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Microvast Holdings, Inc.
Nasdaq: MVST · Miscellaneous Electrical Machinery, Equipment & Supplies · Stafford, TX
- Revenue
- $427.5M
- +12.6% vs. prior year
- Net income
- -$29.22M
- -6.8% net margin
- Total assets
- $1.01B
- Diluted EPS
- -$0.09
Company details
As reported to the SEC
- SEC CIK
- 1760689
- Stock
- Nasdaq: MVST
- Legal Entity Identifier (LEI)
- 549300U5HBQCQVHE1Y28
- Headquarters
- 12603 Southwest Freeway, Suite 210, Stafford, TX 77477
- Incorporated in
- Delaware
- Fiscal year end (SEC record)
- December 31
- Filer status
- Accelerated filer
- Phone
- (281) 491-9595
- Employer ID (EIN)
- 83-2530757
- Last annual report
- 03/16/2026
- Last quarterly report
- 08/10/2026
Formerly: Tuscan Holdings Corp. (until 07/21/2021)
Annual financials
U.S. dollars, as tagged in each annual report's XBRL data. Later restatements replace earlier numbers. Select a date to open the filing.
| Fiscal year ended | 12/31/2025 | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 |
|---|---|---|---|---|---|
| Revenue | $427.5M | $379.8M | $306.6M | $204.5M | $152M |
| Gross profit | $122.1M | $119.6M | $57.23M | $9.07M | -$42.74M |
| Operating income | $6.98M | -$116.1M | -$106.7M | -$159.9M | -$194.1M |
| Net income | -$29.22M | -$195.5M | -$106.3M | -$158.2M | -$206.5M |
| Diluted earnings per share | -$0.09 | -$0.61 | -$0.34 | -$0.52 | -$1.26 |
| Research and development | $34.11M | $41.06M | $45M | $43.51M | $34.38M |
| Total assets | $1.01B | $951.9M | $1.1B | $985M | $995.3M |
| Total liabilities | $594.9M | $564M | $532.5M | $372M | $308.6M |
| Shareholders' equity | $410.5M | $387.9M | $564.2M | $613M | $686.7M |
| Cash and cash equivalents | $105M | $73.01M | $44.54M | $231.4M | $480.9M |
| Long-term debt | $13.23M | $41.06M | $43.76M | $29M | $0 |
| Cash from operations | $75.91M | $2.81M | -$75.3M | -$53.93M | -$45.04M |
| Capital expenditures | $19.83M | $27.72M | $186.8M | $150.9M | $87.86M |
$107.5M
$152M
$204.5M
$306.6M
$379.8M
$427.5M
Subsidiaries
12 companies that Microvast Holdings, Inc. owns or controls, as listed in its SEC annual report (Exhibit 21), GLEIF ownership records or USAspending
| Subsidiary | Listed in |
|---|---|
| Huzhou Hongwei New Energy Automobile Co., Ltd. | SEC 10-K |
| Huzhou Microvast Electric Vehicle Sales Service, Ltd. | SEC 10-K |
| Microvast Advanced Materials, Inc. | SEC 10-K |
| Microvast Advanced Membrane, Inc. | SEC 10-K |
| Microvast Energy, Inc. | SEC 10-K |
| Microvast GmbH | SEC 10-K |
| Microvast Power Solutions, Inc. | SEC 10-K |
| Microvast Power Systems Co., Ltd. | SEC 10-K |
| Microvast Power Systems UK Limited | SEC 10-K |
| Microvast Precision Works Co., Ltd | SEC 10-K |
| Microvast Technology, LLC | SEC 10-K |
| Ontime (Zhejiang) Engineering Construction Co. Ltd. | SEC 10-K |
Recent filings
113 recent filings on record; insider ownership forms (3, 4, 5 and 144) are not listed here
Swipe the table sideways to see more columns.
| Form | Filed | Period |
|---|---|---|
| DEF 14AProxy statement | 10/09/2026 | None |
| DEFA14AAdditional proxy materials | 10/09/2026 | None |
| DEFR14ASEC filing | 10/09/2026 | None |
| 8-KDelisting or listing rule notice | 08/31/2026 | 08/26/2026 |
| 8-KResults of operations | 08/11/2026 | 08/10/2026 |
| 10-QQuarterly report | 08/10/2026 | 06/30/2026 |
| 8-KDirector or officer change | 08/07/2026 | 08/07/2026 |
| 25-NSEExchange notice of removal from listing (can be one bond or share class) | 07/22/2026 | None |
| 8-KDirector or officer change, Other events | 05/28/2026 | 05/27/2026 |
| 8-KResults of operations | 05/11/2026 | 05/11/2026 |
| 10-QQuarterly report | 05/11/2026 | 03/31/2026 |
| 10-KAnnual report | 03/16/2026 | 12/31/2025 |
| 8-KResults of operations | 03/16/2026 | 03/16/2026 |
| SCHEDULE 13G/AOwnership report (5% holder, passive, amended) | 02/13/2026 | None |
| 8-KDirector or officer change | 01/09/2026 | 01/05/2026 |
| 8-KResults of operations | 11/10/2025 | 11/10/2025 |
| 10-QQuarterly report | 11/10/2025 | 09/30/2025 |
| 8-KShareholder vote results | 10/28/2025 | 10/23/2025 |
| 424B5Prospectus supplement | 10/03/2025 | None |
| 8-KMaterial agreement | 10/03/2025 | 10/03/2025 |
22 insider ownership reports (Forms 3, 4, 5 and 144) were filed about Microvast Holdings, Inc. in the last 12 months. They list trades by officers, directors and large holders; see them on SEC EDGAR.
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Profile refreshed Oct 26, 2026; financials refreshed Oct 22, 2026.
Frequently asked questions
- What is Microvast Holdings, Inc.'s CIK number?
- Microvast Holdings, Inc.'s SEC Central Index Key (CIK) is 1760689.
- What is Microvast Holdings, Inc.'s stock ticker?
- Microvast Holdings, Inc. trades as Nasdaq: MVST.
- What was Microvast Holdings, Inc.'s revenue?
- Microvast Holdings, Inc. reported revenue of $427.5M for the fiscal year ended Dec 31, 2025, +12.6% from the year before.
- When does Microvast Holdings, Inc.'s fiscal year end?
- Microvast Holdings, Inc.'s fiscal year end on file with the SEC is December 31; its most recent fiscal year ended Dec 31, 2025.
- Where is Microvast Holdings, Inc. headquartered?
- Microvast Holdings, Inc.'s principal executive office on file with the SEC is in Stafford, TX.
- What companies does Microvast Holdings, Inc. own?
- Microvast Holdings, Inc. lists 12 subsidiaries in its SEC filings and other public records, including Huzhou Hongwei New Energy Automobile Co., Ltd., Huzhou Microvast Electric Vehicle Sales Service, Ltd., Microvast Advanced Materials, Inc.
Source: U.S. Securities and Exchange Commission, EDGAR submissions and XBRL company facts · Last updated 10/26/2026