US Stock MarketDetailed Quotes

Microvast (MVST)

Watchlist

1.280
-0.140-9.86%

Trading May 18 11:16 ET

426.44MMarket Cap-7.11P/E (TTM)

Earnings

Revenue Breakdown

Financial Indicators

Income Statement

Balance Sheet

Cash Flow

Microvast (MVST) Balance Sheet

Quarterly+Annual

YOY

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(Q1)Mar 31, 2026

(FY)Dec 31, 2025

(Q4)Dec 31, 2025

(Q3)Sep 30, 2025

(Q2)Jun 30, 2025

(Q1)Mar 31, 2025

(FY)Dec 31, 2024

(Q4)Dec 31, 2024

(Q3)Sep 30, 2024

(Q2)Jun 30, 2024

Assets

Current assets

Cash, cash equivalents and short term investments

38.76%126.13M

43.77%104.96M

42.72%90.75M

46.25%99.72M

130.41%90.9M

45.50%73.01M

-31.55%63.59M

-59.48%68.18M

-Cash and cash equivalents

38.76%126.13M

43.77%104.96M

42.72%90.75M

46.25%99.72M

130.41%90.9M

63.91%73.01M

-5.66%63.59M

-52.24%68.18M

-Short-term investments

----

--0

Receivables

-11.58%129.1M

16.40%169.96M

13.81%150.77M

12.32%130.13M

7.60%146.02M

-17.73%146.01M

-2.92%132.48M

-6.44%115.85M

-Accounts receivable

-8.89%123.59M

29.13%155.76M

22.82%149.27M

19.95%125.92M

9.80%135.65M

-13.04%120.63M

4.50%121.54M

-1.05%104.98M

-Notes receivable

-46.82%5.51M

-26.24%5.59M

-86.31%1.5M

-61.31%4.21M

-14.80%10.36M

-68.07%7.58M

-45.75%10.94M

-38.66%10.87M

-Taxes receivable

----

-54.62%7.89M

----

21.68%17.37M

----

-Other receivables

----

67.67%721K

----

-42.74%430K

----

Inventory

-26.36%95.04M

-37.62%89.41M

-19.54%126.94M

-7.06%141.75M

-6.02%129.06M

-4.29%143.33M

24.31%157.77M

75.78%152.51M

Prepaid assets

----

-6.51%8.62M

----

-14.06%9.22M

----

Restricted cash

49.13%47.87M

75.75%64.28M

28.54%51.88M

12.56%39.1M

-28.19%32.1M

-2.41%36.57M

85.12%40.36M

26.12%34.74M

Other current assets

-46.09%16.19M

----

6.14%24.93M

19.32%19.9M

43.17%30.03M

----

-9.12%23.48M

-19.13%16.68M

Total current assets

-4.95%425.82M

4.84%448.72M

1.76%445.27M

3.96%434.59M

18.47%447.99M

0.57%428.03M

8.33%437.57M

-2.10%418.05M

Non current assets

Net PPE

4.66%526.82M

5.97%525.39M

-0.82%542.13M

0.35%540.92M

-20.77%503.36M

-22.55%495.82M

-3.96%546.63M

3.89%539.03M

-Gross PPE

4.66%526.82M

10.70%696.93M

-0.82%542.13M

0.35%540.92M

-20.77%503.36M

-15.89%629.55M

-3.96%546.63M

3.89%539.03M

-Accumulated depreciation

----

-28.27%-171.54M

----

-23.47%-133.73M

----

Goodwill and other intangible assets

-0.95%13.73M

-1.61%13.75M

-6.60%13.72M

-4.06%13.83M

-5.68%13.86M

-7.55%13.98M

-1.70%14.69M

-5.27%14.42M

-Other intangible assets

-0.95%13.73M

-1.61%13.75M

-6.60%13.72M

-4.06%13.83M

-5.68%13.86M

-7.55%13.98M

-1.70%14.69M

-5.27%14.42M

Non current deferred assets

--5.43M

----

--0

----

Other non current assets

-11.41%15.69M

-13.50%12.15M

-43.51%12.49M

17.54%15.35M

41.57%17.72M

-11.28%14.05M

-22.56%22.11M

-64.33%13.06M

Total non current assets

5.00%561.67M

6.28%556.73M

-2.59%568.34M

0.63%570.1M

-19.25%534.94M

-21.95%523.84M

-4.77%583.43M

-0.73%566.51M

Total assets

0.46%987.5M

5.63%1.01B

-0.72%1.01B

2.04%1B

-5.55%982.93M

-13.21%951.87M

0.44%1.02B

-1.31%984.56M

Liabilities

Current liabilities

Payables

-24.66%87.67M

-27.60%86.14M

-15.36%109.16M

-24.36%134.96M

-34.30%116.36M

-45.11%118.98M

-27.72%128.98M

24.39%178.43M

-accounts payable

-18.32%46.37M

-27.62%47M

-8.83%59.8M

-9.26%72.5M

-31.66%56.77M

-42.34%64.94M

-31.17%65.59M

47.08%79.89M

-Total tax payable

-25.02%5.72M

11.20%8.95M

-32.57%6.12M

139.21%4.22M

522.94%7.63M

3.59%8.05M

23.33%9.07M

-71.33%1.77M

-Due to related parties current

--17K

-60.00%2K

--0

--5K

----

-Other payable

-31.56%35.56M

-34.36%30.18M

-20.38%43.25M

-39.82%58.24M

-44.02%51.96M

-52.28%45.98M

-28.32%54.32M

16.64%96.77M

Current accrued expenses

50.01%23.35M

38.83%25.35M

55.99%18.71M

16.15%13.42M

38.36%15.56M

27.21%18.26M

53.61%11.99M

42.89%11.55M

Current provisions

3.13%10.6M

3.58%10.36M

26.87%10.34M

-24.49%10.27M

-23.33%10.28M

-27.22%10M

-46.29%8.15M

73.18%13.6M

Current debt and capital lease obligation

106.73%284.38M

151.15%315.09M

168.81%337.91M

179.18%311.75M

28.66%137.56M

24.00%125.46M

88.85%125.71M

56.88%111.67M

-Current debt

109.90%281.56M

155.10%312.3M

173.54%335.06M

184.51%308.47M

28.50%134.14M

23.95%122.42M

90.95%122.49M

58.90%108.42M

-Current capital lease obligation

-17.52%2.82M

-8.26%2.79M

-11.36%2.85M

1.08%3.28M

35.31%3.42M

25.94%3.04M

33.08%3.21M

10.08%3.24M

Current deferred liabilities

-37.73%27.53M

-5.06%41.47M

-86.78%5.68M

1.79%41.54M

7.09%44.2M

1.37%43.68M

-21.17%42.95M

-23.08%40.81M

Other current liabilities

-33.74%10.56M

-27.89%9.93M

165.92%48.16M

-22.84%12.72M

-4.35%15.94M

-3.75%13.78M

29.98%18.11M

81.39%16.49M

Current liabilities

30.65%444.09M

47.91%488.34M

57.78%529.96M

40.83%524.66M

-7.29%339.91M

-18.16%330.15M

-0.15%335.89M

27.28%372.55M

Non current liabilities

Long term provisions

21.47%29.62M

23.82%28.61M

4.12%28.43M

28.57%26.46M

10.61%24.39M

7.58%23.11M

50.25%27.3M

-29.64%20.58M

Long term debt and capital lease obligation

-73.80%41.6M

-65.89%69.4M

-33.60%91.17M

-14.49%91.53M

55.03%158.78M

95.59%203.43M

49.77%137.3M

15.19%107.04M

-Long term debt

-80.82%27.62M

-70.92%54.92M

-37.10%76.09M

-16.32%75.87M

67.07%143.99M

117.25%188.83M

61.89%120.98M

21.03%90.67M

-Long term capital lease obligation

-5.47%13.98M

-0.82%14.48M

-7.66%15.08M

-4.32%15.66M

-8.88%14.79M

-14.58%14.6M

-3.69%16.33M

-9.11%16.36M

Non current deferred liabilities

9.62%5.98M

10.34%6.19M

-8.83%5.56M

-11.84%5.38M

71.07%5.46M

65.88%5.61M

130.36%6.09M

118.30%6.1M

Employee benefits

----

0.00%98K

-17.65%98K

-48.42%98K

-50.25%98K

-50.75%98K

-36.36%119K

11.76%190K

Derivative product liabilities

----

--0

28,600.00%287K

14,366.67%434K

156.00%64K

332.84%290K

-99.34%1K

-97.25%3K

Total non current liabilities

-59.05%77.3M

-54.41%106.59M

-28.64%125.53M

-7.47%123.9M

47.63%188.79M

81.07%233.82M

55.90%175.91M

6.92%133.91M

Total liabilities

-1.38%521.39M

5.49%594.94M

28.08%655.5M

28.06%648.56M

6.92%528.7M

5.90%563.97M

13.93%511.8M

21.17%506.46M

Shareholders'equity

Share capital

3.03%34K

0.00%33K

3.13%33K

3.23%32K

-common stock

3.03%34K

0.00%33K

3.13%33K

3.23%32K

Retained earnings

-4.15%-1.07B

-2.67%-1.12B

-15.31%-1.14B

-13.64%-1.14B

-11.80%-1.03B

-21.78%-1.09B

-13.12%-987.52M

-18.18%-1B

Paid-in capital

2.06%1.54B

2.04%1.54B

0.19%1.52B

0.56%1.51B

1.38%1.51B

2.14%1.51B

3.01%1.51B

3.71%1.51B

Gains losses not affecting retained earnings

83.16%-4.77M

65.36%-11.14M

-17.63%-18.49M

22.01%-21.21M

-14.64%-28.32M

-64.24%-32.16M

47.41%-15.72M

1.88%-27.19M

Total stockholders'equity

2.61%466.11M

5.83%410.51M

-29.67%358.11M

-25.51%356.13M

-16.83%454.24M

-31.25%387.9M

-9.93%509.2M

-17.24%478.1M

Total equity

2.61%466.11M

5.83%410.51M

-29.67%358.11M

-25.51%356.13M

-16.83%454.24M

-31.25%387.9M

-10.25%509.2M

-17.53%478.1M

Currency Unit

USD

Accounting Standards

US-GAAP

Audit Opinions

Unqualified Opinion

	(Q1)Mar 31, 2026	(FY)Dec 31, 2025	(Q4)Dec 31, 2025	(Q3)Sep 30, 2025	(Q2)Jun 30, 2025	(Q1)Mar 31, 2025	(FY)Dec 31, 2024	(Q4)Dec 31, 2024	(Q3)Sep 30, 2024	(Q2)Jun 30, 2024
Assets
Current assets
Cash, cash equivalents and short term investments	38.76%126.13M	43.77%104.96M	43.77%104.96M	42.72%90.75M	46.25%99.72M	130.41%90.9M	45.50%73.01M	45.50%73.01M	-31.55%63.59M	-59.48%68.18M
-Cash and cash equivalents	38.76%126.13M	43.77%104.96M	43.77%104.96M	42.72%90.75M	46.25%99.72M	130.41%90.9M	63.91%73.01M	63.91%73.01M	-5.66%63.59M	-52.24%68.18M
-Short-term investments	----	----	----	----	----	----	--0	--0	--0	--0
Receivables	-11.58%129.1M	16.40%169.96M	16.40%169.96M	13.81%150.77M	12.32%130.13M	7.60%146.02M	-17.73%146.01M	-17.73%146.01M	-2.92%132.48M	-6.44%115.85M
-Accounts receivable	-8.89%123.59M	29.13%155.76M	29.13%155.76M	22.82%149.27M	19.95%125.92M	9.80%135.65M	-13.04%120.63M	-13.04%120.63M	4.50%121.54M	-1.05%104.98M
-Notes receivable	-46.82%5.51M	-26.24%5.59M	-26.24%5.59M	-86.31%1.5M	-61.31%4.21M	-14.80%10.36M	-68.07%7.58M	-68.07%7.58M	-45.75%10.94M	-38.66%10.87M
-Taxes receivable	----	-54.62%7.89M	-54.62%7.89M	----	----	----	21.68%17.37M	21.68%17.37M	----	----
-Other receivables	----	67.67%721K	67.67%721K	----	----	----	-42.74%430K	-42.74%430K	----	----
Inventory	-26.36%95.04M	-37.62%89.41M	-37.62%89.41M	-19.54%126.94M	-7.06%141.75M	-6.02%129.06M	-4.29%143.33M	-4.29%143.33M	24.31%157.77M	75.78%152.51M
Prepaid assets	----	-6.51%8.62M	-6.51%8.62M	----	----	----	-14.06%9.22M	-14.06%9.22M	----	----
Restricted cash	49.13%47.87M	75.75%64.28M	75.75%64.28M	28.54%51.88M	12.56%39.1M	-28.19%32.1M	-2.41%36.57M	-2.41%36.57M	85.12%40.36M	26.12%34.74M
Other current assets	-46.09%16.19M	----	----	6.14%24.93M	19.32%19.9M	43.17%30.03M	----	----	-9.12%23.48M	-19.13%16.68M
Total current assets	-4.95%425.82M	4.84%448.72M	4.84%448.72M	1.76%445.27M	3.96%434.59M	18.47%447.99M	0.57%428.03M	0.57%428.03M	8.33%437.57M	-2.10%418.05M
Non current assets
Net PPE	4.66%526.82M	5.97%525.39M	5.97%525.39M	-0.82%542.13M	0.35%540.92M	-20.77%503.36M	-22.55%495.82M	-22.55%495.82M	-3.96%546.63M	3.89%539.03M
-Gross PPE	4.66%526.82M	10.70%696.93M	10.70%696.93M	-0.82%542.13M	0.35%540.92M	-20.77%503.36M	-15.89%629.55M	-15.89%629.55M	-3.96%546.63M	3.89%539.03M
-Accumulated depreciation	----	-28.27%-171.54M	-28.27%-171.54M	----	----	----	-23.47%-133.73M	-23.47%-133.73M	----	----
Goodwill and other intangible assets	-0.95%13.73M	-1.61%13.75M	-1.61%13.75M	-6.60%13.72M	-4.06%13.83M	-5.68%13.86M	-7.55%13.98M	-7.55%13.98M	-1.70%14.69M	-5.27%14.42M
-Other intangible assets	-0.95%13.73M	-1.61%13.75M	-1.61%13.75M	-6.60%13.72M	-4.06%13.83M	-5.68%13.86M	-7.55%13.98M	-7.55%13.98M	-1.70%14.69M	-5.27%14.42M
Non current deferred assets	--5.43M	--5.43M	--5.43M	----	----	----	--0	--0	----	----
Other non current assets	-11.41%15.69M	-13.50%12.15M	-13.50%12.15M	-43.51%12.49M	17.54%15.35M	41.57%17.72M	-11.28%14.05M	-11.28%14.05M	-22.56%22.11M	-64.33%13.06M
Total non current assets	5.00%561.67M	6.28%556.73M	6.28%556.73M	-2.59%568.34M	0.63%570.1M	-19.25%534.94M	-21.95%523.84M	-21.95%523.84M	-4.77%583.43M	-0.73%566.51M
Total assets	0.46%987.5M	5.63%1.01B	5.63%1.01B	-0.72%1.01B	2.04%1B	-5.55%982.93M	-13.21%951.87M	-13.21%951.87M	0.44%1.02B	-1.31%984.56M
Liabilities
Current liabilities
Payables	-24.66%87.67M	-27.60%86.14M	-27.60%86.14M	-15.36%109.16M	-24.36%134.96M	-34.30%116.36M	-45.11%118.98M	-45.11%118.98M	-27.72%128.98M	24.39%178.43M
-accounts payable	-18.32%46.37M	-27.62%47M	-27.62%47M	-8.83%59.8M	-9.26%72.5M	-31.66%56.77M	-42.34%64.94M	-42.34%64.94M	-31.17%65.59M	47.08%79.89M
-Total tax payable	-25.02%5.72M	11.20%8.95M	11.20%8.95M	-32.57%6.12M	139.21%4.22M	522.94%7.63M	3.59%8.05M	3.59%8.05M	23.33%9.07M	-71.33%1.77M
-Due to related parties current	--17K	-60.00%2K	-60.00%2K	--0	--0	--0	--5K	--5K	----	----
-Other payable	-31.56%35.56M	-34.36%30.18M	-34.36%30.18M	-20.38%43.25M	-39.82%58.24M	-44.02%51.96M	-52.28%45.98M	-52.28%45.98M	-28.32%54.32M	16.64%96.77M
Current accrued expenses	50.01%23.35M	38.83%25.35M	38.83%25.35M	55.99%18.71M	16.15%13.42M	38.36%15.56M	27.21%18.26M	27.21%18.26M	53.61%11.99M	42.89%11.55M
Current provisions	3.13%10.6M	3.58%10.36M	3.58%10.36M	26.87%10.34M	-24.49%10.27M	-23.33%10.28M	-27.22%10M	-27.22%10M	-46.29%8.15M	73.18%13.6M
Current debt and capital lease obligation	106.73%284.38M	151.15%315.09M	151.15%315.09M	168.81%337.91M	179.18%311.75M	28.66%137.56M	24.00%125.46M	24.00%125.46M	88.85%125.71M	56.88%111.67M
-Current debt	109.90%281.56M	155.10%312.3M	155.10%312.3M	173.54%335.06M	184.51%308.47M	28.50%134.14M	23.95%122.42M	23.95%122.42M	90.95%122.49M	58.90%108.42M
-Current capital lease obligation	-17.52%2.82M	-8.26%2.79M	-8.26%2.79M	-11.36%2.85M	1.08%3.28M	35.31%3.42M	25.94%3.04M	25.94%3.04M	33.08%3.21M	10.08%3.24M
Current deferred liabilities	-37.73%27.53M	-5.06%41.47M	-5.06%41.47M	-86.78%5.68M	1.79%41.54M	7.09%44.2M	1.37%43.68M	1.37%43.68M	-21.17%42.95M	-23.08%40.81M
Other current liabilities	-33.74%10.56M	-27.89%9.93M	-27.89%9.93M	165.92%48.16M	-22.84%12.72M	-4.35%15.94M	-3.75%13.78M	-3.75%13.78M	29.98%18.11M	81.39%16.49M
Current liabilities	30.65%444.09M	47.91%488.34M	47.91%488.34M	57.78%529.96M	40.83%524.66M	-7.29%339.91M	-18.16%330.15M	-18.16%330.15M	-0.15%335.89M	27.28%372.55M
Non current liabilities
Long term provisions	21.47%29.62M	23.82%28.61M	23.82%28.61M	4.12%28.43M	28.57%26.46M	10.61%24.39M	7.58%23.11M	7.58%23.11M	50.25%27.3M	-29.64%20.58M
Long term debt and capital lease obligation	-73.80%41.6M	-65.89%69.4M	-65.89%69.4M	-33.60%91.17M	-14.49%91.53M	55.03%158.78M	95.59%203.43M	95.59%203.43M	49.77%137.3M	15.19%107.04M
-Long term debt	-80.82%27.62M	-70.92%54.92M	-70.92%54.92M	-37.10%76.09M	-16.32%75.87M	67.07%143.99M	117.25%188.83M	117.25%188.83M	61.89%120.98M	21.03%90.67M
-Long term capital lease obligation	-5.47%13.98M	-0.82%14.48M	-0.82%14.48M	-7.66%15.08M	-4.32%15.66M	-8.88%14.79M	-14.58%14.6M	-14.58%14.6M	-3.69%16.33M	-9.11%16.36M
Non current deferred liabilities	9.62%5.98M	10.34%6.19M	10.34%6.19M	-8.83%5.56M	-11.84%5.38M	71.07%5.46M	65.88%5.61M	65.88%5.61M	130.36%6.09M	118.30%6.1M
Employee benefits	----	0.00%98K	0.00%98K	-17.65%98K	-48.42%98K	-50.25%98K	-50.75%98K	-50.75%98K	-36.36%119K	11.76%190K
Derivative product liabilities	----	--0	--0	28,600.00%287K	14,366.67%434K	156.00%64K	332.84%290K	332.84%290K	-99.34%1K	-97.25%3K
Total non current liabilities	-59.05%77.3M	-54.41%106.59M	-54.41%106.59M	-28.64%125.53M	-7.47%123.9M	47.63%188.79M	81.07%233.82M	81.07%233.82M	55.90%175.91M	6.92%133.91M
Total liabilities	-1.38%521.39M	5.49%594.94M	5.49%594.94M	28.08%655.5M	28.06%648.56M	6.92%528.7M	5.90%563.97M	5.90%563.97M	13.93%511.8M	21.17%506.46M
Shareholders'equity
Share capital	3.03%34K	3.03%34K	3.03%34K	0.00%33K	3.13%33K	3.13%33K	3.13%33K	3.13%33K	3.13%33K	3.23%32K
-common stock	3.03%34K	3.03%34K	3.03%34K	0.00%33K	3.13%33K	3.13%33K	3.13%33K	3.13%33K	3.13%33K	3.23%32K
Retained earnings	-4.15%-1.07B	-2.67%-1.12B	-2.67%-1.12B	-15.31%-1.14B	-13.64%-1.14B	-11.80%-1.03B	-21.78%-1.09B	-21.78%-1.09B	-13.12%-987.52M	-18.18%-1B
Paid-in capital	2.06%1.54B	2.04%1.54B	2.04%1.54B	0.19%1.52B	0.56%1.51B	1.38%1.51B	2.14%1.51B	2.14%1.51B	3.01%1.51B	3.71%1.51B
Gains losses not affecting retained earnings	83.16%-4.77M	65.36%-11.14M	65.36%-11.14M	-17.63%-18.49M	22.01%-21.21M	-14.64%-28.32M	-64.24%-32.16M	-64.24%-32.16M	47.41%-15.72M	1.88%-27.19M
Total stockholders'equity	2.61%466.11M	5.83%410.51M	5.83%410.51M	-29.67%358.11M	-25.51%356.13M	-16.83%454.24M	-31.25%387.9M	-31.25%387.9M	-9.93%509.2M	-17.24%478.1M
Total equity	2.61%466.11M	5.83%410.51M	5.83%410.51M	-29.67%358.11M	-25.51%356.13M	-16.83%454.24M	-31.25%387.9M	-31.25%387.9M	-10.25%509.2M	-17.53%478.1M
Currency Unit	USD	USD	USD	USD	USD	USD	USD	USD	USD	USD
Accounting Standards	US-GAAP	US-GAAP	US-GAAP	US-GAAP	US-GAAP	US-GAAP	US-GAAP	US-GAAP	US-GAAP	US-GAAP
Audit Opinions	--	Unqualified Opinion	--	--	--	--	Unqualified Opinion	--	--	--

No. Symbol 5D % Chg

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