What is Microvast Holdings, Inc.'s PP&E (net)?

Microvast Holdings, Inc. (MVST) reported PP&E (net) of $510.05M in Q1 2026.

How has Microvast Holdings, Inc.'s PP&E (net) changed year-over-year?

Microvast Holdings, Inc.'s PP&E (net) increased by 5.1% year-over-year, from $485.16M to $510.05M.

What is the long-term trend for Microvast Holdings, Inc.'s PP&E (net)?

Over 5 years (2020 to 2025), Microvast Holdings, Inc.'s PP&E (net) has grown at a 20.7% compound annual growth rate (CAGR), from $198.02M to $508.06M.

What does PP&E (net) mean?

Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.

Microvast Holdings, Inc. MVST PP&E (Net)

PP&E (Net) at other companies

SES AISES

$26.32M-26.8%

EnerSysENS

$593M+0.1%

Energy Vault HoldingsNRGV

$101.45M-19.2%

AlbemarleALB

$8.53B-8.4%

Enovix CorporationENVX

$164.95M-0.5%

QuantumScape Corporation QS

$240.21M-17.0%

Segments

By geography

See full

United States$184.18M—

Germany$14.85M—

United Kingdom$25K—

Other financials

Income statement

See full

Revenue$60.6M-48.0%

Gross profit$19.2M-55.5%

Operating income-$7.9M-152%

Net income$48.2M-22.0%

EPS (diluted)-$0.04-180%

Balance sheet

See full

Cash & equivalents$126.1M+2.5%

Total debt$93.3M-65.4%

Total equity$466.1M+2.6%

Total assets$987.5M+0.5%

Cash flow

See full

Operating cash flow-$22.8M-418%

CapEx$2.9M+21.7%

Free cash flow-$25.7M-632%

Valuation

See full

Market cap$374.8M-70.5%

Enterprise value$341.93M-75.9%

P/E152.7×—

P/S1×-2.1×

Profitability

See full

Gross margin26.4%-8.6pp

Operating margin9.7%+5.4pp

Net margin-28.8%-5.3pp

FCF margin6.9%—

Returns & leverage

See full

Return on equity-30.3%+5.7pp

Debt / equity0.2×-0.4×

Current ratio1×-0.4×

Where this comes from

Reported directly by Microvast Holdings, Inc. in its filing.

Tagged under the XBRL concept us-gaap:PropertyPlantAndEquipmentNet.

The official record: Microvast Holdings, Inc.’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Microvast Holdings, Inc.'s PP&E (net)?: Microvast Holdings, Inc. (MVST) reported PP&E (net) of $510.05M in Q1 2026.
How has Microvast Holdings, Inc.'s PP&E (net) changed year-over-year?: Microvast Holdings, Inc.'s PP&E (net) increased by 5.1% year-over-year, from $485.16M to $510.05M.
What is the long-term trend for Microvast Holdings, Inc.'s PP&E (net)?: Over 5 years (2020 to 2025), Microvast Holdings, Inc.'s PP&E (net) has grown at a 20.7% compound annual growth rate (CAGR), from $198.02M to $508.06M.
What does PP&E (net) mean?: Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.