VinFast Auto (VFS) Operating Margin (2023 - 2026)
VinFast Auto (VFS) posted Operating Margin of -96.06% for Q2 2026, down 13.05 percentage points from the prior quarter.
VinFast Auto (VFS) Operating Margin (2023 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Margin at VinFast Auto was -85.99%; for FY2025, it came in at -82.16%, up 43.69 percentage points from FY2024.
- Annual Operating Margin has increased for three consecutive years, with a three-year change of +204.95 percentage points (FY2022 to FY2025).
- In prior years, VinFast Auto's Operating Margin was -125.85% in FY2024 (+18.97 pp), -144.82% in FY2023 (+142.29 pp) and -287.11% in FY2022.
- The Q2 2026 figure stands as the lowest quarterly Operating Margin since Q4 2024.
- On a year-over-year basis, Operating Margin increased in two of the last four quarters, with an average year-over-year change of +29.75 percentage points.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,307.17 Bn | 1,141.72 Bn | 4.75 Bn | 1.41% |
| 2 | Ferrari | 149.55 Bn | 142.05 Bn | 1.18 Bn | 31.22% |
| 3 | General Motors | 76.35 Bn | -26.55 Bn | 9.28 Bn | 7.19% |
| 4 | Honda Motor | 51.84 Bn | -96.32 Bn | 8.46 Bn | 8.76% |
| 5 | Ford Motor | 49.35 Bn | -85.03 Bn | 7.38 Bn | 2.94% |
| 6 | Toyota Motor | 25.55 Bn | -375.27 Bn | 20.95 Bn | 7.86% |
| 7 | Rivian Automotive | 19.26 Bn | -2.44 Bn | 176.00 Mn | -40.88% |
| 8 | Magna International | 18.36 Bn | 12.66 Bn | 1.63 Bn | 13.52% |
| 9 | Stellantis | 13.71 Bn | -147.20 Bn | 3.94 Bn | -0.88% |
| 10 | VinFast Auto | 7.37 Bn | -52,307.70 Bn | -755,824.25 Bn | -96.06% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -96.06% |
| Mar 31, 2026 | -83.01% |
| Dec 31, 2025 | -73.69% |
| Sep 30, 2025 | -96.06% |
| Jun 30, 2025 | -55.07% |
| Mar 31, 2025 | -73.96% |
| Dec 31, 2024 | -144.59% |
| Sep 30, 2024 | -65.89% |
| Jun 30, 2024 | -154.51% |
| 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% |
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();