Microvast Holdings (MVST) Change in Inventory (2020 - 2026)
Microvast Holdings (MVST) reported Change in Inventory of $13.55 million for Q3 2026, compared with -$10.33 million a year earlier.
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Analysis
Microvast Holdings (MVST) Change in Inventory (2020 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Microvast Holdings' Change in Inventory came in at $8.46 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.
- The Q3 2026 figure ranks as the highest quarterly Change in Inventory since Q2 2024.
- 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 Q3 2026 came in at -$2.39 million (Q2 2026), $7 million (Q1 2026) and -$9.71 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 212.47 Bn | 164.72 Bn | 3.11 Bn | 308.00 Mn |
| 2 | Bloom Energy | 56.73 Bn | 46.66 Bn | 417.10 Mn | 170.40 Mn |
| 3 | First Solar | 18.42 Bn | 9.79 Bn | 713.06 Mn | 43.04 Mn |
| 4 | Nextpower | 14.32 Bn | 10.03 Bn | 345.32 Mn | - |
| 5 | BWX Technologies | 11.27 Bn | 9.04 Bn | 227.14 Mn | - |
| 6 | Generac Holdings | 11.25 Bn | 9.99 Bn | 516.04 Mn | 55.12 Mn |
| 7 | Innio | 10.93 Bn | 7.17 Bn | 367.70 Mn | 104.90 Mn |
| 8 | EnerSys | 5.13 Bn | 3.44 Bn | 284.35 Mn | -48.23 Mn |
| 9 | Mirion Technologies | 4.30 Bn | 2.71 Bn | 131.50 Mn | 1.30 Mn |
| 10 | Microvast Holdings | 84.60 Mn | -359.15 Mn | 2.40 Mn | 13.55 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 13.55 Mn |
| 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 |
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();