Microvast Holdings (MVSTW) Free Cash Flow (2019 - 2026)

Microvast Holdings (MVSTW) recorded quarterly Free Cash Flow of -$25.7 million in Q1 2026, down 262.56% quarter-over-quarter from $15.8 million in Q4 2025, and down 631.85% on a YoY basis from $4.8 million in Q1 2025.

Microvast Holdings (MVSTW) Free Cash Flow (2019 - 2026) Analysis & Trends

Microvast Holdings' Free Cash Flow history runs 8 years deep, the most recent figure standing at -$25.7 million for Q1 2026.

  • In Q1 2026, Free Cash Flow fell 631.85% year-over-year to -$25.7 million; the TTM figure through Mar 2026 stood at $25.6 million (up 184.95% YoY), while the FY2025 annual figure was $56.1 million, up 229.89% from the prior year.
  • Free Cash Flow was -$25.7 million for Q1 2026 at Microvast Holdings, down from $15.8 million in the prior quarter.
  • In the past five years, Free Cash Flow ranged from a high of $34.3 million in Q2 2025 to a low of -$87.6 million in Q2 2023.
  • Historically, Free Cash Flow has averaged -$22.9 million across 5 years, with a median of -$11.9 million in 2022.
  • The sharpest annual moves came in 2025 and 2026: Free Cash Flow soared 1310.06% in 2025, then slumped 631.85% in 2026.
  • A 5-year view of Free Cash Flow shows it stood at -$61.5 million in 2022, then surged by 58.49% to -$25.5 million in 2023, then soared by 176.51% to $19.5 million in 2024, then slipped by 19.19% to $15.8 million in 2025, then plunged by 262.56% to -$25.7 million in 2026.
  • The last three Free Cash Flow figures came in at -$25.7 million (Q1 2026), $15.8 million (Q4 2025), and $1.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 O Reilly Automotive 75.10 Bn 74.85 Bn 2.35 Bn 788.47 Mn
2 Autozone 51.89 Bn 51.61 Bn 2.24 Bn 35.63 Mn
3 Borgwarner 15.04 Bn 15.20 Bn 677.00 Mn 9.00 Mn
4 Modine Manufacturing 14.67 Bn 14.58 Bn 186.10 Mn -17.10 Mn
5 Aptiv 14.58 Bn 11.51 Bn 920.00 Mn -362.00 Mn
6 Genuine Parts 13.66 Bn 13.18 Bn 2.34 Bn -33.64 Mn
7 Aurora Innovation 11.95 Bn 10.73 Bn -5.00 Mn -184.00 Mn
8 Magna International 10.79 Bn 9.60 Bn 1.42 Bn 896.00 Mn
9 Allison Transmission Holdings 9.76 Bn 9.45 Bn 406.00 Mn 148.00 Mn
10 Microvast Holdings - - 19.16 Mn -25.65 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -25.65 Mn
Mar 31, 2026 -25.65 Mn
Dec 31, 2025 15.78 Mn
Dec 31, 2025 15.78 Mn
Sep 30, 2025 1.18 Mn
Sep 30, 2025 1.18 Mn
Jun 30, 2025 34.29 Mn
Jun 30, 2025 34.29 Mn
Mar 31, 2025 4.82 Mn
Mar 31, 2025 4.82 Mn
Dec 31, 2024 19.53 Mn
Dec 31, 2024 19.53 Mn
Sep 30, 2024 -51.65 Mn
Sep 30, 2024 -51.65 Mn
Jun 30, 2024 -2.83 Mn
Jun 30, 2024 -2.83 Mn
Mar 31, 2024 -8.21 Mn
Mar 31, 2024 -8.21 Mn
Dec 31, 2023 -25.52 Mn
Dec 31, 2023 -25.52 Mn