Growth Metrics

Microvast Holdings (MVST) Operating Margin (2020 - 2025)

Historic Operating Margin for Microvast Holdings (MVST) over the last 6 years, with Q3 2025 value amounting to 10.54%.

  • Microvast Holdings' Operating Margin rose 34500.0% to 10.54% in Q3 2025 from the same period last year, while for Sep 2025 it was 10.51%, marking a year-over-year increase of 474100.0%. This contributed to the annual value of 30.57% for FY2024, which is 42400.0% up from last year.
  • As of Q3 2025, Microvast Holdings' Operating Margin stood at 10.54%, which was up 34500.0% from 17.75% recorded in Q2 2025.
  • Microvast Holdings' 5-year Operating Margin high stood at 17.75% for Q2 2025, and its period low was 307.09% during Q3 2021.
  • Its 5-year average for Operating Margin is 58.3%, with a median of 53.44% in 2022.
  • Its Operating Margin has fluctuated over the past 5 years, first crashed by -2775100bps in 2021, then surged by 2110400bps in 2022.
  • Quarter analysis of 5 years shows Microvast Holdings' Operating Margin stood at 71.28% in 2021, then grew by 25bps to 53.44% in 2022, then surged by 60bps to 21.24% in 2023, then skyrocketed by 94bps to 1.25% in 2024, then skyrocketed by 943bps to 10.54% in 2025.
  • Its Operating Margin was 10.54% in Q3 2025, compared to 17.75% in Q2 2025 and 16.25% in Q1 2025.