VinFast Auto Ltd.VFSEarnings & Financial Report
VinFast Auto Ltd. is a Vietnamese multinational automotive company founded by Vingroup, one of the largest private conglomerates in Vietnam that was founded by Phạm Nhật Vượng.
Revenue
$511.6M
Gross Profit
$-122.8M
Operating Profit
$-337.1M
Net Profit
$-10.4M
Gross Margin
-24.0%
Operating Margin
-65.9%
Net Margin
-2.0%
YoY Growth
N/A
VinFast Auto Ltd. Q3 FY2024 Financial Summary
VinFast Auto Ltd. reported revenue of $511.6M for Q3 FY2024, with a net profit of $-10.4M (-2.0% margin).
Key Financial Metrics
| Total Revenue | $511.6M |
|---|---|
| Net Profit | $-10.4M |
| Gross Margin | N/A |
| Operating Margin | -65.9% |
| Report Period | Q3 FY2024 |
Revenue Breakdown
VinFast Auto Ltd. Q3 FY2024 revenue of $511.6M breaks down across 8 segments, led by Sales of vehicles at $467.0M (91.3% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Sales of vehicles | $467.0M | 91.3% |
| Revenue from leasing activities | $18.5M | 3.6% |
| Sales of spare parts and components | $17.8M | 3.5% |
| Net other operating (expenses)/incomes | $16.2M | 3.2% |
| Rendering of services | $7.3M | 1.4% |
| Finance income | $3.1M | 0.6% |
| Tax income/(expense) | $1.1M | 0.2% |
| Share of gains/(losses) from equity investees | $424.9K | 0.1% |
VinFast Auto Ltd. Revenue by Segment — Quarterly Trend
VinFast Auto Ltd. revenue by segment across the last 4 reported quarters, showing how each business line (such as Sales of vehicles and Revenue from leasing activities) has evolved quarter over quarter.
| Segment | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 | Q3 FY2024 |
|---|---|---|---|---|
| Sales of vehicles | $662.9M | $598.1M | $612.6M | $467.0M |
| Revenue from leasing activities | $12.3M | $11.4M | $9.8M | $18.5M |
| Sales of spare parts and components | $41.3M | $51.7M | $31.4M | $17.8M |
| Net other operating (expenses)/incomes | — | — | — | $16.2M |
| Rendering of services | $1.2M | $1.1M | — | $7.3M |
VinFast Auto Ltd. Quarterly Revenue & Net Profit History
VinFast Auto Ltd. results over the last 5 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q3 FY2025 | $718.6M | — | $-20.0M | -2.8% |
| Q2 FY2025 | $663.0M | — | $-51.8M | -7.8% |
| Q1 FY2025 | $656.5M | — | $-26.1M | -4.0% |
| Q3 FY2024 | $511.6M | — | $-10.4M | -2.0% |
| Q1 FY2024 | $302.6M | — | $-618.3M | -204.3% |
Income Statement
| Q1 2024 | Q3 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|
| Revenue | $302.6M | $511.6M | $656.5M | $663.0M | $718.6M |
| YoY Growth | N/A | N/A | N/A | N/A | N/A |
Balance Sheet
| Q1 2024 | Q3 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|
| Assets | $145.6M | $151.8M | $158.2M | $7.24B | $183.2M |
| Liabilities | N/A | N/A | N/A | $14.43B | N/A |
| Equity | N/A | N/A | N/A | $-7.18B | N/A |