Microvast Holdings (MVST) EBITDA (2020 - 2026)
Microvast Holdings (MVST) recorded EBITDA of -$58.05 million in Q3 2026, compared with $23.17 million a year earlier.
Microvast Holdings (MVST) EBITDA (2020 - 2026) Analysis & Trends
On a TTM basis, Microvast Holdings' EBITDA came in at -$75.37 million as of Sep 30, 2026; for FY2025, it came in at $40.11 million.
- Across earlier years, EBITDA came in at -$85.26 million in FY2024, -$83.8 million in FY2023, -$139.58 million in FY2022 and -$173.35 million in FY2021.
- The Q3 2026 figure is the lowest quarterly EBITDA since Q2 2024.
- Per Business Quant, the preceding three quarters came in at $6.36 million (Q2 2026), $148,000 (Q1 2026) and -$23.82 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 212.47 Bn | 164.72 Bn | 3.11 Bn | 1.83 Bn |
| 2 | Bloom Energy | 56.73 Bn | 46.66 Bn | 417.10 Mn | 242.43 Mn |
| 3 | First Solar | 18.42 Bn | 9.79 Bn | 713.06 Mn | 694.14 Mn |
| 4 | Nextpower | 14.32 Bn | 10.03 Bn | 345.32 Mn | 222.47 Mn |
| 5 | BWX Technologies | 11.27 Bn | 9.04 Bn | 227.14 Mn | 165.59 Mn |
| 6 | Generac Holdings | 11.25 Bn | 9.99 Bn | 516.04 Mn | 247.04 Mn |
| 7 | Innio | 10.93 Bn | 7.17 Bn | 367.70 Mn | 232.70 Mn |
| 8 | EnerSys | 5.13 Bn | 3.44 Bn | 284.35 Mn | 144.81 Mn |
| 9 | Mirion Technologies | 4.30 Bn | 2.71 Bn | 131.50 Mn | 56.80 Mn |
| 10 | Microvast Holdings | 84.60 Mn | -359.15 Mn | 2.40 Mn | -58.05 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -58.05 Mn |
| Jun 30, 2026 | 6.36 Mn |
| Mar 31, 2026 | 148,000.00 |
| Dec 31, 2025 | -23.82 Mn |
| Sep 30, 2025 | 23.17 Mn |
| Jun 30, 2025 | 17.33 Mn |
| Mar 31, 2025 | 23.44 Mn |
| Dec 31, 2024 | 6.39 Mn |
| Sep 30, 2024 | 14.91 Mn |
| Jun 30, 2024 | -91.11 Mn |
| Mar 31, 2024 | -15.45 Mn |
| Dec 31, 2023 | -14.52 Mn |
| Sep 30, 2023 | -21.31 Mn |
| Jun 30, 2023 | -21.77 Mn |
| Mar 31, 2023 | -26.20 Mn |
| Dec 31, 2022 | -29.84 Mn |
| Sep 30, 2022 | -32.17 Mn |
| Jun 30, 2022 | -39.77 Mn |
| Mar 31, 2022 | -37.81 Mn |
| Dec 31, 2021 | -41.78 Mn |
Microvast Holdings EBITDA API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda&ticker=MVST&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "ticker": "MVST", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebitda&ticker=MVST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();