Microvast Holdings (MVST) EBITDA Margin (2020 - 2026)

Microvast Holdings (MVST) posted quarterly EBITDA Margin of 13.09% for Q1 2026, down 2619.0% year-over-year from 0.52% in Q1 2025, and up 69.34% on a QoQ basis from 42.69% in Q4 2025.

Microvast Holdings (MVST) EBITDA Margin (2020 - 2026) Analysis & Trends

Microvast Holdings (MVST) has reported EBITDA Margin for 7 consecutive years, with 13.09% the latest figure, recorded in Q1 2026.

  • In Q1 2026, EBITDA Margin fell 2619.0% year-over-year to 13.09%; the TTM figure through Mar 2026 stood at 5.35% (up 1338.0% YoY), while the FY2025 annual figure was 1.63%, up 3220.0% from the prior year.
  • EBITDA Margin came in at 13.09% for Q1 2026 at Microvast Holdings, up from 42.69% in the prior quarter.
  • The five-year high for EBITDA Margin was 17.75% in Q2 2025, with the low at 118.01% in Q2 2024.
  • Average EBITDA Margin over 5 years is 38.17%, with a median of 32.89% recorded in 2023.
  • Across the five-year window, EBITDA Margin soared 21104 bps in 2022 and plunged 8216 bps in 2024, its largest moves.
  • Year by year, EBITDA Margin stood at 53.44% in 2022, then soared by 60 bps to 21.24% in 2023, then surged by 94 bps to 1.25% in 2024, then sank by 3316 bps to 42.69% in 2025, then surged by 69 bps to 13.09% in 2026.
  • According to Business Quant data, EBITDA Margin over the past three periods registered 13.09%, 42.69%, and 10.54% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Advance Auto Parts 65.13 Bn 62.01 Bn 869.00 Mn 2.23%
2 Autozone 53.07 Bn 52.82 Bn 2.52 Bn 19.08%
3 Magna International 17.54 Bn 16.29 Bn 1.42 Bn 8.34%
4 Genuine Parts 16.15 Bn 15.67 Bn 2.34 Bn 4.57%
5 Aurora Innovation 13.77 Bn 12.55 Bn -5.00 Mn -24,400.00%
6 Borgwarner 13.21 Bn 13.37 Bn 677.00 Mn 9.51%
7 Aptiv 12.84 Bn 9.76 Bn 920.00 Mn 7.43%
8 Autoliv 8.73 Bn 8.37 Bn 526.00 Mn 8.61%
9 Modine Manufacturing 8.68 Bn 8.59 Bn 186.10 Mn 11.09%
10 Microvast Holdings 398.83 Mn 224.83 Mn 19.16 Mn -13.09%

Historic Data

Download Data
DateValue
Mar 31, 2026 -13.09%
Dec 31, 2025 -42.69%
Sep 30, 2025 10.54%
Jun 30, 2025 17.75%
Mar 31, 2025 13.10%
Dec 31, 2024 -1.25%
Sep 30, 2024 7.09%
Jun 30, 2024 -118.01%
Mar 31, 2024 -28.42%
Dec 31, 2023 -21.24%
Sep 30, 2023 -32.89%
Jun 30, 2023 -35.84%
Mar 31, 2023 -66.63%
Dec 31, 2022 -53.44%
Sep 30, 2022 -96.05%
Jun 30, 2022 -69.82%
Mar 31, 2022 -117.97%
Dec 31, 2021 -71.28%
Sep 30, 2021 -307.09%
Jun 30, 2021 -66.94%