Growth Metrics

Microvast Holdings (MVSTW) EBITDA Margin (2020 - 2025)

Microvast Holdings has reported EBITDA Margin over the past 6 years, most recently at 42.69% for Q4 2025.

  • Quarterly results put EBITDA Margin at 42.69% for Q4 2025, down 4144.0% from a year ago — trailing twelve months through Dec 2025 was 1.63% (up 3220.0% YoY), and the annual figure for FY2025 was 1.63%, up 3220.0%.
  • EBITDA Margin for Q4 2025 was 42.69% at Microvast Holdings, down from 10.54% in the prior quarter.
  • Over the last five years, EBITDA Margin for MVSTW hit a ceiling of 17.75% in Q2 2025 and a floor of 307.09% in Q3 2021.
  • Median EBITDA Margin over the past 5 years was 48.07% (2022), compared with a mean of 57.52%.
  • Biggest five-year swings in EBITDA Margin: tumbled -27751bps in 2021 and later surged 21104bps in 2022.
  • Microvast Holdings' EBITDA Margin stood at 71.28% in 2021, then grew by 25bps to 53.44% in 2022, then skyrocketed by 60bps to 21.24% in 2023, then soared by 94bps to 1.25% in 2024, then plummeted by -3316bps to 42.69% in 2025.
  • The last three reported values for EBITDA Margin were 42.69% (Q4 2025), 10.54% (Q3 2025), and 17.75% (Q2 2025) per Business Quant data.