Microvast Holdings (MVST) Current Deferred Revenue (2020 - 2026)
Microvast Holdings' Current Deferred Revenue was $4.49 million in Q3 2026, down 20.9% from $5.68 million a year earlier and down 10.0% from the prior quarter.
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Analysis
Microvast Holdings (MVST) Current Deferred Revenue (2020 - 2026) Analysis & Trends
At the end of FY2025, Current Deferred Revenue at Microvast Holdings came in at $5.61 million, down 87.2% from FY2024.
- Current Deferred Revenue shows a five-year compound annual growth rate of 18.0% (FY2020 to FY2025).
- In earlier years, Current Deferred Revenue was $43.68 million in FY2024 (+1.4%), $43.09 million in FY2023 (-20.5%), $54.21 million in FY2022 and $1.53 million in FY2021 (-37.6%).
- The Q3 2026 figure marks the lowest quarterly Current Deferred Revenue since Q1 2022.
- Compared with a year earlier, Current Deferred Revenue has declined for five straight quarters, with an average decline of 44.7% over the last eight quarters.
- The best year-over-year quarter for Current Deferred Revenue over five years was Q3 2023 (growth of 726.9%); the worst was Q2 2026 (a decline of 88.0%).
- Per Business Quant data, MVST's Current Deferred Revenue in the three quarters before Q3 2026 was $4.99 million (Q2 2026), $6.66 million (Q1 2026) and $5.61 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 212.47 Bn | 164.72 Bn | 3.11 Bn |
| 2 | Bloom Energy | 56.73 Bn | 46.66 Bn | 417.10 Mn |
| 3 | First Solar | 18.42 Bn | 9.79 Bn | 713.06 Mn |
| 4 | Nextpower | 14.32 Bn | 10.03 Bn | 345.32 Mn |
| 5 | BWX Technologies | 11.27 Bn | 9.04 Bn | 227.14 Mn |
| 6 | Generac Holdings | 11.25 Bn | 9.99 Bn | 516.04 Mn |
| 7 | Innio | 10.93 Bn | 7.17 Bn | 367.70 Mn |
| 8 | EnerSys | 5.13 Bn | 3.44 Bn | 284.35 Mn |
| 9 | Mirion Technologies | 4.30 Bn | 2.71 Bn | 131.50 Mn |
| 10 | Microvast Holdings | 84.60 Mn | -359.15 Mn | 2.40 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 4.49 Mn |
| 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 |
API Access
Microvast Holdings Current Deferred Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=current-deferred-revenue&ticker=MVST&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-deferred-revenue", "ticker": "MVST", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=current-deferred-revenue&ticker=MVST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();