Microvast Holdings (MVSTW) FCF Margin (2020 - 2026)

Microvast Holdings' FCF Margin history runs 7 years deep, the most recent figure standing at 42.32% for Q1 2026.

• In Q1 2026, FCF Margin fell 4646.0% year-over-year to 42.32%; the TTM figure through Mar 2026 stood at 6.89% (up 1415.0% YoY), while the FY2025 annual figure was 13.12%, up 2448.0% from the prior year.
• FCF Margin was 42.32% for Q1 2026 at Microvast Holdings, down from 16.37% in the prior quarter.
• In the past five years, FCF Margin ranged from a high of 37.54% in Q2 2025 to a low of 179.93% in Q1 2022.
• Historically, FCF Margin has averaged 40.8% across 5 years, with a median of 24.41% in 2023.
• The sharpest annual moves came in 2022 and 2024: FCF Margin slumped 4987 bps in 2022, then soared 11342 bps in 2024.
• A 5-year view of FCF Margin shows it stood at 94.9% in 2022, then surged by 74 bps to 24.41% in 2023, then jumped by 171 bps to 17.22% in 2024, then retreated by 5 bps to 16.37% in 2025, then tumbled by 359 bps to 42.32% in 2026.
• The last three FCF Margin figures came in at 42.32% (Q1 2026), 16.37% (Q4 2025), and 0.96% (Q3 2025), per Business Quant data.