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

Regional Management Corp. is the larger business by last-quarter revenue ($167.3M vs $96.4M, roughly 1.7× Microvast Holdings, Inc.). Microvast Holdings, Inc. runs the higher net margin — 17.2% vs 6.8%, a 10.3% gap on every dollar of revenue. On growth, Regional Management Corp. posted the faster year-over-year revenue change (9.4% vs -15.0%). Over the past eight quarters, Microvast Holdings, Inc.'s revenue compounded faster (8.9% CAGR vs 8.2%).

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.

Millennium Management LLC is an investment management firm with a multistrategy hedge fund offering. It is one of the world's largest alternative asset management firms with $83.4 billion assets under management as of January 2026. The firm operates in America, Europe and Asia. As of 2022, Millennium had posted the fourth highest net gains of any hedge fund since its inception in 1989.

MVST vs RM — Head-to-Head

Bigger by revenue
RM
RM
1.7× larger
RM
$167.3M
$96.4M
MVST
Growing faster (revenue YoY)
RM
RM
+24.3% gap
RM
9.4%
-15.0%
MVST
Higher net margin
MVST
MVST
10.3% more per $
MVST
17.2%
6.8%
RM
Faster 2-yr revenue CAGR
MVST
MVST
Annualised
MVST
8.9%
8.2%
RM

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
MVST
MVST
RM
RM
Revenue
$96.4M
$167.3M
Net Profit
$16.5M
$11.4M
Gross Margin
1.0%
Operating Margin
-42.7%
Net Margin
17.2%
6.8%
Revenue YoY
-15.0%
9.4%
Net Profit YoY
120.1%
62.7%
EPS (diluted)
$0.19
$1.18

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
MVST
MVST
RM
RM
Q1 26
$167.3M
Q4 25
$96.4M
$169.7M
Q3 25
$123.3M
$165.5M
Q2 25
$91.3M
$157.4M
Q1 25
$116.5M
$153.0M
Q4 24
$113.4M
$154.8M
Q3 24
$101.4M
$146.3M
Q2 24
$83.7M
$143.0M
Net Profit
MVST
MVST
RM
RM
Q1 26
$11.4M
Q4 25
$16.5M
$12.9M
Q3 25
$-1.5M
$14.4M
Q2 25
$-106.1M
$10.1M
Q1 25
$61.8M
$7.0M
Q4 24
$-82.3M
$9.9M
Q3 24
$13.2M
$7.7M
Q2 24
$-101.6M
$8.4M
Gross Margin
MVST
MVST
RM
RM
Q1 26
Q4 25
1.0%
Q3 25
37.6%
Q2 25
34.7%
Q1 25
36.9%
Q4 24
36.6%
Q3 24
33.2%
Q2 24
32.5%
Operating Margin
MVST
MVST
RM
RM
Q1 26
Q4 25
-42.7%
9.5%
Q3 25
10.5%
11.5%
Q2 25
17.8%
8.6%
Q1 25
16.3%
6.0%
Q4 24
-1.2%
8.2%
Q3 24
7.1%
6.9%
Q2 24
-118.0%
7.8%
Net Margin
MVST
MVST
RM
RM
Q1 26
6.8%
Q4 25
17.2%
7.6%
Q3 25
-1.2%
8.7%
Q2 25
-116.1%
6.4%
Q1 25
53.0%
4.6%
Q4 24
-72.6%
6.4%
Q3 24
13.1%
5.2%
Q2 24
-121.4%
5.9%
EPS (diluted)
MVST
MVST
RM
RM
Q1 26
$1.18
Q4 25
$0.19
$1.30
Q3 25
$0.00
$1.42
Q2 25
$-0.33
$1.03
Q1 25
$0.05
$0.70
Q4 24
$-0.24
$0.96
Q3 24
$0.03
$0.76
Q2 24
$-0.32
$0.86

Balance Sheet & Financial Strength

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

Metric
MVST
MVST
RM
RM
Cash + ST InvestmentsLiquidity on hand
$105.0M
Total DebtLower is stronger
$13.2M
Stockholders' EquityBook value
$410.5M
$375.8M
Total Assets
$1.0B
$2.1B
Debt / EquityLower = less leverage
0.03×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MVST
MVST
RM
RM
Q1 26
Q4 25
$105.0M
Q3 25
$90.7M
Q2 25
$99.7M
Q1 25
$90.9M
Q4 24
$73.0M
Q3 24
$63.6M
Q2 24
$68.2M
Total Debt
MVST
MVST
RM
RM
Q1 26
Q4 25
$13.2M
$1.6B
Q3 25
$34.4M
$1.6B
Q2 25
$34.2M
$1.5B
Q1 25
$41.3M
$1.5B
Q4 24
$41.1M
$1.5B
Q3 24
$53.4M
$1.4B
Q2 24
$34.2M
$1.4B
Stockholders' Equity
MVST
MVST
RM
RM
Q1 26
$375.8M
Q4 25
$410.5M
$373.1M
Q3 25
$358.1M
$371.9M
Q2 25
$356.1M
$363.0M
Q1 25
$454.2M
$357.9M
Q4 24
$387.9M
$357.1M
Q3 24
$486.1M
$352.9M
Q2 24
$455.0M
$344.9M
Total Assets
MVST
MVST
RM
RM
Q1 26
$2.1B
Q4 25
$1.0B
$2.1B
Q3 25
$1.0B
$2.0B
Q2 25
$1.0B
$2.0B
Q1 25
$982.9M
$1.9B
Q4 24
$951.9M
$1.9B
Q3 24
$997.9M
$1.8B
Q2 24
$961.4M
$1.8B
Debt / Equity
MVST
MVST
RM
RM
Q1 26
Q4 25
0.03×
4.40×
Q3 25
0.10×
4.23×
Q2 25
0.10×
4.14×
Q1 25
0.09×
4.11×
Q4 24
0.11×
4.12×
Q3 24
0.11×
3.94×
Q2 24
0.08×
3.98×

Cash Flow & Capital Efficiency

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

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

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MVST
MVST
RM
RM
Q1 26
Q4 25
$16.4M
$309.1M
Q3 25
$15.2M
$86.7M
Q2 25
$37.2M
$78.7M
Q1 25
$7.2M
$63.7M
Q4 24
$6.1M
$268.9M
Q3 24
$-5.4M
$75.1M
Q2 24
$111.0K
$71.5M
Free Cash Flow
MVST
MVST
RM
RM
Q1 26
Q4 25
$15.8M
$304.3M
Q3 25
$1.2M
$85.7M
Q2 25
$34.3M
$77.6M
Q1 25
$4.8M
$62.4M
Q4 24
$5.7M
$263.9M
Q3 24
$-19.6M
$73.8M
Q2 24
$-2.8M
$70.3M
FCF Margin
MVST
MVST
RM
RM
Q1 26
Q4 25
16.4%
179.3%
Q3 25
1.0%
51.8%
Q2 25
37.5%
49.3%
Q1 25
4.1%
40.8%
Q4 24
5.1%
170.4%
Q3 24
-19.3%
50.4%
Q2 24
-3.4%
49.1%
Capex Intensity
MVST
MVST
RM
RM
Q1 26
Q4 25
0.7%
2.8%
Q3 25
11.3%
0.6%
Q2 25
3.1%
0.6%
Q1 25
2.0%
0.8%
Q4 24
0.3%
3.3%
Q3 24
14.0%
0.9%
Q2 24
3.5%
0.8%
Cash Conversion
MVST
MVST
RM
RM
Q1 26
Q4 25
0.99×
23.94×
Q3 25
6.04×
Q2 25
7.76×
Q1 25
0.12×
9.09×
Q4 24
27.13×
Q3 24
-0.41×
9.80×
Q2 24
8.47×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MVST
MVST

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

RM
RM

Segment breakdown not available.

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