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Side-by-side financial comparison of FEDERATED HERMES, INC. (FHI) and VinFast Auto Ltd. (VFS). Click either name above to swap in a different company.
VinFast Auto Ltd. is the larger business by last-quarter revenue ($718.6M vs $479.0M, roughly 1.5× FEDERATED HERMES, INC.). FEDERATED HERMES, INC. runs the higher net margin — 20.1% vs -2.8%, a 22.9% gap on every dollar of revenue.
Federated Hermes is an investment manager headquartered in Pittsburgh, Pennsylvania, United States. Founded in 1955 and incorporated on October 18, 1957, the company manages $902.6 billion of customer assets, as of December 2025. The company offers investments spanning equity, fixed-income, alternative/private markets, multi-asset and liquidity management strategies, including mutual funds, exchange-traded funds (ETFs), separate accounts, closed-end funds and collective investment funds. Clie...
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.
FHI vs VFS — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $479.0M | $718.6M |
| Net Profit | $96.4M | $-20.0M |
| Gross Margin | — | — |
| Operating Margin | 26.4% | -96.1% |
| Net Margin | 20.1% | -2.8% |
| Revenue YoY | -0.8% | — |
| Net Profit YoY | — | — |
| EPS (diluted) | — | — |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $479.0M | — | ||
| Q4 25 | $482.8M | — | ||
| Q3 25 | $469.4M | $718.6M | ||
| Q2 25 | $424.8M | $663.0M | ||
| Q1 25 | $423.5M | $656.5M | ||
| Q4 24 | $424.7M | — | ||
| Q3 24 | $408.5M | $511.6M | ||
| Q2 24 | $402.6M | — |
| Q1 26 | $96.4M | — | ||
| Q4 25 | $107.0M | — | ||
| Q3 25 | $104.1M | $-20.0M | ||
| Q2 25 | $91.0M | $-51.8M | ||
| Q1 25 | $101.1M | $-26.1M | ||
| Q4 24 | $84.7M | — | ||
| Q3 24 | $87.5M | $-10.4M | ||
| Q2 24 | $21.0M | — |
| Q1 26 | 26.4% | — | ||
| Q4 25 | 28.1% | — | ||
| Q3 25 | 27.6% | -96.1% | ||
| Q2 25 | 27.6% | -79.0% | ||
| Q1 25 | 31.1% | -74.0% | ||
| Q4 24 | 26.0% | — | ||
| Q3 24 | 27.4% | -65.9% | ||
| Q2 24 | 10.1% | — |
| Q1 26 | 20.1% | — | ||
| Q4 25 | 22.2% | — | ||
| Q3 25 | 22.2% | -2.8% | ||
| Q2 25 | 21.4% | -7.8% | ||
| Q1 25 | 23.9% | -4.0% | ||
| Q4 24 | 19.9% | — | ||
| Q3 24 | 21.4% | -2.0% | ||
| Q2 24 | 5.2% | — |
| Q1 26 | — | — | ||
| Q4 25 | $1.38 | — | ||
| Q3 25 | $1.34 | — | ||
| Q2 25 | $1.16 | — | ||
| Q1 25 | $1.25 | — | ||
| Q4 24 | $1.08 | — | ||
| Q3 24 | $1.06 | — | ||
| Q2 24 | $0.20 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $8.8M |
| Total DebtLower is stronger | $348.4M | — |
| Stockholders' EquityBook value | $100.8B | — |
| Total Assets | $2.1B | $183.2M |
| Debt / EquityLower = less leverage | 0.00× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $582.5M | — | ||
| Q3 25 | $506.3M | $8.8M | ||
| Q2 25 | $371.0M | $650.0M | ||
| Q1 25 | $387.6M | $2.4M | ||
| Q4 24 | $504.4M | — | ||
| Q3 24 | $375.0M | $1.9M | ||
| Q2 24 | $307.4M | — |
| Q1 26 | $348.4M | — | ||
| Q4 25 | $348.4M | — | ||
| Q3 25 | $348.3M | — | ||
| Q2 25 | $348.2M | — | ||
| Q1 25 | $348.2M | — | ||
| Q4 24 | $348.1M | — | ||
| Q3 24 | $348.0M | — | ||
| Q2 24 | $348.0M | — |
| Q1 26 | $100.8B | — | ||
| Q4 25 | $1.2B | — | ||
| Q3 25 | $1.2B | — | ||
| Q2 25 | $1.1B | $-7.2B | ||
| Q1 25 | $1.1B | — | ||
| Q4 24 | $1.1B | — | ||
| Q3 24 | $1.1B | — | ||
| Q2 24 | $1.0B | — |
| Q1 26 | $2.1B | — | ||
| Q4 25 | $2.2B | — | ||
| Q3 25 | $2.2B | $183.2M | ||
| Q2 25 | $2.2B | $7.2B | ||
| Q1 25 | $2.0B | $158.2M | ||
| Q4 24 | $2.1B | — | ||
| Q3 24 | $2.0B | $151.8M | ||
| Q2 24 | $1.9B | — |
| Q1 26 | 0.00× | — | ||
| Q4 25 | 0.29× | — | ||
| Q3 25 | 0.29× | — | ||
| Q2 25 | 0.31× | — | ||
| Q1 25 | 0.32× | — | ||
| Q4 24 | 0.32× | — | ||
| Q3 24 | 0.32× | — | ||
| Q2 24 | 0.34× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FHI
| Investment advisory fees, net | $319.4M | 67% |
| Administrative service fees, net-affiliates | $110.3M | 23% |
| Other | $49.3M | 10% |
VFS
| Sales of vehicles | $662.9M | 92% |
| Sales of spare parts and components | $41.3M | 6% |
| Revenue from leasing activities | $12.3M | 2% |
| Finance income | $2.4M | 0% |
| Rendering of services | $1.2M | 0% |
