Microvast Holdings, Inc. (MVST): R&D Expense

Annual figures by period end, from SEC filings.

$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
$45.00M2019-12-31: $26.00M2020-12-31: $16.64M2021-12-31: $34.38M2022-12-31: $43.51M2023-12-31: $45.00M2024-12-31: $41.06M2025-12-31: $34.11M$34.11M
2019-12-31 R&D Expense (USD) 2025-12-31
Period endedR&D ExpenseChange YoYSource 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$26.00Mn/a2022-03-29, From 2019-01-01

R&D Expense at similar companies

Companies with the same SEC industry code (Miscellaneous Electrical Machinery, Equipment & Supplies), reporting in the same currency, closest in revenue. Each shows its own latest fiscal year, so period ends differ.

CompanyYear endedR&D ExpenseChange 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$95.48M0.0%
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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