Company / SG&A Expense
Microvast Holdings, Inc. SG&A Expense History
FY2019-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest SG&A Expense
$57.8M
FY2025
5-year range
$18.8M / $101.6M
FY2021-FY2025
Trend
-29.0%
vs FY2024
Sector context
#287 of 311
Industrials
What the data says
Among 311 Industrials companies, Microvast Holdings, Inc. is in the top 8% for sg&a expense. SG&A Expense has fluctuated over the past 7 years, ranging from $15M in FY2019 to $102M in FY2021.
Based on SEC 10-K filings.
$58M in FY2025 with a 5-year CAGR of +25.1%.
Improved from $97M to $58M over the past 2 years.
Industrials sector context is included.
SG&A Expense over time
Growth rates
- 3-Year CAGR
- +45.3%
- 5-Year CAGR
- +25.1%
- 10-Year CAGR
- -
Sector benchmark
Top 8% in IndustrialsTop 8% of 311This company $57.8M Sector average $849.5M
▼
-93.2% below sector average
Key checks
Key Insights
- 5-year CAGR of +25.1%, indicating consistent growth.
- In FY2025, sg&a expense decreased 29.0% year-over-year.
- Ranks #287 out of 311 companies in the Industrials sector.
- Peak sg&a expense was recorded in FY2021.
Company context
Key Data Points
- Altman Z-Score -0.24 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | SG&A ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $57.8M | -29.0% |
| FY2024 | $81.5M | -15.8% |
| FY2023 | $96.8M | +413.5% |
| FY2022 | $18.8M | -81.5% |
| FY2021 | $101.6M | +439.2% |
| FY2020 | $18.8M | +24.3% |
| FY2019 | $15.2M | - |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026