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

Microvast Holdings (MVST) has reported Construction in Progress for 6 consecutive years, with $240.4 million the latest figure, recorded in Q4 2025.

• In Q4 2025, Construction in Progress rose 22.56% year-over-year to $240.4 million; the TTM figure through Dec 2025 stood at $240.4 million (up 22.56% YoY), while the FY2025 annual figure was $240.4 million, up 22.56% from the prior year.
• Construction in Progress came in at $240.4 million for Q4 2025 at Microvast Holdings, 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.
• Across the five-year window, Construction in Progress surged 101.65% in 2022 and plunged 39.08% in 2024, its largest moves.
• Year by year, Construction in Progress stood at $97.0 million in 2021, then soared by 101.65% to $195.5 million in 2022, then surged by 64.63% to $321.9 million in 2023, then slumped by 39.08% to $196.1 million in 2024, then advanced by 22.56% to $240.4 million in 2025.
• According to Business Quant data, Construction in Progress over the past three periods registered $240.4 million, $196.1 million, and $321.9 million for Q4 2025, Q4 2024, and Q4 2023 respectively.