Microvast Holdings, Inc. financial data

Symbol
MVST, MVSTW on Nasdaq
Location
Stafford, TX
Fiscal year end
31 December
Latest financial report
10-Q - Q3 2025 - 10 Nov 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 102% % -9.3%
Quick Ratio 31% % -22%
Debt-to-equity 154% % 54%
Return On Equity -42% % -127%
Return On Assets -13% % 3.6%
Operating Margin 11% %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 328,182,834 shares 1.3%
Common Stock, Shares, Outstanding 323,766,229 shares 0.51%
Entity Public Float $104,100,000 USD -71%
Common Stock, Value, Issued $33,000 USD 0%
Weighted Average Number of Shares Outstanding, Basic 323,755,691 shares 1%
Weighted Average Number of Shares Outstanding, Diluted 323,755,691 shares -12%

Income Statement

Label TTM Value / Value Unit Change %
Revenues $444,504,000 USD 20%
Revenue from Contract with Customer, Excluding Assessed Tax $123,287,000 USD 22%
Cost of Revenue $281,833,000 USD 4.4%
Research and Development Expense $32,498,000 USD -26%
Selling and Marketing Expense $23,225,000 USD 4.3%
General and Administrative Expense $56,453,000 USD -35%
Operating Income (Loss) $46,723,000 USD 81%
Nonoperating Income (Expense) $805,000 USD 73%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $127,121,000 USD 7.7%
Income Tax Expense (Benefit) $959,000 USD 9490%
Net Income (Loss) Attributable to Parent $128,080,000 USD 7%
Earnings Per Share, Basic 0 USD/shares 11%
Earnings Per Share, Diluted 0 USD/shares -16%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value $90,748,000 USD 43%
Accounts Receivable, after Allowance for Credit Loss, Current $149,274,000 USD 23%
Inventory, Net $126,942,000 USD -20%
Other Assets, Current $302,638,000 USD
Assets, Current $445,265,000 USD 1.8%
Property, Plant and Equipment, Net $524,016,000 USD 4%
Operating Lease, Right-of-Use Asset $18,116,000 USD -6.9%
Intangible Assets, Net (Excluding Goodwill) $2,281,000 USD -18%
Other Assets, Noncurrent $12,490,000 USD 13%
Assets $1,013,607,000 USD 1.6%
Accounts Payable, Current $59,797,000 USD -8.8%
Contract with Customer, Liability, Current $5,678,000 USD -87%
Liabilities, Current $529,961,000 USD 58%
Operating Lease, Liability, Noncurrent $15,076,000 USD -7.7%
Other Liabilities, Noncurrent $33,984,000 USD -12%
Liabilities $655,495,000 USD 28%
Accumulated Other Comprehensive Income (Loss), Net of Tax $24,523,000 USD -13%
Retained Earnings (Accumulated Deficit) $1,138,715,000 USD -13%
Stockholders' Equity Attributable to Parent $358,112,000 USD -26%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest $387,895,000 USD -31%
Liabilities and Equity $1,013,607,000 USD 1.6%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities $7,169,000 USD 253%
Net Cash Provided by (Used in) Financing Activities $9,463,000 USD 51%
Net Cash Provided by (Used in) Investing Activities $2,332,000 USD 48%
Common Stock, Shares Authorized 750,000,000 shares 0%
Common Stock, Shares, Issued 325,453,729 shares 0.51%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $13,393,000 USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $142,627,000 USD 24%
Deferred Tax Assets, Valuation Allowance $106,651,000 USD 40%
Operating Lease, Liability $17,925,000 USD -8.3%
Payments to Acquire Property, Plant, and Equipment $2,346,000 USD -77%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent $130,851,000 USD -6%
Lessee, Operating Lease, Liability, to be Paid $22,032,000 USD -9.3%
Property, Plant and Equipment, Gross $415,809,000 USD 2.1%
Operating Lease, Liability, Current $2,849,000 USD -11%
Lessee, Operating Lease, Liability, to be Paid, Year Two $2,929,000 USD 0.41%
Lessee, Operating Lease, Liability, to be Paid, Year One $3,397,000 USD -10%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount $4,107,000 USD -13%
Lessee, Operating Lease, Liability, to be Paid, Year Three $2,008,000 USD -18%
Deferred Tax Assets, Operating Loss Carryforwards $64,949,000 USD -3.9%
Lessee, Operating Lease, Liability, to be Paid, Year Four $1,782,000 USD -4.9%
Operating Lease, Payments $859,000 USD -1.2%
Additional Paid in Capital $1,515,285,000 USD 0.19%
Amortization of Intangible Assets $121,000 USD -6.2%
Deferred Tax Assets, Net of Valuation Allowance $0 USD
Interest Expense $3,901,000 USD 31%