Microvast Holdings (MVST) Operating Leases (2022 - 2026)
Microvast Holdings (MVST) posted Operating Leases of $17.5 million for Q2 2026, up 4.15% on a QoQ basis from $16.8 million in Q1 2026, and down 7.57% year-over-year from $18.9 million in Q2 2025.
Analysis
Microvast Holdings (MVST) Operating Leases (2022 - 2026) Analysis & Trends
Microvast Holdings has reported Operating Leases for 5 years, with the latest figure at $17.5 million in Q2 2026.
- On a quarterly basis, Operating Leases fell 7.57% year-over-year to $17.5 million in Q2 2026; TTM through Jun 2026 was $17.5 million, a 7.57% decrease from a year earlier, with the FY2025 full-year figure at $14.5 million, down 0.82% from the prior year.
- Operating Leases was $17.5 million for Q2 2026 at Microvast Holdings, up from $16.8 million in the prior quarter.
- The five-year high for Operating Leases was $20.9 million in Q2 2023, with the low at $14.3 million in Q4 2022.
- Average Operating Leases over 5 years is $17.6 million, with a median of $18.1 million recorded in 2025.
- The sharpest annual moves came in 2023 and 2024: Operating Leases gained 25.49% in 2023, then declined 14.58% in 2024.
- Over 5 years, Operating Leases stood at $14.3 million in 2022, then rose by 19.1% to $17.1 million in 2023, then slipped by 14.58% to $14.6 million in 2024, then dropped by 0.82% to $14.5 million in 2025, then advanced by 20.89% to $17.5 million in 2026.
- The last three Operating Leases figures came in at $17.5 million (Q2 2026), $16.8 million (Q1 2026), and $14.5 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | EnerSys | 6.54 Bn | 6.01 Bn | 313.36 Mn |
| 2 | QuantumScape | 3.20 Bn | 3.20 Bn | - |
| 3 | Eos Energy Enterprises | 1.35 Bn | 1.00 Bn | -48.80 Mn |
| 4 | Fluence Energy | 1.34 Bn | 769.30 Mn | 33.24 Mn |
| 5 | Energy Vault Holdings | 752.49 Mn | 645.13 Mn | 5.38 Mn |
| 6 | Enovix | 689.37 Mn | 689.37 Mn | 1.30 Mn |
| 7 | Amprius Technologies | 436.15 Mn | 361.63 Mn | 9.28 Mn |
| 8 | Electrovaya | 257.13 Mn | 244.05 Mn | 6.19 Mn |
| 9 | Microvast Holdings | 215.82 Mn | 72.70 Mn | 25.78 Mn |
| 10 | Ses Ai | 176.50 Mn | 176.50 Mn | 1.15 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.50 Mn |
| Mar 31, 2026 | 16.80 Mn |
| Dec 31, 2025 | 14.48 Mn |
| Sep 30, 2025 | 17.93 Mn |
| Jun 30, 2025 | 18.93 Mn |
| Mar 31, 2025 | 18.21 Mn |
| Dec 31, 2024 | 14.60 Mn |
| Sep 30, 2024 | 19.54 Mn |
| Jun 30, 2024 | 19.61 Mn |
| Mar 31, 2024 | 18.76 Mn |
| Dec 31, 2023 | 17.09 Mn |
| Sep 30, 2023 | 19.37 Mn |
| Jun 30, 2023 | 20.95 Mn |
| Mar 31, 2023 | 18.39 Mn |
| Dec 31, 2022 | 14.35 Mn |
| Sep 30, 2022 | 15.43 Mn |
| Jun 30, 2022 | 17.04 Mn |
| Mar 31, 2022 | 18.32 Mn |