{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-26-033601","form_type":"8-K","ticker":"MVST","cik":"0001760689","company_name":"Microvast Holdings, Inc.","filed_at":"2026-05-11T20:38:58+00:00","discovered_at":"2026-05-11T20:40:00.297658+00:00","generated_at":"2026-05-11T20:42:05.114068+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Microvast Q1 revenue down 48% to $60.6M; non-GAAP net loss of $14.6M","bullets":["Revenue $60.6M, down 48% YoY from $116.5M; net profit $48.2M ($0.15 EPS) vs $61.8M ($0.19).","Non-GAAP adjusted net loss $14.6M ($0.04 loss per share) vs profit of $19.3M last year; adjusted EBITDA -$5.5M.","Gross margin 31.6% (down from 36.9%) due to lower production utilization; non-GAAP adjusted margin 31.7%.","Cash and equivalents $174.0M as of March 31, 2026, up from $169.2M at year-end 2025.","Guidance: targeting Huzhou Phase 3.2 serial production in 2026 (up to 2 GWh) and Clarksville pack assembly by year-end."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-26-033601","json":"https://secwatch.observer/filing/0001628280-26-033601.json","markdown":"https://secwatch.observer/filing/0001628280-26-033601.md","text":"https://secwatch.observer/filing/0001628280-26-033601.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1760689/000162828026033601/0001628280-26-033601-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1760689/000162828026033601/mvst-20260511.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-11T20:42:05.114068+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"17efd38d0d4963330fc4154022b24b3fd88316af","claim":"Microvast Holdings, Inc. reported the first quarter ended March 31, 2026 results: revenue $60.6 million, net income Net profit of $48.2 million, EPS Net profit per share of $0.15.","evidence_excerpt":"(“Q1 2026”). \"Our first quarter results reflect a period of strategic agility as we navigate evolving geopolitical dynamics and a shifting global landscape. While revenue of $60.6 million was impacted by delivery timing and regional headwinds in APAC, our resilient gross margin of 31.6% underscores the value of our technology and our ability to maintain strong","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1760689/000162828026033601/0001628280-26-033601-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended March 31, 2026"},{"label":"Revenue","value":"$60.6 million"},{"label":"Net income","value":"Net profit of $48.2 million"},{"label":"EPS","value":"Net profit per share of $0.15"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}