Microvast Holdings (MVST) EBITDA (2020 - 2026)
Microvast Holdings (MVST) recorded EBITDA of $6.36 million in Q2 2026, down 62.9% from $17.13 million a year earlier.
Microvast Holdings (MVST) EBITDA (2020 - 2026) Analysis & Trends
On a TTM basis, Microvast Holdings' EBITDA came in at -$5.39 million as of Jun 30, 2026; for FY2025, it came in at $39.34 million.
- Across earlier years, EBITDA came in at -$86.03 million in FY2024, -$84.59 million in FY2023, -$140.14 million in FY2022 and -$174.09 million in FY2021.
- Quarterly EBITDA has ranged from -$108.37 million in Q3 2021 to $23.25 million in Q1 2025 over the past five years.
- Per Business Quant, the preceding three quarters came in at $148,000 (Q1 2026), -$32.97 million (Q4 2025) and $21.07 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn | 1.07 Bn |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn | 195.98 Mn |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn | 598.23 Mn |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn | 145.50 Mn |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn | 299.66 Mn |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn | 199.67 Mn |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn | 181.91 Mn |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn | 71.72 Mn |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn | 56.70 Mn |
| 10 | Microvast Holdings | 246.10 Mn | -203.57 Mn | 25.78 Mn | 6.36 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.36 Mn |
| Mar 31, 2026 | 148,000.00 |
| Dec 31, 2025 | -32.97 Mn |
| Sep 30, 2025 | 21.07 Mn |
| Jun 30, 2025 | 17.13 Mn |
| Mar 31, 2025 | 23.25 Mn |
| Dec 31, 2024 | 6.20 Mn |
| Sep 30, 2024 | 14.72 Mn |
| Jun 30, 2024 | -91.30 Mn |
| Mar 31, 2024 | -15.65 Mn |
| Dec 31, 2023 | -14.72 Mn |
| Sep 30, 2023 | -21.50 Mn |
| Jun 30, 2023 | -21.96 Mn |
| Mar 31, 2023 | -26.41 Mn |
| Dec 31, 2022 | -29.98 Mn |
| Sep 30, 2022 | -32.31 Mn |
| Jun 30, 2022 | -39.91 Mn |
| Mar 31, 2022 | -37.95 Mn |
| Dec 31, 2021 | -42.02 Mn |
| Sep 30, 2021 | -108.37 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();