In Q1 FY2026 (ended March 31, 2026), Microvast reported revenue of $60.6 million, a 48.0% decline year-over-year. Operating loss widened to $7.9 million from a loss of $3.1 million in the prior year. Net income was -$1.5 million (for the period ended September 30, 2025), and diluted EPS was -$0.04. The company held $126.1 million in cash and $46.6 million in equity, with long-term debt of $13.2 million.
•Revenue fell 48.0% YoY to $60.6 million.
•Operating loss increased to $7.9 million from $3.1 million.
•Diluted EPS was -$0.04, down 180% YoY.
•Cash and equity stood at $126.1 million and $466.1 million, respectively.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Microvast provides the design, development, and manufacturing of battery components and systems primarily for electric commercial vehicles and energy storage systems. The company offers a range of cell chemistries, such as lithium titanate oxide, lithium iron phosphate, electrolyte formulation, full concentration gradient cathode, polyaramid separator, and nickel manganese cobalt.
It also designs, develops, and manufactures components of lithium-ion batteries, such as cathode, anode, electrolytes, and separator. The company's commercial vehicle markets cover buses, trains, mining trucks, marine and port vehicles, and automated guided and specialty vehicles
Light, medium, and heavy-duty trucks. It operates in China, India, rest of the Asia Pacific, Italy, France, rest of Europe, and the United States. Founded in 2006, Microvast is headquartered in Stafford, Texas.
Microvast Holdings, Inc. is a company that designs, develops, and manufactures battery components and systems, primarily for electric commercial vehicles and energy storage systems. Its product portfolio includes a range of cell chemistries such as lithium titanate oxide (LTO), lithium iron phosphate (LFP), nickel manganese cobalt (NMC), and proprietary technologies like full concentration gradient cathode, polyaramid separator, and electrolyte formulations. The company also produces key lithium-ion battery components including cathodes, anodes, electrolytes, and separators. Microvast serves markets such as buses, trains, mining trucks, marine and port vehicles, automated guided vehicles, specialty vehicles, and light, medium, and heavy-duty trucks.
Where is Microvast Holdings, Inc. (MVST) listed and what currency does it trade in?
Microvast Holdings, Inc. is listed on the Nasdaq Capital Market (NasdaqCM) under the ticker symbol MVST. The company's shares are traded in United States Dollars (USD). As a US-based company listed on a major US exchange, its stock is accessible to investors through standard brokerage accounts that offer Nasdaq trading.
What sector and industry does Microvast Holdings, Inc. (MVST) belong to?
Microvast Holdings, Inc. operates in the Consumer Cyclical sector, specifically within the Auto Parts industry. This classification reflects the company's focus on manufacturing components and systems for vehicles, particularly electric commercial vehicles. As an auto parts company, Microvast supplies critical battery technologies that are essential for the electrification of buses, trucks, and other commercial vehicles, positioning it within the broader automotive supply chain.
Where is Microvast Holdings, Inc. (MVST) headquartered and what markets does it serve?
Microvast Holdings, Inc. is headquartered in Stafford, Texas, United States. The company was founded in 2006 and operates globally, with a presence in China, India, the rest of Asia Pacific, Italy, France, the rest of Europe, and the United States. Its products are used in various commercial vehicle markets including buses, trains, mining trucks, marine and port vehicles, automated guided vehicles, specialty vehicles, and light, medium, and heavy-duty trucks. This broad geographic and market reach allows Microvast to serve customers across multiple regions and applications.
How does Microvast Holdings, Inc. (MVST) generate revenue?
Microvast Holdings, Inc. generates revenue through the design, development, and manufacturing of battery components and systems for electric commercial vehicles and energy storage systems. The company sells a range of lithium-ion battery cell chemistries, including LTO, LFP, NMC, and its proprietary technologies, as well as key components like cathodes, anodes, electrolytes, and separators. Its customers include manufacturers of buses, trains, mining trucks, marine and port vehicles, automated guided vehicles, specialty vehicles, and light, medium, and heavy-duty trucks. By providing both cells and components, Microvast captures value across the battery supply chain.