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Microvast Holdings, Inc. revenue

Microvast Holdings, Inc.'s revenue was $428m in fiscal 2025, up 12.6% on the year before. Since fiscal 2019 ($76.4m) it has grown at a compound 33.2% a year. Over the last twelve months it was $368m.

Revenue history

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Revenue76108152204307380428368
Growth on the year before—+40.7%+41.3%+34.6%+49.9%+23.9%+12.6%—
Gross profit−017−4395712012292
Gross margin−0.3%15.9%−28.1%4.4%18.7%31.5%28.6%25.1%

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Where the revenue comes from

Fiscal year to December 31, 2025
Geography
Region Revenue YoY
Europe $212M ▲ 12.9%
Asia Pacific $176M ▼ 0.8%
China $139M ▲ 9.3%
IT $92.9M ▼ 38.4%
France $78.2M ▲ 512.6%
Other European Countries $40.8M ▲ 69.0%
United States $39.3M ▲ 173.2%
India $34.6M ▼ 29.1%
Other Asia and Pacific Countries $2.8M ▲ 53.8%

These categories overlap or exclude eliminations, so shares aren't shown.

From Microvast Holdings, Inc.'s 10-K filed March 16, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Revenue against peers

Electrical Components & Equipment: the closest covered companies by revenue. Last twelve months.

CompanyRevenueGrowth3-year growth a year
Microvast Holdings, Inc. $368m -13.0% 17.7%
American Superconductor Corp $321m 25.9% 41.4%
Chargepoint Holdings, Inc. $433m 8.8% -8.2%
Asia Pacific Wire & Cable Corp LTD $490m 3.6% —
Vicor Corp $561m 27.0% 10.3%
Allient Inc $575m 10.6% 1.0%

Compare with peers

Head to head: AMSC vs MVSTCHPT vs MVSTAPWC vs MVST

More: Electrical Components & Equipment stocks compared, Industrials sector, rankings of US companies

Figures from Microvast Holdings, Inc.'s SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Microvast Holdings, Inc.