Microvast Holdings (MVST) Convertible Debt (2024 - 2026)
Microvast Holdings' Convertible Debt was $26.7 million in Q1 2026, down 56.2% from $61 million a year earlier but up 0.9% from the prior quarter.
Microvast Holdings (MVST) Convertible Debt (2024 - 2026) Analysis & Trends
At the end of FY2025, Convertible Debt at Microvast Holdings came in at $26.45 million, down 74.7% from FY2024.
- In earlier years, Convertible Debt was $104.61 million in FY2024.
- Quarterly Convertible Debt has moved between $13.31 million (Q2 2024) and $104.61 million (Q4 2024) over five years.
- Compared with a year earlier, Convertible Debt was higher in two of the last four quarters, with an average decline of 7.2%.
- Per Business Quant data, MVST's Convertible Debt in the three quarters before Q1 2026 was $26.45 million (Q4 2025), $26.2 million (Q3 2025) and $25.96 million (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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
| Date | Value |
|---|---|
| Mar 31, 2026 | 26.70 Mn |
| Dec 31, 2025 | 26.45 Mn |
| Sep 30, 2025 | 26.20 Mn |
| Jun 30, 2025 | 25.96 Mn |
| Mar 31, 2025 | 61.00 Mn |
| Dec 31, 2024 | 104.61 Mn |
| Sep 30, 2024 | 24.42 Mn |
| Jun 30, 2024 | 13.31 Mn |
Microvast Holdings Convertible Debt 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=convertible-debt&ticker=MVST&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "convertible-debt", "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=convertible-debt&ticker=MVST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();