VinFast Auto Ltd. (VFS)
NASDAQ: VFS · Real-Time Price · USD
4.035
-0.025 (-0.62%)
Apr 29, 2026, 11:23 AM EDT - Market open

VinFast Auto Income Statement

Millions VND. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 2020
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 2020
Revenue
90,427,61144,019,01527,883,82113,927,74616,028,182
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Revenue Growth (YoY)
105.43%57.87%100.20%-13.11%17.08%
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Cost of Revenue
128,888,54169,296,65441,594,73226,974,52525,283,958
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Gross Profit
-38,460,930-25,277,639-13,710,911-13,046,779-9,255,776
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Selling, General & Admin
21,295,13516,888,03111,273,2859,433,4654,628,399
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Research & Development
9,899,17710,025,32915,414,44221,196,8629,255,376
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Other Operating Expenses
1,954,5311,870,773959,55474,718-77,098
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Operating Expenses
33,148,84328,784,13327,647,28130,705,04513,806,677
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Operating Income
-71,609,773-54,061,772-41,358,192-43,751,824-23,062,453
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Interest Expense
-22,314,539-15,661,165-10,129,306-6,527,870-3,442,117
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Interest & Investment Income
306,292621,345570,007158,6411,396,872
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Earnings From Equity Investments
-106,093-48,83636,42232-36,786
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Currency Exchange Gain (Loss)
--1,035,914-695,050-804,423448,769
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Other Non Operating Income (Expenses)
-3,149,050-6,628,252-8,516,139-970,918-2,860,292
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EBT Excluding Unusual Items
-96,873,163-76,814,594-60,092,258-51,896,362-27,556,007
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Gain (Loss) on Sale of Assets
--570,050-81,165--113,395
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Other Unusual Items
-----4,340,322
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Pretax Income
-96,873,163-77,384,644-60,173,423-51,896,362-32,009,724
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Income Tax Expense
372,571-29,69576,9251,062,335209,237
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Earnings From Continuing Operations
-97,245,734-77,354,949-60,250,348-52,958,697-32,218,961
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Minority Interest in Earnings
203,84789,58582,22270,88535,234
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Net Income
-97,041,887-77,265,364-60,168,126-52,887,812-32,183,727
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Net Income to Common
-97,041,887-77,265,364-60,168,126-52,887,812-32,183,727
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Shares Outstanding (Basic)
2,3392,3382,3112,2991,579
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Shares Outstanding (Diluted)
2,3392,3382,3112,2991,579
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Shares Change (YoY)
0.03%1.19%0.51%45.62%-
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EPS (Basic)
-41486.04-33041.76-26037.53-23004.62-20385.88
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EPS (Diluted)
-41486.04-33042.00-26038.00-23005.00-20386.00
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Free Cash Flow
-67,724,938-47,157,756-74,798,563-71,205,439-34,977,013
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Free Cash Flow Per Share
-28952.85-20166.54-32368.80-30972.24-22155.21
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Gross Margin
-42.53%-57.42%-49.17%-93.67%-57.75%
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Operating Margin
-79.19%-122.82%-148.32%-314.13%-143.89%
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Profit Margin
-107.31%-175.53%-215.78%-379.73%-200.80%
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Free Cash Flow Margin
-74.89%-107.13%-268.25%-511.25%-218.22%
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EBITDA
-60,115,078-44,185,295-34,376,273-37,362,069-18,171,081
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EBITDA Margin
-66.48%-100.38%-123.28%-268.26%-113.37%
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D&A For EBITDA
11,494,6959,876,4776,981,9196,389,7554,891,372
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EBIT
-71,609,773-54,061,772-41,358,192-43,751,824-23,062,453
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EBIT Margin
-79.19%-122.81%-148.32%--143.89%
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Revenue as Reported
90,427,61144,019,01527,883,82113,927,74616,028,182
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Advertising Expenses
-2,236,9001,266,4001,839,100614,805
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Source: S&P Capital IQ. Standard template. Financial Sources.