What is Microvast Holdings, Inc. Warrants's earnings per share (EPS)?

Microvast Holdings, Inc. Warrants (MVSTW) reported diluted earnings per share of -$0.09 for fiscal year 2025. This represents a 85.2% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Microvast Holdings, Inc. Warrants (MVSTW) Financials

MVSTW

Trailing 12 months to March 31, 2026

Revenue $371.6M -10.4% YoY

Net Income -$42.8M +60.7% YoY

EPS (Diluted) -$0.09 FY2025 annual

Free Cash Flow $25.6M +315.6% YoY

Source SEC Filings (10-K/10-Q) Latest period Q1 FY2026, ended Mar 31, 2026 Reported May 11, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q1 FY2026, filed May 11, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the MVSTW SEC filings page.

Microvast Holdings, Inc. Warrants (MVSTW) reported $371.6M in revenue over the twelve months to Mar 31, 2026, down 10.4% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 7 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI MVSTW FY2025 2026-08-30

Margin recovery reached operating breakeven, while positive cash flow coexists with a tighter short-term balance-sheet position.

In FY2025, operating profit turned positive at $7.0M even as net income remained negative at -$29.2M; the gap indicates that below-operating-line items still mattered, although the supplied figures do not identify them. At the same time, operating cash flow reached $75.9M and free cash flow $56.1M, so reported accounting losses did not prevent cash generation.

The business appears to have crossed an important operating threshold: gross margin remained elevated at 28.6% in FY2025 after reaching 31.5% in FY2024, while selling, general, and administrative expense fell to $57.8M from $81.5M. That combination points to cost absorption and operating improvement, not merely top-line expansion.

Cash generation was helped by lower reinvestment: capital expenditures declined to $19.8M from $27.7M, supporting positive free cash flow. However, liquidity tightened as current liabilities exceeded current assets, producing a 0.9x current ratio; long-term debt was only $13.2M, so the pressure is concentrated in near-term obligations rather than conventional long-term borrowing.

Financial Health Signals

Financial health score not available

Microvast Holdings, Inc. Warrants does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.

Piotroski F-Score Neutral

5/9

Microvast Holdings, Inc. Warrants passes 5 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Mixed

N/A

Microvast Holdings, Inc. Warrants reported a net loss of $29.2M while generating $75.9M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.

Interest Coverage Adequate

4.29x

Microvast Holdings, Inc. Warrants earns $4.29 in operating income for every $1 of interest expense ($7.0M vs $1.6M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.

Key Financial Metrics

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Earnings & Revenue

Revenue

$60.6M

YoY-48.0%

QoQ-37.1%

5Y CAGR+32.3%

Microvast Holdings, Inc. Warrants generated $60.6M in revenue in Q1 2026. This represents a decrease of 48.0% from the same quarter a year earlier. Against the prior quarter it is down 37.1%.

Net Income

$48.2M

YoY-22.0%

QoQ+191.5%

Microvast Holdings, Inc. Warrants reported $48.2M in net income in Q1 2026. This represents a decrease of 22.0% from the same quarter a year earlier. Against the prior quarter it is up 191.5%.

EPS (Diluted)

-$0.04

YoY-180.0%

Microvast Holdings, Inc. Warrants earned -$0.04 per diluted share (EPS) in Q1 2026. This represents a decrease of 180.0% from the same quarter a year earlier.

EBITDA

Not reported for Q1 2026.

Cash & Balance Sheet

Free Cash Flow

-$25.7M

YoY-631.8%

QoQ-262.6%

Microvast Holdings, Inc. Warrants recorded an outflow of $25.7M in free cash flow in Q1 2026, representing a cash shortfall after capex. This represents a decrease of 631.8% from the same quarter a year earlier. Against the prior quarter it is down 262.6%.

Cash & Debt

$126.1M

YoY+38.8%

QoQ+20.2%

5Y CAGR+67.3%

Microvast Holdings, Inc. Warrants held $126.1M in cash as of Q1 2026; long-term debt is not reported for that period.

Shares Outstanding

332M

YoY+2.1%

QoQ+0.1%

5Y CAGR+56.4%

Microvast Holdings, Inc. Warrants had 332M shares outstanding in Q1 2026. This represents an increase of 2.1% from the same quarter a year earlier. Against the prior quarter it is up 0.1%.

Dividends Per Share

Not reported for Q1 2026.

Margins & Returns

Gross Margin

31.6%

YoY-5.3pp

QoQ+30.6pp

5Y change+39.9pp

Microvast Holdings, Inc. Warrants's gross margin was 31.6% in Q1 2026, indicating the percentage of revenue retained after direct costs. This is down 5.3 percentage points from the same quarter a year earlier. Against the prior quarter it is up 30.6 percentage points.

Operating Margin

-13.1%

YoY-26.2pp

QoQ+25.8pp

5Y change+59.4pp

Microvast Holdings, Inc. Warrants's operating margin was -13.1% in Q1 2026, reflecting core business profitability. This is down 26.2 percentage points from the same quarter a year earlier. Against the prior quarter it is up 25.8 percentage points.

Net Margin

79.5%

YoY+26.5pp

QoQ+62.4pp

5Y change+79.9pp

Microvast Holdings, Inc. Warrants's net profit margin was 79.5% in Q1 2026, showing the share of revenue converted to profit. This is up 26.5 percentage points from the same quarter a year earlier. Against the prior quarter it is up 62.4 percentage points.

Return on Equity

10.3%

YoY-3.3pp

QoQ+6.3pp

Microvast Holdings, Inc. Warrants's ROE was 10.3% in Q1 2026, measuring profit generated per dollar of shareholder equity. This is down 3.3 percentage points from the same quarter a year earlier. Against the prior quarter it is up 6.3 percentage points.

Capital Allocation

R&D Spending

$8.8M

YoY+6.8%

QoQ-15.2%

5Y CAGR+18.4%

Microvast Holdings, Inc. Warrants invested $8.8M in research and development in Q1 2026. This represents an increase of 6.8% from the same quarter a year earlier. Against the prior quarter it is down 15.2%.

Capital Expenditures

$2.9M

YoY+21.7%

QoQ+344.0%

5Y CAGR-35.4%

Microvast Holdings, Inc. Warrants invested $2.9M in capex in Q1 2026, funding long-term assets and infrastructure. This represents an increase of 21.7% from the same quarter a year earlier. Against the prior quarter it is up 344.0%.

Share Buybacks

Not reported for Q1 2026.

MVSTW Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

MVSTW quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY22	FY21	FY20	FY19
Revenue	$371.6M	$427.5M+12.6%	$379.8M+23.9%	$306.6M+49.9%	$204.5M+34.6%	$152.0M+41.3%	$107.5M+40.7%	$76.4M
Cost of Revenue	N/A	N/A	$260.2M+4.4%	$249.4M+27.6%	$195.4M+0.4%	$194.7M+115.4%	$90.4M+17.9%	$76.7M
Gross Profit	$98.3M	$122.1M+2.1%	$119.6M+108.9%	$57.2M+530.7%	$9.1M+121.2%	-$42.7M-349.4%	$17.1M+7519.9%	-$231K
R&D Expenses	$34.7M	$34.1M-16.9%	$41.1M-8.8%	$45.0M+3.4%	$43.5M+26.5%	$34.4M+106.7%	$16.6M-36.0%	$26.0M
SG&A Expenses	$56.6M	$57.8M-29.0%	$81.5M-15.8%	$96.8M-5.8%	$102.8M+1.1%	$101.6M+439.2%	$18.8M+24.3%	$15.2M
Operating Income	-$16.2M	$7.0M+106.0%	-$116.1M-8.8%	-$106.7M+33.3%	-$159.9M+17.6%	-$194.1M-566.7%	-$29.1M+46.0%	-$53.9M
Interest Expense	$1.7M	$1.6M+15.9%	$1.4M-46.5%	$2.6M-20.9%	$3.3M-38.6%	$5.4M-5.7%	$5.7M-9.7%	$6.4M
Income Tax	N/A	-$5.3M	$0-100.0%	$10K-69.7%	$33K	$0-100.0%	$1K-99.5%	$189K
Net Income	-$42.8M	-$29.2M+85.1%	-$195.5M-83.8%	-$106.3M+32.8%	-$158.2M+23.4%	-$206.5M-8419.5%	-$2.4M-171.4%	$3.4M
EPS (Basic)	N/A	-$0.09+85.2%	-$0.61-79.4%	-$0.34+34.6%	-$0.52+58.7%	-$1.26-53.7%	-$0.82-1266.7%	-$0.06
EPS (Diluted)	—	-$0.09+85.2%	-$0.61-79.4%	-$0.34+34.6%	-$0.52	-$1.26	-$0.82	-$0.07
Diluted Shares (Avg)	N/A	325M+2.0%	318M+2.4%	311M+2.5%	303M	186M	99M	8M

Metric	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q	Q2'2410-Q
Revenue	$60.6M-48.0%	$96.4M-15.0%	$123.3M+21.6%	$91.3M+9.2%	$116.5M+43.2%	$113.4M+8.4%	$101.4M+26.6%	$83.7M+11.6%
Cost of Revenue	$41.5M-43.6%	N/A	$76.9M+13.4%	$59.6M+5.6%	$73.5M+14.6%	$71.9M-11.9%	$67.8M+8.9%	$56.5M-11.0%
Gross Profit	$19.2M-55.5%	$959K-97.7%	$46.4M+38.1%	$31.7M+16.7%	$43.0M+149.7%	$41.5M+80.3%	$33.6M+87.9%	$27.2M+137.3%
R&D Expenses	$8.8M+6.8%	$10.4M+18.4%	$7.8M-27.5%	$7.7M-23.6%	$8.2M-28.2%	$8.8M-23.0%	$10.7M-19.3%	$10.1M+6.3%
SG&A Expenses	$12.9M-8.3%	$20.0M-10.3%	$19.7M+66.1%	$4.0M-83.0%	$14.1M-40.7%	$22.3M-20.0%	$11.8M-52.6%	$23.5M0.0%
Operating Income	-$7.9M-152.0%	-$37.5M-2545.7%	$13.0M+80.8%	$16.2M+116.4%	$15.3M+166.0%	-$1.4M+93.6%	$7.2M+127.3%	-$98.7M-267.5%
Interest Expense	$428K+9.7%	$403K+138.9%	$364K-17.8%	$471K+77.1%	$390K-77.5%	-$1.0M-187.0%	$443K-9.8%	$266K-45.4%
Income Tax	N/A	-$6.3M	$739K	$220K	$0	$0-100.0%	$0	$0
Net Income	$48.2M-22.0%	$16.5M+120.1%	-$1.5M-111.2%	-$106.1M-4.4%	$61.8M+348.9%	-$82.3M-235.5%	$13.2M+150.7%	-$101.6M-289.3%
EPS (Basic)	$0.15-21.1%	N/A	$0.00-100.0%	-$0.33-3.1%	$0.19+337.5%	N/A	$0.04+150.0%	-$0.32-300.0%
EPS (Diluted)	-$0.04-180.0%	N/A	$0.00-100.0%	-$0.33-3.1%	$0.05	N/A	$0.03+137.5%	-$0.32-300.0%
Diluted Shares (Avg)	385M+2.9%	N/A	324M-11.8%	324M+2.6%	374M	N/A	367M+17.2%	316M+2.5%

Not reported in any period shown, so not listed: EBITDA.

MVSTW Balance Sheet

MVSTW quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY22	FY21	FY20	FY19
Total Assets	$1.0B+5.6%	$951.9M-13.2%	$1.1B+11.3%	$985.0M-1.0%	$995.3M+146.0%	$404.5M+44.2%	$280.5M
Current Assets	$448.7M+4.8%	$428.0M+0.6%	$425.6M-21.9%	$545.1M-22.9%	$706.6M+273.2%	$189.3M+47664.5%	$396K
Cash & Equivalents	$105.0M+43.8%	$73.0M+63.9%	$44.5M-80.8%	$231.4M-51.9%	$480.9M+2137.3%	$21.5M+15221.1%	$140K
Inventory	$89.4M-37.6%	$143.3M-4.3%	$149.7M+77.7%	$84.3M+57.7%	$53.4M+18.8%	$45.0M	N/A
Accounts Receivable	$155.8M+29.1%	$120.6M-13.0%	$138.7M+16.3%	$119.3M+34.5%	$88.7M+16.3%	$76.3M	N/A
Total Liabilities	$594.9M+5.5%	$564.0M+5.9%	$532.5M+43.2%	$372.0M+20.5%	$308.6M-20.7%	$389.2M-35.2%	$600.8M
Current Liabilities	$488.3M+47.9%	$330.2M-18.2%	$403.4M+59.8%	$252.4M+43.7%	$175.6M-4.4%	$183.6M+68148.5%	$269K
Non-Current Liabilities	$106.6M-54.4%	$233.8M+81.1%	$129.1M+8.0%	$119.6M-10.1%	$133.0M-35.3%	$205.5M-65.8%	$600.5M
Long-Term Debt	$13.2M-67.8%	$41.1M-6.2%	$43.8M+50.9%	$29.0M	$0	N/A	N/A
Total Equity	$410.5M+5.8%	$387.9M-31.2%	$564.2M-8.0%	$613.0M-10.7%	$686.7M+13633.9%	$5.0M+101.6%	-$320.3M
Retained Earnings	-$1.1B-2.7%	-$1.1B-21.8%	-$897.5M-13.4%	-$791.2M-25.2%	-$632.1M-58.8%	-$398.0M-11826.9%	$3.4M

Metric	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q	Q2'2410-Q
Total Assets	$987.5M+0.5%	$1.0B+5.6%	$1.0B+1.6%	$1.0B+4.5%	$982.9M-5.5%	$951.9M-13.2%	$997.9M-1.8%	$961.4M-3.6%
Current Assets	$425.8M-4.9%	$448.7M+4.8%	$445.3M+1.8%	$434.6M+4.0%	$448.0M+18.5%	$428.0M+0.6%	$437.6M+8.3%	$418.0M-2.1%
Cash & Equivalents	$126.1M+38.8%	$105.0M+43.8%	$90.7M+42.7%	$99.7M+46.3%	$90.9M+130.4%	$73.0M+63.9%	$63.6M-5.7%	$68.2M-52.2%
Inventory	$95.0M-26.4%	$89.4M-37.6%	$126.9M-19.5%	$141.7M-7.1%	$129.1M-6.0%	$143.3M-4.3%	$157.8M+24.3%	$152.5M+75.8%
Accounts Receivable	$123.6M-8.9%	$155.8M+29.1%	$149.3M+22.8%	$125.9M+20.0%	$135.7M+9.8%	$120.6M-13.0%	$121.5M+4.5%	$105.0M-1.1%
Total Liabilities	$521.4M-1.4%	$594.9M+5.5%	$655.5M+28.1%	$648.6M+28.1%	$528.7M+6.9%	$564.0M+5.9%	$511.8M+13.9%	$506.5M+21.2%
Current Liabilities	$444.1M+30.6%	$488.3M+47.9%	$530.0M+57.8%	$524.7M+40.8%	$339.9M-7.3%	$330.2M-18.2%	$335.9M-0.1%	$372.5M+27.3%
Non-Current Liabilities	$77.3M-59.1%	$106.6M-54.4%	$125.5M-28.6%	$123.9M-7.5%	$188.8M+47.6%	$233.8M+81.1%	$175.9M+55.9%	$133.9M+6.9%
Long-Term Debt	N/A	$13.2M-67.8%	$34.4M-35.6%	$34.2M-0.1%	$41.3M-4.0%	$41.1M-6.2%	$53.4M+73.1%	$34.2M+10.2%
Total Equity	$466.1M+2.6%	$410.5M+5.8%	$358.1M-26.3%	$356.1M-21.7%	$454.2M-16.8%	$387.9M-31.2%	$486.1M-14.0%	$455.0M-21.2%
Retained Earnings	-$1.1B-4.2%	-$1.1B-2.7%	-$1.1B-12.7%	-$1.1B-11.1%	-$1.0B-11.8%	-$1.1B-21.8%	-$1.0B-15.8%	-$1.0B-20.9%

Not reported in any period shown, so not listed: Short-Term Investments, Long-Term Investments, Goodwill.

MVSTW Cash Flow Statement

MVSTW quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY22	FY21	FY20	FY19
Operating Cash Flow	$45.9M	$75.9M+2597.5%	$2.8M+103.7%	-$75.3M-39.6%	-$53.9M-19.7%	-$45.0M-389.5%	$15.6M+16.3%	$13.4M
Stock-Based Compensation	N/A	$3.1M-90.0%	$30.8M-52.5%	$65.0M-28.5%	$90.8M+9.5%	$82.9M	$0	N/A
Capital Expenditures	$20.3M	$19.8M-28.5%	$27.7M-85.2%	$186.8M+23.8%	$150.9M+71.7%	$87.9M+371.2%	$18.6M-8.0%	$20.3M
Free Cash Flow	$25.6M	$56.1M+325.1%	-$24.9M+90.5%	-$262.1M-28.0%	-$204.8M-54.1%	-$132.9M-4202.4%	-$3.1M+55.2%	-$6.9M
Investing Cash Flow	-$16.5M	-$16.0M-32.0%	-$12.2M+92.7%	-$165.6M+5.9%	-$175.9M-100.3%	-$87.9M-397.1%	-$17.7M-347.0%	-$4.0M
Financing Cash Flow	$17.2M	-$2.7M-107.1%	$37.6M+13.8%	$33.0M+565.2%	$5.0M-99.2%	$624.9M+123364.1%	-$507K+99.0%	-$52.2M

Metric	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q	Q2'2410-Q
Operating Cash Flow	-$22.8M-418.0%	$16.4M+169.2%	$15.2M+379.3%	$37.2M+33372.1%	$7.2M+253.0%	$6.1M+223.2%	-$5.4M+81.5%	$111K+100.4%
Stock-Based Compensation	$1.0M+43.4%	N/A	N/A	N/A	$703K-94.1%	N/A	N/A	N/A
Capital Expenditures	$2.9M+21.7%	$643K+81.1%	$14.0M-1.4%	$2.9M-2.9%	$2.3M-77.1%	$355K-98.9%	$14.2M-76.3%	$2.9M-94.9%
Free Cash Flow	-$25.7M-631.8%	$15.8M+174.6%	$1.2M+106.0%	$34.3M+1310.1%	$4.8M+158.7%	$5.7M+115.1%	-$19.6M+78.0%	-$2.8M+96.8%
Investing Cash Flow	-$2.8M-20.2%	-$590K-227.8%	-$10.4M-129.1%	-$2.7M+5.9%	-$2.3M+48.5%	-$180K+98.6%	-$4.5M+92.4%	-$2.9M+94.9%
Financing Cash Flow	$29.3M+209.9%	$6.9M+175.8%	-$2.7M-115.1%	-$16.3M-173.2%	$9.5M+51.2%	-$9.0M-143.3%	$18.1M+164.5%	$22.2M+2345.3%

Not reported in any period shown, so not listed: Depreciation & Amortization, Dividends Paid, Share Buybacks.

MVSTW Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

MVSTW quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY22	FY21	FY20	FY19
Gross Margin	28.6%-2.9pp	31.5%+12.8pp	18.7%+14.2pp	4.4%+32.6pp	-28.1%-44.1pp	15.9%+16.2pp	-0.3%
Operating Margin	1.6%+32.2pp	-30.6%+4.2pp	-34.8%+43.4pp	-78.2%	-127.7%	-27.1%+43.4pp	-70.5%
Net Margin	-6.8%+44.6pp	-51.5%-16.8pp	-34.7%+42.7pp	-77.4%	-135.9%	-2.3%-6.7pp	4.4%
Return on Equity	-7.1%+43.3pp	-50.4%-31.5pp	-18.9%+7.0pp	-25.8%+4.3pp	-30.1%+18.4pp	-48.5%	N/A
Return on Assets	-2.9%+17.6pp	-20.5%-10.8pp	-9.7%+6.4pp	-16.1%+4.7pp	-20.8%-20.1pp	-0.6%-1.8pp	1.2%
Current Ratio	0.92-0.4x	1.30+0.2x	1.05-1.1x	2.16-1.9x	4.02+3.0x	1.03-0.4x	1.47
Debt-to-Equity	0.03-0.1x	0.110.0x	0.080.0x	0.050.0x	0.00-77.8x	77.83	N/A
Asset Turnover	0.430.0x	0.40+0.1x	0.28+0.1x	0.21+0.1x	0.15-0.1x	0.270.0x	0.27
FCF Margin	13.1%+19.7pp	-6.6%+78.9pp	-85.5%	-100.2%	-87.5%-84.6pp	-2.9%+6.1pp	-9.0%

Metric	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q	Q2'2410-Q
Gross Margin	31.6%-5.3pp	1.0%-35.6pp	37.6%+4.5pp	34.7%+2.2pp	36.9%+15.8pp	36.6%+14.6pp	33.1%+10.8pp	32.5%+17.2pp
Operating Margin	-13.1%-26.2pp	-38.9%-37.6pp	10.5%+3.4pp	17.8%	13.1%+41.5pp	-1.3%+20.0pp	7.1%+40.0pp	-118.0%
Net Margin	79.5%+26.5pp	17.2%+89.8pp	-1.2%-14.3pp	-116.1%	53.0%+83.6pp	-72.6%-49.1pp	13.1%+45.7pp	-121.4%
Return on Equity	10.3%-3.3pp	4.0%+25.3pp	-0.4%-3.1pp	-29.8%-7.5pp	13.6%+18.1pp	-21.2%-16.9pp	2.7%+7.3pp	-22.3%-17.8pp
Return on Assets	4.9%-1.4pp	1.6%+10.3pp	-0.1%-1.5pp	-10.6%0.0pp	6.3%+8.7pp	-8.6%-6.4pp	1.3%+3.9pp	-10.6%-8.0pp
Current Ratio	0.96-0.4x	0.92-0.4x	0.84-0.5x	0.83-0.3x	1.32+0.3x	1.30+0.2x	1.30+0.1x	1.12-0.3x
Debt-to-Equity	1.12+1.0x	0.03-0.1x	0.100.0x	0.100.0x	0.090.0x	0.110.0x	0.11+0.1x	0.080.0x
Asset Turnover	0.06-0.1x	0.100.0x	0.120.0x	0.090.0x	0.120.0x	0.120.0x	0.100.0x	0.090.0x
FCF Margin	-42.3%-46.5pp	16.4%+11.3pp	1.0%+20.3pp	37.5%+40.9pp	4.1%+14.2pp	5.1%+41.6pp	-19.3%	-3.4%

Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin.

Note: The current ratio is below 1.0 (0.92), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Where Microvast Holdings, Inc. Warrants Ranks

Frequently Asked Questions

What is Microvast Holdings, Inc. Warrants's annual revenue?

Microvast Holdings, Inc. Warrants (MVSTW) reported $427.5M in total revenue for fiscal year 2025. This represents a 12.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Microvast Holdings, Inc. Warrants's revenue growing?

Microvast Holdings, Inc. Warrants (MVSTW) revenue grew by 12.6% year-over-year, from $379.8M to $427.5M in fiscal year 2025.

Is Microvast Holdings, Inc. Warrants profitable?

No, Microvast Holdings, Inc. Warrants (MVSTW) reported a net income of -$29.2M in fiscal year 2025, with a net profit margin of -6.8%.

How much debt does Microvast Holdings, Inc. Warrants have?

As of fiscal year 2025, Microvast Holdings, Inc. Warrants (MVSTW) had $105.0M in cash and equivalents against $13.2M in long-term debt.

What is Microvast Holdings, Inc. Warrants's gross margin?

Microvast Holdings, Inc. Warrants (MVSTW) had a gross margin of 28.6% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Microvast Holdings, Inc. Warrants's operating margin?

Microvast Holdings, Inc. Warrants (MVSTW) had an operating margin of 1.6% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Microvast Holdings, Inc. Warrants's net profit margin?

Microvast Holdings, Inc. Warrants (MVSTW) had a net profit margin of -6.8% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Microvast Holdings, Inc. Warrants's return on equity (ROE)?

Microvast Holdings, Inc. Warrants (MVSTW) has a return on equity of -7.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Microvast Holdings, Inc. Warrants's free cash flow?

Microvast Holdings, Inc. Warrants (MVSTW) generated $56.1M in free cash flow during fiscal year 2025. This represents a 325.1% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Microvast Holdings, Inc. Warrants's operating cash flow?

Microvast Holdings, Inc. Warrants (MVSTW) generated $75.9M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Microvast Holdings, Inc. Warrants's total assets?

Microvast Holdings, Inc. Warrants (MVSTW) had $1.0B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Microvast Holdings, Inc. Warrants's capital expenditures?

Microvast Holdings, Inc. Warrants (MVSTW) invested $19.8M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How much does Microvast Holdings, Inc. Warrants spend on research and development?

Microvast Holdings, Inc. Warrants (MVSTW) invested $34.1M in research and development during fiscal year 2025.

How many shares does Microvast Holdings, Inc. Warrants have outstanding?

Microvast Holdings, Inc. Warrants (MVSTW) had 332M shares outstanding as of fiscal year 2025.

What is Microvast Holdings, Inc. Warrants's current ratio?

Microvast Holdings, Inc. Warrants (MVSTW) had a current ratio of 0.92 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

What is Microvast Holdings, Inc. Warrants's debt-to-equity ratio?

Microvast Holdings, Inc. Warrants (MVSTW) had a debt-to-equity ratio of 0.03 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Microvast Holdings, Inc. Warrants's return on assets (ROA)?

Microvast Holdings, Inc. Warrants (MVSTW) had a return on assets of -2.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Microvast Holdings, Inc. Warrants's Piotroski F-Score?

Microvast Holdings, Inc. Warrants (MVSTW) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Microvast Holdings, Inc. Warrants's earnings high quality?

Microvast Holdings, Inc. Warrants (MVSTW) reported a net loss of $29.2M while generating $75.9M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Microvast Holdings, Inc. Warrants cover its interest payments?

Microvast Holdings, Inc. Warrants (MVSTW) has an interest coverage ratio of 4.29x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.