Microvast Holdings MVST
NASDAQ MVST
$0.63 +0.00 (+0.13%)
As of: Sep 10, 2026 · 3:59 PM EDT

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

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

Analysis

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

Microvast Holdings has reported Convertible Debt for 3 years, with the latest figure at $26.7 million in Q1 2026.

  • On a quarterly basis, Convertible Debt fell 56.23% year-over-year to $26.7 million in Q1 2026; TTM through Mar 2026 was $26.7 million, a 56.23% decrease from a year earlier, with the FY2025 full-year figure at $26.5 million, down 74.71% from the prior year.
  • Convertible Debt was $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 $38.6 million, with a median of $26.3 million recorded in 2025.
  • The largest YoY upside for Convertible Debt was 95.0% in 2025 against a maximum downside of 74.71% in 2025.
  • Over 3 years, Convertible Debt stood at $104.6 million in 2024, then slumped by 74.71% to $26.5 million in 2025, then grew by 0.93% to $26.7 million in 2026.
  • The last three Convertible Debt figures came in at $26.7 million (Q1 2026), $26.5 million (Q4 2025), and $26.2 million (Q3 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 EnerSys 6.54 Bn 6.01 Bn 313.36 Mn
2 QuantumScape 3.20 Bn 3.20 Bn -
3 Eos Energy Enterprises 1.35 Bn 1.00 Bn -48.80 Mn
4 Fluence Energy 1.34 Bn 769.30 Mn 33.24 Mn
5 Energy Vault Holdings 752.49 Mn 645.13 Mn 5.38 Mn
6 Enovix 689.37 Mn 689.37 Mn 1.30 Mn
7 Amprius Technologies 436.15 Mn 361.63 Mn 9.28 Mn
8 Electrovaya 257.13 Mn 244.05 Mn 6.19 Mn
9 Microvast Holdings 215.82 Mn 72.70 Mn 25.78 Mn
10 Ses Ai 176.50 Mn 176.50 Mn 1.15 Mn
Historic Data

Historic Data

Download Data
DateValue
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