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How Microvast Holdings (MVST) makes money

Microvast Holdings (MVST) made $87.3M of revenue in the second quarter 2026 (Q2 2026), -4% from a year earlier.

Drawing the Sankey…

Microvast Holdings revenue by quarterMicrovast Holdings revenue by quarter$113MQ4 2024$116MQ1 2025$91.3MQ2 2025$123MQ3 2025$96.4MQ4 2025$60.6MQ1 2026$87.3MQ2 2026

Where each dollar of revenue goes

LineQ2 2026% of revenue
Revenue$87.3M100.0%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q2 2026$87.3M-4%
Q1 2026$60.6M-48%
Q4 2025$96.4M-15%
Q3 2025$123M+22%
Q2 2025$91.3M+9%
Q1 2025$116M+43%
Q4 2024$113M+8%

From Microvast Holdings' 10-Q filed Aug 10, 2026 (on EDGAR).

Questions

How does Microvast Holdings make money?

Microvast Holdings (MVST) made $87.3M of revenue in the second quarter 2026 (Q2 2026), -4% from a year earlier.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.