Microvast Holdings (MVST) Cash & Equivalents (2018 - 2026)
Microvast Holdings (MVST) reported Cash & Equivalents of $127.83 million for Q2 2026, up 28.2% from $99.72 million a year earlier and up 1.3% from the prior quarter.
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Analysis
Microvast Holdings (MVST) Cash & Equivalents (2018 - 2026) Analysis & Trends
At the end of FY2025, Microvast Holdings posted Cash & Equivalents of $104.96 million, up 43.8% from FY2024.
- Cash & Equivalents has a five-year compound annual growth rate of 37.3% (FY2020 to FY2025).
- By year, Cash & Equivalents came in at $73.01 million in FY2024 (+63.9%), $44.54 million in FY2023 (-80.8%), $231.42 million in FY2022 (-51.9%) and $480.93 million in FY2021.
- The Q2 2026 figure ranks as the highest quarterly Cash & Equivalents since Q2 2023.
- Year over year, Cash & Equivalents has now increased in each of the last seven quarters, with growth averaging 48.5% over the last eight quarters.
- The high point for year-over-year Cash & Equivalents in five years was Q1 2025 (growth of 130.4%); the low point was Q4 2023 (a decline of 80.8%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $126.13 million (Q1 2026), $104.96 million (Q4 2025) and $90.75 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash & Equiv. (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 263.36 Bn | 224.44 Bn | 2.36 Bn | 13.12 Bn |
| 2 | Bloom Energy | 84.85 Bn | 76.67 Bn | 355.57 Mn | 2.67 Bn |
| 3 | First Solar | 18.77 Bn | 9.72 Bn | 605.00 Mn | 1.69 Bn |
| 4 | Generac Holdings | 12.79 Bn | 11.62 Bn | 521.81 Mn | 264.92 Mn |
| 5 | Nextpower | 12.78 Bn | 8.68 Bn | 335.85 Mn | 1.21 Bn |
| 6 | BWX Technologies | 12.36 Bn | 10.66 Bn | 202.31 Mn | 608.20 Mn |
| 7 | EnerSys | 7.13 Bn | 5.32 Bn | 313.36 Mn | 530.66 Mn |
| 8 | Enphase Energy | 4.42 Bn | -436.70 Mn | 175.01 Mn | 529.34 Mn |
| 9 | Mirion Technologies | 3.57 Bn | 1.46 Bn | 133.10 Mn | 418.70 Mn |
| 10 | Microvast Holdings | 246.10 Mn | -203.57 Mn | 25.78 Mn | 127.83 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 127.83 Mn |
| Mar 31, 2026 | 126.13 Mn |
| Dec 31, 2025 | 104.96 Mn |
| Sep 30, 2025 | 90.75 Mn |
| Jun 30, 2025 | 99.72 Mn |
| Mar 31, 2025 | 90.90 Mn |
| Dec 31, 2024 | 73.01 Mn |
| Sep 30, 2024 | 63.59 Mn |
| Jun 30, 2024 | 68.18 Mn |
| Mar 31, 2024 | 39.45 Mn |
| Dec 31, 2023 | 44.54 Mn |
| Sep 30, 2023 | 67.40 Mn |
| Jun 30, 2023 | 142.77 Mn |
| Mar 31, 2023 | 200.31 Mn |
| Dec 31, 2022 | 231.42 Mn |
| Sep 30, 2022 | 295.82 Mn |
| Jun 30, 2022 | 333.87 Mn |
| Mar 31, 2022 | 416.17 Mn |
| Dec 31, 2021 | 480.93 Mn |
| Sep 30, 2021 | 572.61 Mn |
API Access
Microvast Holdings Cash & Equivalents API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-and-equivalents&ticker=MVST&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-and-equivalents", "ticker": "MVST", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cash-and-equivalents&ticker=MVST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();