Short answer
Microvast Holdings, Inc. (MVST) filed an 8-K current report with the SEC on August 11, 2026 reporting Item 2.02 (Results of Operations and Financial Condition), Item EX-99.1 (Exhibit EX-99.1). Filing furnishes Exhibits 99.1 and 99.2, which contain the fiscal 2026 results information.
Microvast Holdings, Inc. 8-K event analysis
AI summary of each reported item and its exhibits
Item 2.02 · Results of Operations and Financial Condition
- Filing furnishes Exhibits 99.1 and 99.2, which contain the fiscal 2026 results information
- Results are furnished rather than filed, limiting liability under Exchange Act Section 18
- CFO Rodney Worthen signed the report on August 10, 2026
Item EX-99.1 · Exhibit EX-99.1
- Q2 revenue $87.3M, down 4.5% YoY; $2.7M customer tariff refund directly reduced reported sales
- Gross margin fell to 29.5% from 34.7%, pressured by raw-material inflation and lower factory utilization
- Adjusted EBITDA dropped to $3.6M from $25.9M, signaling sharply weaker underlying operating performance
- YTD revenue declined 28.8% to $147.9M, while adjusted EBITDA turned negative at $1.9M versus $54.4M
- Cash, cash equivalents and restricted cash fell to $143.1M; management flags substantial doubt about going concern and future capital needs
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