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
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