Microvast Holdings (MVST) Payables (2018 - 2026)
Microvast Holdings (MVST) posted Payables of $166.84 million for Q2 2026, up 7.2% from $155.66 million a year earlier and up 5.9% from the prior quarter.
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Analysis
Microvast Holdings (MVST) Payables (2018 - 2026) Analysis & Trends
At the end of FY2025, Microvast Holdings' Payables came in at $125.32 million, down 7.6% from FY2024.
- Annual Payables shows a five-year compound annual growth rate of 5.4% (FY2020 to FY2025).
- In prior years, Microvast Holdings' Payables was $135.61 million in FY2024 (-22.9%), $175.99 million in FY2023 (+55.2%), $113.43 million in FY2022 (+11.9%) and $101.36 million in FY2021 (+5.1%).
- The Q2 2026 figure stands as the highest quarterly Payables since Q4 2023.
- On a year-over-year basis, Payables increased in four of the last eight quarters, with growth averaging 0.4%.
- The strongest year-over-year quarter for Payables in the past five years was Q4 2023, with growth of 55.2%; the weakest was Q4 2024, with a decline of 22.9%.
- According to Business Quant data, Payables for the three prior quarters was $157.57 million (Q1 2026), $125.32 million (Q4 2025) and $144.19 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn | 10.10 Bn |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn | 309.93 Mn |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn | 346.33 Mn |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn | 212.88 Mn |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn | 604.41 Mn |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn | 535.97 Mn |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn | 363.83 Mn |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn | 124.59 Mn |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn | 60.20 Mn |
| 10 | Microvast Holdings | 246.10 Mn | -203.57 Mn | 25.78 Mn | 166.84 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 166.84 Mn |
| Mar 31, 2026 | 157.57 Mn |
| Dec 31, 2025 | 125.32 Mn |
| Sep 30, 2025 | 144.19 Mn |
| Jun 30, 2025 | 155.66 Mn |
| Mar 31, 2025 | 143.01 Mn |
| Dec 31, 2024 | 135.61 Mn |
| Sep 30, 2024 | 131.77 Mn |
| Jun 30, 2024 | 139.93 Mn |
| Mar 31, 2024 | 146.43 Mn |
| Dec 31, 2023 | 175.99 Mn |
| Sep 30, 2023 | 134.62 Mn |
| Jun 30, 2023 | 104.43 Mn |
| Mar 31, 2023 | 109.05 Mn |
| Dec 31, 2022 | 113.43 Mn |
| Sep 30, 2022 | 108.78 Mn |
| Jun 30, 2022 | 116.18 Mn |
| Mar 31, 2022 | 102.68 Mn |
| Dec 31, 2021 | 101.36 Mn |
| Sep 30, 2021 | 91.20 Mn |
API Access
Microvast Holdings Payables 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=payables&ticker=MVST&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "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=payables&ticker=MVST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();