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
DateValue
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