Microvast Holdings MVST
NASDAQ MVST
$0.63 +0.00 (+0.13%)
As of: Sep 10, 2026 · 3:59 PM EDT

Microvast Holdings (MVST) EBIT (2019 - 2026)

Microvast Holdings (MVST) posted EBIT of -$1.7 million for Q2 2026, up 78.32% on a QoQ basis from -$7.9 million in Q1 2026, and down 119.05% year-over-year from $9.0 million in Q2 2025.

Analysis

Microvast Holdings (MVST) EBIT (2019 - 2026) Analysis & Trends

Microvast Holdings has reported EBIT for 8 years, with the latest figure at -$1.7 million in Q2 2026.

  • On a quarterly basis, EBIT fell 119.05% year-over-year to -$1.7 million in Q2 2026; TTM through Jun 2026 was -$37.8 million, a 225.8% decrease from a year earlier, with the FY2025 full-year figure at $7.0 million, up 106.02% from the prior year.
  • EBIT was -$1.7 million for Q2 2026 at Microvast Holdings, up from -$7.9 million in the prior quarter.
  • The five-year high for EBIT was $15.3 million in Q1 2025, with the low at -$98.7 million in Q2 2024.
  • Average EBIT over 5 years is -$22.0 million, with a median of -$24.7 million recorded in 2023.
  • The largest YoY upside for EBIT was 166.03% in 2025 against a maximum downside of 2804.52% in 2025.
  • Over 5 years, EBIT stood at -$34.6 million in 2022, then surged by 35.84% to -$22.2 million in 2023, then soared by 93.62% to -$1.4 million in 2024, then tumbled by 2804.52% to -$41.2 million in 2025, then surged by 95.82% to -$1.7 million in 2026.
  • The last three EBIT figures came in at -$1.7 million (Q2 2026), -$7.9 million (Q1 2026), and -$41.2 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT (Qtr)
1 EnerSys 6.54 Bn 6.01 Bn 313.36 Mn 151.41 Mn
2 QuantumScape 3.20 Bn 3.20 Bn - -106.13 Mn
3 Eos Energy Enterprises 1.35 Bn 1.00 Bn -48.80 Mn -83.81 Mn
4 Fluence Energy 1.34 Bn 769.30 Mn 33.24 Mn -29.79 Mn
5 Energy Vault Holdings 752.49 Mn 645.13 Mn 5.38 Mn -24.66 Mn
6 Enovix 689.37 Mn 689.37 Mn 1.30 Mn -43.30 Mn
7 Amprius Technologies 436.15 Mn 361.63 Mn 9.28 Mn -4.30 Mn
8 Electrovaya 257.13 Mn 244.05 Mn 6.19 Mn 788,000.00
9 Microvast Holdings 215.82 Mn 72.70 Mn 25.78 Mn -1.72 Mn
10 Ses Ai 176.50 Mn 176.50 Mn 1.15 Mn -19.20 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -1.72 Mn
Mar 31, 2026 -7.93 Mn
Dec 31, 2025 -41.16 Mn
Sep 30, 2025 12.99 Mn
Jun 30, 2025 9.03 Mn
Mar 31, 2025 15.27 Mn
Dec 31, 2024 -1.42 Mn
Sep 30, 2024 7.19 Mn
Jun 30, 2024 -98.74 Mn
Mar 31, 2024 -23.12 Mn
Dec 31, 2023 -22.22 Mn
Sep 30, 2023 -26.35 Mn
Jun 30, 2023 -26.87 Mn
Mar 31, 2023 -31.30 Mn
Dec 31, 2022 -34.63 Mn
Sep 30, 2022 -37.09 Mn
Jun 30, 2022 -44.97 Mn
Mar 31, 2022 -43.26 Mn
Dec 31, 2021 -47.59 Mn
Sep 30, 2021 -113.30 Mn