Microvast Holdings (MVST) Current Deferred Revenue (2020 - 2026)
Microvast Holdings (MVST) posted Current Deferred Revenue of $5.0 million for Q2 2026, down 25.09% on a QoQ basis from $6.7 million in Q1 2026, and down 87.99% year-over-year from $41.5 million in Q2 2025.
Analysis
Microvast Holdings (MVST) Current Deferred Revenue (2020 - 2026) Analysis & Trends
Microvast Holdings has reported Current Deferred Revenue for 7 years, with the latest figure at $5.0 million in Q2 2026.
- On a quarterly basis, Current Deferred Revenue fell 87.99% year-over-year to $5.0 million in Q2 2026; TTM through Jun 2026 was $5.0 million, a 87.99% decrease from a year earlier, with the FY2025 full-year figure at $5.6 million, down 87.17% from the prior year.
- Current Deferred Revenue was $5.0 million for Q2 2026 at Microvast Holdings, down from $6.7 million in the prior quarter.
- The five-year high for Current Deferred Revenue was $54.5 million in Q3 2023, with the low at $3.6 million in Q1 2022.
- Average Current Deferred Revenue over 5 years is $30.6 million, with a median of $41.4 million recorded in 2024.
- The sharpest annual moves came in 2022 and 2026: Current Deferred Revenue surged 3452.23% in 2022, then slumped 87.99% in 2026.
- Over 5 years, Current Deferred Revenue stood at $54.2 million in 2022, then fell by 20.51% to $43.1 million in 2023, then grew by 1.37% to $43.7 million in 2024, then plunged by 87.17% to $5.6 million in 2025, then fell by 10.95% to $5.0 million in 2026.
- The last three Current Deferred Revenue figures came in at $5.0 million (Q2 2026), $6.7 million (Q1 2026), and $5.6 million (Q4 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
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.99 Mn |
| Mar 31, 2026 | 6.66 Mn |
| Dec 31, 2025 | 5.61 Mn |
| Sep 30, 2025 | 5.68 Mn |
| Jun 30, 2025 | 41.54 Mn |
| Mar 31, 2025 | 44.20 Mn |
| Dec 31, 2024 | 43.68 Mn |
| Sep 30, 2024 | 42.95 Mn |
| Jun 30, 2024 | 40.81 Mn |
| Mar 31, 2024 | 41.28 Mn |
| Dec 31, 2023 | 43.09 Mn |
| Sep 30, 2023 | 54.48 Mn |
| Jun 30, 2023 | 53.06 Mn |
| Mar 31, 2023 | 53.06 Mn |
| Dec 31, 2022 | 54.21 Mn |
| Sep 30, 2022 | 6.59 Mn |
| Jun 30, 2022 | 4.56 Mn |
| Mar 31, 2022 | 3.60 Mn |
| Dec 31, 2021 | 1.53 Mn |
| Sep 30, 2021 | 2.34 Mn |