Microvast Holdings, Inc.MVSTNASDAQ
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R&D Expenses Over TimeContracting
Percentile Rank43
3Y CAGR-7.8%
5Y CAGR+15.4%
Studio
Year-over-Year Change

Research and development spending

3Y CAGR
-7.8%/yr
vs +7.6%/yr prior
5Y CAGR
+15.4%/yr
Recent deceleration
Acceleration
-15.4pp
Decelerating
Percentile
P43
Within normal range
vs 5Y Ago
2.1x
Strong expansion
Streak
2 yr
Consecutive declineContracting
PeriodValueYoY Change
2025$34.11M-16.9%
2024$41.06M-8.8%
2023$45.00M+3.4%
2022$43.51M+26.5%
2021$34.38M+106.7%
2020$16.64M-36.0%
2019$26.00M-19.9%
2018$32.45M-