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Microvast Holdings (MVST) R&D spending by quarter

Microvast Holdings' R&D spending was $8.9M in Q2 2026 (second quarter 2026), +0.6% from Q1 2026. Over the last 6 quarters it ranged from $7.7M (Q2 2025) to $10.4M (Q4 2025).

Microvast Holdings R&D spending by quarterMicrovast Holdings R&D spending by quarter$8.8MQ4 2024$7.7MQ2 2025$7.8MQ3 2025$10.4MQ4 2025$8.8MQ1 2026$8.9MQ2 2026
QuarterR&D spendingQ/QY/Y
Q2 2026$8.9M+0.6%+15%
Q1 2026$8.8M-15%—
Q4 2025$10.4M+34%+18%
Q3 2025$7.8M+0.5%—
Q2 2025$7.7M-12%—
Q4 2024$8.8M——

Q2 2026 at a glance

Microvast Holdings, Q2 2026: revenue $87.3M (-4% year over year), operating margin -2.0%, net loss $12.0M, operating cash flow −$10.5M. The chart follows the revenue to costs, profit and cash.

Questions

What is Microvast Holdings' R&D spending?

Microvast Holdings' R&D spending was $8.9M in Q2 2026 (second quarter 2026), +0.6% from Q1 2026.

How has Microvast Holdings' R&D spending changed?

Over the last 6 quarters it ranged from $7.7M (Q2 2025) to $10.4M (Q4 2025).

Q2 2026 results → · How Microvast Holdings makes money →