VinFast Auto (VFS) Operating Expenses (2022 - 2026)
VinFast Auto (VFS) posted quarterly Operating Expenses of -$3574.4 billion for Q1 2026, up 14.75% year-over-year from -$3114.9 billion in Q1 2025, and up 68.12% quarter-over-quarter from -$11212.2 billion in Q4 2025.
VinFast Auto (VFS) Operating Expenses (2022 - 2026) Analysis & Trends
VinFast Auto (VFS) has reported Operating Expenses for 5 consecutive years, with -$3574.4 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses rose 14.75% year-over-year to -$3574.4 billion; the TTM figure through Mar 2026 stood at -$27762.0 billion (up 13.31% YoY), while the FY2025 annual figure was $888.3 million, up 13.13% from the prior year.
- Operating Expenses grew to -$3574.4 billion in Q1 2026 per VFS's latest filing, from -$11212.2 billion in the prior quarter.
- Across five years, Operating Expenses topped out at $424.5 million in Q2 2025 and bottomed at -$12975.8 billion in Q3 2025.
- Historically, Operating Expenses has averaged -$6536.6 billion across 5 years, with a median of -$5694.6 billion in 2023.
- Annual changes were most pronounced in 2024 — Operating Expenses tumbled 150.66% — and 2025, when it jumped 100.0%.
- VinFast Auto's Operating Expenses stood at -$7927.2 billion in 2022, then surged by 40.92% to -$4683.5 billion in 2023, then plunged by 38.82% to -$6501.9 billion in 2024, then sank by 72.45% to -$11212.2 billion in 2025, then surged by 68.12% to -$3574.4 billion in 2026.
- Business Quant data shows VFS's Operating Expenses at -$3574.4 billion in Q1 2026, -$11212.2 billion in Q4 2025, and -$12975.8 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,042.09 Bn | 998.56 Bn | 4.75 Bn | 4.35 Bn |
| 2 | Toyota Motor | 242.42 Bn | 108.20 Bn | 12.27 Bn | 78.18 Bn |
| 3 | Honda Motor | 122.32 Bn | 88.11 Bn | -34.06 Bn | 239.73 Bn |
| 4 | Ford Motor | 81.57 Bn | 50.24 Bn | 6.08 Bn | 47.66 Bn |
| 5 | General Motors | 80.05 Bn | 55.33 Bn | 7.33 Bn | 46.57 Bn |
| 6 | Li Auto | 26.01 Bn | 12.56 Bn | 262.11 Mn | -696.85 Mn |
| 7 | Xpeng | 22.52 Bn | 19.98 Bn | 388.90 Mn | -660.64 Mn |
| 8 | Rivian Automotive | 20.71 Bn | 15.40 Bn | 179.00 Mn | 1.02 Bn |
| 9 | Stellantis | 16.33 Bn | -25.12 Bn | 5.55 Bn | 4.85 Bn |
| 10 | VinFast Auto | 7.49 Bn | -11,519.15 Bn | -17,004.89 Bn | -3,574.44 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -3,574.44 Bn |
| Dec 31, 2025 | -11,212.24 Bn |
| Sep 30, 2025 | -12,975.77 Bn |
| Jun 30, 2025 | 424.52 Mn |
| Mar 31, 2025 | -4,193.03 Bn |
| Dec 31, 2024 | -6,501.86 Bn |
| Sep 30, 2024 | -12,415.90 Bn |
| Jun 30, 2024 | -8,913.03 Bn |
| Mar 31, 2024 | -3,936.76 Bn |
| Dec 31, 2023 | -4,683.55 Bn |
| Sep 30, 2023 | -4,953.27 Bn |
| Jun 30, 2023 | -4,993.65 Bn |
| Mar 31, 2023 | -6,395.52 Bn |
| Dec 31, 2022 | -7,927.15 Bn |
| Sep 30, 2022 | -4,451.60 Bn |
| Jun 30, 2022 | -7,457.97 Bn |