---
schema_version: "secwatch.filing_event.v1"
accession: "0001760689-25-000008"
form_type: "8-K"
ticker: "MVST"
cik: "0001760689"
company_name: "Microvast Holdings, Inc."
filed_at: "2025-03-31T23:59:59+00:00"
generated_at: "2026-05-24T02:02:17.320555+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Microvast reports FY2024 revenue up 23.9% to $379.8M; net loss widens to $195.5M

## Summary
- Revenue $379.8M (+23.9% YoY); Q4 record $113.4M (+8.4% YoY).
- Gross margin 31.5% vs 18.7% in 2023; Q4 gross margin 36.6%.
- Net loss $195.5M ($0.61/share) vs $106.4M ($0.34) in 2023; adjusted net loss $84.6M ($0.27).
- Backlog $401.3M; 2025 revenue guidance $450-475M (18-25% growth), gross margin target 30%.
- Huzhou Phase 3.2 expansion online Q4 2025; CapEx $49.9M vs $186.8M in 2023.

## SEC filing metadata
- accession: 0001760689-25-000008
- form_type: 8-K
- ticker: MVST
- cik: 0001760689
- company_name: Microvast Holdings, Inc.
- filed_at: 2025-03-31T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/1760689/000176068925000008/0001760689-25-000008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1760689/000176068925000008/mvst-20250331.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001760689-25-000008
- JSON: https://secwatch.observer/filing/0001760689-25-000008.json
- Plain text: https://secwatch.observer/filing/0001760689-25-000008.txt

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