Microvast Holdings (MVST) Receivables (2020 - 2026)
Microvast Holdings' Receivables was $121.18 million in Q2 2026, down 3.8% from $125.92 million a year earlier and down 2.0% from the prior quarter.
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Analysis
Microvast Holdings (MVST) Receivables (2020 - 2026) Analysis & Trends
At the end of FY2025, Receivables at Microvast Holdings came in at $156.48 million, up 29.3% from FY2024.
- Receivables shows a five-year compound annual growth rate of 15.2% (FY2020 to FY2025).
- In earlier years, Receivables was $121.06 million in FY2024 (-13.2%), $139.47 million in FY2023 (+16.6%), $119.62 million in FY2022 (+34.5%) and $88.92 million in FY2021 (+15.5%).
- The Q2 2026 figure marks the lowest quarterly Receivables since Q4 2024.
- Compared with a year earlier, Receivables was higher in five of the last eight quarters, with growth averaging 7.6%.
- The best year-over-year quarter for Receivables over five years was Q3 2023 (growth of 40.6%); the worst was Q4 2024 (a decline of 13.2%).
- Per Business Quant data, MVST's Receivables in the three quarters before Q2 2026 was $123.59 million (Q1 2026), $156.48 million (Q4 2025) and $149.27 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn | 20.62 Bn |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn | 823.59 Mn |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn | 1.76 Bn |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn | 820.54 Mn |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn | 669.20 Mn |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn | 1.05 Bn |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn | 543.79 Mn |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn | 308.42 Mn |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn | 267.40 Mn |
| 10 | Microvast Holdings | 246.10 Mn | -203.57 Mn | 25.78 Mn | 121.18 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 121.18 Mn |
| Mar 31, 2026 | 123.59 Mn |
| Dec 31, 2025 | 156.48 Mn |
| Sep 30, 2025 | 149.27 Mn |
| Jun 30, 2025 | 125.92 Mn |
| Mar 31, 2025 | 135.65 Mn |
| Dec 31, 2024 | 121.06 Mn |
| Sep 30, 2024 | 121.54 Mn |
| Jun 30, 2024 | 104.98 Mn |
| Mar 31, 2024 | 123.54 Mn |
| Dec 31, 2023 | 139.47 Mn |
| Sep 30, 2023 | 116.30 Mn |
| Jun 30, 2023 | 106.09 Mn |
| Mar 31, 2023 | 88.91 Mn |
| Dec 31, 2022 | 119.62 Mn |
| Sep 30, 2022 | 82.71 Mn |
| Jun 30, 2022 | 104.99 Mn |
| Mar 31, 2022 | 79.97 Mn |
| Dec 31, 2021 | 88.92 Mn |
| Sep 30, 2021 | 73.57 Mn |
API Access
Microvast Holdings Receivables 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=receivables&ticker=MVST&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "receivables", "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=receivables&ticker=MVST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();