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VFSVinFast Auto Ltd.
$3.11$7.3B
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VFS logoVinFast Auto Ltd.(VFS)Earnings, Financials & Key Ratios

VFS•NASDAQ
$3.11
Price updated Jul 7, 2026
SectorConsumer CyclicalIndustryAuto ManufacturersSub-IndustryElectric-only passenger car makers
AboutVinFast Auto Ltd. engages in the design and manufacture of electric vehicles (EV), e-scooters, and e-buses in Vietnam, Canada, and the United States. The company operates through three segments: namely Car, E-scooters and Ebus. It offers the design, development, manufacturing and sales of e-scooters and related battery lease and battery charging service for cars, e-scooters, and Ebus. The company also offers electric SUV, mini car EV, mid-size pickup electric truck, 7-seater MPV, E-bus, E-scooter, electric bike, and battery technology and solutions. VinFast Auto Ltd. is based in Hai Phong City, Vietnam. VinFast Auto Ltd. operates as a subsidiary of Vingroup Joint Stock Company.Show more
  • Revenue$90427.61B+105.4%
  • EBITDA-$60115.08B-32.1%
  • Net Income-$97041.89B-25.6%
  • EPS (Diluted)-41486.00-25.6%
  • Gross Margin-42.53%+25.9%
  • EBITDA Margin-66.48%+35.7%
  • Operating Margin-79.19%+37.1%
  • Net Margin-107.31%+38.9%

VFS Price & Volume

VinFast Auto Ltd. (VFS) stock price & volume — 10-year historical chart

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Persistent Negative Margins Challenge Capital Intensive Growth

Investment Thesis • Updated 2026Q1

VerdictNegative: The company's fundamental instability is underscored by a persistent net loss of $28.2 trillion in 2026Q1 and a critically low current ratio of 0.48
Growth:Mixed
Profitability:Negative
Financial:Vulnerable
Cash Flow:Burning
Primary Risk:Structural capital deficiency

Key Thesis Takeaways

  • VinFast Auto faces a precarious financial outlook characterized by a structural inability to achieve positive unit economics, as evidenced by a 2026Q1 gross margin of -73.6%.
  • While the company continues to pursue aggressive international expansion, the reliance on massive capital injections to offset recurring net losses of $28.2 trillion in 2026Q1 alone suggests an unsustainable growth model.
  • Investors should monitor the company's critical liquidity constraints, highlighted by a current ratio of 0.48, which leaves the firm highly dependent on parent-level support to maintain its asset-heavy manufacturing operations.

Verdict Logic

indicating significant solvency risks.

VFS Growth Metrics

VinFast Auto Ltd. (VFS) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-
5 Years45.87%
3 Years86.55%
TTM80.97%

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM-34.12%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM-34.21%

Return on Capital

10 Years-1276.73%
5 Years-1528.44%
3 Years-2456.51%
Last Year-7091.74%

VFS Recent Earnings

VinFast Auto Ltd. (VFS) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 0/12 qtrs (0%)●Beat Revenue 2/12 qtrs (20%)
Q3 2026Latest
Jun 8, 2026
Metric
Actual
Est
EPS
$0.48-54.8%
$0.31
Rev
$921M-10.2%
$1.0B
Q2 2026
Mar 16, 2026
Metric
Actual
Est
EPS
$0.60-81.8%
$0.33
Rev
$1.6B+19.8%
$1.3B
Q4 2025
Nov 21, 2025
Metric
Actual
Est
EPS
$0.41-42.6%
$0.29
Rev
$685M-12.5%
$782M
Q4 2025
Sep 4, 2025
Metric
Actual
Est
EPS
$0.35-35.9%
$0.26
Rev
$635M-4.7%
$667M
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026LatestJun 8, 2026
$0.48vs $0.31-54.8%
$921Mvs $1.0B-10.2%
Q2 2026Mar 16, 2026
$0.60vs $0.33-81.8%
$1.6Bvs $1.3B+19.8%
Q4 2025Nov 21, 2025
$0.41vs $0.29-42.6%
$685Mvs $782M-12.5%
Q4 2025Sep 4, 2025
$0.35vs $0.26-35.9%
$635Mvs $667M-4.7%
Based on last 12 quarters of dataView full earnings history →

Latest VFS News

Recent stock market news and headlines for VinFast Auto Ltd. (VFS)

Seeking Alpha·Jun 26, 2026
VinFast Auto Ltd. (VFS) Shareholder/Analyst Call Prepared Remarks Transcript

VinFast Auto Ltd. (VFS) Shareholder/Analyst Call Prepared Remarks Transcript

PRNewsWire·Jun 18, 2026
VinFast VF 8: The Electric SUV That Puts Family First

IRVINE, Calif., June 18, 2026 /PRNewswire/ -- There's a particular kind of exhaustion that comes with long family road trips.

Business Wire·Jun 18, 2026
The Confidence Behind VinFast's 10-Year Promise

MARKHAM, Ontario--(BUSINESS WIRE)--VinFast's 10-year EV warranty offers insight into how the company views vehicle quality, long-term reliability, and the future of EV ownership. Battery longevity, repair costs, and long-term reliability remain among the most common concerns for EV shoppers. That is why VinFast's offering of a 10-year or 200,000-kilometre vehicle warranty, alongside a 10-year unlimited-kilometre battery warranty for non-commercial use, stands out in Canada's increasingly crowde.

Business Wire·Jun 16, 2026
The VinFast VF 8 and the Power of a First EV Experience

MARKHAM, Ontario--(BUSINESS WIRE)--The environmental case for EVs is becoming harder to ignore. Yet the real turning point for many drivers comes when they experience an EV like the VinFast VF 8 for themselves. For years, the debate around electric vehicles revolved around one question: Are they actually better for the environment? A new study led by researchers at MIT suggests that debate is largely over. Published in Environmental Research Letters, the study found that battery electric vehicl.

Peers Comparison

Key metrics vs top competitors for VinFast Auto Ltd. (VFS)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
VFS logoVFSVinFast Auto Ltd.Current
$3.11$7.28B-1.97105.43%-107.31%——
NIO logoNIONIO Inc.
$4.88$11.5B-4.9929.47%-35.01%-270.66%—
LI logoLILi Auto Inc.
$12.05$12.17B78.72-24.4%1.01%1.54%—
XPEV logoXPEVXPeng Inc.
$13.17$12.51B-37.6082.62%-7.1%-13.77%—
TSLA logoTSLATesla, Inc.
$402.90$1.51T373.06-2.93%3.96%4.75%—
RIVN logoRIVNRivian Automotive, Inc.
$16.49$20.4B-5.378.39%-63.62%-69.6%—

Compare VFS vs Peers

VinFast Auto Ltd. (VFS) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs NIO

Most directly comparable listed peer for VFS.

Scale Benchmark

vs TSLA

Larger-name benchmark to compare VFS against a more recognizable public peer.

Peer Set

Compare Top 5

vs NIO, LI, XPEV, TSLA

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VFS Frequently Asked Questions

VinFast Auto Ltd. (VFS) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is VinFast Auto Ltd.'s revenue?

VinFast Auto Ltd. (VFS) reported $97.36T in revenue for fiscal year 2025. This represents a 611% increase from $13.69T in 2020.

How fast is VinFast Auto Ltd. growing?

VinFast Auto Ltd. (VFS) grew revenue by 105.4% over the past year. This is strong growth.

Is VFS profitable?

VinFast Auto Ltd. (VFS) reported a net loss of $107.58T for fiscal year 2025.

Dividend & Returns
What is VinFast Auto Ltd.'s free cash flow?

VinFast Auto Ltd. (VFS) had negative free cash flow of $67.04T in fiscal year 2025, likely due to heavy capital investments.

What if you invested $1,000 in VFS back in 2020?

Total return calculator · dividends reinvested · 6+ years of data

See returns →