Microvast Holdings (MVST) Operating Leases (2022 - 2026)
Microvast Holdings (MVST) posted Operating Leases of $14 million for Q2 2026, down 10.6% from $15.66 million a year earlier but up 0.1% from the prior quarter.
Microvast Holdings (MVST) Operating Leases (2022 - 2026) Analysis & Trends
At the end of FY2025, Microvast Holdings' Operating Leases came in at $14.48 million, down 0.8% from FY2024.
- Annual Operating Leases shows a three-year compound annual growth rate of 0.3% (FY2022 to FY2025).
- In prior years, Microvast Holdings' Operating Leases was $14.6 million in FY2024 (-14.6%), $17.09 million in FY2023 (+19.1%) and $14.35 million in FY2022.
- Quarterly Operating Leases has run from a low of $13.53 million in Q3 2022 to a high of $18 million in Q2 2023 over five years.
- On a year-over-year basis, Operating Leases has declined in each of the last nine quarters, with an average decline of 7.0% over the last eight quarters.
- The strongest year-over-year quarter for Operating Leases in the past five years was Q3 2023, with growth of 25.3%; the weakest was Q4 2024, with a decline of 14.6%.
- According to Business Quant data, Operating Leases for the three prior quarters was $13.98 million (Q1 2026), $14.48 million (Q4 2025) and $15.08 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn |
| 10 | Microvast Holdings | 246.10 Mn | -203.57 Mn | 25.78 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.00 Mn |
| Mar 31, 2026 | 13.98 Mn |
| Dec 31, 2025 | 14.48 Mn |
| Sep 30, 2025 | 15.08 Mn |
| Jun 30, 2025 | 15.66 Mn |
| Mar 31, 2025 | 14.79 Mn |
| Dec 31, 2024 | 14.60 Mn |
| Sep 30, 2024 | 16.33 Mn |
| Jun 30, 2024 | 16.36 Mn |
| Mar 31, 2024 | 16.23 Mn |
| Dec 31, 2023 | 17.09 Mn |
| Sep 30, 2023 | 16.95 Mn |
| Jun 30, 2023 | 18.00 Mn |
| Mar 31, 2023 | 15.83 Mn |
| Dec 31, 2022 | 14.35 Mn |
| Sep 30, 2022 | 13.53 Mn |
| Jun 30, 2022 | 14.94 Mn |
| Mar 31, 2022 | 16.15 Mn |
Microvast Holdings Operating Leases 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=operating-leases&ticker=MVST&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "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=operating-leases&ticker=MVST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();