Q2 FY2026 EarningsQ2 FY26 missed consensus on revenue and net income despite a gross margin beat. Revenue was $87.3M vs. $94.4M expected (-7.5% variance), impacted by a $2.7M IEEPA tariff refund. Adjusted Gross Margin of 29.6% beat the 28.5% consensus by 1.10pct. However, Adjusted Net Loss of $5.3M significantly missed the anticipated $0.45M profit, driven by lower production utilization and rising raw material costs.
Financial report interval: 2026.03.30 - 2026.06.30
Overview: Microvast(MVST) the Revenue is 87.26 M (-4.46%), Miss estimate;the EBIT is -1.72 M (-110.6%), Miss estimate;the EPS is -0.03 (+90.91%), Miss estimate.
Actual
YoY
Estimate
YoY
Vs estimate
YoY
RevenueMiss expectations
0.09B4.46%
0.09B3.35%
-0.01B7.81%
EBITMiss expectations
-0.00B110.61%
-0.00B100.91%
-0.00B9.70%
EPSMiss expectations
-0.0390.91%
-0.0196.97%
-0.02006.06%
Revenue
ActualEstimateUnit: USD
qf
EBIT
ActualEstimateUnit: USD
qf
Net income
ActualEstimateUnit: USD
qf
EPS
ActualEstimateUnit: USD
qf