Microvast Holdings (MVST) Construction in Progress (2020 - 2025)
Microvast Holdings (MVST) posted Construction in Progress of $240.35 million for Q4 2025, up 22.6% from $196.11 million a year earlier.
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Analysis
Microvast Holdings (MVST) Construction in Progress (2020 - 2025) Analysis & Trends
Since Q4 2020, Microvast Holdings has reported Construction in Progress for 6 quarters.
- Annual Construction in Progress shows a five-year compound annual growth rate of 33.2% (FY2020 to FY2025).
- In prior years, Microvast Holdings' Construction in Progress was $196.11 million in FY2024 (-39.1%), $321.91 million in FY2023 (+64.6%), $195.54 million in FY2022 (+101.6%) and $96.97 million in FY2021 (+69.0%).
- The Q4 2025 figure stands as the highest quarterly Construction in Progress since Q4 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn | - |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn | - |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 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 | - |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn | - |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn | - |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn | - |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn | - |
| 10 | Microvast Holdings | 246.10 Mn | -203.57 Mn | 25.78 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 240.35 Mn |
| Dec 31, 2024 | 196.11 Mn |
| Dec 31, 2023 | 321.91 Mn |
| Dec 31, 2022 | 195.54 Mn |
| Dec 31, 2021 | 96.97 Mn |
| Dec 31, 2020 | 57.40 Mn |
API Access
Microvast Holdings Construction in Progress 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=construction-in-progress&ticker=MVST&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "construction-in-progress", "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=construction-in-progress&ticker=MVST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();