VinFast Auto (VFS) Gross Margin (2023 - 2026)
VinFast Auto (VFS) recorded Gross Margin of -62.79% in Q2 2026, down 3.93 percentage points from the prior quarter.
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Analysis
VinFast Auto (VFS) Gross Margin (2023 - 2026) Analysis & Trends
On a TTM basis, VinFast Auto's Gross Margin came in at -51.20% as of Jun 30, 2026; for FY2025, it was -45.37%, up 12.06 percentage points from FY2024.
- Annual Gross Margin has a three-year change of +37.27 percentage points (FY2022 to FY2025).
- Across earlier years, Gross Margin came in at -57.42% in FY2024 (-9.65 pp), -47.77% in FY2023 (+34.86 pp) and -82.63% in FY2022.
- The Q2 2026 figure is the lowest quarterly Gross Margin since Q4 2024.
- On a year-over-year basis, Gross Margin rose in two of the last four quarters, with an average year-over-year change of +5.42 percentage points.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,307.17 Bn | 1,141.72 Bn | 4.75 Bn | 16.83% |
| 2 | Ferrari | 149.55 Bn | 142.05 Bn | 1.18 Bn | 52.59% |
| 3 | General Motors | 76.35 Bn | -26.55 Bn | 9.28 Bn | 18.55% |
| 4 | Honda Motor | 51.84 Bn | -96.32 Bn | 8.46 Bn | 22.24% |
| 5 | Ford Motor | 49.35 Bn | -85.03 Bn | 7.38 Bn | 14.90% |
| 6 | Toyota Motor | 25.55 Bn | -375.27 Bn | 20.95 Bn | 24.69% |
| 7 | Rivian Automotive | 19.26 Bn | -2.44 Bn | 176.00 Mn | 8.17% |
| 8 | Magna International | 18.36 Bn | 12.66 Bn | 1.63 Bn | 16.16% |
| 9 | Stellantis | 13.71 Bn | -147.20 Bn | 3.94 Bn | 9.10% |
| 10 | VinFast Auto | 7.37 Bn | -52,307.70 Bn | -755,824.25 Bn | -62.79% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -62.79% |
| Mar 31, 2026 | -58.86% |
| Dec 31, 2025 | -39.92% |
| Sep 30, 2025 | -56.17% |
| Jun 30, 2025 | -17.61% |
| Mar 31, 2025 | -35.18% |
| Dec 31, 2024 | -79.13% |
| Sep 30, 2024 | -24.00% |
| Jun 30, 2024 | -62.70% |
| 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% |
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();