VinFast Auto (VFS) Research & Development (2022 - 2026)

VinFast Auto has disclosed Research & Development across 5 years of filings, most recently posting -$2535.4 billion for Q1 2026.

• In Q1 2026, Research & Development fell 25.79% year-over-year to -$2535.4 billion; the TTM figure through Mar 2026 stood at -$10419.0 billion (down 10.27% YoY), while the FY2025 annual figure was $395.0 million, up 100.0% from the prior year.
• Research & Development rose to -$2535.4 billion in Q1 2026, from -$2869.4 billion in the prior quarter.
• Over the last five years, Research & Development for VFS reached as high as -$2015.6 billion in Q1 2025 and fell as low as -$6871.3 billion in Q2 2022.
• The 5-year median for Research & Development is -$2774.2 billion (2025), against an average of -$3389.9 billion.
• Annual changes were most pronounced in 2024 — Research & Development surged 49.95% — and 2025, when it slipped 28.08%.
• A 5-year view of Research & Development shows it stood at -$5898.3 billion in 2022, then surged by 46.3% to -$3167.2 billion in 2023, then gained by 15.43% to -$2678.4 billion in 2024, then declined by 7.13% to -$2869.4 billion in 2025, then rose by 11.64% to -$2535.4 billion in 2026.
• According to Business Quant data, Research & Development over the past three periods registered -$2535.4 billion, -$2869.4 billion, and -$2679.1 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.