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Microvast Holdings (MVST) Cost of Revenue (2019 - 2025)

Historic Cost of Revenue for Microvast Holdings (MVST) over the last 7 years, with Q3 2025 value amounting to $76.9 million.

  • Microvast Holdings' Cost of Revenue rose 1342.51% to $76.9 million in Q3 2025 from the same period last year, while for Sep 2025 it was $281.8 million, marking a year-over-year increase of 440.85%. This contributed to the annual value of $260.2 million for FY2024, which is 435.42% up from last year.
  • Per Microvast Holdings' latest filing, its Cost of Revenue stood at $76.9 million for Q3 2025, which was up 1342.51% from $59.6 million recorded in Q2 2025.
  • Microvast Holdings' Cost of Revenue's 5-year high stood at $81.6 million during Q4 2023, with a 5-year trough of $16.2 million in Q1 2021.
  • For the 5-year period, Microvast Holdings' Cost of Revenue averaged around $58.4 million, with its median value being $62.6 million (2022).
  • As far as peak fluctuations go, Microvast Holdings' Cost of Revenue surged by 16880.52% in 2021, and later tumbled by 4967.92% in 2022.
  • Quarter analysis of 5 years shows Microvast Holdings' Cost of Revenue stood at $65.6 million in 2021, then dropped by 4.64% to $62.6 million in 2022, then skyrocketed by 30.33% to $81.6 million in 2023, then dropped by 11.87% to $71.9 million in 2024, then rose by 6.97% to $76.9 million in 2025.
  • Its Cost of Revenue stands at $76.9 million for Q3 2025, versus $59.6 million for Q2 2025 and $73.5 million for Q1 2025.