Microvast Holdings MVST
NASDAQ MVST
$0.63 +0.00 (+0.13%)
As of: Sep 10, 2026 · 3:59 PM EDT

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

Microvast Holdings (MVST) posted Capital Expenditures of $1.7 million for Q2 2026, down 95.3% on a QoQ basis from $35.6 million in Q1 2026, and down 73.4% year-over-year from $6.3 million in Q2 2025.

Analysis

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

Microvast Holdings has reported Capital Expenditures for 7 years, with the latest figure at $1.7 million in Q2 2026.

  • On a quarterly basis, Capital Expenditures fell 73.4% year-over-year to $1.7 million in Q2 2026; TTM through Jun 2026 was $9.2 million, a 23.06% increase from a year earlier, with the FY2025 full-year figure at $30.2 million, down 34.36% from the prior year.
  • Capital Expenditures was $1.7 million for Q2 2026 at Microvast Holdings, down from $35.6 million in the prior quarter.
  • The five-year high for Capital Expenditures was $92.8 million in Q1 2024, with the low at -$37.4 million in Q3 2024.
  • Average Capital Expenditures over 5 years is $25.1 million, with a median of $30.0 million recorded in 2022.
  • The sharpest annual moves came in 2022 and 2024: Capital Expenditures soared 506.32% in 2022, then sank 162.33% in 2024.
  • Over 5 years, Capital Expenditures stood at $66.2 million in 2022, then sank by 49.8% to $33.2 million in 2023, then slumped by 140.42% to -$13.4 million in 2024, then advanced by 2.67% to -$13.1 million in 2025, then surged by 112.79% to $1.7 million in 2026.
  • The last three Capital Expenditures figures came in at $1.7 million (Q2 2026), $35.6 million (Q1 2026), and -$13.1 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 EnerSys 6.54 Bn 6.01 Bn 313.36 Mn 12.42 Mn
2 QuantumScape 3.20 Bn 3.20 Bn - 4.62 Mn
3 Eos Energy Enterprises 1.35 Bn 1.00 Bn -48.80 Mn 35.41 Mn
4 Fluence Energy 1.34 Bn 769.30 Mn 33.24 Mn 27.31 Mn
5 Energy Vault Holdings 752.49 Mn 645.13 Mn 5.38 Mn 9.15 Mn
6 Enovix 689.37 Mn 689.37 Mn 1.30 Mn 3.55 Mn
7 Amprius Technologies 436.15 Mn 361.63 Mn 9.28 Mn 1.55 Mn
8 Electrovaya 257.13 Mn 244.05 Mn 6.19 Mn -3.15 Mn
9 Microvast Holdings 215.82 Mn 72.70 Mn 25.78 Mn 1.67 Mn
10 Ses Ai 176.50 Mn 176.50 Mn 1.15 Mn 522,000.00
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 1.67 Mn
Mar 31, 2026 35.56 Mn
Dec 31, 2025 -13.07 Mn
Sep 30, 2025 -14.99 Mn
Jun 30, 2025 6.28 Mn
Mar 31, 2025 51.96 Mn
Dec 31, 2024 -13.43 Mn
Sep 30, 2024 -37.36 Mn
Jun 30, 2024 3.95 Mn
Mar 31, 2024 92.82 Mn
Dec 31, 2023 33.21 Mn
Sep 30, 2023 59.94 Mn
Jun 30, 2023 57.71 Mn
Mar 31, 2023 35.92 Mn
Dec 31, 2022 66.16 Mn
Sep 30, 2022 16.81 Mn
Jun 30, 2022 26.85 Mn
Mar 31, 2022 41.06 Mn
Dec 31, 2021 47.14 Mn
Sep 30, 2021 10.86 Mn