vs

Side-by-side financial comparison of Grocery Outlet Holding Corp. (GO) and VinFast Auto Ltd. (VFS). Click either name above to swap in a different company.

Grocery Outlet Holding Corp. is the larger business by last-quarter revenue ($1.2B vs $718.6M, roughly 1.7× VinFast Auto Ltd.). VinFast Auto Ltd. runs the higher net margin — -2.8% vs -18.5%, a 15.7% gap on every dollar of revenue.

Grocery Outlet Holding Corp. is an American discount closeout retailer consisting exclusively of supermarket locations that offer discounted, overstocked, and closeout products from name-brand and private-label suppliers. The company has stores in California, Oregon, Washington, Idaho, Nevada, Maryland, Pennsylvania, New Jersey, Ohio, and Delaware.

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.

GO vs VFS — Head-to-Head

Bigger by revenue
GO
GO
1.7× larger
GO
$1.2B
$718.6M
VFS
Higher net margin
VFS
VFS
15.7% more per $
VFS
-2.8%
-18.5%
GO

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
GO
GO
VFS
VFS
Revenue
$1.2B
$718.6M
Net Profit
$-224.9M
$-20.0M
Gross Margin
29.7%
Operating Margin
-96.1%
Net Margin
-18.5%
-2.8%
Revenue YoY
10.7%
Net Profit YoY
-669.9%
EPS (diluted)
$-2.22

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.

Revenue
GO
GO
VFS
VFS
Q1 26
$1.2B
Q3 25
$1.2B
$718.6M
Q2 25
$1.2B
$663.0M
Q1 25
$1.1B
$656.5M
Q4 24
$1.1B
Q3 24
$1.1B
$511.6M
Q2 24
$1.1B
Q1 24
$1.0B
$302.6M
Net Profit
GO
GO
VFS
VFS
Q1 26
$-224.9M
Q3 25
$11.6M
$-20.0M
Q2 25
$5.0M
$-51.8M
Q1 25
$-23.3M
$-26.1M
Q4 24
$2.3M
Q3 24
$24.2M
$-10.4M
Q2 24
$14.0M
Q1 24
$-1.0M
$-618.3M
Gross Margin
GO
GO
VFS
VFS
Q1 26
29.7%
Q3 25
30.4%
Q2 25
30.6%
Q1 25
30.4%
Q4 24
29.5%
Q3 24
31.1%
Q2 24
30.9%
Q1 24
29.3%
Operating Margin
GO
GO
VFS
VFS
Q1 26
Q3 25
2.0%
-96.1%
Q2 25
1.1%
-79.0%
Q1 25
-2.0%
-74.0%
Q4 24
1.0%
Q3 24
3.6%
-65.9%
Q2 24
2.3%
Q1 24
0.1%
-139.4%
Net Margin
GO
GO
VFS
VFS
Q1 26
-18.5%
Q3 25
1.0%
-2.8%
Q2 25
0.4%
-7.8%
Q1 25
-2.1%
-4.0%
Q4 24
0.2%
Q3 24
2.2%
-2.0%
Q2 24
1.2%
Q1 24
-0.1%
-204.3%
EPS (diluted)
GO
GO
VFS
VFS
Q1 26
$-2.22
Q3 25
$0.12
Q2 25
$0.05
Q1 25
$-0.24
Q4 24
$0.03
Q3 24
$0.24
Q2 24
$0.14
Q1 24
$-0.01

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
GO
GO
VFS
VFS
Cash + ST InvestmentsLiquidity on hand
$69.6M
$8.8M
Total DebtLower is stronger
$15.0M
Stockholders' EquityBook value
$983.7M
Total Assets
$3.1B
$183.2M
Debt / EquityLower = less leverage
0.02×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GO
GO
VFS
VFS
Q1 26
$69.6M
Q3 25
$52.1M
$8.8M
Q2 25
$55.2M
$650.0M
Q1 25
$50.9M
$2.4M
Q4 24
$62.8M
Q3 24
$68.7M
$1.9M
Q2 24
$67.1M
Q1 24
$66.9M
$3.0M
Total Debt
GO
GO
VFS
VFS
Q1 26
$15.0M
Q3 25
$500.3M
Q2 25
$473.9M
Q1 25
$475.7M
Q4 24
$477.5M
Q3 24
$429.3M
Q2 24
$379.2M
Q1 24
$291.0M
Stockholders' Equity
GO
GO
VFS
VFS
Q1 26
$983.7M
Q3 25
$1.2B
Q2 25
$1.2B
$-7.2B
Q1 25
$1.2B
Q4 24
$1.2B
Q3 24
$1.2B
Q2 24
$1.2B
Q1 24
$1.2B
Total Assets
GO
GO
VFS
VFS
Q1 26
$3.1B
Q3 25
$3.4B
$183.2M
Q2 25
$3.3B
$7.2B
Q1 25
$3.3B
$158.2M
Q4 24
$3.2B
Q3 24
$3.1B
$151.8M
Q2 24
$3.1B
Q1 24
$3.0B
$145.6M
Debt / Equity
GO
GO
VFS
VFS
Q1 26
0.02×
Q3 25
0.42×
Q2 25
0.40×
Q1 25
0.40×
Q4 24
0.40×
Q3 24
0.35×
Q2 24
0.31×
Q1 24
0.24×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
GO
GO
VFS
VFS
Operating Cash FlowLast quarter
$222.1M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GO
GO
VFS
VFS
Q1 26
$222.1M
Q3 25
$17.3M
Q2 25
$73.6M
Q1 25
$58.9M
Q4 24
$39.5M
Q3 24
$23.0M
Q2 24
$41.6M
Q1 24
$7.8M
Free Cash Flow
GO
GO
VFS
VFS
Q1 26
Q3 25
$-21.6M
Q2 25
$14.4M
Q1 25
$-1.5M
Q4 24
$-19.6M
Q3 24
$-19.3M
Q2 24
$2.7M
Q1 24
$-38.4M
FCF Margin
GO
GO
VFS
VFS
Q1 26
Q3 25
-1.8%
Q2 25
1.2%
Q1 25
-0.1%
Q4 24
-1.8%
Q3 24
-1.7%
Q2 24
0.2%
Q1 24
-3.7%
Capex Intensity
GO
GO
VFS
VFS
Q1 26
Q3 25
3.3%
Q2 25
5.0%
Q1 25
5.4%
Q4 24
5.4%
Q3 24
3.8%
Q2 24
3.4%
Q1 24
4.5%
Cash Conversion
GO
GO
VFS
VFS
Q1 26
Q3 25
1.49×
Q2 25
14.84×
Q1 25
Q4 24
17.09×
Q3 24
0.95×
Q2 24
2.97×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

GO
GO

Segment breakdown not available.

VFS
VFS

Sales of vehicles$662.9M92%
Sales of spare parts and components$41.3M6%
Revenue from leasing activities$12.3M2%
Finance income$2.4M0%
Rendering of services$1.2M0%

Related Comparisons