Microvast Holdings (MVST) Research & Development (2020 - 2026)

Microvast Holdings has reported Research & Development for 7 years, with the latest figure at $8.9 million in Q2 2026.

• On a quarterly basis, Research & Development rose 14.78% year-over-year to $8.9 million in Q2 2026; TTM through Jun 2026 was $35.8 million, a 1.07% increase from a year earlier, with the FY2025 full-year figure at $34.1 million, down 16.94% from the prior year.
• Research & Development was $8.9 million for Q2 2026 at Microvast Holdings, up from $8.8 million in the prior quarter.
• The five-year high for Research & Development was $13.2 million in Q3 2023, with the low at $7.7 million in Q2 2025.
• Average Research & Development over 5 years is $10.1 million, with a median of $10.3 million recorded in 2022.
• The sharpest annual moves came in 2022 and 2025: Research & Development soared 198.71% in 2022, then dropped 28.23% in 2025.
• Over 5 years, Research & Development stood at $10.5 million in 2022, then grew by 8.54% to $11.4 million in 2023, then retreated by 23.0% to $8.8 million in 2024, then gained by 18.36% to $10.4 million in 2025, then retreated by 14.68% to $8.9 million in 2026.
• The last three Research & Development figures came in at $8.9 million (Q2 2026), $8.8 million (Q1 2026), and $10.4 million (Q4 2025), per Business Quant data.