MVST (Microvast Holdings) Gross Profit: $98.3 Mil (TTM As of Mar. 2026)

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MVST Microvast Holdings Inc MVST
68 GF Score
Price $0.80
GF Value $1.85
Valuation Possible Value Trap
! 5 Warning Signs
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What is Microvast Holdings Gross Profit?

Microvast Holdings MVST -7.08% 68 Gross Profit is $98.3 Mil as of Mar. 2026. GuruFocus rates MVST with a GF Score™ of 68/100 and a GF Value™ of $1.85 (Possible Value Trap). The stock has 5 warning signs investors should review.

Microvast Holdings's gross profit for the three months ended in Mar. 2026 was $19.2 Mil. Microvast Holdings's gross profit for the trailing twelve months (TTM) ended in Mar. 2026 was $98.3 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Microvast Holdings's gross profit for the three months ended in Mar. 2026 was $19.2 Mil. Microvast Holdings's Revenue for the three months ended in Mar. 2026 was $60.6 Mil. Therefore, Microvast Holdings's Gross Margin % for the quarter that ended in Mar. 2026 was 31.60%.

Microvast Holdings had a gross margin of 31.60% for the quarter that ended in Mar. 2026 => Competition eroding margins

During the past 7 years, the highest Gross Margin % of Microvast Holdings was 31.48%. The lowest was -28.12%. And the median was 15.94%.


Microvast Holdings  (NAS:MVST) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Microvast Holdings had a gross margin of 31.60% for the quarter that ended in Mar. 2026 => Competition eroding margins


Microvast Holdings Gross Profit Related Terms


Microvast Holdings Gross Profit Historical Data

* Premium members only.

The historical data trend for Microvast Holdings's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Microvast Holdings Gross Profit Chart

Microvast Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Profit
Get a 7-Day Free Trial -42.74 9.07 57.23 119.55 122.11

Microvast Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 43.02 31.72 46.41 0.96 19.16

MVST vs STRT, SES, HLLY: Gross Profit Comparison

For the Auto Parts subindustry, Microvast Holdings's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Microvast Holdings Gross Profit vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Microvast Holdings's Gross Profit distribution charts can be found below:

* The bar in red indicates where Microvast Holdings's Gross Profit falls into.


MVST
68GF Score
Microvast Holdings Inc MVST
Gross Profit is just one metric. See GF Score™, valuation, warning signs, and more.
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Microvast Holdings Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Microvast Holdings's Gross Profit for the fiscal year that ended in Dec. 2025 is calculated as

Gross Profit (A: Dec. 2025 )=Revenue - Cost of Goods Sold
=427.516 - 305.406
=122.1

Microvast Holdings's Gross Profit for the quarter that ended in Mar. 2026 is calculated as

Gross Profit (Q: Mar. 2026 )=Revenue - Cost of Goods Sold
=60.612 - 41.456
=19.2

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $98.3 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Microvast Holdings's Gross Margin % for the quarter that ended in Mar. 2026 is calculated as

Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=(Revenue - Cost of Goods Sold) / Revenue
=19.2 / 60.612
=31.60 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Profit →
What does a Gross Profit of $98.3 Mil mean?
Microvast Holdings (MVST) has a Gross Profit of $98.3 Mil as of Mar. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on Microvast Holdings and its competitors.
Is Microvast Holdings' Gross Profit too high?
Microvast Holdings' current Gross Profit is $98.3 Mil. Overall, Microvast Holdings has a GF Score™ of 68/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Microvast Holdings' Gross Profit compare to STRT and SES?
Microvast Holdings' Gross Profit of $98.3 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for a Vehicles & Parts company?
A good Gross Profit depends on the Vehicles & Parts industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Microvast Holdings and its competitors. Microvast Holdings's current Gross Profit is $98.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Microvast Holdings stock overvalued right now?
Based on GuruFocus' analysis, Microvast Holdings (MVST) is currently considered Possible Value Trap. The stock's GF Value™ is $1.85, compared to a current price of $0.80 — trading 56.8% below its estimated fair value. The current Gross Profit is $98.3 Mil. Microvast Holdings' overall GF Score™ is 68/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Microvast Holdings (MVST), the current Gross Profit is $98.3 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Microvast Holdings (MVST) Overvalued in 2026?

Based on GuruFocus' analysis, Microvast Holdings stock appears to be undervalued. The current stock price of $0.80 is trading 56.8% below its estimated GF Value™ of $1.85. GuruFocus considers Microvast Holdings to be Possible Value Trap.

Key valuation signals for MVST:

  • Gross Profit: $98.3 Mil
  • GF Value™: $1.85 vs. price of $0.80 (56.8% below fair value)
  • GF Score™: 68/100 with 5 warning signs

No single metric tells the full story. See the MVST stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Microvast Holdings Business Description

Other Exchanges 2OZA:Germany
Address 12603 Southwest Freeway, Suite 300, Stafford, TX, USA, 77477
Microvast Holdings Inc develops lithium-ion battery technologies focused on high-performance solutions for commercial and industrial electrification. The Company designs, develops, and manufactures battery components and systems for electric commercial vehicles and energy storage systems (ESS), with applications across buses, trucks, port equipment, and mining machinery. It emphasizes innovation in battery design without relying on legacy technologies and supports platforms such as the IVECO eDaily and various bus models. The Company also provides services, repairs, and warranty and extended warranty support. It operates as a single reportable segment, covering design, development, manufacturing, sales, and leasing of battery systems, and generates the majority of its revenue from Europe.
68GF Score

Get the complete analysis for MVST

Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.80
Price
$1.85
GF Value