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

Microvast Holdings' Net Margin history runs 7 years deep, the most recent figure standing at 14.48% for 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 was 14.48% for Q1 2026 at Microvast Holdings, down from 17.16% in the prior quarter.
• In the past five years, Net Margin ranged from a high of 53.04% in Q1 2025 to a low of 121.37% in Q2 2024.
• Historically, Net Margin has averaged 44.8% across 5 years, with a median of 34.79% in 2023.
• The sharpest annual moves came in 2022 and 2024: Net Margin soared 22107 bps in 2022, then slumped 8658 bps in 2024.
• A 5-year view of Net Margin shows it stood at 52.01% in 2022, then surged by 55 bps to 23.52% in 2023, then slumped by 209 bps to 72.6% in 2024, then surged by 124 bps to 17.16% in 2025, then plunged by 184 bps to 14.48% in 2026.
• The last three Net Margin figures came in at 14.48% (Q1 2026), 17.16% (Q4 2025), and 1.21% (Q3 2025), per Business Quant data.