Earnings Release
EX-99.1 2 mvst2026q2ex991earningspre.htm EX-99.1 Document Exhibit 99.1 Microvast Reports Second Quarter 2026 Financial Results Houston, Texas, USA — Microvast Holdings, Inc. (NASDAQ:MVST) (“Microvast” or the “Company”), a global leader in advanced battery technologies, announced today its unaudited consolidated financial results for the second quarter ended June 30, 2026 (“Q2 2026”). “In the second quarter, Microvast progressed through a pivotal phase of our global capacity expansion. Delivering $87.3 million in revenue and maintaining a 29.5% gross margin highlights our ability to navigate raw material fluctuations and production utilization cycles. While it impacted our net revenue, returning $2.7 million in IEEPA (1) tariff refunds to our U.S. customers reinforces the strength of our long-term commercial partnerships. With Huzhou Phase 3.2 expected to be on track to deliver up to 2 GW...
Source
0001628280-26-055471
Filed August 11, 2026 at 1:20 AM UTC. The figures above are from the audited statements, not from this release.