Microvast Holdings MVST
NASDAQ MVST
$0.63 +0.01 (+1.34%)
As of: Sep 10, 2026 · 10:51 AM EDT

Microvast Holdings (MVST) Revenue (2020 - 2026)

Microvast Holdings (MVST) posted Revenue of $87.3 million for Q2 2026, up 43.97% on a QoQ basis from $60.6 million in Q1 2026, and down 4.46% year-over-year from $91.3 million in Q2 2025.

Analysis

Microvast Holdings (MVST) Revenue (2020 - 2026) Analysis & Trends

Microvast Holdings has reported Revenue for 7 years, with the latest figure at $87.3 million in Q2 2026.

  • On a quarterly basis, Revenue fell 4.46% year-over-year to $87.3 million in Q2 2026; TTM through Jun 2026 was $367.6 million, a 13.03% decrease from a year earlier, with the FY2025 full-year figure at $427.5 million, up 12.56% from the prior year.
  • Revenue was $87.3 million for Q2 2026 at Microvast Holdings, up from $60.6 million in the prior quarter.
  • The five-year high for Revenue was $123.3 million in Q3 2025, with the low at $36.7 million in Q1 2022.
  • Average Revenue over 5 years is $81.5 million, with a median of $82.5 million recorded in 2024.
  • The sharpest annual moves came in 2022 and 2026: Revenue soared 145.47% in 2022, then tumbled 47.97% in 2026.
  • Over 5 years, Revenue stood at $64.8 million in 2022, then surged by 61.39% to $104.6 million in 2023, then advanced by 8.43% to $113.4 million in 2024, then decreased by 14.98% to $96.4 million in 2025, then decreased by 9.48% to $87.3 million in 2026.
  • The last three Revenue figures came in at $87.3 million (Q2 2026), $60.6 million (Q1 2026), and $96.4 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Revenue (Qtr)
1 EnerSys 6.51 Bn 5.98 Bn 313.36 Mn 935.64 Mn
2 QuantumScape 3.24 Bn 3.24 Bn - -
3 Eos Energy Enterprises 1.39 Bn 1.04 Bn -48.80 Mn 68.78 Mn
4 Fluence Energy 1.38 Bn 811.75 Mn 33.24 Mn 649.85 Mn
5 Energy Vault Holdings 748.92 Mn 641.57 Mn 5.38 Mn 17.37 Mn
6 Enovix 700.30 Mn 700.30 Mn 1.30 Mn 9.02 Mn
7 Amprius Technologies 439.73 Mn 365.22 Mn 9.28 Mn 34.03 Mn
8 Electrovaya 261.82 Mn 248.74 Mn 6.19 Mn 17.72 Mn
9 Microvast Holdings 221.41 Mn 78.28 Mn 25.78 Mn 87.26 Mn
10 Ses Ai 174.89 Mn 174.89 Mn 1.15 Mn 5.07 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 87.26 Mn
Mar 31, 2026 60.61 Mn
Dec 31, 2025 96.40 Mn
Sep 30, 2025 123.29 Mn
Jun 30, 2025 91.34 Mn
Mar 31, 2025 116.49 Mn
Dec 31, 2024 113.39 Mn
Sep 30, 2024 101.39 Mn
Jun 30, 2024 83.68 Mn
Mar 31, 2024 81.35 Mn
Dec 31, 2023 104.58 Mn
Sep 30, 2023 80.12 Mn
Jun 30, 2023 74.95 Mn
Mar 31, 2023 46.97 Mn
Dec 31, 2022 64.80 Mn
Sep 30, 2022 38.62 Mn
Jun 30, 2022 64.41 Mn
Mar 31, 2022 36.67 Mn
Dec 31, 2021 66.77 Mn
Sep 30, 2021 36.89 Mn