Microvast Holdings (MVST) Depreciation and Depletion (2020 - 2026)
Microvast Holdings' Depreciation and Depletion was $8.61 million in Q3 2026, up 6.6% from $8.08 million a year earlier and up 6.6% from the prior quarter.
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Analysis
Microvast Holdings (MVST) Depreciation and Depletion (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, Microvast Holdings' Depreciation and Depletion was $32.96 million through Sep 30, 2026, up 3.7% year-over-year; for FY2025, it was $32.36 million, up 7.7% from FY2024.
- Depreciation and Depletion has now increased for three consecutive years, with a five-year compound annual growth rate of 15.0% (FY2020 to FY2025).
- In earlier years, Depreciation and Depletion was $30.06 million in FY2024 (+35.8%), $22.14 million in FY2023 (+11.8%), $19.81 million in FY2022 (-0.8%) and $19.98 million in FY2021 (+24.1%).
- The Q3 2026 figure marks the highest quarterly Depreciation and Depletion in data going back to Q4 2020.
- Compared with a year earlier, Depreciation and Depletion was higher in seven of the last eight quarters, with growth averaging 5.0%.
- The best year-over-year quarter for Depreciation and Depletion over five years was Q4 2023 (growth of 61.2%); the worst was Q4 2022 (a decline of 16.6%).
- Per Business Quant data, MVST's Depreciation and Depletion in the three quarters before Q3 2026 was $8.08 million (Q2 2026), $8.08 million (Q1 2026) and $8.19 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 212.47 Bn | 164.72 Bn | 3.11 Bn | 200.00 Mn |
| 2 | Bloom Energy | 56.73 Bn | 46.66 Bn | 417.10 Mn | 13.81 Mn |
| 3 | First Solar | 18.42 Bn | 9.79 Bn | 713.06 Mn | 143.60 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 | 28.67 Mn |
| 7 | Innio | 10.93 Bn | 7.17 Bn | 367.70 Mn | 17.00 Mn |
| 8 | EnerSys | 5.13 Bn | 3.44 Bn | 284.35 Mn | - |
| 9 | Mirion Technologies | 4.30 Bn | 2.71 Bn | 131.50 Mn | 6.00 Mn |
| 10 | Microvast Holdings | 84.60 Mn | -359.15 Mn | 2.40 Mn | 8.61 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 8.61 Mn |
| Jun 30, 2026 | 8.08 Mn |
| Mar 31, 2026 | 8.08 Mn |
| Dec 31, 2025 | 8.19 Mn |
| Sep 30, 2025 | 8.08 Mn |
| Jun 30, 2025 | 8.11 Mn |
| Mar 31, 2025 | 7.99 Mn |
| Dec 31, 2024 | 7.62 Mn |
| Sep 30, 2024 | 7.53 Mn |
| Jun 30, 2024 | 7.44 Mn |
| Mar 31, 2024 | 7.47 Mn |
| Dec 31, 2023 | 7.50 Mn |
| Sep 30, 2023 | 4.85 Mn |
| Jun 30, 2023 | 4.91 Mn |
| Mar 31, 2023 | 4.89 Mn |
| Dec 31, 2022 | 4.65 Mn |
| Sep 30, 2022 | 4.78 Mn |
| Jun 30, 2022 | 5.07 Mn |
| Mar 31, 2022 | 5.31 Mn |
| Dec 31, 2021 | 5.58 Mn |
API Access
Microvast Holdings Depreciation and Depletion 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=depreciation-and-depletion&ticker=MVST&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-depletion", "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=depreciation-and-depletion&ticker=MVST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();