Microvast Holdings (MVST) Capital Expenditures (2020 - 2026)

Microvast Holdings (MVST) posted quarterly Capital Expenditures of $2.9 million for Q1 2026, up 21.7% year-over-year from $2.3 million in Q1 2025, and up 344.01% on a QoQ basis from $643000.0 in Q4 2025.

Microvast Holdings (MVST) Capital Expenditures (2020 - 2026) Analysis & Trends

Microvast Holdings (MVST) has reported Capital Expenditures for 7 consecutive years, with $2.9 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Capital Expenditures rose 21.7% year-over-year to $2.9 million; the TTM figure through Mar 2026 stood at $20.3 million (down 46.59% YoY), while the FY2025 annual figure was $19.8 million, down 56.87% from the prior year.
  • Capital Expenditures came in at $2.9 million for Q1 2026 at Microvast Holdings, up from $643000.0 in the prior quarter.
  • The five-year high for Capital Expenditures was $66.2 million in Q4 2022, with the low at -$17.8 million in Q3 2023.
  • Average Capital Expenditures over 5 years is $18.6 million, with a median of $14.0 million recorded in 2025.
  • Across the five-year window, Capital Expenditures surged 506.32% in 2022 and slumped 206.2% in 2023, its largest moves.
  • Year by year, Capital Expenditures stood at $66.2 million in 2022, then plunged by 68.91% to $20.6 million in 2023, then tumbled by 165.27% to -$13.4 million in 2024, then jumped by 104.79% to $643000.0 in 2025, then soared by 344.01% to $2.9 million in 2026.
  • According to Business Quant data, Capital Expenditures over the past three periods registered $2.9 million, $643000.0, and $14.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capex (Qtr)
1 Advance Auto Parts 65.13 Bn 62.01 Bn 869.00 Mn 93.00 Mn
2 Autozone 53.07 Bn 52.82 Bn 2.52 Bn 345.51 Mn
3 Magna International 17.54 Bn 16.29 Bn 1.42 Bn -219.00 Mn
4 Genuine Parts 16.15 Bn 15.67 Bn 2.34 Bn 97.55 Mn
5 Aurora Innovation 13.77 Bn 12.55 Bn -5.00 Mn 25.00 Mn
6 Borgwarner 13.21 Bn 13.37 Bn 677.00 Mn 143.00 Mn
7 Aptiv 12.84 Bn 9.76 Bn 920.00 Mn 219.00 Mn
8 Autoliv 8.73 Bn 8.37 Bn 526.00 Mn 85.00 Mn
9 Modine Manufacturing 8.68 Bn 8.59 Bn 186.10 Mn 41.80 Mn
10 Microvast Holdings 398.83 Mn 224.83 Mn 19.16 Mn 2.86 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 2.86 Mn
Mar 31, 2026 2.86 Mn
Dec 31, 2025 643,000.00
Dec 31, 2025 643,000.00
Sep 30, 2025 13.98 Mn
Sep 30, 2025 13.98 Mn
Jun 30, 2025 2.86 Mn
Jun 30, 2025 2.86 Mn
Mar 31, 2025 2.35 Mn
Mar 31, 2025 2.35 Mn
Dec 31, 2024 -13.43 Mn
Dec 31, 2024 -13.43 Mn
Sep 30, 2024 46.22 Mn
Sep 30, 2024 46.22 Mn
Jun 30, 2024 2.95 Mn
Jun 30, 2024 2.95 Mn
Mar 31, 2024 10.24 Mn
Mar 31, 2024 10.24 Mn
Dec 31, 2023 20.57 Mn
Dec 31, 2023 20.57 Mn