Microvast Holdings, Inc. (MVST)
NASDAQ:MVST
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Earnings Data
Report Date
Aug 06, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
>-0.01Last Year’s EPS
0.05Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Negative
The call contained important strategic positives — notable product innovation (290Ah LFP packs and KAF powertrain), clear progress on Huzhou Phase 3.2 capacity expansion, a resilient gross margin profile, cost control on operating expenses, and a solid cash balance of $174 million. However, these were offset by substantial near-term financial and operational headwinds: a 48% revenue decline, roughly 49% drop in shipment volumes, adjusted net loss and negative adjusted EBITDA, operating cash outflows, severe regional demand weakness (APAC -66%) and margin pressures from raw material, energy and tariff headwinds. The company frames many issues as timing and ramp-related and laid out a credible path (SOP 2026, product commercialization) to recover, but the near-term financial deterioration and need for additional financing represent significant risks.Company Guidance
Product Innovation — 290Ah LFP Battery Pack & KAF Powertrain
Announced next-generation 290Ah LFP-based battery packs and the integrated KAF electric powertrain targeting school bus and heavy-duty commercial markets; includes proprietary nitrogen inerting safety system and aims for TCO parity with diesel under 10 years (without subsidies). Product to be showcased at STN July 2026.
Huzhou Phase 3.2 Progress and Capacity Expansion
Phase 3.2 trial production milestone completed for electrode section; assembly and formation equipment in material-based commissioning. SOP expected in 2026. Phase 3.2 is expected to add up to 2 GWh of annual production capacity (company-wide capacity ~4 GWh including legacy lines).
Gross Margin Resilience
Gross profit was $19.2 million with a gross margin of 31.6% in Q1 2026, demonstrating margin resilience despite lower volumes and cost pressures (margin down from 36.9% in Q1 2025).
Operating Expense Controls
Total operating expenses decreased to $27.1 million, a 7.1% year-over-year reduction. Key reductions included G&A down $1.2 million (8.3%) and selling & marketing down $1.5 million (21.4%), while R&D increased modestly by $0.6 million (6.8%) to support new product development.
Domestic Manufacturing & Pack Line Progress
Progress on Clarksville, Tennessee pack assembly ramp-up to expand U.S. domestic capabilities; targeted investment made in late 2025 to establish pack assembly line, supporting anticipated customer demand for domestic LFP packs.
Cash Position and Financing Activity
Quarter-end cash, cash equivalents and restricted cash totaled $174 million with a net increase in cash of $4.8 million for the quarter. Net cash generated by financing activities was $29.3 million, an increase of $19.8 million year-over-year driven by higher bank borrowings.
Strategic Focus on High-Value Markets
Management emphasized disciplined transition to profitability, scaling with margin integrity, and prioritizing high-barrier, high-margin segments (heavy industries and transit) to capture higher-value opportunities with new products.
MVST Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
MVST Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 11, 2026 | $2.02 | $1.41 | -30.20% |
Mar 16, 2026 | $2.31 | $1.52 | -34.20% |
Nov 10, 2025 | $4.98 | $4.48 | -10.04% |
Aug 11, 2025 | $3.03 | $2.62 | -13.53% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Microvast Holdings, Inc. (MVST) report earnings?
Microvast Holdings, Inc. (MVST) is schdueled to report earning on Aug 06, 2026, After Close (Confirmed).
What is Microvast Holdings, Inc. (MVST) earnings time?
Microvast Holdings, Inc. (MVST) earnings time is at Aug 06, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is MVST EPS forecast?
MVST EPS forecast for the fiscal quarter 2026 (Q2) is >-0.01.