Income Statement
MICROVAST HOLDINGS, INC.
MVST
Performance Overview
Click any row in the table to add it to this chart
in millions USD
| Metric | Dec 31, 2025 2025 FY | Dec 31, 2024 2024 FY | Dec 31, 2023 2023 FY | Dec 31, 2022 2022 FY | Dec 31, 2021 2021 FY | Dec 31, 2020 2020 FY | Dec 31, 2019 2019 FY |
|---|---|---|---|---|---|---|---|
|
Revenue
|
427.52 | 379.80 | 306.62 | 204.50 | 151.98 | - | - |
|
Cost of Revenue
|
9.62 | 260.25 | 249.39 | 195.42 | 194.72 | - | - |
|
Gross Profit
|
122.11 | 119.55 | 57.23 | 9.07 | -42.74 | - | - |
|
Operating Expenses
|
118.27 | 238.30 | 165.91 | 170.69 | 157.45 | 0.92 | 0.00 |
|
Research & Development
|
34.11 | 41.07 | 45.00 | 43.51 | 34.39 | - | - |
|
Selling, General & Administrative
|
57.82 | 81.49 | 97.29 | 104.57 | 101.63 | - | - |
|
Other Operating Expenses
|
- | - | - | - | - | - | - |
|
Operating Income
|
3.84 | -118.75 | -108.68 | -161.62 | -200.19 | -0.92 | - |
|
Non-Operating Income
|
0.24 | 0.16 | 0.00 | 0.94 | 0.06 | -2.66 | - |
|
Interest Income
|
0.96 | 0.74 | 3.61 | 3.18 | 0.45 | 2.65 | 1.25 |
|
Interest Expense
|
1.63 | 1.41 | 2.63 | 3.32 | 5.41 | - | - |
|
Other Non-Op Income / Expense
|
- | - | - | - | - | 2.66 | 5.04 |
|
Income Before Tax
|
-2.55 | -1.00 | 2.07 | 0.72 | -9.75 | 1.74 | 4.26 |
|
Income Tax Expense
|
-5.33 | 0.00 | -0.07 | 0.03 | 0.00 | 0.37 | 0.90 |
|
Non-Controlling Interest
|
0.00 | 0.00 | -0.08 | - | - | - | - |
|
Net Income
|
-29.22 | -195.46 | -106.34 | -158.20 | -206.48 | 1.38 | 3.37 |
Supplemental
Per share data, derived & other items — not part of the income statement
in millions USD unless noted
| Metric | Dec 31, 2025 2025 FY | Dec 31, 2024 2024 FY | Dec 31, 2023 2023 FY | Dec 31, 2022 2022 FY | Dec 31, 2021 2021 FY | Dec 31, 2020 2020 FY | Dec 31, 2019 2019 FY |
|---|---|---|---|---|---|---|---|
|
Depreciation & Amortization
|
- | - | - | - | - | - | - |
|
EBITDA
|
3.84 | -118.75 | -108.68 | -161.62 | -200.19 | -0.92 | 0.00 |
|
Earnings Per Share (Basic)
|
-0.09 | -0.61 | -0.34 | -0.52 | - | - | - |
|
Diluted EPS
|
-0.09 | -0.61 | -0.34 | -0.52 | - | - | - |
|
Weighted Average Shares
|
324.69 | 318.46 | 310.91 | 303.28 | - | - | - |
|
Diluted Weighted Avg Shares
|
324.69 | 318.46 | 310.91 | 303.28 | - | - | - |
|
Comprehensive Income
|
-8.20 | -208.04 | -113.87 | -158.20 | -206.48 | - | - |