VinFast Auto Ltd. (VFS)
NASDAQ: VFS · Real-Time Price · USD
3.040
-0.070 (-2.25%)
Jul 8, 2026, 1:49 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 Quarter | 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 | 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 |
| 24,259,100 | 39,411,700 | 18,100,200 | 16,609,300 | 16,630,300 | 16,496,400 | 12,326,500 | 8,670,240 | 6,525,860 | 9,715,570 | 8,254,310 | 7,952,530 | 1,971,630 | 4,465,120 | 3,182,770 | 3,439,300 | 3,878,400 | 4,850,300 | |
Revenue Growth (YoY) | 45.87% | 138.91% | 46.84% | 91.57% | 154.84% | 69.79% | 49.33% | 9.03% | 230.99% | 117.59% | 159.34% | 131.22% | -49.16% | -7.94% | - | - | - | - |
Cost of Revenue | 42,091,300 | 55,143,700 | 28,267,800 | 23,434,200 | 22,463,600 | 29,550,800 | 15,284,400 | 14,106,700 | 10,354,800 | 14,446,200 | 10,722,000 | 10,667,200 | 5,780,400 | 8,154,720 | 6,627,410 | 5,963,840 | 6,486,530 | 7,617,110 |
Gross Profit | -17,832,200 | -15,732,000 | -10,167,600 | -6,824,890 | -5,858,970 | -13,054,400 | -2,957,890 | -5,436,450 | -3,828,910 | -4,730,630 | -2,467,660 | -2,714,620 | -3,808,770 | -3,689,600 | -3,444,640 | -2,524,540 | -2,608,130 | -2,766,820 |
Selling, General & Admin | 2,660,340 | 9,811,990 | 4,332,040 | 3,400,510 | 3,812,170 | 6,532,850 | 3,461,210 | 3,836,790 | 3,057,190 | 3,146,310 | 2,763,440 | 2,748,300 | 2,381,700 | 3,881,360 | 1,927,480 | 1,556,600 | 1,858,310 | 1,657,300 |
Research & Development | 2,660,340 | 2,869,360 | 2,679,110 | 2,335,130 | 2,046,800 | 2,678,370 | 2,091,730 | 2,662,530 | 2,592,700 | 3,167,210 | 3,167,070 | 3,613,060 | 5,007,700 | 5,898,320 | 3,593,740 | 6,871,280 | 3,576,560 | 3,988,920 |
Other Operating Expenses | 816,540 | 629,149 | 208,339 | 559,555 | 562,870 | 1,586,500 | -389,450 | 1,460,670 | 550,441 | 946,653 | 524,291 | 154,438 | -55,900 | -649,441 | 859,763 | 588,003 | 27,485 | 301,515 |
Total Operating Expenses | 6,137,220 | 13,310,499 | 7,219,489 | 6,295,195 | 6,421,840 | 10,797,720 | 5,163,490 | 7,959,990 | 6,200,331 | 7,260,173 | 6,454,801 | 6,515,798 | 7,333,500 | 9,130,239 | 6,380,983 | 9,015,883 | 5,462,355 | 5,947,735 |
Operating Income | -23,995,700 | -29,042,500 | -17,387,100 | -13,120,100 | -12,280,800 | -23,852,100 | -8,121,370 | -13,396,400 | -10,029,200 | -11,990,800 | -8,922,450 | -9,230,420 | -11,142,300 | -12,819,800 | -9,825,610 | -11,540,400 | -8,070,490 | -13,054,900 |
Interest Income | 105,360 | 164,570 | 59,902 | 56,243 | 25,585 | 51,302 | 75,208 | 199,571 | 28,449 | 17,439 | 25,207 | 26,050 | 15,213 | -3,801 | 12,243 | 36,015 | 43,603 | 69,234 |
Interest Expense | -5,373,360 | -5,684,110 | -5,995,480 | -5,581,350 | -5,142,590 | -5,437,010 | -4,991,830 | -4,514,560 | -4,164,760 | -3,820,850 | -3,526,720 | -2,749,690 | -2,322,860 | -2,505,050 | -2,027,880 | -1,880,420 | -1,546,490 | -1,415,620 |
Other Non-Operating Income (Expense) | -342,420 | -667,181 | -514,891 | -1,462,750 | -665,210 | -1,397,160 | -240,852 | -982,587 | -611,264 | -1,032,580 | -2,561,430 | -607,610 | -671,463 | -51,284 | 617,010 | -273,370 | 933,656 | 45,454 |
Total Non-Operating Income (Expense) | -5,610,420 | -6,186,720 | -6,450,470 | -6,987,850 | -5,782,210 | -6,782,870 | -5,157,470 | -5,297,570 | -4,747,570 | -4,835,990 | -6,062,950 | -3,331,250 | -2,979,110 | -2,560,130 | -1,398,630 | -2,117,780 | -569,228 | -1,300,930 |
Pretax Income | -29,527,100 | -35,229,200 | -23,837,500 | -20,107,900 | -18,037,400 | -30,635,000 | -13,278,800 | -18,694,000 | -14,776,800 | -16,826,800 | -14,985,400 | -12,561,700 | -14,121,400 | -15,380,000 | -11,224,200 | -13,658,200 | -8,639,720 | -14,207,500 |
Provision for Income Taxes | -26,340 | -29,928 | 173,570 | 233,677 | 0 | -40,167 | -26,900 | 70,316 | -32,944 | 104,448 | 18,444 | -26,466 | -560 | -66,516 | -983 | -6,383 | 1,020,620 | 11,303 |
Net Income | -29,500,800 | -35,199,300 | -24,011,100 | -20,341,600 | -18,037,400 | -30,594,800 | -13,251,900 | -18,764,300 | -14,743,900 | -16,931,200 | -15,003,800 | -12,535,200 | -14,120,800 | -15,313,500 | -11,223,300 | -13,651,800 | -9,660,340 | -14,218,800 |
Minority Interest in Earnings | -52,680 | -98,073 | -58,277 | -25,517 | -25,585 | -19,228 | -24,671 | -23,101 | -22,585 | -11,903 | -17,152 | -21,717 | -27,621 | -27,715 | -14,623 | -10,932 | -11,805 | -15,225 |
Net Income to Common | -29,448,100 | -35,101,200 | -23,952,800 | -20,316,100 | -18,011,800 | -30,575,600 | -13,227,300 | -18,741,200 | -14,721,300 | -16,919,300 | -14,986,700 | -12,513,500 | -14,093,200 | -15,285,700 | -11,208,600 | -13,640,900 | -9,648,530 | -14,203,600 |
Shares Outstanding (Basic) | 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 | 2,299 | 2,299 | 2,299 | 2,299 | 2,047 |
Shares Outstanding (Diluted) | 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 | 2,299 | 2,299 | 2,299 | 2,299 | 2,047 |
Shares Change (YoY) | 0.03% | 0.03% | 0.03% | 0.02% | 0.04% | 0.17% | 1.29% | 1.67% | 1.65% | 1.55% | 0.43% | 0.04% | 0.04% | 12.31% | - | - | - | - |
EPS (Basic) | -12643.20 | -15004.00 | -10239.00 | -8686.00 | -7675.50 | -13074.00 | -5656.00 | -8015.00 | -6297.00 | -7247.00 | -6491.00 | -5431.00 | -6127.00 | -6648.00 | -4876.00 | -5933.00 | -4197.00 | -7746.75 |
EPS (Diluted) | -12643.20 | -15004.00 | -10239.00 | -8686.00 | -7675.50 | -13074.00 | -5656.00 | -8015.00 | -6297.00 | -7247.00 | -6491.00 | -5431.00 | -6127.00 | -6648.00 | -4876.00 | -5933.00 | -4197.00 | -7746.75 |
Free Cash Flow | -18,326,300 | -14,039,300 | -17,771,800 | -16,901,300 | -18,728,000 | -5,098,410 | -14,362,500 | -10,480,200 | -17,216,700 | -78,177,200 | -28.75 | -10,154,400 | -26,758,900 | -71,205,400 | -17.09 | -9,541,290 | -11,569,400 | -8,173,350 |
Free Cash Flow Per Share | -7833.32 | -6000.94 | -7596.66 | -7226.45 | -8007.50 | -2179.91 | -6141.23 | -4482.01 | -7364.27 | -33484.00 | -0.01 | -4414.96 | -11634.30 | -30970.40 | -0.01 | -4150.26 | -5032.46 | -3992.58 |
Gross Margin | -73.51% | -39.92% | -56.17% | -41.09% | -35.23% | -79.13% | -24.00% | -62.70% | -58.67% | -48.69% | -29.90% | -34.14% | -193.18% | -82.63% | -108.23% | -73.40% | -67.25% | -57.04% |
Operating Margin | -98.91% | -73.69% | -96.06% | -78.99% | -73.85% | -144.59% | -65.89% | -154.51% | -153.68% | -123.42% | -108.10% | -116.07% | -565.13% | -287.11% | -308.71% | -335.54% | -208.09% | -269.16% |
Profit Margin | -121.61% | -89.31% | -132.66% | -122.47% | -108.46% | -185.46% | -107.51% | -216.42% | -225.93% | -174.27% | -181.77% | -157.63% | -716.20% | -342.96% | -352.63% | -396.94% | -249.08% | -293.15% |
FCF Margin | -75.54% | -35.62% | -98.19% | -101.76% | -112.61% | -30.91% | -116.52% | -120.88% | -263.82% | -804.66% | -0.00% | -127.69% | -1357.20% | -1594.70% | -0.00% | -277.42% | -298.31% | -168.51% |
EBITDA | -21,009,300 | -29,042,500 | -14,624,600 | -10,378,300 | -9,501,110 | -23,852,100 | -5,444,690 | -10,891,700 | -7,925,840 | -11,990,800 | -8,922,450 | -7,766,220 | -9,981,960 | -6,430,090 | -9,825,610 | -9,921,040 | -6,403,790 | -11,595,400 |
EBITDA Margin | -86.60% | -73.69% | -80.80% | -62.48% | -57.13% | -144.59% | -44.17% | -125.62% | -121.45% | -123.42% | -108.10% | -97.66% | -506.28% | -144.01% | -308.71% | -288.46% | -165.11% | -239.07% |
EBIT | -23,995,700 | -29,042,500 | -17,387,100 | -13,120,100 | -12,280,800 | -23,852,100 | -8,121,370 | -13,396,400 | -10,029,200 | -11,990,800 | -8,922,450 | -9,230,420 | -11,142,300 | -12,819,800 | -9,825,610 | -11,540,400 | -8,070,490 | -13,054,900 |
EBIT Margin | -98.91% | -73.69% | -96.06% | -78.99% | -73.85% | -144.59% | -65.89% | -154.51% | -153.68% | -123.42% | -108.10% | -116.07% | -565.13% | -287.11% | -308.71% | -335.54% | -208.09% | -269.16% |
Effective Tax Rate | 0.09% | 0.08% | -0.73% | -1.16% | 0.00% | 0.13% | 0.20% | -0.38% | 0.22% | -0.62% | -0.12% | 0.21% | 0.00% | 0.43% | 0.01% | 0.05% | -11.81% | -0.08% |