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| Date | Value |
|---|---|
| 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 |