VinFast Auto (VFS) Research & Development (2022 - 2026)
VinFast Auto's (VFS) quarterly Research & Development came in at -$2535.4 billion in Q1 2026, down 25.79% year-over-year from -$3416.6 billion in Q1 2025, and up 11.64% quarter-over-quarter from -$2869.4 billion in Q4 2025.
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Analysis
VinFast Auto (VFS) Research & Development (2022 - 2026) Analysis & Trends
VinFast Auto (VFS) has reported Research & Development for 5 consecutive years, with -$2535.4 billion the latest figure, recorded in Q1 2026.
- On a quarterly basis, Research & Development fell 25.79% year-over-year to -$2535.4 billion in Q1 2026; TTM through Mar 2026 was -$16785.3 billion, a 2.95% increase from a year earlier, with the FY2025 full-year figure at -$6446.6 billion, up 11.11% from the prior year.
- Research & Development was -$2535.4 billion for Q1 2026 at VinFast Auto, up from -$2869.4 billion in the prior quarter.
- Over five years, Research & Development peaked at -$2015.6 billion in Q1 2025 and troughed at -$7347.0 billion in Q3 2024.
- A 5-year average of -$4235.5 billion and a median of -$3593.7 billion in 2022 frame the typical range for Research & Development.
- The widest YoY moves for Research & Development: up 49.7% in 2024, down 104.37% in 2024.
- Over 5 years, Research & Development stood at -$5898.3 billion in 2022, then jumped by 46.3% to -$3167.2 billion in 2023, then rose by 15.43% to -$2678.4 billion in 2024, then dropped by 7.13% to -$2869.4 billion in 2025, then increased by 11.64% to -$2535.4 billion in 2026.
- The last three Research & Development figures came in at -$2535.4 billion (Q1 2026), -$2869.4 billion (Q4 2025), and -$7029.8 billion (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,226.50 Bn | 1,183.58 Bn | 4.75 Bn | 2.37 Bn |
| 2 | Toyota Motor | 250.64 Bn | 172.66 Bn | 12.27 Bn | - |
| 3 | Ferrari | 153.43 Bn | 151.68 Bn | 1.18 Bn | 252.82 Mn |
| 4 | Honda Motor | 147.05 Bn | 108.59 Bn | 8.46 Bn | -1.53 Bn |
| 5 | General Motors | 73.24 Bn | 50.16 Bn | 7.33 Bn | - |
| 6 | Ford Motor | 51.31 Bn | 20.01 Bn | 6.08 Bn | - |
| 7 | Rivian Automotive | 20.62 Bn | 15.33 Bn | 179.00 Mn | 466.00 Mn |
| 8 | Magna International | 17.88 Bn | 16.79 Bn | 1.61 Bn | - |
| 9 | Stellantis | 14.02 Bn | -29.10 Bn | 5.55 Bn | 1.52 Bn |
| 10 | VinFast Auto | 7.56 Bn | 3,644,847.93 Bn | -677,431.76 Bn | -101,004.78 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | -2,535.42 Bn |
| Dec 31, 2025 | -2,869.36 Bn |
| Sep 30, 2025 | -7,029.82 Bn |
| Jun 30, 2025 | -4,350.71 Bn |
| Mar 31, 2025 | -2,015.59 Bn |
| Dec 31, 2024 | -2,678.37 Bn |
| Sep 30, 2024 | -7,346.96 Bn |
| Jun 30, 2024 | -5,255.23 Bn |
| Mar 31, 2024 | -2,592.70 Bn |
| Dec 31, 2023 | -3,167.21 Bn |
| Sep 30, 2023 | -3,594.92 Bn |
| Jun 30, 2023 | -3,472.40 Bn |
| Mar 31, 2023 | -5,154.12 Bn |
| Dec 31, 2022 | -5,898.32 Bn |
| Sep 30, 2022 | -3,593.74 Bn |
| Jun 30, 2022 | -6,871.28 Bn |
| Mar 31, 2022 | -3,576.56 Bn |
API Access
VinFast Auto Research & Development 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=research-and-development&ticker=VFS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "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=research-and-development&ticker=VFS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();