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News  ›  GlobeNewswire Inc.

Microvast Reports Third Quarter 2025 Financial Results

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Yang Wu (Founder, Chairman, And Ceo)
Microvast Reports Third Quarter 2025 Financial Results

Microvast reported record Q3 revenue of $123.3 million, a 21.6% year-over-year increase, with gross margin improving to 37.6%. Despite a net loss of $1.5 million, the company delivered a positive adjusted EBITDA of $21.9 million, demonstrating growing demand for its battery solutions.

Insights
OXY   positive

Considered an 'indefinite' holding in Buffett's long-term investment strategy


MVST   positive

Strong revenue growth (21.6%), improved gross margin (37.6%), positive adjusted EBITDA ($21.9 million), and maintained optimistic full-year revenue guidance indicate positive business performance and strategic progress