Short answer
Microvast Holdings, Inc. (MVST) filed its Q1 2026 10-Q quarterly report on May 11, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $61M (down 48.0% year over year) with net income of $48M.
Q1 2026 key financials · XBRL
- Revenue
- $61M
- −48.0% YoY
- Net income
- $48M
- −22.0% YoY
- Operating margin
- -13.1%
- Gross margin
- 31.6%
- EPS (diluted)
- −$0.04
- −180.0% YoY
Source: XBRL data from the Microvast Holdings, Inc. (MVST) Q1 2026 10-Q on SEC EDGAR. USD.
Microvast Holdings, Inc. Q1 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $60.6M, down $55.9M or 48.0% YoY
- Gross margin 31.6% vs 36.9% YoY
- Europe strongest region at $43.2M, 71% of revenue
- Operating cash flow used $22.8M; cash and restricted cash $174.0M
- Near-term headwinds: weaker EV demand, tariffs, geopolitical instability, OEM delays, subsidy expirations
Risk Factors
- No risk-factors section provided; submitted text covers Items 2–6 and exhibits
- CEO trading-plan overhang: sales of up to 10,000,000 shares from April 1, 2026 through March 31, 2027
- Insider-trading compliance exposure: CEO plan intended to satisfy Rule 10b5-1(c) affirmative-defense conditions
- No unregistered equity sales during the three months ended March 31, 2026
- No defaults upon senior securities during the quarter
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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