Microvast Holdings (MVST) Inventory (2020 - 2026)
Microvast Holdings' Inventory came in at $95.04 million for Q3 2026, down 25.1% from $126.94 million a year earlier but up 1.5% from the prior quarter.
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Analysis
Microvast Holdings (MVST) Inventory (2020 - 2026) Analysis & Trends
At the end of FY2025, Microvast Holdings' Inventory was $89.41 million, down 37.6% from FY2024.
- Inventory carries a five-year compound annual growth rate of 14.7% (FY2020 to FY2025).
- Going back by year, Inventory was $143.33 million in FY2024 (-4.3%), $149.75 million in FY2023 (+77.7%), $84.25 million in FY2022 (+57.7%) and $53.42 million in FY2021 (+18.8%).
- The five-year range for quarterly Inventory is $53.42 million (Q4 2021) to $157.77 million (Q3 2024).
- Year-over-year, Inventory has declined for eight consecutive quarters, with an average decline of 20.0% over the last eight quarters.
- The fastest year-over-year change in Inventory over five years came in Q4 2023 (growth of 77.7%), and the weakest in Q4 2025 (a decline of 37.6%).
- Business Quant data shows MVST's Inventory at $93.59 million (Q2 2026), $95.04 million (Q1 2026) and $89.41 million (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 212.47 Bn | 164.72 Bn | 3.11 Bn | 13.05 Bn |
| 2 | Bloom Energy | 56.73 Bn | 46.66 Bn | 417.10 Mn | 927.67 Mn |
| 3 | First Solar | 18.42 Bn | 9.79 Bn | 713.06 Mn | 1.14 Bn |
| 4 | Nextpower | 14.32 Bn | 10.03 Bn | 345.32 Mn | 264.14 Mn |
| 5 | BWX Technologies | 11.27 Bn | 9.04 Bn | 227.14 Mn | 35.97 Mn |
| 6 | Generac Holdings | 11.25 Bn | 9.99 Bn | 516.04 Mn | 1.29 Bn |
| 7 | Innio | 10.93 Bn | 7.17 Bn | 367.70 Mn | 1.08 Bn |
| 8 | EnerSys | 5.13 Bn | 3.44 Bn | 284.35 Mn | 753.45 Mn |
| 9 | Mirion Technologies | 4.30 Bn | 2.71 Bn | 131.50 Mn | 158.70 Mn |
| 10 | Microvast Holdings | 84.60 Mn | -359.15 Mn | 2.40 Mn | 95.04 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 95.04 Mn |
| Jun 30, 2026 | 93.59 Mn |
| Mar 31, 2026 | 95.04 Mn |
| Dec 31, 2025 | 89.41 Mn |
| Sep 30, 2025 | 126.94 Mn |
| Jun 30, 2025 | 141.75 Mn |
| Mar 31, 2025 | 129.06 Mn |
| Dec 31, 2024 | 143.33 Mn |
| Sep 30, 2024 | 157.77 Mn |
| Jun 30, 2024 | 152.51 Mn |
| Mar 31, 2024 | 137.33 Mn |
| Dec 31, 2023 | 149.75 Mn |
| Sep 30, 2023 | 126.91 Mn |
| Jun 30, 2023 | 86.76 Mn |
| Mar 31, 2023 | 87.67 Mn |
| Dec 31, 2022 | 84.25 Mn |
| Sep 30, 2022 | 82.26 Mn |
| Jun 30, 2022 | 64.46 Mn |
| Mar 31, 2022 | 58.08 Mn |
| Dec 31, 2021 | 53.42 Mn |
API Access
Microvast Holdings Inventory 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=inventory&ticker=MVST&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "inventory", "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=inventory&ticker=MVST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();