Microvast Holdings (MVST) Operating Expenses (2019 - 2026)

Microvast Holdings has reported Operating Expenses for 8 years, with the latest figure at $27.1 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses fell 7.11% year-over-year to $27.1 million; the trailing twelve-month figure through Mar 2026 stood at $119.9 million (down 47.1% YoY), and the FY2025 full-year result was $118.3 million, down 50.37% from the prior year.
• Operating Expenses for Q1 2026 stood at $27.1 million, down from $42.8 million in the prior quarter.
• The five-year high for Operating Expenses was $126.7 million in Q2 2024, with the low at $16.5 million in Q2 2025.
• Average Operating Expenses over 5 years is $42.6 million, with a median of $39.6 million recorded in 2022.
• Year-over-year, Operating Expenses soared 276.94% in 2022 and sank 86.97% in 2025.
• Tracing MVST's Operating Expenses over 5 years: stood at $37.3 million in 2022, then climbed by 23.45% to $46.0 million in 2023, then declined by 6.07% to $43.2 million in 2024, then fell by 1.02% to $42.8 million in 2025, then tumbled by 36.7% to $27.1 million in 2026.
• The last three Operating Expenses figures came in at $27.1 million (Q1 2026), $42.8 million (Q4 2025), and $33.5 million (Q3 2025), per Business Quant data.

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