VinFast Auto (VFS) Work In Process (2023 - 2025)
VinFast Auto (VFS) posted quarterly Work In Process of $180.7 million for Q4 2025, up 31.69% year-over-year from $137.2 million in Q4 2024, and up 25.06% quarter-over-quarter from $144.5 million in Q2 2025.
Analysis
VinFast Auto (VFS) Work In Process (2023 - 2025) Analysis & Trends
VinFast Auto (VFS) has reported Work In Process for 3 consecutive years, with $180.7 million the latest figure, recorded in Q4 2025.
- In Q4 2025, Work In Process rose 31.69% year-over-year to $180.7 million; the TTM figure through Dec 2025 stood at $180.7 million (up 31.69% YoY), while the FY2025 annual figure was $180.7 million, up 31.69% from the prior year.
- Work In Process rose to $180.7 million in Q4 2025 per VFS's latest filing, from $144.5 million in the prior quarter.
- Across five years, Work In Process topped out at $180.7 million in Q4 2025 and bottomed at $137.2 million in Q4 2024.
- Historically, Work In Process has averaged $151.4 million across 3 years, with a median of $143.9 million in 2023.
- Annual changes were most pronounced in 2024 — Work In Process decreased 4.27% — and 2025, when it surged 31.69%.
- VinFast Auto's Work In Process stood at $143.3 million in 2023, then fell by 4.27% to $137.2 million in 2024, then soared by 31.69% to $180.7 million in 2025.
- Business Quant data shows VFS's Work In Process at $180.7 million in Q4 2025, $144.5 million in Q2 2025, and $137.2 million in Q4 2024.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Tesla | 1,151.92 Bn | 1,108.39 Bn | 4.75 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 |
| 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 |
| 7 | Rivian Automotive | 20.68 Bn | 15.37 Bn | 179.00 Mn |
| 8 | Stellantis | 15.20 Bn | -26.25 Bn | 5.55 Bn |
| 9 | Li Auto | 12.07 Bn | -504.83 Mn | 417.98 Mn |
| 10 | VinFast Auto | 7.30 Bn | 7.30 Bn | -17,004.89 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 180.67 Mn |
| Jun 30, 2025 | 144.47 Mn |
| Dec 31, 2024 | 137.19 Mn |
| Dec 31, 2023 | 143.31 Mn |