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Microvast Holdings, Inc. (MVST) — benchmarks from SEC filings

Latest fiscal year 2025 · computed deterministically from XBRL 10-K data · coverage 100%

$428MRevenue FY2025
12.6%Revenue growth
1.6%Operating margin
-6.8%Net margin
13.1%FCF margin

In fiscal 2025, Microvast Holdings, Inc. reported revenue of $428M, up 12.6% year over year. Operating margin was 1.6% and net margin -6.8%, on a free-cash-flow margin of 13.1% with capital expenditure at 4.6% of revenue. Every figure is computed directly from MVST's SEC XBRL 10-K filing — deterministic, with no estimates.

Fiscal yearRevenueOp marginNet margin
FY2025$428M1.6%-6.8%
FY2024$380M-30.6%-51.5%
FY2023$307M-34.8%-34.7%
FY2022$204M-78.2%-77.4%
FY2021$152M-127.7%-135.9%

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Source: SEC EDGAR XBRL (10-K filings), latest filed values. "n/a" = not disclosed under mapped tags — never estimated. Informational benchmarking, not investment advice. © CompsDesk / Sam Arora.