VinFast Auto Ltd. (VFS)
NASDAQ: VFS · Real-Time Price · USD
3.250
+0.030 (0.93%)
At close: Nov 6, 2026, 4:00 PM EST
3.280
+0.030 (0.92%)
After-hours: Nov 6, 2026, 7:57 PM EST
VinFast Auto Income Statement
Financials in millions VND. Fiscal year is January - December.
Millions VND. Fiscal year is Jan - Dec.
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Revenue | 28,833,074 | 23,111,052 | 33,578,799 | 18,100,218 | 16,609,309 | 16,306,376 | 12,622,917 | 12,326,537 | 8,670,238 | 6,525,864 | 9,705,358 | 8,254,306 | 7,941,500 | 1,971,626 | 4,465,119 | 3,182,774 | 3,439,302 | 3,878,396 | 4,850,296 |
Other Revenue | 1,507,778 | - | 5,583,926 | - | - | - | 3,873,459 | - | - | - | - | - | - | - | - | - | - | - | - |
| 30,340,852 | 23,111,052 | 39,162,725 | 18,100,218 | 16,609,309 | 16,306,376 | 16,496,376 | 12,326,537 | 8,670,238 | 6,525,864 | 9,705,358 | 8,254,306 | 7,941,500 | 1,971,626 | 4,465,119 | 3,182,774 | 3,439,302 | 3,878,396 | 4,850,296 | |
Revenue Growth (YoY) | 82.67% | 41.73% | 137.40% | 46.84% | 91.57% | 149.87% | 69.97% | 49.34% | 9.18% | 230.99% | 117.36% | 159.34% | 130.90% | -49.16% | -7.94% | - | - | - | - |
Cost of Revenue | 49,392,158 | 40,115,944 | 57,344,300 | 28,267,783 | 23,434,199 | 22,042,866 | 29,550,771 | 15,284,423 | 14,106,687 | 10,354,773 | 14,425,216 | 10,721,967 | 10,887,158 | 5,780,396 | 8,154,716 | 6,628,974 | 5,963,839 | 6,486,530 | 7,617,111 |
Gross Profit | -19,051,306 | -17,004,892 | -18,181,575 | -10,167,565 | -6,824,890 | -5,736,490 | -13,054,395 | -2,957,886 | -5,436,449 | -3,828,909 | -4,719,858 | -2,467,661 | -2,945,658 | -3,808,770 | -3,689,597 | -3,446,200 | -2,524,537 | -2,608,134 | -2,766,815 |
Selling, General & Admin | 5,259,897 | 2,539,543 | 9,712,037 | 4,332,041 | 3,400,505 | 3,750,599 | 6,532,845 | 3,461,210 | 3,836,791 | 3,057,185 | 3,379,847 | 2,763,436 | 2,924,923 | 2,381,700 | 3,881,358 | 1,927,478 | 1,556,603 | 1,858,312 | 1,657,301 |
Research & Development | 3,874,930 | 2,535,422 | 2,892,915 | 2,679,109 | 2,335,125 | 2,015,586 | 2,678,370 | 2,091,725 | 2,662,530 | 2,592,704 | 3,626,612 | 3,167,066 | 3,644,612 | 5,007,703 | 5,898,324 | 3,593,736 | 6,871,280 | 3,576,558 | 3,988,922 |
Other Operating Expenses | 960,693 | 781,751 | 117,752 | 208,339 | 559,555 | 557,488 | 249,115 | -389,450 | 1,460,667 | 550,441 | 336,725 | 524,291 | 138,955 | -55,900 | -1,587,033 | 859,763 | 588,003 | 27,485 | 636,889 |
Operating Expenses | 10,095,520 | 5,856,716 | 12,722,704 | 7,219,489 | 6,295,185 | 6,323,673 | 9,460,330 | 5,163,485 | 7,959,988 | 6,200,330 | 7,343,184 | 6,454,793 | 6,708,490 | 7,333,503 | 8,192,649 | 6,380,977 | 9,015,886 | 5,462,355 | 6,283,112 |
Operating Income | -29,146,826 | -22,861,608 | -30,904,279 | -17,387,054 | -13,120,075 | -12,060,163 | -22,514,725 | -8,121,371 | -13,396,437 | -10,029,239 | -12,063,042 | -8,922,454 | -9,654,148 | -11,142,273 | -11,882,246 | -9,827,177 | -11,540,423 | -8,070,489 | -9,049,927 |
Interest Expense | -1,550,669 | -5,118,408 | -698,659 | -5,995,478 | -5,581,350 | -5,053,606 | -1,990,021 | -4,991,829 | -4,514,558 | -4,164,757 | -1,530,037 | -3,526,722 | -3,780,401 | -2,322,862 | -436,549 | -2,027,884 | -1,880,423 | -1,546,487 | -259,498 |
Interest & Investment Income | 104,996 | 104,776 | 404,676 | 59,902 | 56,243 | 25,577 | 318,117 | 75,208 | 199,571 | 28,449 | 503,537 | 25,207 | 338,702 | 15,213 | - | 12,243 | 36,015 | 43,603 | 110,471 |
Earnings From Equity Investments | - | 69,301 | 32,685 | -11,501 | -164,243 | 36,966 | -27,170 | 10,236 | -30,468 | -1,434 | 36,422 | - | 10,922 | - | - | - | - | - | -1,638 |
Currency Exchange Gain (Loss) | - | - | -169,672 | - | - | - | -1,035,914 | - | - | - | -695,050 | - | - | - | -828,161 | - | - | - | 448,769 |
Other Non Operating Income (Expenses) | -596,710 | -335,170 | -5,513,721 | -503,390 | -1,298,503 | -647,291 | -4,815,215 | -251,088 | -952,119 | -609,830 | -4,675,634 | -2,561,432 | -607,610 | -671,463 | -2,123,582 | 618,573 | -273,370 | 933,656 | -1,001,992 |
EBT Excluding Unusual Items | -31,189,209 | -28,141,109 | -36,848,970 | -23,837,521 | -20,107,928 | -17,698,517 | -30,064,928 | -13,278,844 | -18,694,011 | -14,776,811 | -18,423,804 | -14,985,401 | -13,692,535 | -14,121,385 | -15,270,538 | -11,224,245 | -13,658,201 | -8,639,717 | -9,753,815 |
Gain (Loss) on Sale of Assets | - | - | -732,623 | - | - | - | -570,050 | - | - | - | -81,165 | - | - | - | - | - | - | - | -113,395 |
Other Unusual Items | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -109,431 | - | - | - | -4,340,322 |
Pretax Income | -31,189,209 | -28,141,109 | -37,581,593 | -23,837,521 | -20,107,928 | -17,698,517 | -30,634,978 | -13,278,844 | -18,694,011 | -14,776,811 | -18,504,969 | -14,985,401 | -13,692,535 | -14,121,385 | -15,379,969 | -11,224,245 | -13,658,201 | -8,639,717 | -14,207,532 |
Income Tax Expense | 8 | -33,127 | -45,210 | 173,570 | 233,677 | -4,748 | -40,167 | -26,900 | 70,316 | -32,944 | 85,507 | 18,444 | -39,978 | -560 | -66,516 | -983 | -6,383 | 1,020,620 | 11,303 |
Earnings From Continuing Operations | -31,189,217 | -28,107,982 | -37,536,383 | -24,011,091 | -20,341,605 | -17,693,769 | -30,594,811 | -13,251,944 | -18,764,327 | -14,743,867 | -18,590,476 | -15,003,845 | -13,652,557 | -14,120,825 | -15,313,453 | -11,223,262 | -13,651,818 | -9,660,337 | -14,218,835 |
Earnings From Discontinued Operations | 29,774,271 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Net Income to Company | -1,414,946 | -28,107,982 | -37,536,383 | -24,011,091 | -20,341,605 | -17,693,769 | -30,594,811 | -13,251,944 | -18,764,327 | -14,743,867 | -18,590,476 | -15,003,845 | -13,652,557 | -14,120,825 | -15,313,453 | -11,223,262 | -13,651,818 | -9,660,337 | -14,218,835 |
Minority Interest in Earnings | 23,763 | 48,022 | 92,415 | 58,277 | 25,517 | 21,980 | 19,228 | 24,671 | 23,101 | 22,585 | 15,732 | 17,152 | 23,601 | 27,621 | 27,715 | 14,623 | 10,932 | 11,805 | 15,225 |
Net Income | -1,391,183 | -28,059,960 | -37,443,968 | -23,952,814 | -20,316,088 | -17,671,789 | -30,575,583 | -13,227,273 | -18,741,226 | -14,721,282 | -18,574,744 | -14,986,693 | -13,628,956 | -14,093,204 | -15,285,738 | -11,208,639 | -13,640,886 | -9,648,532 | -14,203,610 |
Net Income to Common | -1,391,183 | -28,059,960 | -37,443,968 | -23,952,814 | -20,316,088 | -17,671,789 | -30,575,583 | -13,227,273 | -18,741,226 | -14,721,282 | -18,574,744 | -14,986,693 | -13,628,956 | -14,093,204 | -15,285,738 | -11,208,639 | -13,640,886 | -9,648,532 | -14,203,610 |
Net Income Growth (YoY) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Shares Outstanding (Basic) | 2,340 | 2,340 | 2,340 | 2,339 | 2,339 | 2,339 | 2,339 | 2,339 | 2,338 | 2,338 | 2,335 | 2,309 | 2,300 | 2,300 | 1,961 | 2,299 | 2,299 | 2,299 | 2,148 |
Shares Outstanding (Diluted) | 2,340 | 2,340 | 2,340 | 2,339 | 2,339 | 2,339 | 2,339 | 2,339 | 2,338 | 2,338 | 2,335 | 2,309 | 2,300 | 2,300 | 1,961 | 2,299 | 2,299 | 2,299 | 2,148 |
Shares Change (YoY) | 0.03% | 0.03% | 0.03% | 0.03% | 0.02% | 0.04% | 0.17% | 1.29% | 1.67% | 1.65% | 19.08% | 0.43% | 0.04% | 0.04% | -8.71% | - | - | - | - |
EPS (Basic) | -594.64 | -11993.81 | -16005.00 | -10238.74 | -8686.50 | -7555.88 | -13073.77 | -5655.83 | -8014.94 | -6296.90 | -7955.74 | -6491.01 | -5925.63 | -6127.48 | -7795.90 | -4875.52 | -5933.49 | -4196.91 | -6612.74 |
EPS (Diluted) | -594.64 | -11993.81 | -16005.41 | -10238.74 | -8686.50 | -7555.88 | -13074.01 | -5655.83 | -8014.94 | -6296.90 | -7956.20 | -6491.01 | -5926.11 | -6127.48 | -7795.90 | -4875.52 | -5933.49 | -4197.00 | -6612.74 |
EPS Growth (YoY) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Additional Metrics
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | - | -18,326,343 | -14,039,309 | -17,771,846 | -16,901,316 | -18,728,033 | -5,098,410 | -14,362,478 | -10,480,217 | -17,216,651 | -9,136,730 | -28,748,521 | -5,160,491 | -26,758,895 | -15,106,970 | -17,092,381 | -9,541,287 | -11,569,447 | -8,173,348 |
Free Cash Flow Per Share | - | -7833.32 | -6000.94 | -7596.66 | -7226.45 | -8007.50 | -2180.02 | -6141.23 | -4482.01 | -7364.27 | -3913.35 | -12451.51 | -2243.69 | -11634.30 | -7704.73 | -7434.82 | -4150.26 | -5032.46 | -3805.25 |
Gross Margin | -62.79% | -73.58% | -46.43% | -56.17% | -41.09% | -35.18% | -79.14% | -24.00% | -62.70% | -58.67% | -48.63% | -29.89% | -37.09% | -193.18% | -82.63% | -108.28% | -73.40% | -67.25% | -57.04% |
Operating Margin | -96.06% | -98.92% | -78.91% | -96.06% | -78.99% | -73.96% | -136.48% | -65.89% | -154.51% | -153.68% | -124.29% | -108.10% | -121.57% | -565.13% | -266.11% | -308.76% | -335.54% | -208.09% | -186.59% |
Profit Margin | -4.58% | -121.41% | -95.61% | -132.33% | -122.32% | -108.37% | -185.35% | -107.31% | -216.16% | -225.58% | -191.39% | -181.56% | -171.62% | -714.80% | -342.34% | -352.17% | -396.62% | -248.78% | -292.84% |
Free Cash Flow Margin | - | -79.30% | -35.85% | -98.19% | -101.76% | -114.85% | -30.91% | -116.52% | -120.88% | -263.82% | -94.14% | -348.29% | -64.98% | -1357.20% | -338.33% | -537.03% | -277.42% | -298.31% | -168.51% |
EBITDA | -26,145,063 | -19,875,136 | -27,692,978 | -14,624,643 | -10,416,230 | -9,280,476 | -19,923,086 | -5,444,685 | -10,891,681 | -7,925,843 | -9,563,912 | -7,064,190 | -8,003,176 | -9,981,955 | -10,687,029 | -8,041,962 | -9,921,042 | -6,403,794 | -7,590,484 |
EBITDA Margin | -86.17% | -86.00% | -70.71% | -80.80% | -62.71% | -56.91% | -120.77% | -44.17% | -125.62% | -121.45% | -98.54% | -85.58% | -100.78% | - | -239.34% | -252.67% | -288.46% | -165.11% | -156.50% |
D&A For EBITDA | 3,001,763 | 2,986,472 | 3,211,301 | 2,762,411 | 2,703,845 | 2,779,687 | 2,591,639 | 2,676,686 | 2,504,756 | 2,103,396 | 2,499,130 | 1,858,264 | 1,650,972 | 1,160,318 | 1,195,217 | 1,785,215 | 1,619,381 | 1,666,695 | 1,459,443 |
EBIT | -29,146,826 | -22,861,608 | -30,904,279 | -17,387,054 | -13,120,075 | -12,060,163 | -22,514,725 | -8,121,371 | -13,396,437 | -10,029,239 | -12,063,042 | -8,922,454 | -9,654,148 | -11,142,273 | -11,882,246 | -9,827,177 | -11,540,423 | -8,070,489 | -9,049,927 |
EBIT Margin | -96.06% | -98.92% | -78.91% | -96.06% | -78.99% | -73.96% | -136.48% | -65.89% | -154.51% | -153.68% | -124.29% | -108.09% | -121.57% | - | -266.11% | - | - | -208.09% | -186.59% |
Revenue as Reported | 30,340,852 | 23,111,052 | 39,162,725 | 18,100,218 | 16,609,309 | 16,306,376 | 16,496,376 | 12,326,537 | 8,670,238 | 6,525,864 | 9,705,358 | 8,254,306 | 7,941,500 | 1,971,626 | 14,965,591 | 3,182,774 | 3,439,302 | 3,878,396 | 16,028,182 |