Microvast Holdings (MVST) Convertible Debt (2024 - 2026)

Microvast Holdings (MVST) posted quarterly Convertible Debt of $26.7 million for Q1 2026, down 56.23% year-over-year from $61.0 million in Q1 2025, and up 0.93% on a QoQ basis from $26.5 million in Q4 2025.

Microvast Holdings (MVST) Convertible Debt (2024 - 2026) Analysis & Trends

Microvast Holdings (MVST) has reported Convertible Debt for 3 consecutive years, with $26.7 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Convertible Debt fell 56.23% year-over-year to $26.7 million; the TTM figure through Mar 2026 stood at $26.7 million (down 56.23% YoY), while the FY2025 annual figure was $26.5 million, down 74.71% from the prior year.
  • Convertible Debt came in at $26.7 million for Q1 2026 at Microvast Holdings, up from $26.5 million in the prior quarter.
  • The five-year high for Convertible Debt was $104.6 million in Q4 2024, with the low at $13.3 million in Q2 2024.
  • Average Convertible Debt over 3 years is $42.7 million, with a median of $26.6 million recorded in 2025.
  • Across the five-year window, Convertible Debt slumped 74.71% in 2025 and tumbled 56.23% in 2026, its largest moves.
  • Year by year, Convertible Debt stood at $104.6 million in 2024, then plunged by 74.71% to $26.5 million in 2025, then rose by 0.93% to $26.7 million in 2026.
  • According to Business Quant data, Convertible Debt over the past three periods registered $26.7 million, $26.5 million, and $61.0 million for Q1 2026, Q4 2025, and Q1 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Advance Auto Parts 65.13 Bn 62.01 Bn 869.00 Mn
2 Autozone 53.07 Bn 52.82 Bn 2.52 Bn
3 Magna International 17.54 Bn 16.29 Bn 1.42 Bn
4 Genuine Parts 16.15 Bn 15.67 Bn 2.34 Bn
5 Aurora Innovation 13.77 Bn 12.55 Bn -5.00 Mn
6 Borgwarner 13.21 Bn 13.37 Bn 677.00 Mn
7 Aptiv 12.84 Bn 9.76 Bn 920.00 Mn
8 Autoliv 8.73 Bn 8.37 Bn 526.00 Mn
9 Modine Manufacturing 8.68 Bn 8.59 Bn 186.10 Mn
10 Microvast Holdings 398.83 Mn 224.83 Mn 19.16 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 26.70 Mn
Dec 31, 2025 26.45 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