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

Microvast Holdings (MVSTW) posted quarterly Net Margin of 14.48% for Q1 2026, down 6753.0% year-over-year from 0.22% in Q1 2025, and down 184.42% on a QoQ basis from 17.16% in Q4 2025.

Microvast Holdings (MVSTW) Net Margin (2020 - 2026) Analysis & Trends

Microvast Holdings (MVSTW) has reported Net Margin for 7 consecutive years, with 14.48% the latest figure, recorded in Q1 2026.

  • In Q1 2026, Net Margin fell 6753.0% year-over-year to 14.48%; the TTM figure through Mar 2026 stood at 26.85% (down 62.0% YoY), while the FY2025 annual figure was 6.83%, up 4463.0% from the prior year.
  • Net Margin came in at 14.48% for Q1 2026 at Microvast Holdings, down from 17.16% in the prior quarter.
  • The five-year high for Net Margin was 53.04% in Q1 2025, with the low at 121.37% in Q2 2024.
  • Average Net Margin over 5 years is 44.8%, with a median of 34.79% recorded in 2023.
  • Across the five-year window, Net Margin soared 22107 bps in 2022 and tumbled 8658 bps in 2024, its largest moves.
  • Year by year, Net Margin stood at 52.01% in 2022, then surged by 55 bps to 23.52% in 2023, then tumbled by 209 bps to 72.6% in 2024, then surged by 124 bps to 17.16% in 2025, then sank by 184 bps to 14.48% in 2026.
  • According to Business Quant data, Net Margin over the past three periods registered 14.48%, 17.16%, and 1.21% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Advance Auto Parts 65.13 Bn 62.01 Bn 869.00 Mn -1.22%
2 Autozone 53.07 Bn 52.82 Bn 2.52 Bn 13.25%
3 Magna International 17.54 Bn 16.29 Bn 1.42 Bn -0.01%
4 Genuine Parts 16.15 Bn 15.67 Bn 2.34 Bn 3.01%
5 Aurora Innovation 13.77 Bn 12.55 Bn -5.00 Mn -22,300.00%
6 Borgwarner 13.21 Bn 13.37 Bn 677.00 Mn 7.22%
7 Aptiv 12.84 Bn 9.76 Bn 920.00 Mn 0.28%
8 Autoliv 8.73 Bn 8.37 Bn 526.00 Mn 5.16%
9 Modine Manufacturing 8.68 Bn 8.59 Bn 186.10 Mn -5.81%
10 Microvast Holdings - - 19.16 Mn -14.48%

Historic Data

Download Data
DateValue
Mar 31, 2026 -14.48%
Dec 31, 2025 17.16%
Sep 30, 2025 -1.21%
Jun 30, 2025 -116.11%
Mar 31, 2025 53.04%
Dec 31, 2024 -72.60%
Sep 30, 2024 13.07%
Jun 30, 2024 -121.37%
Mar 31, 2024 -30.52%
Dec 31, 2023 -23.52%
Sep 30, 2023 -32.67%
Jun 30, 2023 -34.79%
Mar 31, 2023 -62.95%
Dec 31, 2022 -52.01%
Sep 30, 2022 -94.63%
Jun 30, 2022 -68.59%
Mar 31, 2022 -119.38%
Dec 31, 2021 -69.85%
Sep 30, 2021 -315.70%
Jun 30, 2021 -81.11%