Microvast Holdings (MVST) Net Income (2019 - 2026)
Microvast Holdings' Net Income was -$11.99 million in Q2 2026, compared with -$106.06 million a year earlier.
Microvast Holdings (MVST) Net Income (2019 - 2026) Analysis & Trends
On a trailing twelve-month basis, Microvast Holdings' Net Income was $51.27 million through Jun 30, 2026; for FY2025, it came in at -$29.22 million.
- In earlier years, Net Income was -$195.46 million in FY2024, -$106.41 million in FY2023, -$158.2 million in FY2022 and -$206.48 million in FY2021.
- Quarterly Net Income has moved between -$116.48 million (Q3 2021) and $61.79 million (Q1 2025) over five years.
- Per Business Quant data, MVST's Net Income in the three quarters before Q2 2026 was $48.21 million (Q1 2026), $16.54 million (Q4 2025) and -$1.49 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn | 649.00 Mn |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn | 198.86 Mn |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn | 422.57 Mn |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn | 89.10 Mn |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn | 143.24 Mn |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn | 165.36 Mn |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn | 116.45 Mn |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn | 36.08 Mn |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn | 8.10 Mn |
| 10 | Microvast Holdings | 246.10 Mn | -203.57 Mn | 25.78 Mn | -11.99 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -11.99 Mn |
| Mar 31, 2026 | 48.21 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 |
Microvast Holdings Net Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-income&ticker=MVST&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-income", "ticker": "MVST", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-income&ticker=MVST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();