Microvast Holdings annual capital expenditures (capex)
2019
2020
2021
2022
2023
2024
2025
Microvast Holdings Capital Expenditures (CapEx) Growth & History (MVST)
Microvast Holdings's capital expenditures (capex) was $19.8M for fiscal 2025.
View full Microvast Holdings company overviewMicrovast Holdings annual capital expenditures (capex) history
| Fiscal year | Period ended | Capital expenditures (CapEx) | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $19.8M | −$7.9M | −28.45% |
| 2024 | 2024-12-31 | $27.7M | −$159.1M | −85.16% |
| 2023 | 2023-12-31 | $186.8M | $35.9M | +23.80% |
| 2022 | 2022-12-31 | $150.9M | $63.0M | +71.72% |
| 2021 | 2021-12-31 | $87.9M | $69.2M | +371.24% |
| 2020 | 2020-12-31 | $18.6M | −$1.6M | −7.97% |
| 2019 | 2019-12-31 | $20.3M | — | — |
Microvast Holdings quarterly capital expenditures (capex)
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Capital expenditures (CapEx) | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $11.3M | $8.5M | +295.49% |
| Q1 2026 | 2026-03-31 | $2.9M | $509,000 | +21.70% |
| Q4 2025 | 2025-12-31 | $643,000 | $288,000 | +81.13% |
| Q3 2025 | 2025-09-30 | $14.0M | −$196,000 | −1.38% |
| Q2 2025 | 2025-06-30 | $2.9M | −$84,000 | −2.85% |
| Q1 2025 | 2025-03-31 | $2.3M | −$7.9M | −77.09% |
| Q4 2024 | 2024-12-31 | $355,000 | −$32.9M | −98.93% |
| Q3 2024 | 2024-09-30 | $14.2M | −$45.8M | −76.34% |
| Q2 2024 | 2024-06-30 | $2.9M | −$54.8M | −94.90% |
| Q1 2024 | 2024-03-31 | $10.2M | −$25.7M | −71.49% |
| Q4 2023 | 2023-12-31 | $33.2M | −$32.9M | −49.80% |
| Q3 2023 | 2023-09-30 | $59.9M | $43.1M | +256.66% |
| Q2 2023 | 2023-06-30 | $57.7M | $30.9M | +114.90% |
| Q1 2023 | 2023-03-31 | $35.9M | −$5.1M | −12.52% |
| Q4 2022 | 2022-12-31 | $66.2M | $19.0M | +40.33% |
| Q3 2022 | 2022-09-30 | $16.8M | $5.9M | +54.76% |
| Q2 2022 | 2022-06-30 | $26.9M | $22.4M | +506.32% |
| Q1 2022 | 2022-03-31 | $41.1M | $15.6M | +61.47% |
| Q4 2021 | 2021-12-31 | $47.1M | — | — |
| Q3 2021 | 2021-09-30 | $10.9M | — | — |
| Q2 2021 | 2021-06-30 | $4.4M | — | — |
| Q1 2021 | 2021-03-31 | $25.4M | — | — |
Microvast Holdings capital expenditures (capex) trends
Over the last five fiscal years, Microvast Holdings's capital expenditures (capex) increased from $18.6M to $19.8M, a change of $1.2M. The latest reported quarter, Q2 2026, shows $11.3M.
About the metric
What capital expenditures (CapEx) mean
Capital expenditures, commonly called CapEx, are cash investments in long-lived assets such as property, plants, equipment, infrastructure, and productive software. CapEx can support future growth or maintain existing operations, but it reduces current-period free cash flow.
Calculation and source
SEC-reported capital expenditures
TickerStat standardizes cash payments for property, plant, equipment, and other productive assets reported in company SEC filings. When a filer reports separate qualifying CapEx components instead of a total, those components are combined for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Microvast Holdings source filings ↗