kept — and what did it take to earn it?

2.9
SBC / sales 0.92%
ROIC 1.0%
OE margin -9.2%
ROA 5.4%
ROE 9.4%
Accruals 5.6%
Gross margin 25.1%
FCF margin -8.3%
OCF / EBIT -0.25×
OCF margin -0.47%
ROCE 1.1%
EBITDA margin —

5 of 17 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Valuation

What does the price ask for what the company earns, owns and pays out?

0.5
Div. yield —
EV/EBIT —
EV/GP —
EV/OE —
EV/Sales —
FCF yield —
Fwd P/E —
P/B —
P/C —
P/E —
PEG —

0 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Durability

How predictable is the revenue, and how much of it is already committed?

3.3
RPO / sales 0.014×
RPO growth —
Segment HHI —

4 of 7 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Resilience

Can the balance sheet absorb a bad year?

4.2
ND/EBITDA —
Debt payback 0.0 yr
Payout 0.0%
Cash / Debt 1.1×
Debt / Eq 0.22×
F-score 5.0 pts
Quick ratio 0.82×
Cash runway 0.3 yr

3 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Growth

Is the business getting bigger, and is it getting more profitable?

5.9
Sales CAGR 4Y +29.5%
Sales/sh Y/Y -14.7%
Sales Q/Q -4.5%
Div. growth —
EBIT CAGR —
EBIT Y/Y —
EPS CAGR 4Y —
EPS Y/Y —
EPS next Y —

4 of 13 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

A measure absent from a block could not be computed from this company's filings. It is left out rather than scored as though it were bad, and the dimension is averaged over what remains. A score is measured against a fixed scale this model states; the bar is measured against the other companies, so the two can disagree — and where they do, that disagreement is the more interesting figure.