Microvast Holdings (MVSTW) EBITDA (2019 - 2026)

Microvast Holdings (MVSTW) recorded quarterly EBITDA of -$7.9 million in Q1 2026, up 80.72% quarter-over-quarter from -$41.2 million in Q4 2025, and down 151.98% on a YoY basis from $15.3 million in Q1 2025.

Microvast Holdings (MVSTW) EBITDA (2019 - 2026) Analysis & Trends

Microvast Holdings' EBITDA history runs 8 years deep, the most recent figure standing at -$7.9 million for Q1 2026.

  • In Q1 2026, EBITDA fell 151.98% year-over-year to -$7.9 million; the TTM figure through Mar 2026 stood at -$19.9 million (up 74.41% YoY), while the FY2025 annual figure was $7.0 million, up 106.02% from the prior year.
  • EBITDA was -$7.9 million for Q1 2026 at Microvast Holdings, up from -$41.2 million in the prior quarter.
  • In the past five years, EBITDA ranged from a high of $16.2 million in Q2 2025 to a low of -$98.7 million in Q2 2024.
  • Historically, EBITDA has averaged -$22.8 million across 5 years, with a median of -$26.3 million in 2023.
  • Biggest YoY gain for EBITDA was 166.03% in 2025; the steepest drop was 2804.52% in 2025.
  • A 5-year view of EBITDA shows it stood at -$34.6 million in 2022, then jumped by 35.84% to -$22.2 million in 2023, then surged by 93.62% to -$1.4 million in 2024, then plunged by 2804.52% to -$41.2 million in 2025, then soared by 80.72% to -$7.9 million in 2026.
  • The last three EBITDA figures came in at -$7.9 million (Q1 2026), -$41.2 million (Q4 2025), and $13.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 O Reilly Automotive 75.10 Bn 74.85 Bn 2.35 Bn 841.61 Mn
2 Autozone 51.89 Bn 51.61 Bn 2.24 Bn 698.46 Mn
3 Borgwarner 15.04 Bn 15.20 Bn 677.00 Mn 336.00 Mn
4 Modine Manufacturing 14.67 Bn 14.58 Bn 186.10 Mn 89.30 Mn
5 Aptiv 14.58 Bn 11.51 Bn 920.00 Mn 378.00 Mn
6 Genuine Parts 13.66 Bn 13.18 Bn 2.34 Bn 286.27 Mn
7 Aurora Innovation 11.95 Bn 10.73 Bn -5.00 Mn -244.00 Mn
8 Magna International 10.79 Bn 9.60 Bn 1.42 Bn 866.00 Mn
9 Allison Transmission Holdings 9.76 Bn 9.45 Bn 406.00 Mn 79.00 Mn
10 Microvast Holdings - - 19.16 Mn -7.93 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -7.93 Mn
Dec 31, 2025 -41.16 Mn
Sep 30, 2025 12.99 Mn
Jun 30, 2025 16.21 Mn
Mar 31, 2025 15.27 Mn
Dec 31, 2024 -1.42 Mn
Sep 30, 2024 7.19 Mn
Jun 30, 2024 -98.74 Mn
Mar 31, 2024 -23.12 Mn
Dec 31, 2023 -22.22 Mn
Sep 30, 2023 -26.35 Mn
Jun 30, 2023 -26.87 Mn
Mar 31, 2023 -31.30 Mn
Dec 31, 2022 -34.63 Mn
Sep 30, 2022 -37.09 Mn
Jun 30, 2022 -44.97 Mn
Mar 31, 2022 -43.26 Mn
Dec 31, 2021 -47.59 Mn
Sep 30, 2021 -113.30 Mn
Jun 30, 2021 -22.34 Mn