Microvast Holdings, Inc. Operating Income History
MVST / Industrials|6 years of SEC 10-K data (FY2019-FY2024)
-$116M in FY2024.
Improved from -$160M to -$116M over the past 2 years.
Among 327 Industrials companies, Microvast Holdings, Inc. is in the bottom 7% for operating income. Operating Income has fluctuated over the past 6 years, ranging from -$194M in FY2021 to -$29M 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
- -
Operating Income Trend
Bottom 7% in IndustrialsTop 93% of 327This company -$116.1M Sector average $731.8M
▼
-115.9% below sector average
Key Insights
- In FY2024, operating income decreased 8.8% year-over-year.
- Ranks #304 out of 327 companies in the Industrials sector.
- Peak operating income was recorded in FY2020.
- Lowest operating income in the period was in FY2021.
Annual Data
| Year | Operating Income | YoY Growth |
|---|---|---|
| FY2024 | -$116.1M | -8.8% |
| FY2023 | -$106.7M | +33.3% |
| FY2022 | -$159.9M | +17.6% |
| FY2021 | -$194.1M | -566.7% |
| FY2020 | -$29.1M | +46.0% |
| FY2019 | -$53.9M | - |
As of FY2024 · SEC 10-K · Updated Feb 28, 2026