Microvast Holdings (MVST) Net Margin (2020 - 2026)
Microvast Holdings (MVST) posted quarterly Net Margin of 14.48% for Q1 2026, down 6753.0% year-over-year from 0.22% in Q1 2025, and down 184.42% on a QoQ basis from 17.16% in Q4 2025.
Microvast Holdings (MVST) Net Margin (2020 - 2026) Analysis & Trends
Microvast Holdings (MVST) has reported Net Margin for 7 consecutive years, with 14.48% the latest figure, recorded in Q1 2026.
- In Q1 2026, Net Margin fell 6753.0% year-over-year to 14.48%; the TTM figure through Mar 2026 stood at 26.85% (down 62.0% YoY), while the FY2025 annual figure was 6.83%, up 4463.0% from the prior year.
- Net Margin came in at 14.48% for Q1 2026 at Microvast Holdings, down from 17.16% in the prior quarter.
- The five-year high for Net Margin was 53.04% in Q1 2025, with the low at 121.37% in Q2 2024.
- Average Net Margin over 5 years is 44.8%, with a median of 34.79% recorded in 2023.
- Across the five-year window, Net Margin soared 22107 bps in 2022 and tumbled 8658 bps in 2024, its largest moves.
- Year by year, Net Margin stood at 52.01% in 2022, then surged by 55 bps to 23.52% in 2023, then tumbled by 209 bps to 72.6% in 2024, then surged by 124 bps to 17.16% in 2025, then sank by 184 bps to 14.48% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 14.48%, 17.16%, and 1.21% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Advance Auto Parts | 65.13 Bn | 62.01 Bn | 869.00 Mn | -1.22% |
| 2 | Autozone | 53.07 Bn | 52.82 Bn | 2.52 Bn | 13.25% |
| 3 | Magna International | 17.54 Bn | 16.29 Bn | 1.42 Bn | -0.01% |
| 4 | Genuine Parts | 16.15 Bn | 15.67 Bn | 2.34 Bn | 3.01% |
| 5 | Aurora Innovation | 13.77 Bn | 12.55 Bn | -5.00 Mn | -22,300.00% |
| 6 | Borgwarner | 13.21 Bn | 13.37 Bn | 677.00 Mn | 7.22% |
| 7 | Aptiv | 12.84 Bn | 9.76 Bn | 920.00 Mn | 0.28% |
| 8 | Autoliv | 8.73 Bn | 8.37 Bn | 526.00 Mn | 5.16% |
| 9 | Modine Manufacturing | 8.68 Bn | 8.59 Bn | 186.10 Mn | -5.81% |
| 10 | Microvast Holdings | 398.83 Mn | 224.83 Mn | 19.16 Mn | -14.48% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -14.48% |
| Dec 31, 2025 | 17.16% |
| Sep 30, 2025 | -1.21% |
| Jun 30, 2025 | -116.11% |
| Mar 31, 2025 | 53.04% |
| Dec 31, 2024 | -72.60% |
| Sep 30, 2024 | 13.07% |
| Jun 30, 2024 | -121.37% |
| Mar 31, 2024 | -30.52% |
| Dec 31, 2023 | -23.52% |
| Sep 30, 2023 | -32.67% |
| Jun 30, 2023 | -34.79% |
| Mar 31, 2023 | -62.95% |
| Dec 31, 2022 | -52.01% |
| Sep 30, 2022 | -94.63% |
| Jun 30, 2022 | -68.59% |
| Mar 31, 2022 | -119.38% |
| Dec 31, 2021 | -69.85% |
| Sep 30, 2021 | -315.70% |
| Jun 30, 2021 | -81.11% |