Microvast Holdings (MVST) Net Income (2019 - 2026)
Microvast Holdings (MVST) posted quarterly Net Income of -$18.1 million for Q1 2026, down 129.37% year-over-year from $61.8 million in Q1 2025, and down 209.73% quarter-over-quarter from $16.5 million in Q4 2025.
Microvast Holdings (MVST) Net Income (2019 - 2026) Analysis & Trends
Microvast Holdings' Net Income history runs 8 years deep, the most recent figure standing at -$18.1 million for Q1 2026.
- In Q1 2026, Net Income fell 129.37% year-over-year to -$18.1 million; the TTM figure through Mar 2026 stood at -$109.2 million (changed 0.29% YoY), while the FY2025 annual figure was -$29.2 million, up 85.05% from the prior year.
- Net Income for Q1 2026 stood at -$18.1 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.
- The 5-year median for Net Income is -$26.2 million (2023), against an average of -$29.8 million.
- The sharpest annual moves came in 2022 and 2025: Net Income sank 13764.59% in 2022, then jumped 348.9% in 2025.
- Microvast Holdings' Net Income stood at -$33.7 million in 2022, then advanced by 27.03% to -$24.6 million in 2023, then slumped by 234.77% to -$82.3 million in 2024, then jumped by 120.09% to $16.5 million in 2025, then slumped by 209.73% to -$18.1 million in 2026.
- Business Quant data shows MVST's Net Income at -$18.1 million in Q1 2026, $16.5 million in Q4 2025, and -$1.5 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 73.55 Bn | 73.29 Bn | 2.52 Bn | 715.06 Mn |
| 2 | Autozone | 48.72 Bn | 48.46 Bn | 2.52 Bn | 641.49 Mn |
| 3 | Magna International | 20.02 Bn | 18.59 Bn | 1.61 Bn | 479.00 Mn |
| 4 | Genuine Parts | 18.44 Bn | 17.88 Bn | 2.47 Bn | 227.56 Mn |
| 5 | Borgwarner | 13.74 Bn | 11.29 Bn | 721.00 Mn | 291.00 Mn |
| 6 | Allison Transmission Holdings | 11.11 Bn | 10.71 Bn | 515.00 Mn | 181.00 Mn |
| 7 | Modine Manufacturing | 10.43 Bn | 10.36 Bn | - | - |
| 8 | Aptiv | 10.21 Bn | 9.45 Bn | 775.00 Mn | 264.00 Mn |
| 9 | Autoliv | 9.27 Bn | 8.90 Bn | 509.00 Mn | 101.00 Mn |
| 10 | Microvast Holdings | 282.20 Mn | 139.07 Mn | 25.78 Mn | -11.99 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -11.99 Mn |
| Mar 31, 2026 | -18.15 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 |