Microvast Holdings (MVST) Change in Inventory (2020 - 2026)
Microvast Holdings (MVST) reported Change in Inventory of -$2.39 million for Q2 2026, compared with $8.73 million a year earlier.
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Analysis
Microvast Holdings (MVST) Change in Inventory (2020 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Microvast Holdings' Change in Inventory came in at -$15.43 million; for FY2025, it came in at -$27.09 million.
- By year, Change in Inventory came in at $546,000 in FY2024 (-99.3%), $74.41 million in FY2023 (+70.3%), $43.69 million in FY2022 (+68.8%) and $25.89 million in FY2021.
- Five-year quarterly Change in Inventory spans a low of -$16.34 million in Q1 2024 and a high of $37.86 million in Q3 2023.
- The high point for year-over-year Change in Inventory in five years was Q4 2023 (growth of 377.2%); the low point was Q3 2024 (a decline of 92.9%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $7 million (Q1 2026), -$9.71 million (Q4 2025) and -$10.33 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn | 814.00 Mn |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn | 26.47 Mn |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn | 162.14 Mn |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn | - |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn | -939,000.00 |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn | - |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn | 14.48 Mn |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn | -5.68 Mn |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn | 5.60 Mn |
| 10 | Microvast Holdings | 246.10 Mn | -203.57 Mn | 25.78 Mn | -2.39 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -2.39 Mn |
| Mar 31, 2026 | 7.00 Mn |
| Dec 31, 2025 | -9.71 Mn |
| Sep 30, 2025 | -10.33 Mn |
| Jun 30, 2025 | 8.73 Mn |
| Mar 31, 2025 | -15.78 Mn |
| Dec 31, 2024 | -3.60 Mn |
| Sep 30, 2024 | 2.69 Mn |
| Jun 30, 2024 | 17.80 Mn |
| Mar 31, 2024 | -16.34 Mn |
| Dec 31, 2023 | 19.93 Mn |
| Sep 30, 2023 | 37.86 Mn |
| Jun 30, 2023 | 9.57 Mn |
| Mar 31, 2023 | 7.04 Mn |
| Dec 31, 2022 | 4.18 Mn |
| Sep 30, 2022 | 23.61 Mn |
| Jun 30, 2022 | 11.03 Mn |
| Mar 31, 2022 | 4.88 Mn |
| Dec 31, 2021 | 10.77 Mn |
| Sep 30, 2021 | -1.01 Mn |
API Access
Microvast Holdings Change in Inventory 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=change-in-inventory&ticker=MVST&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-inventory", "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=change-in-inventory&ticker=MVST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();