Microvast Holdings (MVST) Revenue (2020 - 2026)
Microvast Holdings (MVST) posted quarterly Revenue of $60.6 million for Q1 2026, down 47.97% year-over-year from $116.5 million in Q1 2025, and down 37.12% quarter-over-quarter from $96.4 million in Q4 2025.
Microvast Holdings (MVST) Revenue (2020 - 2026) Analysis & Trends
Microvast Holdings' Revenue history runs 7 years deep, the most recent figure standing at $60.6 million for Q1 2026.
- In Q1 2026, Revenue fell 47.97% year-over-year to $60.6 million; the TTM figure through Mar 2026 stood at $371.6 million (down 10.44% YoY), while the FY2025 annual figure 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.
- The 5-year median for Revenue is $81.4 million (2024), against an average of $81.1 million.
- The sharpest annual moves came in 2022 and 2026: Revenue jumped 145.47% in 2022, then tumbled 47.97% in 2026.
- Microvast Holdings' Revenue stood at $64.8 million in 2022, then soared by 61.39% to $104.6 million in 2023, then rose by 8.43% to $113.4 million in 2024, then fell by 14.98% to $96.4 million in 2025, then tumbled by 37.12% to $60.6 million in 2026.
- Business Quant data shows MVST's Revenue at $60.6 million in Q1 2026, $96.4 million in Q4 2025, and $123.3 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 73.54 Bn | 73.28 Bn | 2.52 Bn | 4.89 Bn |
| 2 | Autozone | 48.78 Bn | 48.52 Bn | 2.52 Bn | 4.84 Bn |
| 3 | Magna International | 19.33 Bn | 17.90 Bn | 1.61 Bn | 10.98 Bn |
| 4 | Genuine Parts | 18.26 Bn | 17.70 Bn | 2.47 Bn | 6.54 Bn |
| 5 | Borgwarner | 13.15 Bn | 10.70 Bn | 721.00 Mn | 3.65 Bn |
| 6 | Allison Transmission Holdings | 10.71 Bn | 10.31 Bn | 515.00 Mn | 1.57 Bn |
| 7 | Modine Manufacturing | 10.08 Bn | 10.00 Bn | - | - |
| 8 | Aptiv | 9.95 Bn | 9.19 Bn | 775.00 Mn | 3.27 Bn |
| 9 | Autoliv | 9.00 Bn | 8.63 Bn | 509.00 Mn | 2.80 Bn |
| 10 | Microvast Holdings | 275.01 Mn | 131.88 Mn | 25.78 Mn | 87.26 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |