VinFast Auto (VFSWW) Research & Development (2022 - 2025)

VinFast Auto (VFSWW) reported Research & Development of -$2869.4 billion for Q4 2025, down 7.13% year-over-year from -$3089.7 billion in Q4 2024, and down 7.1% quarter-over-quarter from -$2679.1 billion in Q3 2025.

VinFast Auto (VFSWW) Research & Development (2022 - 2025) Analysis & Trends

VinFast Auto (VFSWW) has 4 years of Research & Development data on file, last reported at -$2869.4 billion in Q4 2025.

  • Research & Development for Q4 2025 came in at -$2869.4 billion, down 7.13% year-over-year; the trailing twelve-month figure through Dec 2025 was -$9899.2 billion (up 1.26% YoY), and the FY2025 annual result was $395.0 million, up 100.0% from the prior year.
  • Research & Development fell to -$2869.4 billion in Q4 2025 per VFSWW's latest filing, from -$2679.1 billion in the prior quarter.
  • Over five years, Research & Development peaked at -$2015.6 billion in Q1 2025 and troughed at -$6871.3 billion in Q2 2022.
  • A 4-year average of -$3446.8 billion and a median of -$2869.4 billion in 2025 frame the typical range for Research & Development.
  • The sharpest annual moves came in 2024 and 2025: Research & Development surged 49.95% in 2024, then slipped 28.08% in 2025.
  • A 4-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.
  • Business Quant data shows VFSWW's Research & Development at -$2869.4 billion in Q4 2025, -$2679.1 billion in Q3 2025, and -$2335.1 billion in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Tesla 1,264.49 Bn 1,219.81 Bn 4.72 Bn 1.95 Bn
2 Toyota Motor 448.54 Bn 321.13 Bn 9.14 Bn -
3 General Motors 74.80 Bn 52.42 Bn 4.32 Bn -
4 Ferrari 71.95 Bn 70.15 Bn 1.09 Bn 278.21 Mn
5 Ford Motor 59.47 Bn 29.01 Bn 7.94 Bn -
6 Rivian Automotive 20.42 Bn 15.62 Bn 119.00 Mn 458.00 Mn
7 China Yuchai International 16.65 Bn 15.59 Bn 317.01 Mn -124.48 Mn
8 VinFast Auto 7.51 Bn 10.51 Bn -15,731.99 Bn -2,869.36 Bn
9 Digital Currency X Technology 5.68 Bn 5.68 Bn - -
10 VinFast Auto - - -15,731.99 Bn -2,869.36 Bn

Historic Data

Download Data
DateValue
Dec 31, 2025 -2,869.36 Bn
Sep 30, 2025 -2,679.11 Bn
Jun 30, 2025 -2,335.13 Bn
Mar 31, 2025 -2,015.59 Bn
Dec 31, 2024 -2,678.37 Bn
Sep 30, 2024 -2,091.73 Bn
Jun 30, 2024 -2,662.53 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 -5,179.91 Bn
Dec 31, 2022 -5,898.32 Bn
Sep 30, 2022 -3,593.74 Bn
Jun 30, 2022 -6,871.28 Bn