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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

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

Microvast Holdings has reported Gross Margin over the past 6 years, most recently at 0.99% for Q4 2025.

  • Quarterly results put Gross Margin at 0.99% for Q4 2025, down 3562.0% from a year ago — trailing twelve months through Dec 2025 was 28.56% (down 291.0% YoY), and the annual figure for FY2025 was 28.56%, down 291.0%.
  • Gross Margin for Q4 2025 was 0.99% at Microvast Holdings, down from 37.65% in the prior quarter.
  • Over the last five years, Gross Margin for MVSTW hit a ceiling of 37.65% in Q3 2025 and a floor of 97.27% in Q3 2021.
  • Median Gross Margin over the past 5 years was 12.82% (2023), compared with a mean of 9.79%.
  • Biggest five-year swings in Gross Margin: crashed -10922bps in 2021 and later surged 10243bps in 2022.
  • Microvast Holdings' Gross Margin stood at 1.73% in 2021, then soared by 99bps to 3.44% in 2022, then skyrocketed by 541bps to 22.02% in 2023, then skyrocketed by 66bps to 36.62% in 2024, then crashed by -97bps to 0.99% in 2025.
  • The last three reported values for Gross Margin were 0.99% (Q4 2025), 37.65% (Q3 2025), and 34.73% (Q2 2025) per Business Quant data.