Microvast Holdings reports Q3 revenue of $123.3 million, up 21.6% year over year
Microvast Holdings Inc. reported third quarter 2025 revenue of $123.3 million, a 21.6% increase compared to $101.4 million in the same period of 2024. Gross margin rose to 37.6% from 33.2% year over year. The company recorded a GAAP net loss of $1.5 million and reported positive adjusted EBITDA of $21.9 million. Capital expenditures for the period were $31.4 million, down from $43.8 million year-to-date in 2024. Microvast updated its full-year 2025 gross margin outlook to a range of 32% to 35% and maintained its revenue guidance of $450 million to $475 million, with expected year-over-year growth of 18% to 25%. The company also plans to complete installation and commissioning of production equipment for the Huzhou Phase 3.2 expansion by year-end to increase capacity.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Microvast Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-25-051130), on November 10, 2025, and is solely responsible for the information contained therein.
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