Microvast Holdings annual gross profit
2019
2020
2021
2022
2023
2024
2025
Microvast Holdings Gross Profit Growth & History (MVST)
Microvast Holdings's gross profit was $122.1M for fiscal 2025.
View full Microvast Holdings company overviewMicrovast Holdings annual gross profit history
| Fiscal year | Period ended | Gross profit | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $122.1M | $2.6M | +2.14% |
| 2024 | 2024-12-31 | $119.6M | $62.3M | +108.91% |
| 2023 | 2023-12-31 | $57.2M | $48.2M | +530.74% |
| 2022 | 2022-12-31 | $9.1M | $51.8M | — |
| 2021 | 2021-12-31 | −$42.7M | −$59.9M | — |
| 2020 | 2020-12-31 | $17.1M | $17.4M | — |
| 2019 | 2019-12-31 | −$231,000 | — | — |
Microvast Holdings quarterly gross profit
Q3.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Gross profit | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $25.8M | −$5.9M | −18.74% |
| Q1 2026 | 2026-03-31 | $19.2M | −$23.9M | −55.47% |
| Q4 2025 | 2025-12-31 | $959,000 | −$40.6M | −97.69% |
| Q3 2025 | 2025-09-30 | $46.4M | $12.8M | +38.08% |
| Q2 2025 | 2025-06-30 | $31.7M | $4.5M | +16.65% |
| Q1 2025 | 2025-03-31 | $43.0M | $25.8M | +149.73% |
| Q4 2024 | 2024-12-31 | $41.5M | $18.5M | +80.33% |
| Q3 2024 | 2024-09-30 | $33.6M | $15.7M | +87.94% |
| Q2 2024 | 2024-06-30 | $27.2M | $15.7M | +137.28% |
| Q1 2024 | 2024-03-31 | $17.2M | $12.4M | +254.57% |
| Q4 2023 | 2023-12-31 | $23.0M | $20.8M | +934.32% |
| Q3 2023 | 2023-09-30 | $17.9M | $15.9M | +797.34% |
| Q2 2023 | 2023-06-30 | $11.5M | $6.6M | +136.75% |
| Q1 2023 | 2023-03-31 | $4.9M | $4.8M | +37269.23% |
| Q4 2022 | 2022-12-31 | $2.2M | $1.1M | +93.06% |
| Q3 2022 | 2022-09-30 | $2.0M | $37.9M | — |
| Q2 2022 | 2022-06-30 | $4.8M | $11.6M | — |
| Q1 2022 | 2022-03-31 | $13,000 | $1.3M | — |
| Q4 2021 | 2021-12-31 | $1.2M | — | — |
| Q3 2021 | 2021-09-30 | −$35.9M | −$39.6M | — |
| Q2 2021 | 2021-06-30 | −$6.8M | — | — |
| Q1 2021 | 2021-03-31 | −$1.2M | — | — |
| Q3 2020 | 2020-09-30 | $3.7M | — | — |
Microvast Holdings gross profit trends
Over the last five fiscal years, Microvast Holdings's gross profit increased from $17.1M to $122.1M, a change of $105.0M. The latest reported quarter, Q2 2026, shows $25.8M.
About the metric
What gross profit means
Gross profit is the amount of revenue remaining after the direct costs of producing and delivering a company’s goods or services. It helps show the dollars available to cover operating expenses before operating income, interest, and taxes.
Calculation and source
SEC-reported and calculated gross profit
TickerStat uses gross profit reported in company SEC filings when available. Otherwise, it calculates gross profit as SEC-reported revenue minus aligned cost of revenue for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Microvast Holdings source filings ↗