Microvast Holdings (MVST) Payables (2018 - 2026)
Microvast Holdings (MVST) posted Payables of $166.8 million for Q2 2026, up 5.88% on a QoQ basis from $157.6 million in Q1 2026, and up 7.18% year-over-year from $155.7 million in Q2 2025.
Analysis
Microvast Holdings (MVST) Payables (2018 - 2026) Analysis & Trends
Microvast Holdings has reported Payables for 9 years, with the latest figure at $166.8 million in Q2 2026.
- On a quarterly basis, Payables rose 7.18% year-over-year to $166.8 million in Q2 2026; TTM through Jun 2026 was $166.8 million, a 7.18% increase from a year earlier, with the FY2025 full-year figure at $125.3 million, down 7.58% from the prior year.
- Payables was $166.8 million for Q2 2026 at Microvast Holdings, up from $157.6 million in the prior quarter.
- The five-year high for Payables was $176.0 million in Q4 2023, with the low at $102.7 million in Q1 2022.
- Average Payables over 5 years is $134.0 million, with a median of $135.1 million recorded in 2023.
- The sharpest annual moves came in 2022 and 2024: Payables surged 15981.49% in 2022, then retreated 22.95% in 2024.
- Over 5 years, Payables stood at $113.4 million in 2022, then surged by 55.16% to $176.0 million in 2023, then declined by 22.95% to $135.6 million in 2024, then decreased by 7.58% to $125.3 million in 2025, then surged by 33.13% to $166.8 million in 2026.
- The last three Payables figures came in at $166.8 million (Q2 2026), $157.6 million (Q1 2026), and $125.3 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | EnerSys | 6.54 Bn | 6.01 Bn | 313.36 Mn | 363.83 Mn |
| 2 | QuantumScape | 3.20 Bn | 3.20 Bn | - | 6.34 Mn |
| 3 | Eos Energy Enterprises | 1.35 Bn | 1.00 Bn | -48.80 Mn | 105.60 Mn |
| 4 | Fluence Energy | 1.34 Bn | 769.30 Mn | 33.24 Mn | 295.06 Mn |
| 5 | Energy Vault Holdings | 752.49 Mn | 645.13 Mn | 5.38 Mn | 14.99 Mn |
| 6 | Enovix | 689.37 Mn | 689.37 Mn | 1.30 Mn | 12.17 Mn |
| 7 | Amprius Technologies | 436.15 Mn | 361.63 Mn | 9.28 Mn | 9.76 Mn |
| 8 | Electrovaya | 257.13 Mn | 244.05 Mn | 6.19 Mn | 9.31 Mn |
| 9 | Microvast Holdings | 215.82 Mn | 72.70 Mn | 25.78 Mn | 166.84 Mn |
| 10 | Ses Ai | 176.50 Mn | 176.50 Mn | 1.15 Mn | 6.06 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 | 79.69 Mn |