Microvast Holdings, Inc. — Earnings
Most recent reported period: FY2025 (Q4) (filed for period ending 2025-12-31) · sourced from SEC EDGAR
Next earnings (estimated): Wed, April 1, 2026 — 30 days overdue (likely already filed but EDGAR cache cold). Anchored to latest quarter-end + 91 days. Analyst-confirmed dates land in a follow-up wave.
YoY = vs same quarter prior year (seasonality-adjusted)
Recent earnings · last 8 quarters
| Quarter end | Revenue | YoY | Net Income | YoY | Op. Margin |
|---|---|---|---|---|---|
| 2025-12-31 | $96M | ↓-15.0% | — | — | — |
| 2025-09-30 | $123M | ↑+21.6% | $-1M | ↓-111.2% | 10.5% |
| 2025-06-30 | $91M | ↑+9.2% | $-106M | ↓-4.4% | 17.8% |
| 2025-03-31 | $116M | ↑+43.2% | $62M | ↑+348.9% | 16.3% |
| 2024-12-31 | $113M | ↑+8.4% | — | — | — |
| 2024-09-30 | $101M | ↑+26.6% | $13M | ↑+150.7% | 7.1% |
| 2024-06-30 | $84M | ↑+11.6% | $-102M | ↓-289.3% | -118.0% |
| 2024-03-31 | $81M | ↑+73.2% | $-25M | ↑+16.1% | -28.4% |
Analyst consensus estimates (EPS / Revenue) and implied move from options will land in a follow-up wave. For now, YoY-vs-prior-year-quarter is the surprise proxy.
Last earnings · FY2025 (Q4)
Revenue
$96M
↓-15.0% -$17M YoY
Earnings surprise · last 8 quarters
YoY % change · proxy for analyst surprise until estimates landEPS history · last 10 fiscal years
diluted, GAAP, annualNote: EPS reflects WEIGHTED-AVERAGE diluted shares for each fiscal year. Pre-stock- split values can blow up the early bars if SEC's XBRL data isn't split-adjusted — flagged as a known limitation; cumulative split-adjustment is a follow-up.
Margin trends · 29 quarters
margin trajectory tells the operating-leverage storyGross Margin↓-35.6pts
1.0%
Operating Margin↑+3.5pts
10.5%
Net Margin↓-14.3pts
-1.2%
Go deeper
MVST Sankey — flow of dollars
See how revenue waterfalls through every line item to net income for the latest reported quarter, with prior-period comparison.
Open SankeyMVST Key Metrics — EPS, ROE, ROIC
10 CFA-grade fundamental ratios — EPS, BVPS, ROE, ROA, ROIC, Debt/Equity, Current Ratio. Compare across years.
Open Key Metrics