Microvast Holdings MVST
NASDAQ MVST
$0.63 +0.00 (+0.13%)
As of: Sep 10, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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