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

Microvast Holdings has reported Operating Expenses for 8 years, with the latest figure at $27.5 million in Q2 2026.

• On a quarterly basis, Operating Expenses rose 16.13% year-over-year to $27.5 million in Q2 2026; TTM through Jun 2026 was $130.9 million, a 5.87% increase from a year earlier, with the FY2025 full-year figure at $118.3 million, down 50.37% from the prior year.
• Operating Expenses was $27.5 million for Q2 2026 at Microvast Holdings, up from $27.1 million in the prior quarter.
• The five-year high for Operating Expenses was $126.7 million in Q2 2024, with the low at $23.7 million in Q2 2025.
• Average Operating Expenses over 5 years is $42.1 million, with a median of $39.3 million recorded in 2022.
• The sharpest annual moves came in 2022 and 2025: Operating Expenses surged 276.94% in 2022, then sank 81.3% in 2025.
• Over 5 years, Operating Expenses 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 slumped by 35.72% to $27.5 million in 2026.
• The last three Operating Expenses figures came in at $27.5 million (Q2 2026), $27.1 million (Q1 2026), and $42.8 million (Q4 2025), per Business Quant data.