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

Microvast Holdings (MVSTW) has reported Gross Margin for 7 consecutive years, with 31.6% the latest figure, recorded in Q1 2026.

• In Q1 2026, Gross Margin fell 532.0% year-over-year to 31.6%; the TTM figure through Mar 2026 stood at 26.44% (down 859.0% YoY), while the FY2025 annual figure was 28.56%, down 291.0% from the prior year.
• Gross Margin came in at 31.6% for Q1 2026 at Microvast Holdings, up from 0.99% in the prior quarter.
• The five-year high for Gross Margin was 37.65% in Q3 2025, with the low at 0.04% in Q1 2022.
• Average Gross Margin over 5 years is 20.67%, with a median of 22.02% recorded in 2023.
• Across the five-year window, Gross Margin soared 10243 bps in 2022 and slumped 3562 bps in 2025, its largest moves.
• Year by year, Gross Margin stood at 3.44% in 2022, then soared by 541 bps to 22.02% in 2023, then soared by 66 bps to 36.62% in 2024, then slumped by 97 bps to 0.99% in 2025, then surged by 3077 bps to 31.6% in 2026.
• According to Business Quant data, Gross Margin over the past three periods registered 31.6%, 0.99%, and 37.65% for Q1 2026, Q4 2025, and Q3 2025 respectively.