Microvast Holdings (MVST) Capital Expenditures (2020 - 2026)
Microvast Holdings (MVST) posted quarterly Capital Expenditures of $35.6 million for Q1 2026, up 2461.96% year-over-year from $1.4 million in Q1 2025, and up 279.41% quarter-over-quarter from -$19.8 million in Q4 2025.
Microvast Holdings (MVST) Capital Expenditures (2020 - 2026) Analysis & Trends
Microvast Holdings' Capital Expenditures history runs 7 years deep, the most recent figure standing at $35.6 million for Q1 2026.
- In Q1 2026, Capital Expenditures rose 2461.96% year-over-year to $35.6 million; the TTM figure through Mar 2026 stood at $33.5 million (up 525.67% YoY), while the FY2025 annual figure was -$629000.0, down 164.65% from the prior year.
- Capital Expenditures for Q1 2026 stood at $35.6 million, up from -$19.8 million in the prior quarter.
- The five-year high for Capital Expenditures was $95.7 million in Q4 2023, with the low at -$58.4 million in Q4 2024.
- The 5-year median for Capital Expenditures is $852000.0 (2023), against an average of $9.5 million.
- The sharpest annual moves came in 2023 and 2024: Capital Expenditures plunged 664.71% in 2023, then jumped 5325.12% in 2024.
- Microvast Holdings' Capital Expenditures stood at $29.4 million in 2022, then jumped by 225.51% to $95.7 million in 2023, then sank by 161.06% to -$58.4 million in 2024, then surged by 66.08% to -$19.8 million in 2025, then soared by 279.41% to $35.6 million in 2026.
- Business Quant data shows MVST's Capital Expenditures at $35.6 million in Q1 2026, -$19.8 million in Q4 2025, and $19.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 73.55 Bn | 73.29 Bn | 2.52 Bn | 307.60 Mn |
| 2 | Autozone | 48.72 Bn | 48.46 Bn | 2.52 Bn | 345.51 Mn |
| 3 | Magna International | 20.02 Bn | 18.59 Bn | 1.61 Bn | -269.00 Mn |
| 4 | Genuine Parts | 18.44 Bn | 17.88 Bn | 2.47 Bn | 107.84 Mn |
| 5 | Borgwarner | 13.74 Bn | 11.29 Bn | 721.00 Mn | 96.00 Mn |
| 6 | Allison Transmission Holdings | 11.11 Bn | 10.71 Bn | 515.00 Mn | 31.00 Mn |
| 7 | Modine Manufacturing | 10.43 Bn | 10.36 Bn | - | - |
| 8 | Aptiv | 10.21 Bn | 9.45 Bn | 775.00 Mn | 59.00 Mn |
| 9 | Autoliv | 9.27 Bn | 8.90 Bn | 509.00 Mn | 95.00 Mn |
| 10 | Microvast Holdings | 282.20 Mn | 139.07 Mn | 25.78 Mn | 1.67 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.67 Mn |
| Jun 30, 2026 | 1.67 Mn |
| Mar 31, 2026 | 35.56 Mn |
| Mar 31, 2026 | 35.56 Mn |
| Dec 31, 2025 | -19.82 Mn |
| Dec 31, 2025 | -19.82 Mn |
| Sep 30, 2025 | 19.50 Mn |
| Sep 30, 2025 | 19.50 Mn |
| Jun 30, 2025 | -1.70 Mn |
| Jun 30, 2025 | -1.70 Mn |
| Mar 31, 2025 | 1.39 Mn |
| Mar 31, 2025 | 1.39 Mn |
| Dec 31, 2024 | -58.44 Mn |
| Dec 31, 2024 | -58.44 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 |