Microvast Holdings, Inc. (MVST): R&D Expense
$34.11M
Year ended 2025-12-31
$35.81M
Trailing 12 months to 2026-06-30
-7.8%
3-year compound annual growth
+15.4%
5-year compound annual growth
| Period ended | R&D Expense | Change YoY | Source filing |
|---|---|---|---|
| 2025-12-31 | $34.11M | -16.9% | 2026-03-16, From 2025-01-01 |
| 2024-12-31 | $41.06M | -8.8% | 2026-03-16, From 2024-01-01 |
| 2023-12-31 | $45.00M | +3.4% | 2026-03-16, From 2023-01-01 |
| 2022-12-31 | $43.51M | +26.5% | 2025-03-31, From 2022-01-01 |
| 2021-12-31 | $34.38M | +106.7% | 2024-04-01, From 2021-01-01 |
| 2020-12-31 | $16.64M | -36.0% | 2023-03-16, From 2020-01-01 |
| 2019-12-31 | $26.00M | n/a | 2022-03-29, From 2019-01-01 |
R&D Expense at similar companies
| Company | Year ended | R&D Expense | Change YoY |
|---|---|---|---|
| Microvast Holdings, Inc. (MVST) | 2025-12-31 | $34.11M | -16.9% |
| ChargePoint Holdings, Inc. (CHPT) | 2026-01-31 | $139.27M | -1.4% |
| Energy Vault Holdings, Inc. (NRGV) | 2025-12-31 | $14.63M | -43.7% |
| CBAK Energy Technology, Inc. (CBAT) | 2025-12-31 | $15.80M | +21.5% |
| Ultralife Corp (ULBI) | 2025-12-31 | $10.40M | +25.8% |
| Novanta Inc (NOVT) | 2025-12-31 | $95.48M | 0.0% |
| Byrna Technologies Inc. (BYRN) | 2025-11-30 | $300.0K | -50.0% |
| Eos Energy Enterprises, Inc. (EOSE) | 2025-12-31 | $28.54M | +25.4% |
| Gauzy Ltd. (GAUZ) | 2024-12-31 | $17.59M | +9.7% |
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