Microvast Holdings (MVST) Other Working Capital Changes (2020 - 2026)
Microvast Holdings (MVST) posted Other Working Capital Changes of $551000.0 for Q2 2026, up 129.39% on a QoQ basis from -$1.9 million in Q1 2026, and up 104.91% year-over-year from $268904.3 in Q2 2025.
Analysis
Microvast Holdings (MVST) Other Working Capital Changes (2020 - 2026) Analysis & Trends
Microvast Holdings has reported Other Working Capital Changes for 8 years, with the latest figure at $551000.0 in Q2 2026.
- On a quarterly basis, Other Working Capital Changes rose 104.91% year-over-year to $551000.0 in Q2 2026; TTM through Jun 2026 was -$1.4 million, a 142.4% decrease from a year earlier, with the FY2025 full-year figure at -$8.9 million, down 343.44% from the prior year.
- Other Working Capital Changes was $551000.0 for Q2 2026 at Microvast Holdings, up from -$1.9 million in the prior quarter.
- The five-year high for Other Working Capital Changes was $47.4 million in Q4 2022, with the low at -$35.9 million in Q3 2025.
- Average Other Working Capital Changes over 5 years is $209388.9, with a median of $336500.0 recorded in 2023.
- The sharpest annual moves came in 2023 and 2024: Other Working Capital Changes jumped 1919.16% in 2023, then slumped 447.46% in 2024.
- Over 5 years, Other Working Capital Changes stood at -$390000.0 in 2022, then jumped by 516.67% to $1.6 million in 2023, then sank by 347.57% to -$4.0 million in 2024, then soared by 66.89% to -$1.3 million in 2025, then surged by 141.37% to $551000.0 in 2026.
- The last three Other Working Capital Changes figures came in at $551000.0 (Q2 2026), -$1.9 million (Q1 2026), and -$1.3 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 | -1.77 Mn |
| Jun 30, 2026 | -1.77 Mn |
| Mar 31, 2026 | 980,000.00 |
| Mar 31, 2026 | 980,000.00 |
| Dec 31, 2025 | -171,000.00 |
| Dec 31, 2025 | -171,000.00 |
| Sep 30, 2025 | -35.90 Mn |
| Sep 30, 2025 | -35.90 Mn |
| Jun 30, 2025 | -2.74 Mn |
| Jun 30, 2025 | -2.74 Mn |
| Mar 31, 2025 | 462,000.00 |
| Mar 31, 2025 | 462,000.00 |
| Dec 31, 2024 | 1.03 Mn |
| Dec 31, 2024 | 1.03 Mn |
| Sep 30, 2024 | 1.93 Mn |
| Sep 30, 2024 | 1.93 Mn |
| Jun 30, 2024 | -431,000.00 |
| Jun 30, 2024 | -431,000.00 |
| Mar 31, 2024 | -1.69 Mn |
| Mar 31, 2024 | -1.69 Mn |