Growth Metrics

Microvast Holdings (MVST) Gross Margin (2020 - 2025)

Historic Gross Margin for Microvast Holdings (MVST) over the last 6 years, with Q3 2025 value amounting to 37.65%.

  • Microvast Holdings' Gross Margin rose 44900.0% to 37.65% in Q3 2025 from the same period last year, while for Sep 2025 it was 36.6%, marking a year-over-year increase of 93600.0%. This contributed to the annual value of 31.48% for FY2024, which is 128100.0% up from last year.
  • Latest data reveals that Microvast Holdings reported Gross Margin of 37.65% as of Q3 2025, which was up 44900.0% from 34.73% recorded in Q2 2025.
  • In the past 5 years, Microvast Holdings' Gross Margin ranged from a high of 37.65% in Q3 2025 and a low of 97.27% during Q3 2021
  • In the last 5 years, Microvast Holdings' Gross Margin had a median value of 15.29% in 2023 and averaged 10.25%.
  • Its Gross Margin has fluctuated over the past 5 years, first crashed by -1092200bps in 2021, then skyrocketed by 1024300bps in 2022.
  • Over the past 5 years, Microvast Holdings' Gross Margin (Quarter) stood at 1.73% in 2021, then skyrocketed by 99bps to 3.44% in 2022, then skyrocketed by 541bps to 22.02% in 2023, then skyrocketed by 66bps to 36.62% in 2024, then grew by 3bps to 37.65% in 2025.
  • Its Gross Margin stands at 37.65% for Q3 2025, versus 34.73% for Q2 2025 and 36.93% for Q1 2025.