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Side-by-side financial comparison of Lifevantage Corp (LFVN) and Microvast Holdings, Inc. (MVST). Click either name above to swap in a different company.

Microvast Holdings, Inc. is the larger business by last-quarter revenue ($96.4M vs $48.9M, roughly 2.0× Lifevantage Corp). Microvast Holdings, Inc. runs the higher net margin — 17.2% vs 0.6%, a 16.6% gap on every dollar of revenue. On growth, Microvast Holdings, Inc. posted the faster year-over-year revenue change (-15.0% vs -27.8%). Microvast Holdings, Inc. produced more free cash flow last quarter ($15.8M vs $1.7M). Over the past eight quarters, Microvast Holdings, Inc.'s revenue compounded faster (8.9% CAGR vs 0.7%).

Lifevantage Corp is a health and wellness enterprise that develops, manufactures and distributes science-backed nutritional supplements, skincare and personal care products. It operates via a direct-to-consumer network marketing model, serving customers across North America, Europe and the Asia-Pacific, with focus on anti-aging and holistic health solution segments.

Microvast Holdings, Inc. is a battery technology company headquartered in Stafford, Texas, and publicly traded on the NASDAQ Stock Exchange. It designs, develops and manufactures battery components and systems primarily for electric commercial vehicles and utility-scale energy storage systems (ESS). Microvast has manufacturing facilities in the United States, China, and Germany.

LFVN vs MVST — Head-to-Head

Bigger by revenue
MVST
MVST
2.0× larger
MVST
$96.4M
$48.9M
LFVN
Growing faster (revenue YoY)
MVST
MVST
+12.8% gap
MVST
-15.0%
-27.8%
LFVN
Higher net margin
MVST
MVST
16.6% more per $
MVST
17.2%
0.6%
LFVN
More free cash flow
MVST
MVST
$14.1M more FCF
MVST
$15.8M
$1.7M
LFVN
Faster 2-yr revenue CAGR
MVST
MVST
Annualised
MVST
8.9%
0.7%
LFVN

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
LFVN
LFVN
MVST
MVST
Revenue
$48.9M
$96.4M
Net Profit
$276.0K
$16.5M
Gross Margin
74.0%
1.0%
Operating Margin
1.0%
-42.7%
Net Margin
0.6%
17.2%
Revenue YoY
-27.8%
-15.0%
Net Profit YoY
-89.2%
120.1%
EPS (diluted)
$0.02
$0.19

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
LFVN
LFVN
MVST
MVST
Q4 25
$48.9M
$96.4M
Q3 25
$47.6M
$123.3M
Q2 25
$55.1M
$91.3M
Q1 25
$58.4M
$116.5M
Q4 24
$67.8M
$113.4M
Q3 24
$47.2M
$101.4M
Q2 24
$48.9M
$83.7M
Q1 24
$48.2M
$81.4M
Net Profit
LFVN
LFVN
MVST
MVST
Q4 25
$276.0K
$16.5M
Q3 25
$2.2M
$-1.5M
Q2 25
$2.0M
$-106.1M
Q1 25
$3.5M
$61.8M
Q4 24
$2.5M
$-82.3M
Q3 24
$1.8M
$13.2M
Q2 24
$1.3M
$-101.6M
Q1 24
$1.7M
$-24.8M
Gross Margin
LFVN
LFVN
MVST
MVST
Q4 25
74.0%
1.0%
Q3 25
79.5%
37.6%
Q2 25
79.9%
34.7%
Q1 25
81.0%
36.9%
Q4 24
80.5%
36.6%
Q3 24
79.9%
33.2%
Q2 24
79.5%
32.5%
Q1 24
78.9%
21.2%
Operating Margin
LFVN
LFVN
MVST
MVST
Q4 25
1.0%
-42.7%
Q3 25
4.8%
10.5%
Q2 25
3.9%
17.8%
Q1 25
6.9%
16.3%
Q4 24
5.1%
-1.2%
Q3 24
5.4%
7.1%
Q2 24
5.9%
-118.0%
Q1 24
4.0%
-28.4%
Net Margin
LFVN
LFVN
MVST
MVST
Q4 25
0.6%
17.2%
Q3 25
4.5%
-1.2%
Q2 25
3.6%
-116.1%
Q1 25
5.9%
53.0%
Q4 24
3.8%
-72.6%
Q3 24
3.9%
13.1%
Q2 24
2.7%
-121.4%
Q1 24
3.4%
-30.5%
EPS (diluted)
LFVN
LFVN
MVST
MVST
Q4 25
$0.02
$0.19
Q3 25
$0.17
$0.00
Q2 25
$0.16
$-0.33
Q1 25
$0.26
$0.05
Q4 24
$0.19
$-0.24
Q3 24
$0.14
$0.03
Q2 24
$0.10
$-0.32
Q1 24
$0.13
$-0.08

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
LFVN
LFVN
MVST
MVST
Cash + ST InvestmentsLiquidity on hand
$105.0M
Total DebtLower is stronger
$13.2M
Stockholders' EquityBook value
$33.0M
$410.5M
Total Assets
$61.2M
$1.0B
Debt / EquityLower = less leverage
0.03×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LFVN
LFVN
MVST
MVST
Q4 25
$105.0M
Q3 25
$90.7M
Q2 25
$20.2M
$99.7M
Q1 25
$90.9M
Q4 24
$73.0M
Q3 24
$63.6M
Q2 24
$16.9M
$68.2M
Q1 24
$39.5M
Total Debt
LFVN
LFVN
MVST
MVST
Q4 25
$13.2M
Q3 25
$34.4M
Q2 25
$34.2M
Q1 25
$41.3M
Q4 24
$41.1M
Q3 24
$53.4M
Q2 24
$34.2M
Q1 24
$43.0M
Stockholders' Equity
LFVN
LFVN
MVST
MVST
Q4 25
$33.0M
$410.5M
Q3 25
$33.2M
$358.1M
Q2 25
$34.6M
$356.1M
Q1 25
$34.0M
$454.2M
Q4 24
$29.9M
$387.9M
Q3 24
$27.7M
$486.1M
Q2 24
$26.0M
$455.0M
Q1 24
$26.8M
$546.1M
Total Assets
LFVN
LFVN
MVST
MVST
Q4 25
$61.2M
$1.0B
Q3 25
$61.6M
$1.0B
Q2 25
$72.0M
$1.0B
Q1 25
$77.2M
$982.9M
Q4 24
$68.5M
$951.9M
Q3 24
$61.5M
$997.9M
Q2 24
$60.3M
$961.4M
Q1 24
$61.3M
$1.0B
Debt / Equity
LFVN
LFVN
MVST
MVST
Q4 25
0.03×
Q3 25
0.10×
Q2 25
0.10×
Q1 25
0.09×
Q4 24
0.11×
Q3 24
0.11×
Q2 24
0.08×
Q1 24
0.08×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
LFVN
LFVN
MVST
MVST
Operating Cash FlowLast quarter
$2.8M
$16.4M
Free Cash FlowOCF − Capex
$1.7M
$15.8M
FCF MarginFCF / Revenue
3.5%
16.4%
Capex IntensityCapex / Revenue
2.2%
0.7%
Cash ConversionOCF / Net Profit
10.11×
0.99×
TTM Free Cash FlowTrailing 4 quarters
$1.7M
$56.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LFVN
LFVN
MVST
MVST
Q4 25
$2.8M
$16.4M
Q3 25
$-2.3M
$15.2M
Q2 25
$1.0M
$37.2M
Q1 25
$2.2M
$7.2M
Q4 24
$9.2M
$6.1M
Q3 24
$-583.0K
$-5.4M
Q2 24
$2.6M
$111.0K
Q1 24
$3.1M
$2.0M
Free Cash Flow
LFVN
LFVN
MVST
MVST
Q4 25
$1.7M
$15.8M
Q3 25
$-2.7M
$1.2M
Q2 25
$835.0K
$34.3M
Q1 25
$1.9M
$4.8M
Q4 24
$8.7M
$5.7M
Q3 24
$-932.0K
$-19.6M
Q2 24
$2.3M
$-2.8M
Q1 24
$2.8M
$-8.2M
FCF Margin
LFVN
LFVN
MVST
MVST
Q4 25
3.5%
16.4%
Q3 25
-5.8%
1.0%
Q2 25
1.5%
37.5%
Q1 25
3.2%
4.1%
Q4 24
12.8%
5.1%
Q3 24
-2.0%
-19.3%
Q2 24
4.7%
-3.4%
Q1 24
5.8%
-10.1%
Capex Intensity
LFVN
LFVN
MVST
MVST
Q4 25
2.2%
0.7%
Q3 25
0.9%
11.3%
Q2 25
0.4%
3.1%
Q1 25
0.6%
2.0%
Q4 24
0.7%
0.3%
Q3 24
0.7%
14.0%
Q2 24
0.6%
3.5%
Q1 24
0.6%
12.6%
Cash Conversion
LFVN
LFVN
MVST
MVST
Q4 25
10.11×
0.99×
Q3 25
-1.07×
Q2 25
0.53×
Q1 25
0.64×
0.12×
Q4 24
3.61×
Q3 24
-0.32×
-0.41×
Q2 24
1.98×
Q1 24
1.86×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

LFVN
LFVN

Segment breakdown not available.

MVST
MVST

Europe$35.1M36%
CN$32.5M34%
US$21.5M22%
Other$7.2M8%

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