Microvast Holdings (MVST) Cash & Equivalents (2018 - 2026)
Microvast Holdings (MVST) reported Cash & Equivalents of $84.83 million for Q3 2026, down 6.5% from $90.75 million a year earlier and down 33.6% 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 Q3 2026 figure ranks as the lowest quarterly Cash & Equivalents since Q4 2024.
- Year over year, Cash & Equivalents gained in seven of the last eight quarters, with growth averaging 48.4%.
- 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 Q3 2026 came in at $127.83 million (Q2 2026), $126.13 million (Q1 2026) and $104.96 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash & Equiv. (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 212.47 Bn | 164.72 Bn | 3.11 Bn | 16.76 Bn |
| 2 | Bloom Energy | 56.73 Bn | 46.66 Bn | 417.10 Mn | 2.49 Bn |
| 3 | First Solar | 18.42 Bn | 9.79 Bn | 713.06 Mn | 1.58 Bn |
| 4 | Nextpower | 14.32 Bn | 10.03 Bn | 345.32 Mn | 1.03 Bn |
| 5 | BWX Technologies | 11.27 Bn | 9.04 Bn | 227.14 Mn | 568.53 Mn |
| 6 | Generac Holdings | 11.25 Bn | 9.99 Bn | 516.04 Mn | 393.67 Mn |
| 7 | Innio | 10.93 Bn | 7.17 Bn | 367.70 Mn | 1.20 Bn |
| 8 | EnerSys | 5.13 Bn | 3.44 Bn | 284.35 Mn | 275.50 Mn |
| 9 | Mirion Technologies | 4.30 Bn | 2.71 Bn | 131.50 Mn | 408.70 Mn |
| 10 | Microvast Holdings | 84.60 Mn | -359.15 Mn | 2.40 Mn | 84.83 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 84.83 Mn |
| 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 |
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();