Filing Flows › Microvast Holdings (MVST) › Q2 2026 › vs Q1 2026
Microvast Holdings (MVST) Q2 2026 vs Q1 2026 (quarter over quarter)
Microvast Holdings's revenue rose $26.6M (+44%) from $60.6M in Q1 2026 to $87.3M in Q2 2026.
Microvast Holdings, Q2 2026: revenue $87.3M (-4% year over year), operating margin -2.0%, net loss $12.0M, operating cash flow −$10.5M. The chart draws each line against Q1 2026, the increases inside each band.
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $87.3M | $60.6M | $26.6M | +44% |
| Net loss | $12.0M | −$48.2M | $60.2M | — |
| Costs & expenses | $99.2M | $117M | −$17.5M | -15% |
| Operating costs | $89.0M | $68.5M | $20.4M | +30% |
| Interest & other, net | $10.3M | −$56.1M | $66.4M | — |
| Cost of revenue | $61.5M | $41.5M | $20.0M | +48% |
| Research & development | $8.9M | $8.8M | $50K | +0.6% |
| Sales & marketing | $4.7M | $5.3M | −$599K | -11% |
| General & admin | $13.9M | $12.9M | $945K | +7% |
| Operating cash sources | $12.0M | −$48.2M | $60.2M | — |
| Share-based compensation | $842K | $1.0M | −$166K | -16% |
| Working capital & other | $633K | −$72.0M | $72.6M | — |
| Cash used in operations | $10.5M | $22.8M | −$12.3M | -54% |
| Net loss absorbed | $12.0M | −$48.2M | $60.2M | — |
Questions
How much did Microvast Holdings's revenue grow quarter over quarter in Q2 2026?
Microvast Holdings's revenue rose $26.6M (+44%) from $60.6M in Q1 2026 to $87.3M in Q2 2026.