NASDAQ$MVST

Microvast Holdings Inc · Q4 2024 earnings

Q4 2024 earnings · · After market close · Investor relations

Briefing

Microvast reported Q4 2024 revenue of $113.4M with a net loss of $82.3M and diluted loss per share of $0.26.

Revenue was $113.4 million for the fourth quarter of 2024, up 8.4% year over year, with full-year revenue of $379.8 million (+23.9%). Net loss was $82.3 million ($0.26 diluted LPS) as fair-value warrant and convertible loan marks weighed on results. Management targets 2025 revenue of $450M–$475M (18%–25% growth).

  • Q4 revenue $113.4M (+8.4% YoY); FY revenue $379.8M.
  • Net loss $82.3M; diluted LPS $0.26.
  • Backlog $401.3M supports 2025 growth outlook.
  • EMEA momentum and APAC capacity expansion are priorities.

Headline financials

Total Revenue

$113M

Previous: $105M+8.4%
EPS (adj)

-$0.26

Previous: -$0.04-550.0%
Net Income

-$82.3M

Previous: -$24.6M-234.8%
Operating Income

-$1.42M

Previous: -$22.2M+93.6%
Gross Profit

$41.5M

Previous: $23M+80.3%

Revenue & EPS history

Microvast · Revenue · Quarterly

$113M

Q4 2024+8.4%vs Q4 2023
Beat estimate in 10 of 13 quarters(77%)
ActualEstimate

Forward guidance

Outlook emphasizes milestones, liquidity runway, and cost discipline.

Tailwinds

  • Pipeline progress and partnership economics.
  • Cash supports near-term operating plans.

Headwinds

  • Operating losses until commercial scale.
  • Financing and competition affect funding costs.

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 Q4 2024

Historical avgQ4 2024

+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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