Growth Metrics

Microvast Holdings (MVST) Net Income (2019 - 2026)

Microvast Holdings' quarterly Net Income came in at -$8.8 million in Q1 2026, down 114.21% year-on-year from $61.8 million in Q1 2025, and down 153.08% quarter-over-quarter from $16.5 million in Q4 2025.

Microvast Holdings has reported Net Income for 8 years, with the latest figure at -$8.8 million in Q1 2026.

  • For the quarter ending Q1 2026, Net Income fell 114.21% year-over-year to -$8.8 million; the trailing twelve-month figure through Mar 2026 stood at -$99.8 million (up 8.32% YoY), and the FY2025 full-year result was -$29.2 million, up 85.05% from the prior year.
  • Net Income for Q1 2026 stood at -$8.8 million, down from $16.5 million in the prior quarter.
  • The five-year high for Net Income was $61.8 million in Q1 2025, with the low at -$106.1 million in Q2 2025.
  • Average Net Income over 5 years is -$29.3 million, with a median of -$26.2 million recorded in 2023.
  • Year-over-year, Net Income tumbled 289.43% in 2024 and jumped 348.9% in 2025.
  • Tracing MVST's Net Income over 5 years: stood at -$33.7 million in 2022, then grew by 27.03% to -$24.6 million in 2023, then slumped by 234.77% to -$82.3 million in 2024, then soared by 120.09% to $16.5 million in 2025, then slumped by 153.08% to -$8.8 million in 2026.
  • The last three Net Income figures came in at -$8.8 million (Q1 2026), $16.5 million (Q4 2025), and -$1.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 O Reilly Automotive 76.93 Bn 76.68 Bn 2.35 Bn 604.18 Mn
2 Autozone 56.46 Bn 56.17 Bn 2.24 Bn 468.86 Mn
3 Modine Manufacturing 13.73 Bn 13.64 Bn 186.10 Mn -46.80 Mn
4 Borgwarner 13.51 Bn 13.68 Bn 677.00 Mn 255.00 Mn
5 Genuine Parts 13.47 Bn 12.99 Bn 2.34 Bn 188.54 Mn
6 Aptiv 12.21 Bn 9.14 Bn 920.00 Mn 204.00 Mn
7 Magna International 10.79 Bn 9.60 Bn 1.42 Bn 87.00 Mn
8 Autoliv 9.18 Bn 8.83 Bn 526.00 Mn 142.00 Mn
9 Allison Transmission Holdings 9.12 Bn 8.81 Bn 406.00 Mn 112.00 Mn
10 Microvast Holdings 485.25 Mn 311.25 Mn 19.16 Mn -8.78 Mn

Historic Data

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DateValue
Mar 31, 2026 -8.78 Mn
Dec 31, 2025 16.54 Mn
Sep 30, 2025 -1.49 Mn
Jun 30, 2025 -106.06 Mn
Mar 31, 2025 61.79 Mn
Dec 31, 2024 -82.32 Mn
Sep 30, 2024 13.25 Mn
Jun 30, 2024 -101.56 Mn
Mar 31, 2024 -24.83 Mn
Dec 31, 2023 -24.59 Mn
Sep 30, 2023 -26.17 Mn
Jun 30, 2023 -26.08 Mn
Mar 31, 2023 -29.57 Mn
Dec 31, 2022 -33.70 Mn
Sep 30, 2022 -36.54 Mn
Jun 30, 2022 -44.18 Mn
Mar 31, 2022 -43.78 Mn
Dec 31, 2021 -46.64 Mn
Sep 30, 2021 -116.48 Mn
Jun 30, 2021 -27.07 Mn
Mar 31, 2021 -16.30 Mn
Dec 31, 2020 -4.55 Mn
Sep 30, 2020 -10.09 Mn
Jun 30, 2020 -297,162.00
Mar 31, 2020 1.90 Mn
Dec 31, 2019 -62.11 Mn
Sep 30, 2019 896,594.00
Jun 30, 2019 1.26 Mn
Mar 31, 2019 283,325.00