VinFast Auto (VFS) Gross Margin (2022 - 2026)
VinFast Auto's (VFS) quarterly Gross Margin came in at 73.58% in Q1 2026, down 3840.0% year-over-year from 1.97% in Q1 2025, and down 84.33% quarter-over-quarter from 39.92% in Q4 2025.
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Analysis
VinFast Auto (VFS) Gross Margin (2022 - 2026) Analysis & Trends
VinFast Auto (VFS) has reported Gross Margin for 5 consecutive years, with 73.58% the latest figure, recorded in Q1 2026.
- On a quarterly basis, Gross Margin fell 3840.0% year-over-year to 73.58% in Q1 2026; TTM through Mar 2026 was 43.34%, a 1126.0% increase from a year earlier, with the FY2025 full-year figure at 49.41%, up 1919.0% from the prior year.
- Gross Margin was 73.58% for Q1 2026 at VinFast Auto, down from 39.92% in the prior quarter.
- Over five years, Gross Margin peaked at 22.6% in Q2 2025 and troughed at 172.94% in Q1 2023.
- A 5-year average of 64.09% and a median of 58.67% in 2024 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin plunged 10570 bps in 2023 and jumped 11427 bps in 2024, its largest moves.
- Over 5 years, Gross Margin stood at 82.63% in 2022, then jumped by 41 bps to 48.69% in 2023, then tumbled by 63 bps to 79.13% in 2024, then surged by 50 bps to 39.92% in 2025, then sank by 84 bps to 73.58% in 2026.
- The last three Gross Margin figures came in at 73.58% (Q1 2026), 39.92% (Q4 2025), and 44.55% (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,226.50 Bn | 1,183.58 Bn | 4.75 Bn | 16.83% |
| 2 | Toyota Motor | 250.64 Bn | 172.66 Bn | 12.27 Bn | 16.11% |
| 3 | Ferrari | 153.43 Bn | 151.68 Bn | 1.18 Bn | 52.59% |
| 4 | Honda Motor | 147.05 Bn | 108.59 Bn | 8.46 Bn | 22.24% |
| 5 | General Motors | 73.24 Bn | 50.16 Bn | 7.33 Bn | 15.26% |
| 6 | Ford Motor | 51.31 Bn | 20.01 Bn | 6.08 Bn | 12.59% |
| 7 | Rivian Automotive | 20.62 Bn | 15.33 Bn | 179.00 Mn | 10.80% |
| 8 | Magna International | 17.88 Bn | 16.79 Bn | 1.61 Bn | 14.68% |
| 9 | Stellantis | 14.02 Bn | -29.10 Bn | 5.55 Bn | 10.98% |
| 10 | VinFast Auto | 7.56 Bn | 3,644,847.93 Bn | -677,431.76 Bn | -73.58% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | -73.58% |
| Dec 31, 2025 | -39.92% |
| Sep 30, 2025 | -44.55% |
| Jun 30, 2025 | -22.60% |
| Mar 31, 2025 | -35.18% |
| Dec 31, 2024 | -79.13% |
| Sep 30, 2024 | -44.41% |
| Jun 30, 2024 | -68.87% |
| Mar 31, 2024 | -58.67% |
| Dec 31, 2023 | -48.69% |
| Sep 30, 2023 | -26.96% |
| Jun 30, 2023 | -42.47% |
| Mar 31, 2023 | -172.94% |
| Dec 31, 2022 | -82.63% |
| Sep 30, 2022 | -108.23% |
| Jun 30, 2022 | -73.40% |
| Mar 31, 2022 | -67.25% |
API Access
VinFast Auto Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=VFS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "VFS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=VFS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();