Microvast Holdings (MVST) Revenue (2020 - 2026)
Microvast Holdings' quarterly Revenue came in at $60.6 million in Q1 2026, down 47.97% year-on-year from $116.5 million in Q1 2025, and down 37.12% quarter-over-quarter from $96.4 million in Q4 2025.
Microvast Holdings has reported Revenue for 7 years, with the latest figure at $60.6 million in Q1 2026.
- For the quarter ending Q1 2026, Revenue fell 47.97% year-over-year to $60.6 million; the trailing twelve-month figure through Mar 2026 stood at $371.6 million (down 10.44% YoY), and the FY2025 full-year result was $427.5 million, up 12.56% from the prior year.
- Revenue for Q1 2026 stood at $60.6 million, down from $96.4 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 $81.1 million, with a median of $81.4 million recorded in 2024.
- Year-over-year, Revenue jumped 145.47% in 2022 and plunged 47.97% in 2026.
- Tracing MVST's Revenue over 5 years: 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 tumbled by 37.12% to $60.6 million in 2026.
- The last three Revenue figures came in at $60.6 million (Q1 2026), $96.4 million (Q4 2025), and $123.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 77.46 Bn | 77.21 Bn | 2.35 Bn | 4.56 Bn |
| 2 | Autozone | 56.88 Bn | 56.59 Bn | 2.24 Bn | 4.27 Bn |
| 3 | Genuine Parts | 13.45 Bn | 12.97 Bn | 2.34 Bn | 6.26 Bn |
| 4 | Modine Manufacturing | 13.16 Bn | 13.07 Bn | 186.10 Mn | 805.00 Mn |
| 5 | Borgwarner | 13.07 Bn | 13.23 Bn | 677.00 Mn | 3.53 Bn |
| 6 | Aptiv | 11.89 Bn | 8.82 Bn | 920.00 Mn | 5.09 Bn |
| 7 | Magna International | 10.79 Bn | 9.60 Bn | 1.42 Bn | 10.38 Bn |
| 8 | Allison Transmission Holdings | 9.02 Bn | 8.71 Bn | 406.00 Mn | 1.41 Bn |
| 9 | Autoliv | 9.01 Bn | 8.66 Bn | 526.00 Mn | 2.75 Bn |
| 10 | Microvast Holdings | 458.66 Mn | 284.66 Mn | 19.16 Mn | 60.61 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 33.37 Mn |
| Mar 31, 2021 | 14.94 Mn |
| Dec 31, 2020 | 48.12 Mn |
| Sep 30, 2020 | 30.75 Mn |