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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

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

Microvast Holdings (MVST) has 6 years of Gross Margin data on record, last reported at 37.65% in Q3 2025.

  • For Q3 2025, Gross Margin rose 449.0% year-over-year to 37.65%; the TTM value through Sep 2025 reached 36.6%, up 936.0%, while the annual FY2024 figure was 31.48%, 1281.0% up from the prior year.
  • Gross Margin reached 37.65% in Q3 2025 per MVST's latest filing, up from 34.73% in the prior quarter.
  • Across five years, Gross Margin topped out at 89.23% in Q4 2021 and bottomed at 97.27% in Q3 2021.
  • Average Gross Margin over 5 years is 14.86%, with a median of 21.17% recorded in 2024.
  • The widest YoY moves for Gross Margin: up 10243bps in 2022, down -8580bps in 2022.
  • A 5-year view of Gross Margin shows it stood at 89.23% in 2021, then crashed by -96bps to 3.44% in 2022, then soared by 541bps to 22.02% in 2023, then soared by 66bps to 36.62% in 2024, then increased by 3bps to 37.65% in 2025.
  • Per Business Quant database, its latest 3 readings for Gross Margin were 37.65% in Q3 2025, 34.73% in Q2 2025, and 36.93% in Q1 2025.