Quick Answer
Microvast Holdings, Inc. reported Total Revenue of $427.52 million for fiscal year 2025.
Microvast Holdings, Inc. — Key Financials by Year
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Total Revenue | $427.52M +12.6% |
$379.80M +23.9% |
$306.62M +49.9% |
$204.50M +34.6% |
$151.98M +41.3% |
$107.52M +40.7% |
| Net Income | -$29.22M +85.1% |
-$195.46M -83.8% |
-$106.34M +32.8% |
-$158.20M +23.4% |
-$206.48M -15111.9% |
$1.38M -59.2% |
| Diluted EPS | -$0.09 +85.2% |
-$0.61 -79.4% |
-$0.34 +34.6% |
-$0.52 +58.7% |
-$1.26 -53.7% |
-$0.82 |
| Total Assets | $1.01B +5.6% |
$951.87M -13.2% |
$1.10B +11.3% |
$984.96M -1.0% |
$995.29M +146.0% |
$404.51M +44.2% |
| Cash and Equivalents | $104.96M +43.8% |
$73.01M +63.9% |
$44.54M -80.8% |
$231.42M -51.9% |
$480.93M +2137.3% |
$21.50M +15221.1% |
| Long-Term Debt | — | — | $43.76M +50.9% |
$29.00M | $0.00 | — |
| Stockholders Equity | $410.51M +5.8% |
$387.89M -31.2% |
$564.19M -8.0% |
$612.98M -10.7% |
$686.70M +13634.0% |
$5.00M +101.6% |
| R&D Expense | $34.11M -16.9% |
$41.06M -8.8% |
$45.00M +3.4% |
$43.51M +26.5% |
$34.38M +106.7% |
$16.64M -36.0% |
| Operating Income | $6.98M +106.0% |
-$116.09M -8.8% |
-$106.73M +33.3% |
-$159.95M +17.6% |
-$194.06M -566.7% |
-$29.11M +46.0% |
| Gross Profit | $122.11M +2.1% |
$119.55M +108.9% |
$57.23M +530.7% |
$9.07M +121.2% |
-$42.74M -349.4% |
$17.14M +7519.9% |
| Shares Outstanding | 331.79M +2.7% |
323.14M +2.6% |
315.01M +2.4% |
307.63M +2.9% |
298.84M +201.8% |
99.03M +1084.5% |
Most Recent Quarter
| Metric | Quarter Ending | Value | YoY | QoQ |
|---|---|---|---|---|
| Total Revenue | September 30, 2025 | $123.29M | +21.6% | +35.0% |
| Revenue (ASC 606) | September 30, 2022 | $38.62M | +4.7% | -40.1% |
| Net Income | September 30, 2025 | -$1.49M | -111.2% | +98.6% |
| Diluted EPS | September 30, 2025 | $0.00 | -100.0% | +100.0% |
| Total Assets | September 30, 2025 | $1.01B | -0.7% | +0.9% |
| Cash and Equivalents | September 30, 2025 | $90.75M | +42.7% | -9.0% |
| Long-Term Debt | March 31, 2024 | $43.03M | +47.8% | -1.7% |
| Stockholders Equity | September 30, 2025 | $358.11M | -26.3% | +0.6% |
| R&D Expense | September 30, 2025 | $7.76M | -27.5% | +0.5% |
| Operating Income | September 30, 2025 | $12.99M | +80.8% | -19.9% |
| Gross Profit | September 30, 2025 | $46.41M | +38.1% | +46.3% |
| Shares Outstanding | September 30, 2025 | 323.77M | +0.5% | +0.0% |
- Microvast Holdings, Inc. reported Total Revenue of $427.52 million for fiscal year 2025.
- Microvast Holdings, Inc. showed an increase of +12.6% in Total Revenue compared to the prior fiscal year.
- Microvast Holdings, Inc. reported Net Income of -$29.22 million for fiscal year 2025.
- Microvast Holdings, Inc. showed an increase of +85.1% in Net Income compared to the prior fiscal year.
- Microvast Holdings, Inc. reported Diluted EPS of $0.09 per share (loss) for fiscal year 2025.
- Microvast Holdings, Inc. showed an increase of +85.2% in Diluted EPS compared to the prior fiscal year.
- Microvast Holdings, Inc. reported Total Assets of $1.01 billion for fiscal year 2025.
- Microvast Holdings, Inc. showed an increase of +5.6% in Total Assets compared to the prior fiscal year.
- Microvast Holdings, Inc. reported Cash and Equivalents of $104.96 million for fiscal year 2025.
- Microvast Holdings, Inc. showed an increase of +43.8% in Cash and Equivalents compared to the prior fiscal year.
- Microvast Holdings, Inc. reported Long-Term Debt of $43.76 million for fiscal year 2023.
- Microvast Holdings, Inc. showed an increase of +50.9% in Long-Term Debt compared to the prior fiscal year.
- Microvast Holdings, Inc. reported Stockholders Equity of $410.51 million for fiscal year 2025.
- Microvast Holdings, Inc. showed an increase of +5.8% in Stockholders Equity compared to the prior fiscal year.
- Microvast Holdings, Inc. reported R&D Expense of $34.11 million for fiscal year 2025.
- Microvast Holdings, Inc. showed a decrease of -16.9% in R&D Expense compared to the prior fiscal year.
- Microvast Holdings, Inc. reported Operating Income of $6.98 million for fiscal year 2025.
- Microvast Holdings, Inc. showed an increase of +106.0% in Operating Income compared to the prior fiscal year.
- Microvast Holdings, Inc. reported Gross Profit of $122.11 million for fiscal year 2025.
- Microvast Holdings, Inc. showed an increase of +2.1% in Gross Profit compared to the prior fiscal year.
- Microvast Holdings, Inc. reported Shares Outstanding of 331.79 million shares for fiscal year 2025.
- Microvast Holdings, Inc. showed an increase of +2.7% in Shares Outstanding compared to the prior fiscal year.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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