VinFast Auto (VFS) Operating Margin (2022 - 2026)
VinFast Auto's (VFS) quarterly Operating Margin came in at 98.92% in Q1 2026, down 2496.0% year-over-year from 4.13% in Q1 2025, and down 34.24% quarter-over-quarter from 73.69% in Q4 2025.
VinFast Auto (VFS) Operating Margin (2022 - 2026) Analysis & Trends
VinFast Auto (VFS) has reported Operating Margin for 5 consecutive years, with 98.92% the latest figure, recorded in Q1 2026.
- On a quarterly basis, Operating Margin fell 2496.0% year-over-year to 98.92% in Q1 2026; TTM through Mar 2026 was 74.85%, a 4833.0% increase from a year earlier, with the FY2025 full-year figure at 106.52%, up 1168.0% from the prior year.
- Operating Margin was 98.92% for Q1 2026 at VinFast Auto, down from 73.69% in the prior quarter.
- Over five years, Operating Margin peaked at 43.44% in Q2 2025 and troughed at 558.78% in Q1 2023.
- A 5-year average of 177.46% and a median of 123.44% in 2023 frame the typical range for Operating Margin.
- Across the five-year window, Operating Margin tumbled 35069 bps in 2023 and jumped 40509 bps in 2024, its largest moves.
- Over 5 years, Operating Margin stood at 287.11% in 2022, then jumped by 57 bps to 123.42% in 2023, then declined by 17 bps to 144.59% in 2024, then surged by 49 bps to 73.69% in 2025, then plunged by 34 bps to 98.92% in 2026.
- The last three Operating Margin figures came in at 98.92% (Q1 2026), 73.69% (Q4 2025), and 83.44% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,226.50 Bn | 1,183.58 Bn | 4.75 Bn | 1.41% |
| 2 | Toyota Motor | 250.64 Bn | 172.66 Bn | 12.27 Bn | 8.76% |
| 3 | Ferrari | 153.43 Bn | 151.68 Bn | 1.18 Bn | 31.22% |
| 4 | Honda Motor | 147.05 Bn | 108.59 Bn | 8.46 Bn | 8.76% |
| 5 | General Motors | 73.24 Bn | 50.16 Bn | 7.33 Bn | 3.04% |
| 6 | Ford Motor | 51.31 Bn | 20.01 Bn | 6.08 Bn | 1.32% |
| 7 | Rivian Automotive | 20.62 Bn | 15.33 Bn | 179.00 Mn | -50.42% |
| 8 | Magna International | 17.88 Bn | 16.79 Bn | 1.61 Bn | 12.19% |
| 9 | Stellantis | 14.02 Bn | -29.10 Bn | 5.55 Bn | 1.61% |
| 10 | VinFast Auto | 7.56 Bn | 3,644,847.93 Bn | -677,431.76 Bn | -98.92% |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | -98.92% |
| Dec 31, 2025 | -73.69% |
| Sep 30, 2025 | -83.44% |
| Jun 30, 2025 | -43.44% |
| Mar 31, 2025 | -73.96% |
| Dec 31, 2024 | -144.59% |
| Sep 30, 2024 | -114.62% |
| Jun 30, 2024 | -174.13% |
| Mar 31, 2024 | -153.68% |
| Dec 31, 2023 | -123.42% |
| Sep 30, 2023 | -111.25% |
| Jun 30, 2023 | -123.44% |
| Mar 31, 2023 | -558.78% |
| Dec 31, 2022 | -287.11% |
| Sep 30, 2022 | -308.71% |
| Jun 30, 2022 | -335.55% |
| Mar 31, 2022 | -208.09% |
VinFast Auto Operating 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=operating-margin&ticker=VFS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=VFS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();