Microvast Q2 revenue $91.3M record, positive EBITDA $25.9M; adjusts gross margin guide

Microvast Holdings, Inc.

2025-Q2 EPS reported -$0.14 revenue$207,830,000

Revenue $91.3M (+9.2% YoY); gross margin 34.7% vs 32.5% YoY.
GAAP net loss $106.1M vs $101.6M; adjusted net profit $16.3M vs adjusted loss $87.9M.
Positive adjusted EBITDA $25.9M vs negative $78.4M in Q2 2024.
YTD revenue $207.8M (+25.9%); adjusted net profit $35.6M vs loss $100.9M.
FY 2025 revenue guide $450M-$475M; gross margin target updated to 30%-32%.

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