Microvast Holdings (MVST) Selling, General & Administrative (2020 - 2026)
Microvast Holdings (MVST) posted Selling, General & Administrative of $13.89 million for Q2 2026, up 24.2% from $11.18 million a year earlier and up 7.3% from the prior quarter.
Microvast Holdings (MVST) Selling, General & Administrative (2020 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Selling, General & Administrative at Microvast Holdings was $70.2 million, up 18.0% year-over-year; for FY2025, it was $57.82 million, down 29.0% from FY2024.
- Annual Selling, General & Administrative has declined for three consecutive years, though with a five-year compound annual growth rate of 25.1% (FY2020 to FY2025).
- In prior years, Microvast Holdings' Selling, General & Administrative was $81.49 million in FY2024 (-15.8%), $96.79 million in FY2023 (-5.8%), $102.77 million in FY2022 (+1.1%) and $101.63 million in FY2021 (+439.2%).
- Quarterly Selling, General & Administrative has run from a low of $11.18 million in Q2 2025 to a high of $57.06 million in Q3 2021 over five years.
- On a year-over-year basis, Selling, General & Administrative increased in three of the last eight quarters, with an average decline of 9.7%.
- The strongest year-over-year quarter for Selling, General & Administrative in the past five years was Q1 2022, with growth of 470.6%; the weakest was Q3 2022, with a decline of 60.4%.
- According to Business Quant data, Selling, General & Administrative for the three prior quarters was $12.94 million (Q1 2026), $23.71 million (Q4 2025) and $19.66 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | SG&A (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 263.36 Bn | 224.44 Bn | 2.36 Bn | 1.37 Bn |
| 2 | Bloom Energy | 84.85 Bn | 76.67 Bn | 355.57 Mn | 71.42 Mn |
| 3 | First Solar | 18.77 Bn | 9.72 Bn | 605.00 Mn | 51.95 Mn |
| 4 | Generac Holdings | 12.79 Bn | 11.62 Bn | 521.81 Mn | 73.16 Mn |
| 5 | Nextpower | 12.78 Bn | 8.68 Bn | 335.85 Mn | 100.44 Mn |
| 6 | BWX Technologies | 12.36 Bn | 10.66 Bn | 202.31 Mn | 108.43 Mn |
| 7 | EnerSys | 7.13 Bn | 5.32 Bn | 313.36 Mn | - |
| 8 | Enphase Energy | 4.42 Bn | -436.70 Mn | 175.01 Mn | 31.33 Mn |
| 9 | Mirion Technologies | 3.57 Bn | 1.46 Bn | 133.10 Mn | 105.10 Mn |
| 10 | Microvast Holdings | 246.10 Mn | -203.57 Mn | 25.78 Mn | 13.89 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.89 Mn |
| Mar 31, 2026 | 12.94 Mn |
| Dec 31, 2025 | 23.71 Mn |
| Sep 30, 2025 | 19.66 Mn |
| Jun 30, 2025 | 11.18 Mn |
| Mar 31, 2025 | 14.12 Mn |
| Dec 31, 2024 | 22.34 Mn |
| Sep 30, 2024 | 11.84 Mn |
| Jun 30, 2024 | 23.51 Mn |
| Mar 31, 2024 | 23.79 Mn |
| Dec 31, 2023 | 27.91 Mn |
| Sep 30, 2023 | 24.98 Mn |
| Jun 30, 2023 | 23.51 Mn |
| Mar 31, 2023 | 20.39 Mn |
| Dec 31, 2022 | 19.75 Mn |
| Sep 30, 2022 | 22.59 Mn |
| Jun 30, 2022 | 34.34 Mn |
| Mar 31, 2022 | 26.10 Mn |
| Dec 31, 2021 | 33.82 Mn |
| Sep 30, 2021 | 57.06 Mn |
Microvast Holdings Selling, General & Administrative 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=selling-general-and-administrative&ticker=MVST&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "selling-general-and-administrative", "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=selling-general-and-administrative&ticker=MVST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();