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MVST · NASDAQ · Electrical Equipment & Parts

Microvast (MVST)

Makes lithium-ion battery cells and packs for commercial vehicles and utility-scale energy storage.

$0.7077
vs last close−0.01 (−1.41%)

In millions of USD, except per-share figures

In millionsQ3 FY23Sep 2023Q4 FY23Dec 2023Q1 FY24Mar 2024Q2 FY24Jun 2024Q3 FY24Sep 2024Q4 FY24Dec 2024Q1 FY25Mar 2025Q2 FY25Jun 2025Q3 FY25Sep 2025Q4 FY25Dec 2025Q1 FY26Mar 2026Q2 FY26Jun 2026
Revenue80105818410111311691123966187
Cost of revenue628264566872736077954161
Gross profit18231727344243324611926
4446401262666241633392727
Research & development131111101198881099
31352929172917726301819
Selling & marketing676557736655
General & administrative25282424122210420241314
Other expenses00−187−128−100−100
Operating income−26−23−23−997−25191613−38−8−2
0−2−2−36−8143−122−144956−10
Interest income100000000001
Interest expense012242111111
Other non-operating income−1001−1079−4412112−50−579
Income before tax−26−25−25−10213−10562−106−11048−12
Income tax expense000000001−600
Net income from continuing operations−26−25−25−10213−10562−106−11748−12
Net income−26−25−25−10213−10562−106−11748−12
EPS, basic−$0.08−$0.08−$0.08−$0.32$0.04−$0.33$0.19−$0.33−$0.00$0.05$0.15−$0.03
EPS, diluted−$0.08−$0.08−$0.08−$0.32$0.04−$0.33$0.17−$0.33−$0.00$0.05−$0.04−$0.03
Weighted average shares, basic313315315316321322323324324328332349
Weighted average shares, diluted313315315316367322374324324337385349
EBITDA−21−16−15−9225−9671−9692058−11
Depreciation & amortization588888888880
EBIT−26−23−23−9918−10463−10511149−11