NASDAQ · MVST

Microvast Holdings, Inc.

Closing price · Nov 13, 2026 $0.217

Latest quarter · ended Sep 30, 2026

Sales slipped and cash got weaker

descriptionFiled Nov 9, 2026
Revenue growthShrinking
−62.8%
Quarter ended Dec 31, 2024: +8.4% sales vs. a year beforeQuarter ended Mar 31, 2025: +43.2% sales vs. a year beforeQuarter ended Jun 30, 2025: +9.2% sales vs. a year beforeQuarter ended Sep 30, 2025: +21.6% sales vs. a year beforeQuarter ended Dec 31, 2025: −15.0% sales vs. a year beforeQuarter ended Mar 31, 2026: −48.0% sales vs. a year beforeQuarter ended Jun 30, 2026: −4.5% sales vs. a year beforeQuarter ended Sep 30, 2026: −62.8% sales vs. a year before
Dec '24Sep '26
$45.8M vs. $123M a year ago
Gross marginWorse
5.2%
Quarter ended Dec 31, 2024: 36.6% gross marginQuarter ended Mar 31, 2025: 36.9% gross marginQuarter ended Jun 30, 2025: 34.7% gross marginQuarter ended Sep 30, 2025: 37.6% gross marginQuarter ended Dec 31, 2025: 1.0% gross marginQuarter ended Mar 31, 2026: 31.6% gross marginQuarter ended Jun 30, 2026: 29.5% gross marginQuarter ended Sep 30, 2026: 5.2% gross margin
Dec '24Sep '26
vs. 37.6% a year ago
Cash from operationsWorse
−$32.1M
Quarter ended Dec 31, 2024: $6.1M cash from operationsQuarter ended Mar 31, 2025: $7.17M cash from operationsQuarter ended Jun 30, 2025: $37.2M cash from operationsQuarter ended Sep 30, 2025: $15.2M cash from operationsQuarter ended Dec 31, 2025: $16.4M cash from operationsQuarter ended Mar 31, 2026: −$22.8M cash from operationsQuarter ended Jun 30, 2026: −$10.5M cash from operationsQuarter ended Sep 30, 2026: −$32.1M cash from operations
Dec '24Sep '26
−312% from $15.2M a year ago
Share countDiluting
+17.3%
Quarter ended Dec 31, 2024: 325.21M sharesQuarter ended Mar 31, 2025: 325.34M sharesQuarter ended Jun 30, 2025: 325.35M sharesQuarter ended Sep 30, 2025: 328.18M sharesQuarter ended Dec 31, 2025: 332.03M sharesQuarter ended Mar 31, 2026: 333.16M sharesQuarter ended Jun 30, 2026: 384.53M sharesQuarter ended Sep 30, 2026: 385.11M shares
Dec '24Sep '26
385.11M shares vs. 328.18M a year ago

Numbers come from the company's own 10-Q and 10-K reports filed with the SEC. Each bar is one quarter, oldest on the left. The colored bar is the latest. Hover over or tap a bar to see its number.

Smart money pulse

What insiders and funds are doing

Mixed Insiders: as of Nov 13 Funds: as of Jun 30, 2026
−1000+100 0
  • info
    4 real insider sales in 12 months. $134K in total, not counting planned sales.

−100 means everyone selling, +100 everyone buying. This is data, not advice.

How the Pulse works

Pulse runs from −100 (everyone selling) to +100 (everyone buying). Half comes from insiders: real buyers vs. real sellers in the last 90 days (Form 4). Half comes from funds: funds that bought vs. funds that sold last quarter (13F). 13F is a snapshot of long positions on the last day of the quarter, filed up to 45 days later. It does not show short positions or trades since then.

Who owns it

159 funds report owning MVST, down from 172

Holdings as of Jun 30, 2026
New21
Added59
Held36
Trimmed43
Sold out34

Insider trades · last 12 months

Real buys and sales

● Open-market buy● Open-market sale
CEOCFOOther officersDirectorsDecJanFebMarAprMayJunJulAugSepOctNovPlanned sale (10b5-1) · Dec 31 · $34.8KStock grant · Jan 1 · 142,857 sh · 3 peopleStock grant · Jan 9 · 28,571 shStock grant · Jan 9 · 85,714 shStock grant · Mar 2 · 172,500 sh · 2 peopleStock grant · Mar 10 · 15,503 shStock grant · Mar 13 · 25,838 sh · 2 peopleStock grant · Mar 13 · 93,135 shStock grant · Apr 1 · 60,000 sh · 3 peopleCode C · May 28 · $25MOpen-market sale · May 18 · $63.8KOpen-market sale · Jun 9 · $7.94KOpen-market sale · Jun 9 · $57.4KOpen-market sale · Jun 10 · $5.18K
CEOCFOOther officersDirectorsJunJulAugSepOctNovOpen-market sale · Jun 9 · $7.94KOpen-market sale · Jun 9 · $57.4KOpen-market sale · Jun 10 · $5.18K

Last 6 months. A wider screen shows 12.

Showing 4 real trades. Hidden: 14 stock grants, 1 planned 10b5-1 sale. Those happen on a schedule and say little about what an insider thinks. Bigger dot means a bigger trade.

Real trades, newest first

Jun 10 Wenjuan Mattis CTO Open-market sale $5.18K 4,705 sh at $1.10 Sold 1% of stake
Jun 9 Yang Wu CEO, Director, 10% owner Open-market sale $57.4K 46,313 sh at $1.24 Sold 1% of stake
Jun 9 Isida Tushe Pres., Gen. Couns. & Corp. Sec, Director Open-market sale $7.94K 6,403 sh at $1.24 Sold 3% of stake
May 18 Wenjuan Mattis CTO Open-market sale $63.8K 48,346 sh at $1.32 Sold 5% of stake

Showing every filing. Dashed circles are routine: grants, tax withholding, option exercises and planned sales.

Top holders

Biggest funds in MVST

As of Jun 30, 2026
FundOwnsValueChange
California State Teachers Retirement System0.1%$339M+106%
BlackRock, Inc.4.3%$19.3M+7%
Vanguard Capital Management LLC2.3%$10.2M+1%
Legal & General Group PLC2.1%$9.69M+5698%
State Street Corp2.0%$8.91M+42%

"Owns" is shares reported divided by shares outstanding.

Where this data comes from. Insider trades, fund holdings, activist stakes and company results come from public SEC EDGAR filings (Forms 4, 13F, 13D/13G, 10-Q and 8-K). Congress trades come from the STOCK Act reports members file with the House Clerk and the Senate. Daily closing prices come from post-no-preference/stocks on DoltHub, a community-run database shared under CC BY-SA 4.0; the prices we show stay under that license. They are each day's close, not live or official exchange prices.

This is data, not investment advice. About StockToast