---
schema_version: "secwatch.filing_event.v1"
accession: "0001760689-24-000011"
form_type: "8-K"
ticker: "MVST"
cik: "0001760689"
company_name: "Microvast Holdings, Inc."
filed_at: "2024-04-02T23:59:59+00:00"
generated_at: "2026-06-04T03:41:55.606274+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Microvast reports FY 2023 revenue up 49.9% to $306.6M; Q4 revenue record $104.6M

## Summary
- FY 2023 gross margin improved to 18.7% from 4.4%; Q4 gross margin 22.0% vs 3.4%.
- Net loss narrowed to $106.4M from $158.2M; adjusted net loss $41.6M vs $77.3M.
- Cash and equivalents dropped to $93.8M from $327.7M due to capex of $186.8M.
- Q1 2024 guidance: revenue $65M-$75M (40-60% YoY growth); gross margin target 20-25%.
- Clarksville Phase 1A financing remains a key initiative to support U.S. operations.

## SEC filing metadata
- accession: 0001760689-24-000011
- form_type: 8-K
- ticker: MVST
- cik: 0001760689
- company_name: Microvast Holdings, Inc.
- filed_at: 2024-04-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1760689/000176068924000011/0001760689-24-000011-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1760689/000176068924000011/mvst-20240401.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001760689-24-000011
- JSON: https://secwatch.observer/filing/0001760689-24-000011.json
- Plain text: https://secwatch.observer/filing/0001760689-24-000011.txt

## Key facts
- Earnings Releases
  Microvast Holdings, Inc. reported financial results for the fourth quarter and year ended December 31, 2023.
  - Period: the fourth quarter and year ended December 31, 2023
  - Result: reported results
  source text: On April 1, 2024, Microvast Holdings, Inc. issued a press release announcing its consolidated financial results for the fourth quarter and year ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1760689/000176068924000011/0001760689-24-000011-index.htm

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