Microvast Holdings (MVSTW) Revenue (2020 - 2026)
Microvast Holdings (MVSTW) recorded quarterly Revenue of $60.6 million in Q1 2026, down 37.12% quarter-over-quarter from $96.4 million in Q4 2025, and down 47.97% on a YoY basis from $116.5 million in Q1 2025.
Microvast Holdings (MVSTW) Revenue (2020 - 2026) Analysis & Trends
Microvast Holdings' Revenue history runs 7 years deep, the most recent figure standing at $60.6 million for Q1 2026.
- In Q1 2026, Revenue fell 47.97% year-over-year to $60.6 million; the TTM figure through Mar 2026 stood at $371.6 million (down 10.44% YoY), while the FY2025 annual figure was $427.5 million, up 12.56% from the prior year.
- Revenue was $60.6 million for Q1 2026 at Microvast Holdings, down from $96.4 million in the prior quarter.
- In the past five years, Revenue ranged from a high of $123.3 million in Q3 2025 to a low of $36.7 million in Q1 2022.
- Historically, Revenue has averaged $81.1 million across 5 years, with a median of $81.4 million in 2024.
- The sharpest annual moves came in 2022 and 2026: Revenue surged 145.47% in 2022, then plunged 47.97% in 2026.
- A 5-year view of Revenue shows it stood at $64.8 million in 2022, then jumped by 61.39% to $104.6 million in 2023, then gained by 8.43% to $113.4 million in 2024, then retreated by 14.98% to $96.4 million in 2025, then plunged by 37.12% to $60.6 million in 2026.
- The last three Revenue figures came in at $60.6 million (Q1 2026), $96.4 million (Q4 2025), and $123.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 75.10 Bn | 74.85 Bn | 2.35 Bn | 4.56 Bn |
| 2 | Autozone | 51.89 Bn | 51.61 Bn | 2.24 Bn | 4.27 Bn |
| 3 | Borgwarner | 15.04 Bn | 15.20 Bn | 677.00 Mn | 3.53 Bn |
| 4 | Modine Manufacturing | 14.67 Bn | 14.58 Bn | 186.10 Mn | 805.00 Mn |
| 5 | Aptiv | 14.58 Bn | 11.51 Bn | 920.00 Mn | 5.09 Bn |
| 6 | Genuine Parts | 13.66 Bn | 13.18 Bn | 2.34 Bn | 6.26 Bn |
| 7 | Aurora Innovation | 11.95 Bn | 10.73 Bn | -5.00 Mn | 1.00 Mn |
| 8 | Magna International | 10.79 Bn | 9.60 Bn | 1.42 Bn | 10.38 Bn |
| 9 | Allison Transmission Holdings | 9.76 Bn | 9.45 Bn | 406.00 Mn | 1.41 Bn |
| 10 | Microvast Holdings | - | - | 19.16 Mn | 60.61 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 60.61 Mn |
| Dec 31, 2025 | 96.40 Mn |
| Sep 30, 2025 | 123.29 Mn |
| Jun 30, 2025 | 91.34 Mn |
| Mar 31, 2025 | 116.49 Mn |
| Dec 31, 2024 | 113.39 Mn |
| Sep 30, 2024 | 101.39 Mn |
| Jun 30, 2024 | 83.68 Mn |
| Mar 31, 2024 | 81.35 Mn |
| Dec 31, 2023 | 104.58 Mn |
| Sep 30, 2023 | 80.12 Mn |
| Jun 30, 2023 | 74.95 Mn |
| Mar 31, 2023 | 46.97 Mn |
| Dec 31, 2022 | 64.80 Mn |
| Sep 30, 2022 | 38.62 Mn |
| Jun 30, 2022 | 64.41 Mn |
| Mar 31, 2022 | 36.67 Mn |
| Dec 31, 2021 | 66.77 Mn |
| Sep 30, 2021 | 36.89 Mn |
| Jun 30, 2021 | 33.37 Mn |