VinFast Auto Ltd. (VFS)
NASDAQ: VFS · Real-Time Price · USD
3.029
+0.069 (2.32%)
Oct 23, 2026, 12:10 PM EDT - Market open
VinFast Auto Income Statement
Financials in millions VND. Fiscal year is January - December.
Millions VND. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Revenue | 110,444,881 | 84,594,702 | 40,145,556 | 25,398,136 | 13,927,746 | 16,028,182 |
Other Revenue | 363,228 | 5,583,926 | 3,873,459 | 2,485,685 | - | - |
| 110,808,109 | 90,178,628 | 44,019,015 | 27,883,821 | 13,927,746 | 16,028,182 | |
Revenue Growth | 79.48% | 104.86% | 57.87% | 100.20% | -13.11% | 17.08% |
Cost of Revenue | 178,479,703 | 131,089,148 | 69,296,654 | 41,594,732 | 26,974,525 | 25,283,958 |
Gross Profit | -67,671,594 | -40,910,520 | -25,277,639 | -13,710,911 | -13,046,779 | -9,255,776 |
Selling, General & Admin | 21,954,743 | 21,195,182 | 16,888,031 | 11,273,285 | 9,433,465 | 4,628,399 |
Research & Development | 11,982,376 | 9,922,735 | 10,025,329 | 15,414,442 | 21,196,862 | 9,255,376 |
Other Operating Expenses | 2,042,858 | 1,443,134 | 1,870,773 | 959,554 | 74,718 | -77,098 |
Operating Expenses | 35,979,977 | 32,561,051 | 28,784,133 | 27,647,281 | 30,705,045 | 13,806,677 |
Operating Income | -103,651,571 | -73,471,571 | -54,061,772 | -41,358,192 | -43,751,824 | -23,062,453 |
Interest Expense | -15,166,360 | -17,329,093 | -15,661,165 | -10,129,306 | -6,527,870 | -3,442,117 |
Interest & Investment Income | 546,398 | 546,398 | 621,345 | 570,007 | 158,641 | 1,396,872 |
Earnings From Equity Investments | -106,093 | -106,093 | -48,836 | 36,422 | 32 | -36,786 |
Currency Exchange Gain (Loss) | -169,672 | -169,672 | -1,035,914 | -695,050 | -804,423 | 448,769 |
Other Non Operating Income (Expenses) | -7,324,981 | -7,962,905 | -6,628,252 | -8,516,139 | -970,918 | -2,860,292 |
EBT Excluding Unusual Items | -125,872,279 | -98,492,936 | -76,814,594 | -60,092,258 | -51,896,362 | -27,556,007 |
Gain (Loss) on Sale of Assets | -732,623 | -732,623 | -570,050 | -81,165 | - | -113,395 |
Other Unusual Items | - | - | - | - | - | -4,340,322 |
Pretax Income | -126,604,902 | -99,225,559 | -77,384,644 | -60,173,423 | -51,896,362 | -32,009,724 |
Income Tax Expense | 358,257 | 357,289 | -29,695 | 76,925 | 1,062,335 | 209,237 |
Earnings From Continuing Operations | -126,963,159 | -99,582,848 | -77,354,949 | -60,250,348 | -52,958,697 | -32,218,961 |
Minority Interest in Earnings | 222,477 | 198,189 | 89,585 | 82,222 | 70,885 | 35,234 |
Net Income | -90,847,925 | -99,384,659 | -77,265,364 | -60,168,126 | -52,887,812 | -32,183,727 |
Net Income to Common | -90,847,925 | -99,384,659 | -77,265,364 | -60,168,126 | -52,887,812 | -32,183,727 |
Net Income Growth | - | - | - | - | - | - |
Shares Outstanding (Basic) | 2,340 | 2,339 | 2,338 | 2,311 | 2,299 | 1,579 |
Shares Outstanding (Diluted) | 2,340 | 2,339 | 2,338 | 2,311 | 2,299 | 1,579 |
Shares Change | 0.03% | 0.03% | 1.19% | 0.51% | 45.62% | - |
EPS (Basic) | -38831.60 | -42487.59 | -33041.76 | -26037.53 | -23004.62 | -20385.88 |
EPS (Diluted) | -38832.01 | -42488.00 | -33042.00 | -26038.00 | -23005.00 | -20386.00 |
EPS Growth | - | - | - | - | - | - |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | -73,891,551 | -67,440,504 | -47,157,756 | -74,798,563 | -71,205,439 | -34,977,013 |
Free Cash Flow Per Share | -31583.85 | -28831.26 | -20166.54 | -32368.80 | -30972.24 | -22155.21 |
Gross Margin | -61.07% | -45.37% | -57.42% | -49.17% | -93.67% | -57.75% |
Operating Margin | -93.54% | -81.47% | -122.82% | -148.32% | -314.13% | -143.89% |
Profit Margin | -81.99% | -110.21% | -175.53% | -215.78% | -379.73% | -200.80% |
Free Cash Flow Margin | -66.68% | -74.78% | -107.13% | -268.25% | -511.25% | -218.22% |
EBITDA | -91,689,624 | -62,014,327 | -44,185,295 | -34,376,273 | -37,362,069 | -18,171,081 |
EBITDA Margin | -82.75% | -68.77% | -100.38% | -123.28% | -268.26% | -113.37% |
D&A For EBITDA | 11,961,947 | 11,457,244 | 9,876,477 | 6,981,919 | 6,389,755 | 4,891,372 |
EBIT | -103,651,571 | -73,471,571 | -54,061,772 | -41,358,192 | -43,751,824 | -23,062,453 |
EBIT Margin | -93.54% | -81.47% | -122.81% | -148.32% | - | -143.89% |
Revenue as Reported | 110,808,109 | 90,178,628 | 44,019,015 | 27,883,821 | 13,927,746 | 16,028,182 |
Advertising Expenses | - | 1,744,700 | 2,236,900 | 1,266,400 | 1,839,100 | 614,805 |