Microvast Holdings (MVST) Inventory (2020 - 2026)
Microvast Holdings' Inventory came in at $93.59 million for Q2 2026, down 34.0% from $141.75 million a year earlier and down 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 $47.82 million (Q3 2021) to $157.77 million (Q3 2024).
- Year-over-year, Inventory has declined for seven consecutive quarters, with an average decline of 13.8% 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 $95.04 million (Q1 2026), $89.41 million (Q4 2025) and $126.94 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn | 12.69 Bn |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn | 758.19 Mn |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn | 1.09 Bn |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn | 46.30 Mn |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn | 1.24 Bn |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn | 261.63 Mn |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn | 738.65 Mn |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn | 285.02 Mn |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn | 159.40 Mn |
| 10 | Microvast Holdings | 246.10 Mn | -203.57 Mn | 25.78 Mn | 93.59 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 47.82 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();