SuperworthMicrovast profit margin MVST
Gross, operating and net profit as a share of revenue over the last twelve months, from 2021.
- Net margin, 12 months
- 13.9%
- Operating margin, 12 months
- −10.3%
- Net margin on a year earlier
- +40.8 pts
- Peer median
- 4.5%
Over the twelve months to Jun 30, 2026, Microvast kept 13.9% of its revenue as net profit, with an operating margin of −10.3% and a gross margin of 25.1%.
Five years earlier its net margin was −42.1%.
The median for 9 industrial machinery stocks of a similar size is 4.5%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | −6.8% | −0.9% | 28.6% |
| FY2024 | −51.5% | −30.6% | 31.5% |
| FY2023 | −34.7% | −34.8% | 18.7% |
| FY2022 | −77.4% | −78.2% | 4.4% |
| FY2021 | n/a | n/a | −28.1% |
| FY2020 | n/a | n/a | n/a |
| FY2019 | n/a | n/a | n/a |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 13.9% | +40.8 pts | −10.3% | |
| Q1 FY26 | −11.5% | +14.7 pts | −7.3% | |
| Q4 FY25 | −6.8% | +44.6 pts | −0.9% | |
| Q3 FY25 | −28.8% | +8.3 pts | 8.1% | |
| Q2 FY25 | −26.8% | +23.8 pts | 7.1% | |
| Q1 FY25 | −26.2% | +3.6 pts | −18.7% | |
| Q4 FY24 | −51.5% | −16.8 pts | −30.6% | |
| Q3 FY24 | −37.1% | +6.2 pts | −36.9% | |
| Q2 FY24 | −50.6% | +5.3 pts | −48.7% | |
| Q1 FY24 | −29.8% | +37.3 pts | −28.9% | |
| Q4 FY23 | −34.7% | +42.7 pts | −34.8% | |
| Q3 FY23 | −43.3% | +39.6 pts | −44.6% |
Against its peers
Companies in Industrial - Machinery nearest Microvast's size, closest first, today.
| Company | Profit margin |
|---|---|
| MVSTMicrovast | 13.9% |
| PPIHPerma-Pipe International | 6.9% |
| TWINTwin Disc | 7.1% |
| LYTSLSI Industries | 3.3% |
| GHMGraham | 4.5% |
| PSIXPower Solutions International | 10.0% |
| TNCTennant | 1.5% |
| ENREnergizer | 2.7% |
| EPACEnerpac Tool | 14.7% |
| SPBSpectrum Brands | 2.8% |
| Peer median | 4.5% |
Where Microvast ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Microvast
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.