Growth Metrics

Microvast Holdings (MVST) Construction in Progress (2020 - 2025)

Microvast Holdings' quarterly Construction in Progress came in at $240.4 million in Q4 2025, up 22.56% year-on-year from $196.1 million in Q4 2024, and up 22.56% quarter-over-quarter from $196.1 million in Q4 2024.

Microvast Holdings has reported Construction in Progress for 6 years, with the latest figure at $240.4 million in Q4 2025.

  • For the quarter ending Q4 2025, Construction in Progress rose 22.56% year-over-year to $240.4 million; the trailing twelve-month figure through Dec 2025 stood at $240.4 million (up 22.56% YoY), and the FY2025 full-year result was $240.4 million, up 22.56% from the prior year.
  • Construction in Progress for Q4 2025 stood at $240.4 million, up from $196.1 million in the prior quarter.
  • The five-year high for Construction in Progress was $321.9 million in Q4 2023, with the low at $97.0 million in Q4 2021.
  • Average Construction in Progress over 5 years is $210.2 million, with a median of $196.1 million recorded in 2024.
  • Year-over-year, Construction in Progress jumped 101.65% in 2022 and tumbled 39.08% in 2024.
  • Tracing MVST's Construction in Progress over 5 years: stood at $97.0 million in 2021, then jumped by 101.65% to $195.5 million in 2022, then soared by 64.63% to $321.9 million in 2023, then plunged by 39.08% to $196.1 million in 2024, then rose by 22.56% to $240.4 million in 2025.
  • The last three Construction in Progress figures came in at $240.4 million (Q4 2025), $196.1 million (Q4 2024), and $321.9 million (Q4 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Construction in Progress (Qtr)
1 O Reilly Automotive 77.46 Bn 77.21 Bn 2.35 Bn -
2 Autozone 56.88 Bn 56.59 Bn 2.24 Bn -
3 Genuine Parts 13.45 Bn 12.97 Bn 2.34 Bn -
4 Modine Manufacturing 13.16 Bn 13.07 Bn 186.10 Mn -
5 Borgwarner 13.07 Bn 13.23 Bn 677.00 Mn -
6 Aptiv 11.89 Bn 8.82 Bn 920.00 Mn -
7 Magna International 10.79 Bn 9.60 Bn 1.42 Bn -
8 Allison Transmission Holdings 9.02 Bn 8.71 Bn 406.00 Mn -
9 Autoliv 9.01 Bn 8.66 Bn 526.00 Mn -
10 Microvast Holdings 458.66 Mn 284.66 Mn 19.16 Mn -

Historic Data

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DateValue
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