VinFast Auto (VFS) Deferred Taxes (2022 - 2026)
VinFast Auto (VFS) posted quarterly Deferred Taxes of -$33.1 billion for Q1 2026, down 597.7% YoY from $6.7 billion in Q1 2025, and down 108.22% sequentially from $402.9 billion in Q3 2025.
VinFast Auto (VFS) Deferred Taxes (2022 - 2026) Analysis & Trends
VinFast Auto has disclosed Deferred Taxes across 5 years of filings, most recently posting -$33.1 billion for Q1 2026.
- In Q1 2026, Deferred Taxes fell 597.7% year-over-year to -$33.1 billion; the TTM figure through Mar 2026 stood at $9520.7 billion (up 10738.17% YoY), while the FY2025 annual figure was $14.3 million, up 100.02% from the prior year.
- Deferred Taxes eased to -$33.1 billion in Q1 2026, from $402.9 billion in the prior quarter.
- Over the last five years, Deferred Taxes for VFS reached as high as $9155.7 billion in Q2 2025 and fell as low as -$66.5 billion in Q4 2022.
- The 5-year median for Deferred Taxes is -$14.7 billion (2023), against an average of $778.4 billion.
- Annual changes were most pronounced in 2025 — Deferred Taxes jumped 93439.95% — and 2026, when it plunged 597.7%.
- A 5-year view of Deferred Taxes shows it stood at -$66.5 billion in 2022, then surged by 119.57% to $13.0 billion in 2023, then plunged by 422.69% to -$42.0 billion in 2024, then soared by 1059.4% to $402.9 billion in 2025, then tumbled by 108.22% to -$33.1 billion in 2026.
- According to Business Quant data, Deferred Taxes over the past three periods registered -$33.1 billion, $402.9 billion, and $9155.7 billion for Q1 2026, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,375.42 Bn | 1,330.73 Bn | 4.72 Bn | -136.00 Mn |
| 2 | Ford Motor | 78.30 Bn | 47.85 Bn | 7.94 Bn | 64.00 Mn |
| 3 | General Motors | 68.82 Bn | 46.43 Bn | 4.32 Bn | 222.00 Mn |
| 4 | Xpeng | 40.80 Bn | 38.26 Bn | 388.90 Mn | - |
| 5 | Rivian Automotive | 21.46 Bn | 16.65 Bn | 119.00 Mn | - |
| 6 | Li Auto | 12.40 Bn | -965.30 Mn | 262.11 Mn | - |
| 7 | Nio | 12.31 Bn | 9.20 Bn | 704.43 Mn | - |
| 8 | VinFast Auto | 7.23 Bn | 91,500.01 Bn | -17,004.89 Bn | -33.13 Bn |
| 9 | Lucid | 2.18 Bn | 1.48 Bn | -311.71 Mn | - |
| 10 | China Yuchai International | 1.74 Bn | 678.93 Mn | 317.01 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -33.13 Bn |
| Sep 30, 2025 | 402.90 Bn |
| Jun 30, 2025 | 9,155.72 Bn |
| Mar 31, 2025 | -4.75 Bn |
| Sep 30, 2024 | -42.00 Bn |
| Jun 30, 2024 | -9.81 Bn |
| Mar 31, 2024 | -32.94 Bn |
| Sep 30, 2023 | 13.01 Bn |
| Jun 30, 2023 | -21.04 Bn |
| Mar 31, 2023 | -19.50 Bn |
| Dec 31, 2022 | -66.52 Bn |
| Sep 30, 2022 | -984.00 Mn |