Microvast Holdings (MVST) Research & Development (2020 - 2025)
Microvast Holdings (MVST) has 6 years of Research & Development data on record, last reported at $7.8 million in Q3 2025.
- For Q3 2025, Research & Development fell 27.45% year-over-year to $7.8 million; the TTM value through Sep 2025 reached $32.5 million, down 25.61%, while the annual FY2024 figure was $41.1 million, 8.75% down from the prior year.
- Research & Development reached $7.8 million in Q3 2025 per MVST's latest filing, roughly flat from $7.7 million in the prior quarter.
- Across five years, Research & Development topped out at $13.5 million in Q3 2021 and bottomed at $3.8 million in Q1 2021.
- Average Research & Development over 5 years is $9.9 million, with a median of $10.5 million recorded in 2022.
- Peak YoY movement for Research & Development: surged 198.71% in 2022, then fell 28.23% in 2025.
- A 5-year view of Research & Development shows it stood at $11.2 million in 2021, then fell by 6.15% to $10.5 million in 2022, then rose by 8.54% to $11.4 million in 2023, then fell by 23.0% to $8.8 million in 2024, then decreased by 11.59% to $7.8 million in 2025.
- Per Business Quant database, its latest 3 readings for Research & Development were $7.8 million in Q3 2025, $7.7 million in Q2 2025, and $8.2 million in Q1 2025.