Microvast Holdings (MVST) Tax Rate (2019 - 2025)

Microvast Holdings' Tax Rate history runs 6 years deep, the most recent figure standing at 61.28% for Q4 2025.

• In Q4 2025, Tax Rate changed N/A year-over-year to 61.28%; the TTM figure through Dec 2025 stood at 15.42% (changed N/A YoY), while the FY2025 annual figure was 15.42%, changed N/A from the prior year.
• Tax Rate was 61.28% for Q4 2025 at Microvast Holdings, up from 98.53% in the prior quarter.
• In the past five years, Tax Rate ranged from a high of 0.69% in Q4 2021 to a low of 98.53% in Q3 2025.
• Historically, Tax Rate has averaged 17.85% across 4 years, with a median of 0.21% in 2025.
• Biggest YoY gain for Tax Rate was 60 bps in 2021; the steepest drop was 2050 bps in 2021.
• A 4-year view of Tax Rate shows it stood at 0.69% in 2021, then slumped by 114 bps to 0.1% in 2022, then soared by 58 bps to 0.04% in 2023, then slumped by 150526 bps to 61.28% in 2025.
• The last three Tax Rate figures came in at 61.28% (Q4 2025), 98.53% (Q3 2025), and 0.21% (Q2 2025), per Business Quant data.