Microvast Holdings (MVST) Net Margin (2020 - 2026)
Microvast Holdings (MVST) posted quarterly Net Margin of 29.94% for Q1 2026, down 8299.0% year-over-year from 0.37% in Q1 2025, and down 274.52% quarter-over-quarter from 17.16% in Q4 2025.
Microvast Holdings (MVST) Net Margin (2020 - 2026) Analysis & Trends
Microvast Holdings' Net Margin history runs 7 years deep, the most recent figure standing at 29.94% for Q1 2026.
- In Q1 2026, Net Margin fell 8299.0% year-over-year to 29.94%; the TTM figure through Mar 2026 stood at 29.37% (down 314.0% YoY), while the FY2025 annual figure was 6.83%, up 4463.0% from the prior year.
- Net Margin for Q1 2026 stood at 29.94%, 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.
- The 5-year median for Net Margin is 34.79% (2023), against an average of 45.71%.
- The sharpest annual moves came in 2022 and 2024: Net Margin surged 22107 bps in 2022, then sank 8658 bps in 2024.
- Microvast Holdings' Net Margin stood at 52.01% in 2022, then jumped by 55 bps to 23.52% in 2023, then sank by 209 bps to 72.6% in 2024, then jumped by 124 bps to 17.16% in 2025, then sank by 275 bps to 29.94% in 2026.
- Business Quant data shows MVST's Net Margin at 29.94% in Q1 2026, 17.16% in Q4 2025, and 1.21% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 73.55 Bn | 73.29 Bn | 2.52 Bn | 14.62% |
| 2 | Autozone | 48.72 Bn | 48.46 Bn | 2.52 Bn | 13.25% |
| 3 | Magna International | 20.02 Bn | 18.59 Bn | 1.61 Bn | 4.36% |
| 4 | Genuine Parts | 18.44 Bn | 17.88 Bn | 2.47 Bn | 3.48% |
| 5 | Borgwarner | 13.74 Bn | 11.29 Bn | 721.00 Mn | 7.98% |
| 6 | Allison Transmission Holdings | 11.11 Bn | 10.71 Bn | 515.00 Mn | 11.56% |
| 7 | Modine Manufacturing | 10.43 Bn | 10.36 Bn | - | - |
| 8 | Aptiv | 10.21 Bn | 9.45 Bn | 775.00 Mn | 8.06% |
| 9 | Autoliv | 9.27 Bn | 8.90 Bn | 509.00 Mn | 3.60% |
| 10 | Microvast Holdings | 282.20 Mn | 139.07 Mn | 25.78 Mn | -13.74% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -13.74% |
| Mar 31, 2026 | -29.94% |
| 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% |