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Microvast Holdings (MVST) Operating Expenses (2019 - 2025)

Microvast Holdings (MVST) has 7 years of Operating Expenses data on record, last reported at $33.5 million in Q3 2025.

  • For Q3 2025, Operating Expenses rose 21.64% year-over-year to $33.5 million; the TTM value through Sep 2025 reached $118.7 million, down 50.76%, while the annual FY2024 figure was $238.3 million, 43.63% up from the prior year.
  • Operating Expenses reached $33.5 million in Q3 2025 per MVST's latest filing, up from $16.5 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $126.7 million in Q2 2024 and bottomed at $543914.0 in Q2 2021.
  • Average Operating Expenses over 5 years is $41.7 million, with a median of $39.6 million recorded in 2022.
  • Peak YoY movement for Operating Expenses: soared 9164.15% in 2022, then tumbled 86.97% in 2025.
  • A 5-year view of Operating Expenses shows it stood at $52.2 million in 2021, then dropped by 28.56% to $37.3 million in 2022, then increased by 23.45% to $46.0 million in 2023, then dropped by 6.07% to $43.2 million in 2024, then fell by 22.62% to $33.5 million in 2025.
  • Per Business Quant database, its latest 3 readings for Operating Expenses were $33.5 million in Q3 2025, $16.5 million in Q2 2025, and $25.5 million in Q1 2025.