Microvast Holdings (MVST) Shares Outstanding (2018 - 2026)
Microvast Holdings (MVST) posted Shares Outstanding of 348.95 million for Q2 2026, up 7.8% from 323.64 million a year earlier and up 5.0% from the prior quarter.
Microvast Holdings (MVST) Shares Outstanding (2018 - 2026) Analysis & Trends
For FY2025, Microvast Holdings' Shares Outstanding came in at 324.69 million, up 2.0% from FY2024.
- Annual Shares Outstanding has increased for five consecutive years, with a five-year compound annual growth rate of 26.8% (FY2020 to FY2025).
- In prior years, Microvast Holdings' Shares Outstanding was 318.46 million in FY2024 (+2.4%), 310.91 million in FY2023 (+2.5%), 303.28 million in FY2022 (+63.1%) and 185.9 million in FY2021 (+87.7%).
- The Q2 2026 figure stands as the highest quarterly Shares Outstanding in data going back to Q4 2018.
- On a year-over-year basis, Shares Outstanding has increased in each of the last 22 quarters, with growth averaging 2.9% over the last eight quarters.
- Across the past five years, year-over-year growth in Shares Outstanding ran from 1.0% in Q3 2025 to 203.5% in Q2 2022.
- According to Business Quant data, Shares Outstanding for the three prior quarters was 332.36 million (Q1 2026), 324.69 million (Q4 2025) and 323.76 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn | 268.00 Mn |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn | 287.29 Mn |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn | 107.46 Mn |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn | 91.72 Mn |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn | 58.82 Mn |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn | 150.78 Mn |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn | 36.47 Mn |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn | 131.96 Mn |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn | 244.57 Mn |
| 10 | Microvast Holdings | 246.10 Mn | -203.57 Mn | 25.78 Mn | 348.95 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 348.95 Mn |
| Mar 31, 2026 | 332.36 Mn |
| Dec 31, 2025 | 324.69 Mn |
| Sep 30, 2025 | 323.76 Mn |
| Jun 30, 2025 | 323.64 Mn |
| Mar 31, 2025 | 323.43 Mn |
| Dec 31, 2024 | 318.46 Mn |
| Sep 30, 2024 | 320.55 Mn |
| Jun 30, 2024 | 315.51 Mn |
| Mar 31, 2024 | 315.37 Mn |
| Dec 31, 2023 | 310.91 Mn |
| Sep 30, 2023 | 313.11 Mn |
| Jun 30, 2023 | 307.74 Mn |
| Mar 31, 2023 | 307.71 Mn |
| Dec 31, 2022 | 303.28 Mn |
| Sep 30, 2022 | 305.98 Mn |
| Jun 30, 2022 | 300.57 Mn |
| Mar 31, 2022 | 298.84 Mn |
| Dec 31, 2021 | 185.90 Mn |
| Sep 30, 2021 | 243.86 Mn |
Microvast Holdings Shares Outstanding 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=shares-outstanding&ticker=MVST&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "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=shares-outstanding&ticker=MVST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();