---
schema_version: "secwatch.filing_event.v1"
accession: "0001760689-23-000024"
form_type: "8-K"
ticker: "MVST"
cik: "0001760689"
company_name: "Microvast Holdings, Inc."
filed_at: "2023-08-08T23:59:59+00:00"
generated_at: "2026-06-12T02:26:55.062915+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Microvast Q2 revenue $75M, up 16%; gross margin 15.3%; backlog record $676M

## Summary
- Revenue $75.0M (+16.4% YoY), beating guidance; gross margin 15.3% vs 7.5%.
- Record backlog $675.9M (+541.9% YoY); net loss narrowed to $26.1M from $44.2M.
- Q3 2023 revenue guidance $72M-$80M; full-year 2023 revenue guidance $348M-$368M.
- Clarksville, TN trial production on track for Q4 2023; Huzhou 53.5Ah cells shipping.
- Adjusted EBITDA loss improved to $(4.2)M from $(9.2)M; cash $195.8M.

## SEC filing metadata
- accession: 0001760689-23-000024
- form_type: 8-K
- ticker: MVST
- cik: 0001760689
- company_name: Microvast Holdings, Inc.
- filed_at: 2023-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1760689/000176068923000024/0001760689-23-000024-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1760689/000176068923000024/mvst-20230807.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001760689-23-000024
- JSON: https://secwatch.observer/filing/0001760689-23-000024.json
- Plain text: https://secwatch.observer/filing/0001760689-23-000024.txt

## Key facts
- Earnings Releases
  Microvast Holdings, Inc. reported the six months ended June 30, 2023 results: revenue $121.9 million.
  - Period: the six months ended June 30, 2023
  - Revenue: $121.9 million
  - Result: reported results
  source text: Results for Six Months Ended June 30, 2023 (“YTD 2023”) • Revenue of $121.9 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1760689/000176068923000024/0001760689-23-000024-index.htm
- Earnings Releases
  Microvast Holdings, Inc. reported the second quarter ended June 30, 2023 results: revenue $75.0 million. Guidance reaffirmed.
  - Period: the second quarter ended June 30, 2023
  - Revenue: $75.0 million
  - Guidance: reaffirmed
  - Result: reported results
  source text: Microvast Reports Second Quarter 2023 Financial Results • Revenue increased 16.4% year over year to $75.0 million, exceeding guidance
  evidence_url: https://www.sec.gov/Archives/edgar/data/1760689/000176068923000024/0001760689-23-000024-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.