Microvast Holdings (MVST) Cost of Revenue (2019 - 2025)
Microvast Holdings (MVST) has 7 years of Cost of Revenue data on record, last reported at $76.9 million in Q3 2025.
- For Q3 2025, Cost of Revenue rose 1448.96% year-over-year to $76.9 million; the TTM value through Sep 2025 reached $217.0 million, up 194.26%, while the annual FY2024 figure was $22.6 million, 4.4% down from the prior year.
- Cost of Revenue reached $76.9 million in Q3 2025 per MVST's latest filing, down from $126.3 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $126.3 million in Q2 2025 and bottomed at -$29.1 million in Q3 2021.
- Average Cost of Revenue over 5 years is $30.6 million, with a median of $7.2 million recorded in 2021.
- Peak YoY movement for Cost of Revenue: tumbled 940.86% in 2021, then soared 1448.96% in 2025.
- A 5-year view of Cost of Revenue shows it stood at $7.2 million in 2021, then surged by 770.37% to $62.6 million in 2022, then tumbled by 89.3% to $6.7 million in 2023, then grew by 4.45% to $7.0 million in 2024, then skyrocketed by 998.84% to $76.9 million in 2025.
- Per Business Quant database, its latest 3 readings for Cost of Revenue were $76.9 million in Q3 2025, $126.3 million in Q2 2025, and $6.8 million in Q1 2025.