Microvast Holdings (MVSTW) Operating Expenses (2019 - 2026)

Microvast Holdings' Operating Expenses history runs 8 years deep, the most recent figure standing at $27.1 million for Q1 2026.

• In Q1 2026, Operating Expenses fell 7.11% year-over-year to $27.1 million; the TTM figure through Mar 2026 stood at $119.9 million (down 47.1% YoY), while the FY2025 annual figure was $118.3 million, down 50.37% from the prior year.
• Operating Expenses was $27.1 million for Q1 2026 at Microvast Holdings, down from $42.8 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $126.7 million in Q2 2024 to a low of $16.5 million in Q2 2025.
• Historically, Operating Expenses has averaged $42.6 million across 5 years, with a median of $39.6 million in 2022.
• The sharpest annual moves came in 2022 and 2025: Operating Expenses jumped 276.94% in 2022, then sank 86.97% in 2025.
• A 5-year view of Operating Expenses shows it stood at $37.3 million in 2022, then advanced by 23.45% to $46.0 million in 2023, then dropped by 6.07% to $43.2 million in 2024, then declined by 1.02% to $42.8 million in 2025, then plunged by 36.7% to $27.1 million in 2026.
• The last three Operating Expenses figures came in at $27.1 million (Q1 2026), $42.8 million (Q4 2025), and $33.5 million (Q3 2025), per Business Quant data.