---
title: "MVST: Revenue declined 4.5% year-over-year as margins compressed and regional sales shifted"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295456640.md"
description: "Q2 2026 revenue fell 4.5% year-over-year to $87.3 million, with gross margin down to 29.5% due to higher costs and lower utilization. European sales rose 35%, while APAC and U.S. sales declined. Huzhou Phase 3.2 expansion and advanced R&D remain key priorities.Based on DisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source."
datetime: "2026-08-10T21:59:52.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295456640.md)
  - [en](https://longbridge.com/en/news/295456640.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295456640.md)
generator: "portal-rs"
---

# MVST: Revenue declined 4.5% year-over-year as margins compressed and regional sales shifted

Q2 2026 revenue fell 4.5% year-over-year to $87.3 million, with gross margin down to 29.5% due to higher costs and lower utilization. European sales rose 35%, while APAC and U.S. sales declined. Huzhou Phase 3.2 expansion and advanced R&D remain key priorities.

Based on 

**Disclaimer**

This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**