Income Statement - VinFast Auto Ltd. (VFS)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | |
|---|---|---|---|---|---|---|
| Total revenue | 90,427.61 | 44,019.02 | 27,883.82 | 13,927.75 | 16,028.18 | 13,690.35 |
| Cost of revenue | 128,888.54 | 69,296.65 | 41,594.73 | 26,974.53 | 25,283.96 | 20,385.48 |
| Gross profit | -38,460.93 | -25,277.64 | -13,710.91 | -13,046.78 | -9,255.78 | -6,695.13 |
| Total operating expenses | 33,148.84 | 30,121.52 | 28,259.74 | 31,509.47 | 17,811.63 | 6,550.39 |
| Operating income | -71,609.77 | -55,399.16 | -41,970.65 | -44,556.25 | -27,067.40 | -13,245.52 |
| Non-operating income (net) | -25,263.39 | -21,985.49 | -18,202.77 | -7,340.12 | -4,942.32 | -5,616.96 |
| Income before tax | -96,873.16 | -77,384.64 | -60,173.42 | -51,896.36 | -32,009.72 | -18,862.48 |
| Income tax expense | 372.57 | -29.70 | 76.93 | 1,062.34 | 209.24 | 87.77 |
| Net income | -97,041.89 | -77,265.36 | -60,168.13 | -52,887.81 | -32,183.73 | -18,949.89 |
Show Quarterly Income Statement
Income Statement - VinFast Auto Ltd. (VFS)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 23,237.82 | 39,411.71 | 18,100.22 | 16,609.31 | 16,306.38 | 16,496.38 | 12,326.54 | 8,670.24 | 6,525.86 | 7,264.47 | 8,254.31 | 7,941.50 | 1,964.77 | 4,465.12 | 3,182.77 | 3,439.30 | 3,878.40 | 4,850.30 |
| Cost of revenue | 40,335.99 | 55,143.69 | 28,267.78 | 23,434.20 | 22,042.87 | 29,550.77 | 15,284.42 | 14,106.69 | 10,354.77 | 10,883.95 | 10,721.97 | 10,887.16 | 5,343.58 | 8,154.72 | 6,627.41 | 5,963.84 | 6,486.53 | 7,617.11 |
| Gross profit | -17,098.17 | -15,731.98 | -10,167.57 | -6,824.89 | -5,736.49 | -13,054.40 | -2,957.89 | -5,436.45 | -3,828.91 | -3,619.48 | -2,467.66 | -2,945.66 | -3,378.81 | -3,689.60 | -3,444.64 | -2,524.54 | -2,608.13 | -2,766.82 |
| Total operating expenses | 5,102.80 | 13,310.50 | 7,219.49 | 6,295.19 | 6,323.67 | 39,011.10 | 5,163.49 | 7,959.99 | 6,200.33 | 6,504.16 | 6,454.79 | 6,708.49 | 7,606.51 | 9,130.24 | 6,380.98 | 9,015.89 | 5,462.36 | 10,288.06 |
| Operating income | -22,200.97 | -29,042.48 | -17,387.05 | -13,120.08 | -12,060.16 | -22,514.73 | -8,121.37 | -13,396.44 | -10,029.24 | -10,123.64 | -8,922.45 | -9,654.15 | -10,985.32 | -12,819.84 | -9,825.61 | -11,540.42 | -8,070.49 | -13,054.88 |
| Non-operating income (net) | -6,094.50 | -6,186.72 | -6,450.47 | -6,987.85 | -5,638.35 | -8,120.25 | -5,157.47 | -5,297.57 | -4,747.57 | -4,745.07 | -6,062.95 | -4,038.39 | -3,373.85 | -2,560.13 | -1,398.63 | -2,117.78 | -569.23 | -1,152.66 |
| Income before tax | -28,295.47 | -35,229.20 | -23,837.52 | -20,107.93 | -17,698.52 | -30,634.98 | -13,278.84 | -18,694.01 | -14,776.81 | -14,868.72 | -14,985.40 | -13,692.54 | -14,359.17 | -15,379.97 | -11,224.25 | -13,658.20 | -8,639.72 | -14,207.53 |
| Income tax expense | -33.31 | -29.93 | 173.57 | 233.68 | -4.75 | -26.90 | 70.32 | -32.94 | -26.84 | 18.44 | -39.98 | -19.50 | -66.52 | -0.98 | -6.38 | 1,020.62 | 11.30 | |
| Net income | -28,213.87 | -35,101.20 | -23,952.81 | -20,316.09 | -17,671.79 | -30,575.58 | -13,227.27 | -18,741.23 | -14,721.28 | -14,819.20 | -14,986.69 | -13,628.96 | -14,310.80 | -15,285.74 | -11,208.64 | -13,640.89 | -9,648.53 | -14,203.61 |