VinFast Auto VFS
NASDAQ VFS
$3.11 +0.00 (+0.00%)
At close: Sep 2, 2026 · 4:00 PM EDT

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

VinFast Auto (VFS) posted quarterly Research & Development of -$2535.4 billion for 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.

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.

  • In Q1 2026, Research & Development fell 25.79% year-over-year to -$2535.4 billion; the TTM figure through Mar 2026 stood at -$186101.8 billion (down 975.97% YoY), while the FY2025 annual figure was $395.0 million, up 100.0% from the prior year.
  • Research & Development grew to -$2535.4 billion in Q1 2026 per VFS's latest filing, from -$2869.4 billion in the prior quarter.
  • Across five years, Research & Development topped out at -$2015.6 billion in Q1 2025 and bottomed at -$173667.2 billion in Q2 2025.
  • Historically, Research & Development has averaged -$14860.5 billion across 5 years, with a median of -$3594.3 billion in 2022.
  • Annual changes were most pronounced in 2024 — Research & Development surged 49.95% — and 2025, when it plunged 3204.65%.
  • VinFast Auto's Research & Development stood at -$5898.3 billion in 2022, then soared by 46.3% to -$3167.2 billion in 2023, then advanced by 15.43% to -$2678.4 billion in 2024, then fell by 7.13% to -$2869.4 billion in 2025, then gained by 11.64% to -$2535.4 billion in 2026.
  • Business Quant data shows VFS's Research & Development at -$2535.4 billion in Q1 2026, -$2869.4 billion in Q4 2025, and -$7029.8 billion in Q3 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Tesla 1,151.92 Bn 1,108.39 Bn 4.75 Bn 2.37 Bn
2 Toyota Motor 255.99 Bn 127.54 Bn 12.27 Bn -
3 Honda Motor 129.45 Bn 89.32 Bn 8.46 Bn -1.53 Bn
4 Ford Motor 80.26 Bn 48.92 Bn 6.08 Bn -
5 General Motors 76.22 Bn 51.50 Bn 7.33 Bn -
6 Ferrari 73.68 Bn 71.93 Bn 1.18 Bn 252.82 Mn
7 Rivian Automotive 20.68 Bn 15.37 Bn 179.00 Mn 466.00 Mn
8 Stellantis 15.20 Bn -26.25 Bn 5.55 Bn 1.52 Bn
9 Li Auto 12.07 Bn -504.83 Mn 417.98 Mn -409.08 Mn
10 VinFast Auto 7.30 Bn 7.30 Bn -17,004.89 Bn -2,535.42 Bn
Historic Data

Historic Data

Download Data
DateValue
Mar 31, 2026 -2,535.42 Bn
Dec 31, 2025 -2,869.36 Bn
Sep 30, 2025 -7,029.82 Bn
Jun 30, 2025 -173,667.21 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