Microvast Inc. (MVST)
NASDAQ: MVST
· Real-Time Price · USD
2.75
-0.09 (-3.17%)
At close: Aug 15, 2025, 3:59 PM
2.76
0.55%
After-hours: Aug 15, 2025, 05:38 PM EDT
Microvast Income Statement
Financials in USD. Fiscal
year is
January - December.
| Fiscal Year | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
| Period Ending | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 |
Revenue | 422.61M | 414.94M | 379.8M | 370.99M | 349.72M | 341M | 306.62M | 266.84M | 225.34M | 214.8M | 204.5M | 206.47M | 204.75M | 173.71M | 151.98M | 133.32M | 127.18M | 115.51M |
Cost of Revenue | 272.73M | 269.6M | 260.25M | 269.93M | 264.39M | 271.4M | 249.39M | 230.41M | 204.8M | 200.88M | 195.42M | 198.47M | 234.63M | 215.2M | 194.72M | 168.53M | 122.82M | 82.93M |
Gross Profit | 149.87M | 145.34M | 119.55M | 101.06M | 85.33M | 69.59M | 57.23M | 36.43M | 20.54M | 13.92M | 9.07M | 8M | -29.88M | -41.49M | -42.74M | -35.21M | 4.36M | 32.58M |
Operating Income | 18.33M | -73.51M | -116.09M | -115.11M | -148.64M | -99.88M | -107.53M | -119.58M | -130.32M | -148.43M | -160.38M | -172.91M | -249.12M | -226.7M | -196.19M | -154.51M | -50.27M | -27.97M |
Interest Income | 752K | 800K | 742K | 679K | 1.07M | 2.35M | 3.61M | 5.06M | 5.34M | 4.25M | 3.18M | 1.75M | 973K | 664K | 446K | 373K | 342K | 1.21M |
Pretax Income | -136.24M | -108.84M | -195.46M | -114.6M | -154.02M | -101.66M | -106.4M | -115.49M | -125.86M | -143.96M | -158.17M | -171.47M | -251.29M | -234.07M | -206.48M | -164.07M | -58.06M | -31.45M |
Net Income | -136.46M | -131.96M | -218.57M | -137.67M | -177.05M | -101.58M | -106.34M | -115.5M | -125.91M | -144M | -158.2M | -171.14M | -252.59M | -239.51M | -216.01M | -169.49M | -65.59M | -34.65M |
Selling & General & Admin | 63.97M | 91.93M | 104.06M | 109.37M | 124M | 124.92M | 120.91M | 113.06M | 109.77M | 120.46M | 127.18M | 141.4M | 177.69M | 147.43M | 123.06M | 92.53M | 36.27M | 32.83M |
Research & Development | 35.43M | 37.82M | 41.06M | 43.69M | 46.23M | 45.63M | 45M | 44.11M | 42.32M | 43.06M | 43.51M | 44.2M | 46.26M | 41.91M | 34.38M | 27.32M | 18.36M | 16.7M |
Other Expenses | -37.04M | -37.04M | -23.89M | -10.37M | -967K | -1.21M | -847K | -1.29M | -1.28M | -1.61M | -1.67M | -4.68M | -4.71M | -4.35M | -6.13M | -4.87M | -4.29M | -4.08M |
Operating Expenses | 62.35M | 92.71M | 121.24M | 142.69M | 169.26M | 168.95M | 164.67M | 155.48M | 149.97M | 161.46M | 168.57M | 179.19M | 217.97M | 183.72M | 150.05M | 114.39M | 49.75M | 34.43M |
Interest Expense | 5.82M | 9.17M | 9.71M | 9.31M | 5.51M | 3.9M | 2.63M | 2.29M | 2.58M | 2.99M | 3.32M | 3.25M | 3.72M | 4.36M | 5.41M | 6.13M | 6.28M | 4.75M |
Selling & Marketing Expenses | 15.33M | 23.78M | 22.58M | 22.28M | 23.35M | 24.22M | 23.61M | 22.16M | 21.69M | 21.6M | 22.61M | 24.56M | 26.38M | 24.27M | 21.43M | 18.54M | 14.62M | 13.6M |
Cost & Expenses | 372.13M | 399.35M | 405.38M | 422.99M | 434.18M | 440.87M | 414.14M | 385.98M | 355.22M | 362.79M | 364.44M | 378.11M | 452.6M | 402.12M | 351.57M | 289.71M | 179.37M | 148.65M |
Income Tax Expense | -220K | n/a | n/a | 10K | -32K | 223K | 223K | 246K | 288K | 33K | 33K | -324K | -218K | -109K | n/a | 320K | -56K | -208.38K |
Shares Outstanding (Basic) | 323.64M | 323.43M | 322.33M | 320.55M | 315.51M | 315.37M | 314.97M | 313.11M | 307.74M | 307.71M | 307.63M | 305.98M | 300.57M | 291.84M | 298.84M | 243.86M | 300.52M | 300.52M |
Shares Outstanding (Diluted) | 323.64M | 374.43M | 322.33M | 367.03M | 315.51M | 315.37M | 314.97M | 313.11M | 307.74M | 307.71M | 307.63M | 305.98M | 300.57M | 298.84M | 298.84M | 243.86M | 300.52M | 300.52M |
EPS (Basic) | -0.43 | -0.42 | -0.69 | -0.44 | -0.56 | -0.32 | -0.34 | -0.37 | -0.41 | -0.48 | -0.53 | -0.58 | -0.95 | -0.89 | -0.83 | -1.69 | -1.28 | -1.19 |
EPS (Diluted) | -0.45 | -0.44 | -0.69 | -0.44 | -0.56 | -0.32 | -0.34 | -0.37 | -0.41 | -0.48 | -0.53 | -0.58 | -0.95 | -0.89 | -0.83 | -1.69 | -1.28 | -1.19 |
EBITDA | 16.6M | -91.44M | -178.03M | -97.69M | -143.59M | -72.26M | -80.85M | -92.62M | -102.28M | -119.31M | -132.26M | -145.16M | -224.94M | -207.86M | -180.36M | -138.16M | -28.26M | -6.99M |
EBIT | -23.33M | -99.67M | -185.75M | -105.29M | -148.51M | -97.75M | -103.77M | -113.19M | -123.28M | -140.98M | -154.84M | -168.22M | -247.57M | -229.71M | -201.07M | -157.94M | -51.78M | -26.61M |
Depreciation & Amortization | 23.71M | 31.34M | 30.83M | 30.71M | 28.03M | 25.5M | 22.93M | 20.57M | 21M | 21.67M | 22.58M | 23.06M | 22.63M | 21.85M | 20.71M | 19.78M | 19.08M | 17.74M |