VinFast Auto (VFS) Net Margin (2022 - 2026)
VinFast Auto (VFS) posted quarterly Net Margin of 121.91% for Q1 2026, down 1334.0% year-over-year from 9.88% in Q1 2025, and down 36.27% quarter-over-quarter from 89.46% in Q4 2025.
VinFast Auto (VFS) Net Margin (2022 - 2026) Analysis & Trends
VinFast Auto (VFS) has reported Net Margin for 5 consecutive years, with 121.91% the latest figure, recorded in Q1 2026.
- In Q1 2026, Net Margin fell 1334.0% year-over-year to 121.91%; the TTM figure through Mar 2026 stood at 95.8% (up 7443.0% YoY), while the FY2025 annual figure was 110.21%, down 11020.0% from the prior year.
- Net Margin retreated to 121.91% in Q1 2026 per VFS's latest filing, from 89.46% in the prior quarter.
- Across five years, Net Margin topped out at 0.01% in Q2 2025 and bottomed at 731.83% in Q1 2023.
- Historically, Net Margin has averaged 225.0% across 5 years, with a median of 179.03% in 2023.
- On a YoY basis, Net Margin climbed as much as 50489 bps in 2024 and fell as far as 5025 bps in 2024.
- VinFast Auto's Net Margin stood at 345.94% in 2022, then surged by 50 bps to 172.12% in 2023, then declined by 8 bps to 185.95% in 2024, then surged by 52 bps to 89.46% in 2025, then tumbled by 36 bps to 121.91% in 2026.
- Business Quant data shows VFS's Net Margin at 121.91% in Q1 2026, 89.46% in Q4 2025, and 120.04% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,042.09 Bn | 998.56 Bn | 4.75 Bn | 3.99% |
| 2 | Toyota Motor | 242.42 Bn | 108.20 Bn | 12.27 Bn | 12.16% |
| 3 | Honda Motor | 122.32 Bn | 88.11 Bn | -34.06 Bn | -827.87% |
| 4 | Ford Motor | 81.57 Bn | 50.24 Bn | 6.08 Bn | -2.75% |
| 5 | General Motors | 80.05 Bn | 55.33 Bn | 7.33 Bn | 2.68% |
| 6 | Li Auto | 26.01 Bn | 12.56 Bn | 262.11 Mn | -9.96% |
| 7 | Xpeng | 22.52 Bn | 19.98 Bn | 388.90 Mn | -13.69% |
| 8 | Rivian Automotive | 20.71 Bn | 15.40 Bn | 179.00 Mn | -50.24% |
| 9 | Stellantis | 16.33 Bn | -25.12 Bn | 5.55 Bn | 0.61% |
| 10 | VinFast Auto | 7.49 Bn | -11,519.15 Bn | -17,004.89 Bn | -121.41% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -121.91% |
| Dec 31, 2025 | -89.46% |
| Sep 30, 2025 | -120.04% |
| Jun 30, 2025 | -0.01% |
| Mar 31, 2025 | -108.57% |
| Dec 31, 2024 | -185.95% |
| Sep 30, 2024 | -169.96% |
| Jun 30, 2024 | -219.80% |
| Mar 31, 2024 | -226.94% |
| Dec 31, 2023 | -172.12% |
| Sep 30, 2023 | -188.00% |
| Jun 30, 2023 | -169.54% |
| Mar 31, 2023 | -731.83% |
| Dec 31, 2022 | -345.94% |
| Sep 30, 2022 | -352.69% |
| Jun 30, 2022 | -397.31% |