{"schema_version":"secwatch.filing_event.v1","accession":"0001760689-24-000019","form_type":"8-K","ticker":"MVST","cik":"0001760689","company_name":"Microvast Holdings, Inc.","filed_at":"2024-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.939949+00:00","generated_at":"2026-06-02T06:36:29.436220+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Microvast Q1 revenue surges 73% to $81.4M; gross margin doubles to 21.2%","bullets":["Revenue $81.4M (+73.2% YoY); gross margin 21.2% vs 10.3% in Q1 2023.","Net loss $24.8M improved from $29.6M; non-GAAP adj. net loss $13.0M.","Q2 revenue guidance $90-$98M (20-30% YoY growth); gross margin target 20-25%.","Cash & equivalents $86.7M, down from $93.8M in Dec 2023; capex $10.2M vs $35.9M YoY.","Record quarterly revenue driven by strong demand in commercial vehicle battery solutions."],"urls":{"canonical":"https://secwatch.observer/filing/0001760689-24-000019","json":"https://secwatch.observer/filing/0001760689-24-000019.json","markdown":"https://secwatch.observer/filing/0001760689-24-000019.md","text":"https://secwatch.observer/filing/0001760689-24-000019.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1760689/000176068924000019/0001760689-24-000019-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1760689/000176068924000019/mvst-20240509.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T06:36:29.436220+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":"f38307996e3c29a507be01f89fe36795fef16b6b","claim":"Microvast Holdings, Inc. reported the period ended March 31, 2024 results: revenue $81.4 million, net income Net loss of $24.8 million, EPS Net loss per share of $0.08. Guidance initiated.","evidence_excerpt":"Chief Financial Officer --- EX-99.1 (EX-99.1) --- Microvast Reports First Quarter 2024 Financial Results • Record company Q1 revenue, increased 73.2% year over year to $81.4 million • Gross margin increased from 10.3% to 21.2%, a 10.9 percentage point improvement year over year STAFFORD, Texas, USA, May 9, 2024 — Microvast Holdings, Inc. (NASDAQ: MVST)","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1760689/000176068924000019/0001760689-24-000019-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the period ended March 31, 2024"},{"label":"Revenue","value":"$81.4 million"},{"label":"Net income","value":"Net loss of $24.8 million"},{"label":"EPS","value":"Net loss per share of $0.08"},{"label":"Guidance","value":"initiated"},{"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"}