Microvast Holdings (MVSTW) Revenue (2020 - 2026)
Microvast Holdings (MVSTW) posted quarterly Revenue of $60.6 million for Q1 2026, down 47.97% year-over-year from $116.5 million in Q1 2025, and down 37.12% on a QoQ basis from $96.4 million in Q4 2025.
Microvast Holdings (MVSTW) Revenue (2020 - 2026) Analysis & Trends
Microvast Holdings (MVSTW) has reported Revenue for 7 consecutive years, with $60.6 million the latest figure, recorded in 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 came in at $60.6 million for Q1 2026 at Microvast Holdings, down from $96.4 million in the prior quarter.
- The five-year high for Revenue was $123.3 million in Q3 2025, with the low at $36.7 million in Q1 2022.
- Average Revenue over 5 years is $81.1 million, with a median of $81.4 million recorded in 2024.
- Across the five-year window, Revenue surged 145.47% in 2022 and sank 47.97% in 2026, its largest moves.
- Year by year, Revenue stood at $64.8 million in 2022, then jumped by 61.39% to $104.6 million in 2023, then grew by 8.43% to $113.4 million in 2024, then dropped by 14.98% to $96.4 million in 2025, then sank by 37.12% to $60.6 million in 2026.
- According to Business Quant data, Revenue over the past three periods registered $60.6 million, $96.4 million, and $123.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Advance Auto Parts | 65.13 Bn | 62.01 Bn | 869.00 Mn | 1.97 Bn |
| 2 | Autozone | 53.07 Bn | 52.82 Bn | 2.52 Bn | 4.84 Bn |
| 3 | Magna International | 17.54 Bn | 16.29 Bn | 1.42 Bn | 10.38 Bn |
| 4 | Genuine Parts | 16.15 Bn | 15.67 Bn | 2.34 Bn | 6.26 Bn |
| 5 | Aurora Innovation | 13.77 Bn | 12.55 Bn | -5.00 Mn | 1.00 Mn |
| 6 | Borgwarner | 13.21 Bn | 13.37 Bn | 677.00 Mn | 3.53 Bn |
| 7 | Aptiv | 12.84 Bn | 9.76 Bn | 920.00 Mn | 5.09 Bn |
| 8 | Autoliv | 8.73 Bn | 8.37 Bn | 526.00 Mn | 2.75 Bn |
| 9 | Modine Manufacturing | 8.68 Bn | 8.59 Bn | 186.10 Mn | 805.00 Mn |
| 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 |