Microvast Holdings, Inc. (MVST)

Microvast Holdings Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	-29.22	-195.46	-106.41	-158.2	-206.48
Depreciation & Amortization	33.13	30.83	22.93	20.37	20.71
Stock-Based Compensation	3.07	30.84	64.97	90.81	82.89
Other Adjustments	98.45	189.36	21.69	23.55	81.8
Change in Receivables	-54.6	15.28	-47.1	-35.74	-1.83
Changes in Inventories	27.09	-0.55	-74.41	-43.69	-25.89
Changes in Accounts Payable	-20.19	-44.52	68.58	7.15	-2.5
Changes in Accrued Expenses	20.59	-16.49	6.6	-24.67	-5.95
Changes in Other Operating Activities	-2.41	-6.49	-32.16	66.51	12.21
Operating Cash Flow	75.91	2.81	-75.3	-53.93	-45.04
Operating Cash Flow Growth	2597.51%	-	-	-	-
Capital Expenditures	-19.83	-27.72	-186.79	-150.88	-87.86
Sale of Property, Plant & Equipment	3.79	10.01	1.65	0.01	-
Purchases of Investments	-	-	-5.97	-25.07	-
Proceeds from Sale of Investments	-	5.56	25.5	-	-
Investing Cash Flow	-16.05	-12.15	-165.61	-175.95	-87.86
Long-Term Debt Issued	85.71	126.52	47.85	58.71	104.85
Long-Term Debt Repaid	-97.45	-66.25	-14.81	-29.26	-45.99
Net Long-Term Debt Issued (Repaid)	-11.74	60.27	33.04	29.45	58.86
Issuance of Common Stock	28.75	-	-	-	705.13
Net Common Stock Issued (Repurchased)	28.75	-	-	-	705.13
Other Financing Activities	-19.7	-22.68	-	-	-139.04
Financing Cash Flow	-2.68	37.59	33.04	4.97	624.95
Effect of Exchange Rate Changes on Cash and Cash Equivalents	2.46	-6.84	-6.56	-8.59	2.87
Net Cash Flow	59.64	21.41	-214.43	-233.49	494.91
Free Cash Flow	56.07	-24.91	-262.09	-204.81	-132.9
FCF Margin	13.12%	-6.56%	-85.48%	-100.15%	-87.45%
Free Cash Flow Per Share	0.17	-0.08	-0.84	-0.68	-0.71
Levered Free Cash Flow	-2.59	-200.12	-268.69	-253.98	-264.53
Unlevered Free Cash Flow	46.43	-181.02	-301.96	-285.2	-283.34

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q