Microvast Holdings (MVST) Free Cash Flow (2019 - 2026)
Microvast Holdings' quarterly Free Cash Flow came in at -$25.7 million in Q1 2026, down 631.85% year-on-year from $4.8 million in Q1 2025, and down 262.56% quarter-over-quarter from $15.8 million in Q4 2025.
Microvast Holdings has reported Free Cash Flow for 8 years, with the latest figure at -$25.7 million in Q1 2026.
- For the quarter ending Q1 2026, Free Cash Flow fell 631.85% year-over-year to -$25.7 million; the trailing twelve-month figure through Mar 2026 stood at $25.6 million (up 184.95% YoY), and the FY2025 full-year result was $56.1 million, up 229.89% from the prior year.
- Free Cash Flow for Q1 2026 stood at -$25.7 million, down from $15.8 million in the prior quarter.
- The five-year high for Free Cash Flow was $34.3 million in Q2 2025, with the low at -$87.6 million in Q2 2023.
- Average Free Cash Flow over 5 years is -$22.9 million, with a median of -$11.9 million recorded in 2022.
- Year-over-year, Free Cash Flow surged 1310.06% in 2025 and slumped 631.85% in 2026.
- Tracing MVST's Free Cash Flow over 5 years: stood at -$61.5 million in 2022, then soared by 58.49% to -$25.5 million in 2023, then jumped by 176.51% to $19.5 million in 2024, then dropped by 19.19% to $15.8 million in 2025, then tumbled by 262.56% to -$25.7 million in 2026.
- The last three Free Cash Flow figures came in at -$25.7 million (Q1 2026), $15.8 million (Q4 2025), and $1.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 76.93 Bn | 76.68 Bn | 2.35 Bn | 788.47 Mn |
| 2 | Autozone | 56.46 Bn | 56.17 Bn | 2.24 Bn | 35.63 Mn |
| 3 | Modine Manufacturing | 13.73 Bn | 13.64 Bn | 186.10 Mn | -17.10 Mn |
| 4 | Borgwarner | 13.51 Bn | 13.68 Bn | 677.00 Mn | 9.00 Mn |
| 5 | Genuine Parts | 13.47 Bn | 12.99 Bn | 2.34 Bn | -33.64 Mn |
| 6 | Aptiv | 12.21 Bn | 9.14 Bn | 920.00 Mn | -362.00 Mn |
| 7 | Magna International | 10.79 Bn | 9.60 Bn | 1.42 Bn | 896.00 Mn |
| 8 | Autoliv | 9.18 Bn | 8.83 Bn | 526.00 Mn | -161.00 Mn |
| 9 | Allison Transmission Holdings | 9.12 Bn | 8.81 Bn | 406.00 Mn | 148.00 Mn |
| 10 | Microvast Holdings | 485.25 Mn | 311.25 Mn | 19.16 Mn | -25.65 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -25.65 Mn |
| Mar 31, 2026 | -25.65 Mn |
| Dec 31, 2025 | 15.78 Mn |
| Dec 31, 2025 | 15.78 Mn |
| Sep 30, 2025 | 1.18 Mn |
| Sep 30, 2025 | 1.18 Mn |
| Jun 30, 2025 | 34.29 Mn |
| Jun 30, 2025 | 34.29 Mn |
| Mar 31, 2025 | 4.82 Mn |
| Mar 31, 2025 | 4.82 Mn |
| Dec 31, 2024 | 19.53 Mn |
| Dec 31, 2024 | 19.53 Mn |
| Sep 30, 2024 | -51.65 Mn |
| Sep 30, 2024 | -51.65 Mn |
| Jun 30, 2024 | -2.83 Mn |
| Jun 30, 2024 | -2.83 Mn |
| Mar 31, 2024 | -8.21 Mn |
| Mar 31, 2024 | -8.21 Mn |
| Dec 31, 2023 | -25.52 Mn |
| Dec 31, 2023 | -25.52 Mn |
| Sep 30, 2023 | -11.49 Mn |
| Sep 30, 2023 | -11.49 Mn |
| Jun 30, 2023 | -87.55 Mn |
| Jun 30, 2023 | -87.55 Mn |
| Mar 31, 2023 | -47.09 Mn |
| Mar 31, 2023 | -47.09 Mn |
| Dec 31, 2022 | -61.49 Mn |
| Dec 31, 2022 | -61.49 Mn |
| Sep 30, 2022 | -11.87 Mn |
| Sep 30, 2022 | -11.87 Mn |
| Jun 30, 2022 | -65.48 Mn |
| Jun 30, 2022 | -65.48 Mn |
| Mar 31, 2022 | -65.98 Mn |
| Mar 31, 2022 | -65.98 Mn |
| Dec 31, 2021 | -67.53 Mn |
| Dec 31, 2021 | -67.53 Mn |
| Sep 30, 2021 | -20.49 Mn |
| Sep 30, 2021 | -20.49 Mn |
| Jun 30, 2021 | -17.28 Mn |
| Jun 30, 2021 | -17.28 Mn |
| Mar 31, 2021 | -27.60 Mn |
| Mar 31, 2021 | -27.60 Mn |
| Dec 31, 2020 | 6.49 Mn |
| Dec 31, 2020 | 6.49 Mn |
| Sep 30, 2020 | 6.34 Mn |
| Sep 30, 2020 | 6.34 Mn |
| Jun 30, 2020 | -435,214.00 |
| Jun 30, 2020 | -435,214.00 |
| Mar 31, 2020 | -109,922.00 |
| Mar 31, 2020 | -109,922.00 |
| Dec 31, 2019 | 14.49 Mn |
| Dec 31, 2019 | 14.49 Mn |
| Sep 30, 2019 | -836,591.00 |
| Sep 30, 2019 | -836,591.00 |
| Jun 30, 2019 | -251,764.00 |
| Jun 30, 2019 | -251,764.00 |
| Mar 31, 2019 | -27,594.00 |
| Mar 31, 2019 | -27,594.00 |