FY2025 · ended Dec 31, 2025 · Revenue $427.52M, +12.6% YoY · Filed Mar 16, 2026
Microvast Holdings, Inc. (MVST) files with the SEC under industry code 3690, Miscellaneous Electrical Machinery, Equipment & Supplies. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $427.5 million and a net loss of $29.2 million. Free cash flow was $56.1 million. As of Jun 30, 2026 it held $127.8 million in cash and investments and $240.3 million in total debt.
Revenue (TTM)
$367.56M
-13.0% vs year-ago TTM
Net income (TTM)
$51.27M
+145.2% vs year-ago TTM
Operating cash flow (TTM)
$-1.72M
-103.8% vs year-ago TTM
Free cash flow (TTM)
$-30.52M
-220.9% vs year-ago TTM
EPS (TTM)
$0.14
+141.2% vs year-ago TTM
Dividend per share
None
Shares outstanding
332.03M
+2.1% vs prior year
Net cash
$-112.47M
as of Jun 30, 2026
Operating margin
-7.3%
FY 2026
Company profile
- Industry
- Miscellaneous Electrical Machinery, Equipment & Supplies (SIC 3690)
- Listed as
- MVST (Nasdaq)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- Stafford, TX
- SEC filer status
- Accelerated filer
- SEC CIK
- 1760689
- Former names
- Tuscan Holdings Corp. (until Jul 21, 2021)
Other Miscellaneous Electrical Machinery, Equipment & Supplies companies
- Cae Inc CAE
- EnerSys ENS
- Novanta Inc NOVT
- QuantumScape Corp QS
- Spectrum Brands Holdings, Inc. SPB
- Energizer Holdings, Inc. ENR
- InoBat B.V. INBT
- Amprius Technologies, Inc. AMPX
All 55 Miscellaneous Electrical Machinery, Equipment & Supplies companies
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $427.5M | $379.8M | $306.6M | $204.5M | $152.0M |
| Operating income | $7.0M | -$116.1M | -$106.7M | -$159.9M | -$194.1M |
| Net income | -$29.2M | -$195.5M | -$106.3M | — | — |
| Diluted EPS | -$0.09 | -$0.61 | -$0.34 | -$0.52 | — |
| Operating cash flow | $75.9M | $2.8M | -$75.3M | -$53.9M | -$45.0M |
| Free cash flow | $56.1M | -$24.9M | -$262.1M | -$204.8M | -$132.9M |
| Total assets | $1.0B | $951.9M | $1.1B | $985.0M | $995.3M |
| Total liabilities | $594.9M | $564.0M | $532.5M | $372.0M | $308.6M |
| Stockholders' equity | $410.5M | — | — | — | — |
| Cash and investments | $105.0M | $73.0M | $50.2M | $256.5M | $480.9M |
| Total debt | $216.6M | $200.0M | $134.0M | $80.1M | $13.3M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Listing notice
|
Aug 31, 2026 | Aug 26, 2026 |
| 8-K |
Current report
Results of operations
|
Aug 11, 2026 | Aug 10, 2026 |
| 10-Q | Quarterly report | Aug 10, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Officer or director change
|
Aug 7, 2026 | Aug 7, 2026 |
| 8-K |
Current report
Officer or director change, Other events
|
May 28, 2026 | May 27, 2026 |
| 8-K |
Current report
Results of operations
|
May 11, 2026 | May 11, 2026 |
All 393 Microvast Holdings, Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.