Microvast Holdings, Inc. Net Income History
MVST / Industrials|6 years of SEC 10-K data (FY2019-FY2024)
-$195M in FY2024.
Declined from -$158M to -$195M over the past 2 years.
Among 356 Industrials companies, Microvast Holdings, Inc. is in the bottom 6% for net income. Net Income has fluctuated over the past 6 years, ranging from -$206M in FY2021 to -$34M in FY2020.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 0.38 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Net Income Trend
Bottom 6% in IndustrialsTop 94% of 356This company -$195.5M Sector average $571.2M
▼
-134.2% below sector average
Key Insights
- In FY2024, net income decreased 83.8% year-over-year.
- Ranks #336 out of 356 companies in the Industrials sector.
- Peak net income was recorded in FY2020.
- Lowest net income in the period was in FY2021.
Annual Data
| Year | Net Income | YoY Growth |
|---|---|---|
| FY2024 | -$195.5M | -83.8% |
| FY2023 | -$106.3M | +32.8% |
| FY2022 | -$158.2M | +23.4% |
| FY2021 | -$206.5M | -514.1% |
| FY2020 | -$33.6M | +43.6% |
| FY2019 | -$59.7M | - |
As of FY2024 · SEC 10-K · Updated Feb 28, 2026