Microvast Holdings (MVST) Net Margin (2020 - 2026)
Microvast Holdings' quarterly Net Margin came in at 14.48% in Q1 2026, down 6753.0% year-on-year from 0.22% in Q1 2025, and down 184.42% quarter-over-quarter from 17.16% in Q4 2025.
Microvast Holdings has reported Net Margin for 7 years, with the latest figure at 14.48% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin fell 6753.0% year-over-year to 14.48%; the trailing twelve-month figure through Mar 2026 stood at 26.85% (down 62.0% YoY), and the FY2025 full-year result was 6.83%, up 4463.0% from the prior year.
- Net Margin for Q1 2026 stood at 14.48%, 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.
- Year-over-year, Net Margin surged 22107 bps in 2022 and slumped 8658 bps in 2024.
- Tracing MVST's Net Margin over 5 years: stood at 52.01% in 2022, then soared by 55 bps to 23.52% in 2023, then sank by 209 bps to 72.6% in 2024, then soared by 124 bps to 17.16% in 2025, then tumbled by 184 bps to 14.48% in 2026.
- The last three Net Margin figures came in at 14.48% (Q1 2026), 17.16% (Q4 2025), and 1.21% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 77.46 Bn | 77.21 Bn | 2.35 Bn | 13.25% |
| 2 | Autozone | 56.88 Bn | 56.59 Bn | 2.24 Bn | 10.97% |
| 3 | Genuine Parts | 13.45 Bn | 12.97 Bn | 2.34 Bn | 3.01% |
| 4 | Modine Manufacturing | 13.16 Bn | 13.07 Bn | 186.10 Mn | -5.81% |
| 5 | Borgwarner | 13.07 Bn | 13.23 Bn | 677.00 Mn | 7.22% |
| 6 | Aptiv | 11.89 Bn | 8.82 Bn | 920.00 Mn | 0.28% |
| 7 | Magna International | 10.79 Bn | 9.60 Bn | 1.42 Bn | 0.84% |
| 8 | Allison Transmission Holdings | 9.02 Bn | 8.71 Bn | 406.00 Mn | 7.97% |
| 9 | Autoliv | 9.01 Bn | 8.66 Bn | 526.00 Mn | 5.16% |
| 10 | Microvast Holdings | 458.66 Mn | 284.66 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% |
| Mar 31, 2021 | -109.11% |
| Dec 31, 2020 | -9.46% |
| Sep 30, 2020 | -32.81% |