Income Statement - VinFast Auto Ltd. (VFS)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | |
|---|---|---|---|---|---|---|
| Total revenue | 90,427,611.00 | 44,019,015.00 | 27,883,821.00 | 13,927,746.00 | 16,028,182.00 | 13,690,348.00 |
| Cost of revenue | 128,888,540.00 | 69,296,654.00 | 41,594,732.00 | 26,974,525.00 | 25,283,958.00 | 20,385,478.00 |
| Gross profit | -38,460,929.00 | -25,277,639.00 | -13,710,911.00 | -13,046,779.00 | -9,255,776.00 | -6,695,130.00 |
| Total operating expenses | 33,148,843.00 | 30,121,519.00 | 28,259,742.00 | 31,509,468.00 | 17,811,625.00 | 6,550,386.00 |
| Operating income | -71,609,773.00 | -55,399,158.00 | -41,970,653.00 | -44,556,247.00 | -27,067,401.00 | -13,245,516.00 |
| Non-operating income (net) | -25,263,390.00 | -21,985,486.00 | -18,202,770.00 | -7,340,115.00 | -4,942,323.00 | -5,616,961.00 |
| Income before tax | -96,873,163.00 | -77,384,644.00 | -60,173,423.00 | -51,896,362.00 | -32,009,724.00 | -18,862,477.00 |
| Income tax expense | 372,571.00 | -29,695.00 | 76,925.00 | 1,062,335.00 | 209,237.00 | 87,766.00 |
| Net income | -97,041,887.00 | -77,265,364.00 | -60,168,126.00 | -52,887,812.00 | -32,183,727.00 | -18,949,885.00 |
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 | 23,237,820.23 | 39,411,708.00 | 18,100,218.00 | 16,609,309.00 | 16,306,376.00 | 16,496,376.00 | 12,326,537.00 | 8,670,238.00 | 6,525,864.00 | 7,264,467.00 | 8,254,306.00 | 7,941,500.00 | 1,964,765.00 | 4,465,119.00 | 3,182,774.00 | 3,439,302.00 | 3,878,396.00 | 4,850,296.00 |
| Cost of revenue | 40,335,987.12 | 55,143,692.00 | 28,267,783.00 | 23,434,199.00 | 22,042,866.00 | 29,550,771.00 | 15,284,423.00 | 14,106,687.00 | 10,354,773.00 | 10,883,950.00 | 10,721,967.00 | 10,887,158.00 | 5,343,576.00 | 8,154,716.00 | 6,627,411.00 | 5,963,839.00 | 6,486,530.00 | 7,617,111.00 |
| Gross profit | -17,098,166.86 | -15,731,984.00 | -10,167,565.00 | -6,824,890.00 | -5,736,490.00 | -13,054,395.00 | -2,957,886.00 | -5,436,449.00 | -3,828,909.00 | -3,619,483.00 | -2,467,661.00 | -2,945,658.00 | -3,378,811.00 | -3,689,597.00 | -3,444,637.00 | -2,524,537.00 | -2,608,134.00 | -2,766,815.00 |
| Total operating expenses | 5,102,802.07 | 13,310,496.00 | 7,219,489.00 | 6,295,185.00 | 6,323,673.00 | 39,011,101.00 | 5,163,485.00 | 7,959,988.00 | 6,200,330.00 | 6,504,161.00 | 6,454,793.00 | 6,708,490.00 | 7,606,509.00 | 9,130,241.00 | 6,380,977.00 | 9,015,886.00 | 5,462,355.00 | 10,288,060.00 |
| Operating income | -22,200,968.96 | -29,042,481.00 | -17,387,054.00 | -13,120,075.00 | -12,060,163.00 | -22,514,725.00 | -8,121,371.00 | -13,396,437.00 | -10,029,239.00 | -10,123,644.00 | -8,922,454.00 | -9,654,148.00 | -10,985,320.00 | -12,819,838.00 | -9,825,614.00 | -11,540,423.00 | -8,070,489.00 | -13,054,875.00 |
| Non-operating income (net) | -6,094,499.05 | -6,186,716.00 | -6,450,467.00 | -6,987,853.00 | -5,638,354.00 | -8,120,253.00 | -5,157,473.00 | -5,297,574.00 | -4,747,572.00 | -4,745,072.00 | -6,062,947.00 | -4,038,387.00 | -3,373,845.00 | -2,560,131.00 | -1,398,631.00 | -2,117,778.00 | -569,228.00 | -1,152,657.00 |
| Income before tax | -28,295,468.01 | -35,229,197.00 | -23,837,521.00 | -20,107,928.00 | -17,698,517.00 | -30,634,978.00 | -13,278,844.00 | -18,694,011.00 | -14,776,811.00 | -14,868,716.00 | -14,985,401.00 | -13,692,535.00 | -14,359,165.00 | -15,379,969.00 | -11,224,245.00 | -13,658,201.00 | -8,639,717.00 | -14,207,532.00 |
| Income tax expense | -33,308.69 | -29,928.00 | 173,570.00 | 233,677.00 | -4,748.00 | -26,900.00 | 70,316.00 | -32,944.00 | -26,839.00 | 18,444.00 | -39,978.00 | -19,502.00 | -66,516.00 | -983.00 | -6,383.00 | 1,020,620.00 | 11,303.00 | |
| Net income | -28,213,873.90 | -35,101,196.00 | -23,952,814.00 | -20,316,088.00 | -17,671,789.00 | -30,575,583.00 | -13,227,273.00 | -18,741,226.00 | -14,721,282.00 | -14,819,204.00 | -14,986,693.00 | -13,628,956.00 | -14,310,798.00 | -15,285,738.00 | -11,208,639.00 | -13,640,886.00 | -9,648,532.00 | -14,203,610.00 |