Growth Metrics

Microvast Holdings (MVST) Research & Development (2020 - 2025)

Historic Research & Development for Microvast Holdings (MVST) over the last 6 years, with Q3 2025 value amounting to $7.8 million.

  • Microvast Holdings' Research & Development fell 2745.04% to $7.8 million in Q3 2025 from the same period last year, while for Sep 2025 it was $32.5 million, marking a year-over-year decrease of 2561.0%. This contributed to the annual value of $41.1 million for FY2024, which is 875.26% down from last year.
  • As of Q3 2025, Microvast Holdings' Research & Development stood at $7.8 million, which was down 2745.04% from $7.7 million recorded in Q2 2025.
  • Microvast Holdings' 5-year Research & Development high stood at $13.5 million for Q3 2021, and its period low was $3.8 million during Q1 2021.
  • Its 5-year average for Research & Development is $9.9 million, with a median of $10.5 million in 2022.
  • Per our database at Business Quant, Microvast Holdings' Research & Development soared by 19870.58% in 2022 and then tumbled by 2822.83% in 2025.
  • Quarter analysis of 5 years shows Microvast Holdings' Research & Development stood at $11.2 million in 2021, then dropped 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 dropped by 11.59% to $7.8 million in 2025.
  • Its last three reported values are $7.8 million in Q3 2025, $7.7 million for Q2 2025, and $8.2 million during Q1 2025.