Microvast Holdings (MVST) Exchange Rate Effect (2020 - 2026)
Microvast Holdings' Exchange Rate Effect was $690,000 in Q3 2026, down 60.9% from $1.77 million a year earlier and down 44.8% from the prior quarter.
Microvast Holdings (MVST) Exchange Rate Effect (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, Microvast Holdings' Exchange Rate Effect was $6.89 million through Sep 30, 2026; for FY2025, it came in at $2.46 million.
- Exchange Rate Effect shows a five-year compound annual growth rate of 3.8% (FY2020 to FY2025).
- In earlier years, Exchange Rate Effect was -$6.84 million in FY2024, -$6.56 million in FY2023, -$8.59 million in FY2022 and $2.87 million in FY2021 (+40.6%).
- The Q3 2026 figure marks the lowest quarterly Exchange Rate Effect since Q2 2025.
- Per Business Quant data, MVST's Exchange Rate Effect in the three quarters before Q3 2026 was $1.25 million (Q2 2026), $1.03 million (Q1 2026) and $3.92 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FX Effect (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 212.47 Bn | 164.72 Bn | 3.11 Bn | 37.00 Mn |
| 2 | Bloom Energy | 56.73 Bn | 46.66 Bn | 417.10 Mn | -1.37 Mn |
| 3 | First Solar | 18.42 Bn | 9.79 Bn | 713.06 Mn | -142,000.00 |
| 4 | Nextpower | 14.32 Bn | 10.03 Bn | 345.32 Mn | - |
| 5 | BWX Technologies | 11.27 Bn | 9.04 Bn | 227.14 Mn | 2.29 Mn |
| 6 | Generac Holdings | 11.25 Bn | 9.99 Bn | 516.04 Mn | -608,000.00 |
| 7 | Innio | 10.93 Bn | 7.17 Bn | 367.70 Mn | -1.60 Mn |
| 8 | EnerSys | 5.13 Bn | 3.44 Bn | 284.35 Mn | -5.91 Mn |
| 9 | Mirion Technologies | 4.30 Bn | 2.71 Bn | 131.50 Mn | -200,000.00 |
| 10 | Microvast Holdings | 84.60 Mn | -359.15 Mn | 2.40 Mn | 690,000.00 |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 690,000.00 |
| Jun 30, 2026 | 1.25 Mn |
| Mar 31, 2026 | 1.03 Mn |
| Dec 31, 2025 | 3.92 Mn |
| Sep 30, 2025 | 1.77 Mn |
| Jun 30, 2025 | -2.32 Mn |
| Mar 31, 2025 | -907,000.00 |
| Dec 31, 2024 | -2.24 Mn |
| Sep 30, 2024 | 2.30 Mn |
| Jun 30, 2024 | -1.64 Mn |
| Mar 31, 2024 | -5.25 Mn |
| Dec 31, 2023 | -4.47 Mn |
| Sep 30, 2023 | 1.09 Mn |
| Jun 30, 2023 | -3.65 Mn |
| Mar 31, 2023 | 470,000.00 |
| Dec 31, 2022 | 2.74 Mn |
| Sep 30, 2022 | -7.46 Mn |
| Jun 30, 2022 | -4.46 Mn |
| Mar 31, 2022 | 598,000.00 |
| Dec 31, 2021 | 551,000.00 |
Microvast Holdings Exchange Rate Effect 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=exchange-rate-effect&ticker=MVST&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "exchange-rate-effect", "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=exchange-rate-effect&ticker=MVST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();