NASDAQ$MVST

Microvast Holdings Inc · Q3 2025 earnings

Q3 2025 earnings · · After market close · Investor relations

Briefing

Microvast reported Q3 2025, revenue of $123.3M, net loss of $25M.

For Q3 2025, Microvast reported revenue of $123.3M, a net loss of $25M. Management discusses operating trends, liquidity, and outlook in the quarterly filing.

  • Revenue $123.3M.
  • Net loss $25M.
  • Microvast highlights liquidity, operations, and near-term priorities.

Headline financials

Total Revenue

$123M

Previous: $101M+21.6%
EPS (adj)

$0.04

Previous: $0.03+33.3%
Gross margin

37.6%

Previous: 33.2%+13.3%
Adjusted gross margin

37.7%

Previous: 33.9%+11.2%
Adjusted EBITDA

$21.9M

Previous: $28.6M-23.4%
Cash, equivalents & restricted

$143M

Previous: $115M+24.1%
Capital Expenditures

-$19.2M

Previous: -$27.4M+29.9%
Net Income

-$1.49M

Previous: $13.2M-111.2%
Operating Income

$13M

Previous: $7.19M+80.8%
Gross Profit

$46.4M

Previous: $33.6M+38.1%

Revenue & EPS history

Microvast · Revenue · Quarterly

$123M

Q3 2025+21.6%vs Q3 2024
Beat estimate in 10 of 13 quarters(77%)
ActualEstimate

Forward guidance

The filing outlines Microvast's outlook, including capital allocation, operating priorities, and sector risks relevant to upcoming periods.

Tailwinds

  • Microvast discusses operational execution and demand trends in the filing.
  • Balance sheet and liquidity actions support the business plan.

Headwinds

  • Macro, pricing, and cost inflation may pressure margins.
  • Segment mix and one-time items can affect comparability.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q3 2025

Historical avgQ3 2025

+14.0%

Avg return

Earnings day

+8.6%

Avg return

5 days after

+14.8%

Avg return

30 days after

43%

12 / 28 earnings

Positive

+308.0%

Q3 2024

Best reaction

-29.5%

Q4 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-5.6%-33.8%-47.4%
Q4 2025+7.1%-30.7%-19.9%
Q3 2025-10.1%-22.9%-32.9%
Q1 2025+30.0%+41.4%+75.7%
Q4 2024+32.5%+53.0%+60.7%
Q3 2024+308.0%+268.2%+546.2%
Q2 2024-5.2%-11.4%-33.3%
Q1 2024+8.7%+11.7%-6.4%
Q4 2023-29.5%-41.2%-51.7%
Q3 2023+3.0%-1.1%-15.6%
Q2 2023-2.0%-16.5%-11.7%
Q1 2023+57.1%+39.5%+23.5%
Q4 2022-4.6%-3.8%-1.5%
Q3 2022+8.4%+9.3%-14.1%
Q2 2022+4.2%+3.2%-10.9%
Q1 2022+10.8%+26.3%-26.3%
Q4 2021-4.6%-17.3%-31.1%
Q3 2021-3.6%-7.7%-22.6%
Q4 2020-3.6%-7.7%-22.6%
Q2 2021-6.6%-14.2%-11.5%
Q1 2021+2.2%+1.1%-2.3%
Q3 2020-0.3%+0.5%+68.6%
Q2 2020+0.0%-0.1%-0.2%
Q1 2020+0.4%+0.4%+1.0%
Q4 2019-2.9%-4.3%-0.1%
Q3 2019-0.1%-0.4%+0.1%
Q2 2019-0.5%-0.6%-0.4%
Q1 2019-0.2%-0.1%-0.1%

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