Microvast Holdings (MVST) Gross Profit (2020 - 2026)

Microvast Holdings (MVST) has reported Gross Profit for 7 consecutive years, with $19.2 million the latest figure, recorded in Q1 2026.

• In Q1 2026, Gross Profit fell 55.47% year-over-year to $19.2 million; the TTM figure through Mar 2026 stood at $98.2 million (down 32.4% YoY), while the FY2025 annual figure was $122.1 million, up 2.14% from the prior year.
• Gross Profit came in at $19.2 million for Q1 2026 at Microvast Holdings, up from $959000.0 in the prior quarter.
• The five-year high for Gross Profit was $46.4 million in Q3 2025, with the low at $13000.0 in Q1 2022.
• Average Gross Profit over 5 years is $19.2 million, with a median of $17.9 million recorded in 2023.
• Across the five-year window, Gross Profit surged 37269.23% in 2023 and tumbled 97.69% in 2025, its largest moves.
• Year by year, Gross Profit stood at $2.2 million in 2022, then jumped by 934.32% to $23.0 million in 2023, then surged by 80.33% to $41.5 million in 2024, then sank by 97.69% to $959000.0 in 2025, then jumped by 1897.5% to $19.2 million in 2026.
• According to Business Quant data, Gross Profit over the past three periods registered $19.2 million, $959000.0, and $46.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.