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Microvast Holdings (MVSTW) Operating Expenses (2019 - 2025)

Microvast Holdings has reported Operating Expenses over the past 7 years, most recently at $42.8 million for Q4 2025.

  • Quarterly results put Operating Expenses at $42.8 million for Q4 2025, down 1.02% from a year ago — trailing twelve months through Dec 2025 was $118.3 million (down 50.37% YoY), and the annual figure for FY2025 was $118.3 million, down 50.37%.
  • Operating Expenses for Q4 2025 was $42.8 million at Microvast Holdings, up from $33.5 million in the prior quarter.
  • Over the last five years, Operating Expenses for MVSTW hit a ceiling of $126.7 million in Q2 2024 and a floor of $11.5 million in Q1 2021.
  • Median Operating Expenses over the past 5 years was $40.2 million (2022), compared with a mean of $42.5 million.
  • Biggest five-year swings in Operating Expenses: skyrocketed 6168.62% in 2021 and later plummeted 86.97% in 2025.
  • Microvast Holdings' Operating Expenses stood at $52.2 million in 2021, then decreased by 28.56% to $37.3 million in 2022, then rose by 23.45% to $46.0 million in 2023, then decreased by 6.07% to $43.2 million in 2024, then fell by 1.02% to $42.8 million in 2025.
  • The last three reported values for Operating Expenses were $42.8 million (Q4 2025), $33.5 million (Q3 2025), and $16.5 million (Q2 2025) per Business Quant data.