Microvast Holdings, Inc. Revenue History
MVST / Industrials|6 years of SEC 10-K data (FY2019-FY2024)
$380M in FY2024 with a 5-year CAGR of +37.8%.
Improved from $204M to $380M over the past 2 years.
Among 331 Industrials companies, Microvast Holdings, Inc. is in the bottom 8% for revenue. Revenue has increased for 5 consecutive years, from $76M in FY2019 to $380M in FY2024.
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
- +35.7%
- 5-Year CAGR
- +37.8%
- 10-Year CAGR
- -
Revenue Trend
Bottom 8% in IndustrialsTop 92% of 331This company $379.8M Sector average $7.8B
▼
-95.1% below sector average
Key Insights
- Microvast Holdings, Inc.'s revenue has grown for 5 consecutive years.
- 5-year CAGR of +37.8%, indicating consistent growth.
- In FY2024, revenue increased 23.9% year-over-year.
- Ranks #304 out of 331 companies in the Industrials sector.
Annual Data
| Year | Revenue | YoY Growth |
|---|---|---|
| FY2024 | $379.8M | +23.9% |
| FY2023 | $306.6M | +49.9% |
| FY2022 | $204.5M | +34.6% |
| FY2021 | $152.0M | +41.3% |
| FY2020 | $107.5M | +40.7% |
| FY2019 | $76.4M | - |
As of FY2024 · SEC 10-K · Updated Feb 28, 2026