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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |