Microvast (MVST) Income Statement (2019 - 2026)
Income Statement report data from Mar 31, 2019 to Mar 31, 2026 for Microvast (MVST).
All data is split-adjusted. You can find the most accurate data from the reports on the SEC official website. We recommend verify information using official company filings before making investment decisions.
Reported currency: USD
| Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue and COGS | ||||||||||||||||||||||||||
Total Revenue | 61M (-37.13%) | 96M (-21.81%) | 123M (+34.98%) | 91M (-21.59%) | 116M (+14.89%) | 101M (+21.16%) | 84M (+2.86%) | 81M (+1.54%) | 80M (+6.90%) | 75M (+59.57%) | 47M (-27.52%) | 65M (+67.79%) | 39M (-40.04%) | 64M (+75.65%) | 37M (-45.08%) | 67M (+81.00%) | 37M (+10.55%) | 33M (+123.36%) | 15M (-80.54%) | 77M (+149.66%) | 31M | - | - | - | - | - |
Cost Of Revenue | 41M | -209.97M | 77M (+28.95%) | 60M (-18.85%) | 73M (+8.39%) | 68M (+20.01%) | 56M (-11.93%) | 64M (+3.05%) | 62M (-1.98%) | 63M (+50.74%) | 42M (-32.68%) | 63M (+70.86%) | 37M (-38.53%) | 60M (+62.49%) | 37M (-44.13%) | 66M (-9.84%) | 73M (+81.27%) | 40M (+148.15%) | 16M (-74.44%) | 63M (+133.75%) | 27M | - | - | - | - | - |
Costof Goods And Services Sold | 41M | -209.97M | 77M (+28.95%) | 60M (-18.85%) | 73M (+8.39%) | 68M (+20.01%) | 56M (-11.93%) | 64M (+3.05%) | 62M (-1.98%) | 63M (+50.74%) | 42M (-32.68%) | 63M (+70.86%) | 37M (-38.53%) | 60M (+62.49%) | 37M (-44.13%) | 66M (-9.84%) | 73M (+81.27%) | 40M (+148.15%) | 16M (-74.44%) | 63M (+133.75%) | 27M | - | - | - | - | - |
Gross Profit | 19M (+1895.83%) | 960K (-97.93%) | 46M (+46.31%) | 32M (-26.27%) | 43M (+28.00%) | 34M (+23.57%) | 27M (+57.86%) | 17M (-3.64%) | 18M (+56.02%) | 11M (+135.80%) | 4.86M (+117.94%) | 2.23M (+12.06%) | 1.99M (-58.88%) | 4.84M (+48300.00%) | 10K (-99.13%) | 1.15M | -35.88M (+429.99%) | -6.77M (+445.97%) | -1.24M | 13M (+265.76%) | 3.68M | - | - | - | - | - |
Operating Expenses | ||||||||||||||||||||||||||
Research And Development | 8.81M (-15.21%) | 10M (+33.89%) | 7.76M (+0.52%) | 7.72M (-6.42%) | 8.25M (-22.83%) | 11M (+5.74%) | 10M (-12.01%) | 11M (-13.22%) | 13M (+39.22%) | 9.51M (-12.43%) | 11M (+3.43%) | 11M (-8.38%) | 11M (+11.91%) | 10M (-9.46%) | 11M (+1.07%) | 11M (-17.23%) | 14M (+129.15%) | 5.90M (+55.67%) | 3.79M (-68.63%) | 12M (+164.91%) | 4.56M | - | - | - | - | - |
Selling General And Administrative | 13M (-35.43%) | 20M (+1.93%) | 20M (+391.50%) | 4.00M (-71.67%) | 14M (+19.26%) | 12M (-49.64%) | 24M (-1.18%) | 24M (-6.34%) | 25M (+7.81%) | 24M (+15.55%) | 20M (+3.24%) | 20M (-12.57%) | 23M (-34.22%) | 34M (+31.57%) | 26M (-22.83%) | 34M (-40.73%) | 57M (+823.30%) | 6.18M (+35.23%) | 4.57M (-67.66%) | 14M (+199.36%) | 4.72M | - | - | - | - | - |
Operating Expenses | 27M (-30.79%) | 39M (+16.98%) | 33M (+102.79%) | 17M (-43.44%) | 29M (+6.03%) | 28M (-78.28%) | 127M (+209.86%) | 41M (-8.48%) | 45M (+14.66%) | 39M (+7.54%) | 36M (-2.84%) | 37M (-5.83%) | 40M (-21.41%) | 50M (+16.08%) | 43M (-16.84%) | 52M (-33.04%) | 78M (+394.04%) | 16M (+36.98%) | 12M (-68.23%) | 36M (+184.62%) | 13M (+4996.00%) | 250K | - | 260K (+30.00%) | 200K | - |
Depreciation And Amortization | - | - | - | - | - | - | - | - | - | - | - | -5.31M | - | - | 5.31M | -4.69M | - | - | 4.69M | - | - | - | - | - | - | - |
Operating Income | ||||||||||||||||||||||||||
Operating Income | -7.93M (-78.85%) | -37.49M | 13M (-19.86%) | 16M (+6.16%) | 15M (+112.38%) | 7.19M | -98.74M (+327.08%) | -23.12M (-12.26%) | -26.35M (-1.94%) | -26.87M (-14.15%) | -31.30M (-9.62%) | -34.63M (-6.63%) | -37.09M (-17.52%) | -44.97M (+3.95%) | -43.26M (-9.10%) | -47.59M (-58.00%) | -113.30M (+407.16%) | -22.34M (+106.28%) | -10.83M (-44.55%) | -19.53M (+114.62%) | -9.10M (+3540.00%) | -250.00K (+8.70%) | -230.00K (-11.54%) | -260.00K (+30.00%) | -200.00K (+185.71%) | -70.00K |
Ebit | -7.93M (-78.85%) | -37.49M | 13M (-19.86%) | 16M (+6.16%) | 15M (+112.38%) | 7.19M | -98.74M (+327.08%) | -23.12M (-12.26%) | -26.35M (-1.94%) | -26.87M (-14.15%) | -31.30M (-9.62%) | -34.63M (-6.63%) | -37.09M (-17.52%) | -44.97M (+3.95%) | -43.26M (-9.10%) | -47.59M (-58.00%) | -113.30M (+407.16%) | -22.34M (+106.28%) | -10.83M (-44.55%) | -19.53M (+114.62%) | -9.10M (+3540.00%) | -250.00K (+8.70%) | -230.00K (-11.54%) | -260.00K (+30.00%) | -200.00K (+185.71%) | -70.00K |
EBITDA | 49M (+356.29%) | 11M | -390.00K (-99.63%) | -105.37M | 62M (+354.20%) | 14M | -101.29M (+338.67%) | -23.09M (-9.95%) | -25.64M (+0.16%) | -25.60M (-12.09%) | -29.12M (-23.04%) | -37.84M (+5.79%) | -35.77M (-17.37%) | -43.29M (+14.07%) | -37.95M (-52.20%) | -79.40M (-31.03%) | -115.12M (+28680.00%) | -400.00K (-93.50%) | -6.15M | 4.06M (+294.17%) | 1.03M | -340.00K | 2.37M (+58.00%) | 1.50M (-6.83%) | 1.61M (+347.22%) | 360K |
Other Income / Expenses | ||||||||||||||||||||||||||
Interest Expense | 430K (+7.50%) | 400K (+11.11%) | 360K (-23.40%) | 470K (+20.51%) | 390K (-11.36%) | 440K (+62.96%) | 270K (-84.39%) | 1.73M (+253.06%) | 490K (0.00%) | 490K (+6.52%) | 460K (-46.51%) | 860K (+11.69%) | 770K (-14.44%) | 900K (+12.50%) | 800K (+2.56%) | 780K (-37.60%) | 1.25M (-18.83%) | 1.54M (-16.76%) | 1.85M (-57.37%) | 4.34M (+210.00%) | 1.40M | - | - | - | - | - |
Net Interest Income | - | - | - | - | - | - | - | -1.73M (+253.06%) | -490.00K (0.00%) | -490.00K (+6.52%) | -460.00K (-46.51%) | -860.00K (+11.69%) | -770.00K (-13.48%) | -890.00K (+11.25%) | -800.00K (+2.56%) | -780.00K (-37.60%) | -1.25M (-18.83%) | -1.54M (-16.76%) | -1.85M (-57.37%) | -4.34M (+210.00%) | -1.40M | - | - | - | - | - |
Other Non Operating Income | 50K (-79.17%) | 240K | -80.00K | 120K (-83.10%) | 710K | -310.00K | 150K | -140.00K | 130K | -240.00K | 790K (-15.96%) | 940K (+168.57%) | 350K (+3400.00%) | 10K (-97.50%) | 400K | -60.00K (+200.00%) | -20.00K (-98.66%) | -1.49M | 820K (-69.17%) | 2.66M (+5220.00%) | 50K | -90.00K | 2.60M (+87.05%) | 1.39M (-22.78%) | 1.80M (+318.60%) | 430K |
Net Income | ||||||||||||||||||||||||||
Income Before Tax | - | 10M | -750.00K (-99.29%) | -105.84M | 62M (+366.34%) | 13M | -101.56M (+309.19%) | -24.82M (-5.16%) | -26.17M (+0.35%) | -26.08M (-11.80%) | -29.57M (-12.15%) | -33.66M (-7.88%) | -36.54M (-17.29%) | -44.18M (+0.91%) | -43.78M (-6.77%) | -46.96M (-59.65%) | -116.37M (+331.64%) | -26.96M (+66.52%) | -16.19M (-29.36%) | -22.92M (+121.24%) | -10.36M (+2947.06%) | -340.00K | - | - | - | - |
Income Tax Expense | - | -6.28M | 740K (+236.36%) | 220K | - | - | - | - | - | - | - | 30K | - | - | - | -320.00K | 110K (0.00%) | 110K (0.00%) | 110K | -160.00K (-40.74%) | -270.00K (+575.00%) | -40.00K | 470K (+104.35%) | 230K (-32.35%) | 340K (+325.00%) | 80K |
Net Income From Continuing Operations | 48M (+191.48%) | 17M | -1.49M (-98.60%) | -106.06M | 62M (+366.34%) | 13M | -101.56M (+309.19%) | -24.82M (-5.01%) | -26.13M (+0.15%) | -26.09M (-11.80%) | -29.58M (-12.23%) | -33.70M (-7.77%) | -36.54M (-17.29%) | -44.18M (+0.91%) | -43.78M (-50.20%) | -87.91M (-24.53%) | -116.48M (+5581.95%) | -2.05M (+4000.00%) | -50.00K (-61.54%) | -130.00K (+30.00%) | -100.00K (-66.67%) | -300.00K | 1.90M (+50.79%) | 1.26M (0.00%) | 1.26M (+350.00%) | 280K |
Net Income | 48M (+191.48%) | 17M | -1.49M (-98.60%) | -106.06M | 62M (+366.34%) | 13M | -101.56M (+309.19%) | -24.82M (-5.01%) | -26.13M (+0.15%) | -26.09M (-11.80%) | -29.58M (-12.23%) | -33.70M (-7.77%) | -36.54M (-17.29%) | -44.18M (+0.91%) | -43.78M (-50.20%) | -87.91M (-24.53%) | -116.48M (+5581.95%) | -2.05M (+4000.00%) | -50.00K (-61.54%) | -130.00K (+30.00%) | -100.00K (-66.67%) | -300.00K | 1.90M (+50.79%) | 1.26M (0.00%) | 1.26M (+350.00%) | 280K |
Comprehensive Income Net Of Tax | 55M | -8.20M | 1.23M | -98.95M | 66M (+165.53%) | 25M | -104.05M (+247.53%) | -29.94M (+5.76%) | -28.31M (-35.62%) | -43.97M (+60.71%) | -27.36M (-85.05%) | -182.98M (+217.95%) | -57.55M (-6.85%) | -61.78M (+44.38%) | -42.79M (-79.34%) | -207.14M (+73.18%) | -119.61M (+411.15%) | -23.40M (+21.81%) | -19.21M (-42.86%) | -33.62M | 780K | - | - | - | - | - |