For the quarter ending 2026-03-31, MVSTW made $60,612K in revenue. $48,211K in net income. Net profit margin of 79.54%.
| Income Statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Revenues | 60,612 | 81,260* | 123,287 | 91,339 |
| Cost of revenues | - | 68,225* | - | - |
| Energy storage system impairment | - | 8,127* | - | - |
| Cost of revenues | 41,456 | - | 76,875 | 59,616 |
| Impairment loss of long-lived assets | - | 2,042* | 36 | 1,364 |
| Gross profit | 19,156 | 4,908* | 46,412 | 31,723 |
| General and administrative expenses | 12,941 | -149,572* | 19,663 | 3,997 |
| Research and development expenses | 8,810 | 10,895* | 7,757 | 7,719 |
| Selling and marketing expenses | 5,342 | 8,052* | 6,006 | 3,424 |
| Total operating expenses | 27,093 | -128,583* | 33,462 | 16,504 |
| Subsidy income | 3 | 1,584* | 44 | 995 |
| Changes in fair value of warrant liability and convertible loan | - | -9,780* | - | - |
| (gain) profit from operations | -7,934 | 135,074* | 12,994 | 16,214 |
| Gain on debt restructuring | - | 693* | 0 | 403 |
| Other income (expense), net | - | 190* | -84 | 120 |
| Interest income | 382 | 306* | 236 | 198 |
| Interest expense | 1,227 | 1,143* | 1,255 | 1,252 |
| Changes in fair value of warrant liability and convertible loan | 63,838 | - | -12,641 | -121,521 |
| Gain before provision for income tax | - | 125,340* | -750 | -105,838 |
| Foreign exchange (loss) gain | -6,900 | - | - | - |
| Benefit from (provision for) income taxes | - | -6,763* | 739 | 220 |
| Other income, net | 52 | - | - | - |
| Net profit | 48,211 | 132,103* | -1,489 | -106,058 |
| Net loss attributable to noncontrolling interests | - | 0* | - | - |
| Net gain attributable to common stockholders | - | 132,103 | -1,489 | -106,058 |
| Basic EPS | 0.15 | 0.404 | 0 | -0.33 |
| Diluted EPS | -0.04 | 0.404 | 0 | -0.33 |
| Basic Average Shares | 332,360,000 | 326,668,835 | 323,755,691 | 323,643,200 |
| Diluted Average Shares | 385,272,000 | 326,668,835 | 323,755,691 | 323,643,200 |
Microvast Holdings, Inc. (MVSTW)
Microvast Holdings, Inc. (MVSTW)