---
schema_version: "secwatch.filing_event.v1"
accession: "0001760689-24-000049"
form_type: "8-K"
ticker: "MVST"
cik: "0001760689"
company_name: "Microvast Holdings, Inc."
filed_at: "2024-11-12T23:59:59+00:00"
generated_at: "2026-05-30T02:04:48.263885+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Microvast Q3 2024 revenue $101.4M (+26.6% YoY); net profit $13.2M vs Q3 2023 loss

## Summary
- Revenue $101.4M (+26.6% YoY); gross margin expanded to 33.2% from 22.3%.
- Net profit $13.2M ($0.04 EPS) vs net loss $26.2M ($0.08 loss); adj. net profit $16.8M.
- Adjusted EBITDA turned positive at $28.6M vs negative $5.3M in Q3 2023.
- FY 2024 revenue growth target 15-18% YoY; Q4 guidance $90M-$95M; gross margin target 25-30%.
- Cash & equivalents $115M as of Sep 30, 2024, up from $93.8M at Dec 31, 2023.

## SEC filing metadata
- accession: 0001760689-24-000049
- form_type: 8-K
- ticker: MVST
- cik: 0001760689
- company_name: Microvast Holdings, Inc.
- filed_at: 2024-11-12T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1760689/000176068924000049/0001760689-24-000049-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1760689/000176068924000049/mvst-20241112.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001760689-24-000049
- JSON: https://secwatch.observer/filing/0001760689-24-000049.json
- Plain text: https://secwatch.observer/filing/0001760689-24-000049.txt

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