Microvast Holdings annual r&d spending
2019
2020
2021
2022
2023
2024
2025
Microvast Holdings R&D Spending Growth & History (MVST)
Microvast Holdings's r&d spending was $34.1M for fiscal 2025.
View full Microvast Holdings company overviewMicrovast Holdings annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $34.1M | −$7.0M | −16.94% |
| 2024 | 2024-12-31 | $41.1M | −$3.9M | −8.75% |
| 2023 | 2023-12-31 | $45.0M | $1.5M | +3.44% |
| 2022 | 2022-12-31 | $43.5M | $9.1M | +26.53% |
| 2021 | 2021-12-31 | $34.4M | $17.7M | +106.68% |
| 2020 | 2020-12-31 | $16.6M | −$9.4M | −36.00% |
| 2019 | 2019-12-31 | $26.0M | — | — |
Microvast Holdings quarterly r&d spending
Q3.20
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 | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $8.9M | $1.1M | +14.78% |
| Q1 2026 | 2026-03-31 | $8.8M | $562,000 | +6.81% |
| Q4 2025 | 2025-12-31 | $10.4M | $1.6M | +18.36% |
| Q3 2025 | 2025-09-30 | $7.8M | −$2.9M | −27.45% |
| Q2 2025 | 2025-06-30 | $7.7M | −$2.4M | −23.63% |
| Q1 2025 | 2025-03-31 | $8.2M | −$3.2M | −28.23% |
| Q4 2024 | 2024-12-31 | $8.8M | −$2.6M | −23.00% |
| Q3 2024 | 2024-09-30 | $10.7M | −$2.5M | −19.25% |
| Q2 2024 | 2024-06-30 | $10.1M | $600,000 | +6.31% |
| Q1 2024 | 2024-03-31 | $11.5M | $631,000 | +5.81% |
| Q4 2023 | 2023-12-31 | $11.4M | $897,000 | +8.54% |
| Q3 2023 | 2023-09-30 | $13.2M | $1.8M | +15.57% |
| Q2 2023 | 2023-06-30 | $9.5M | −$737,000 | −7.19% |
| Q1 2023 | 2023-03-31 | $10.9M | −$448,000 | −3.96% |
| Q4 2022 | 2022-12-31 | $10.5M | −$688,000 | −6.15% |
| Q3 2022 | 2022-09-30 | $11.5M | −$2.1M | −15.25% |
| Q2 2022 | 2022-06-30 | $10.2M | $4.3M | +73.77% |
| Q1 2022 | 2022-03-31 | $11.3M | $7.5M | +198.71% |
| Q4 2021 | 2021-12-31 | $11.2M | — | — |
| Q3 2021 | 2021-09-30 | $13.5M | $9.0M | +196.58% |
| Q2 2021 | 2021-06-30 | $5.9M | — | — |
| Q1 2021 | 2021-03-31 | $3.8M | — | — |
| Q3 2020 | 2020-09-30 | $4.6M | — | — |
Microvast Holdings r&d spending trends
Over the last five fiscal years, Microvast Holdings's r&d spending increased from $16.6M to $34.1M, a change of $17.5M. The latest reported quarter, Q2 2026, shows $8.9M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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