Microvast Holdings (MVST) Prepaid Assets (2018 - 2026)
Microvast Holdings (MVST) reported Prepaid Assets of $15.73 million for Q2 2026, down 21.0% from $19.9 million a year earlier and down 2.9% from the prior quarter.
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Analysis
Microvast Holdings (MVST) Prepaid Assets (2018 - 2026) Analysis & Trends
At the end of FY2025, Microvast Holdings posted Prepaid Assets of $17.22 million, down 36.3% from FY2024.
- Prepaid Assets has a five-year compound annual growth rate of 23.4% (FY2020 to FY2025).
- By year, Prepaid Assets came in at $27.02 million in FY2024 (+4.9%), $25.75 million in FY2023 (+112.9%), $12.09 million in FY2022 (-29.4%) and $17.13 million in FY2021 (+184.4%).
- The Q2 2026 figure ranks as the lowest quarterly Prepaid Assets since Q1 2023.
- Year over year, Prepaid Assets has now declined in each of the last three quarters, with an average decline of 4.9% over the last eight quarters.
- The high point for year-over-year Prepaid Assets in five years was Q4 2021 (growth of 184.4%); the low point was Q1 2026 (a decline of 46.1%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $16.19 million (Q1 2026), $17.22 million (Q4 2025) and $24.93 million (Q3 2025).
Peer Set
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
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.73 Mn |
| Mar 31, 2026 | 16.19 Mn |
| Dec 31, 2025 | 17.22 Mn |
| Sep 30, 2025 | 24.93 Mn |
| Jun 30, 2025 | 19.90 Mn |
| Mar 31, 2025 | 30.03 Mn |
| Dec 31, 2024 | 27.02 Mn |
| Sep 30, 2024 | 23.48 Mn |
| Jun 30, 2024 | 16.68 Mn |
| Mar 31, 2024 | 20.97 Mn |
| Dec 31, 2023 | 25.75 Mn |
| Sep 30, 2023 | 25.84 Mn |
| Jun 30, 2023 | 20.62 Mn |
| Mar 31, 2023 | 13.47 Mn |
| Dec 31, 2022 | 12.09 Mn |
| Sep 30, 2022 | 19.06 Mn |
| Jun 30, 2022 | 14.53 Mn |
| Mar 31, 2022 | 19.69 Mn |
| Dec 31, 2021 | 17.13 Mn |
| Sep 30, 2021 | 12.96 Mn |
API Access
Microvast Holdings Prepaid Assets 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=prepaid-assets&ticker=MVST&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "prepaid-assets", "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=prepaid-assets&ticker=MVST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();