VinFast Auto (VFS) Deferred Taxes (2022 - 2026)
VinFast Auto (VFS) posted quarterly Deferred Taxes of -$33.1 billion for Q1 2026, down 597.7% year-over-year from $6.7 billion in Q1 2025, and down 108.22% quarter-over-quarter from $402.9 billion in Q3 2025.
Analysis
VinFast Auto (VFS) Deferred Taxes (2022 - 2026) Analysis & Trends
VinFast Auto (VFS) has reported Deferred Taxes for 5 consecutive years, with -$33.1 billion the latest figure, recorded in 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 declined to -$33.1 billion in Q1 2026 per VFS's latest filing, from $402.9 billion in the prior quarter.
- Across five years, Deferred Taxes topped out at $9155.7 billion in Q2 2025 and bottomed at -$66.5 billion in Q4 2022.
- Historically, Deferred Taxes has averaged $778.4 billion across 5 years, with a median of -$14.7 billion in 2023.
- Annual changes were most pronounced in 2025 — Deferred Taxes jumped 93439.95% — and 2026, when it slumped 597.7%.
- VinFast Auto's Deferred Taxes stood at -$66.5 billion in 2022, then soared by 119.57% to $13.0 billion in 2023, then tumbled by 422.69% to -$42.0 billion in 2024, then jumped by 1059.4% to $402.9 billion in 2025, then slumped by 108.22% to -$33.1 billion in 2026.
- Business Quant data shows VFS's Deferred Taxes at -$33.1 billion in Q1 2026, $402.9 billion in Q3 2025, and $9155.7 billion in Q2 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,211.80 Bn | 1,168.28 Bn | 4.75 Bn | -165.00 Mn |
| 2 | Toyota Motor | 255.99 Bn | 127.54 Bn | 12.27 Bn | 2.59 Bn |
| 3 | Honda Motor | 131.57 Bn | 91.43 Bn | 8.46 Bn | - |
| 4 | Ford Motor | 80.14 Bn | 48.80 Bn | 6.08 Bn | -945.00 Mn |
| 5 | General Motors | 76.77 Bn | 52.05 Bn | 7.33 Bn | 67.00 Mn |
| 6 | Ferrari | 74.09 Bn | 72.34 Bn | 1.18 Bn | 160.68 Mn |
| 7 | Rivian Automotive | 20.91 Bn | 15.60 Bn | 179.00 Mn | - |
| 8 | Stellantis | 15.36 Bn | -26.10 Bn | 5.55 Bn | - |
| 9 | Li Auto | 11.84 Bn | -726.49 Mn | 417.98 Mn | - |
| 10 | VinFast Auto | 7.37 Bn | 7.37 Bn | -17,004.89 Bn | -33.13 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | -33.13 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 | -26.84 Bn |
| Sep 30, 2023 | 13.01 Bn |
| Jun 30, 2023 | -34.03 Bn |
| Mar 31, 2023 | -6.51 Bn |
| Dec 31, 2022 | -66.52 Bn |
| Sep 30, 2022 | -984.00 Mn |