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Side-by-side financial comparison of SLM Corp (SLM) 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 $560.0M, roughly 1.3× SLM Corp). SLM Corp runs the higher net margin — 55.0% vs -2.8%, a 57.8% gap on every dollar of revenue.
Nikon SLM Solutions AG, headquartered in Lübeck, Germany, is a manufacturer of 3D metal printers listed on the stock market and co-owner of the word mark SLM. The shares of SLM Solutions Group AG have been listed in Prime Standard of the Frankfurt Stock Exchange since May 9, 2014.
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.
SLM vs VFS — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $560.0M | $718.6M |
| Net Profit | $308.0M | $-20.0M |
| Gross Margin | — | — |
| Operating Margin | 69.6% | -96.1% |
| Net Margin | 55.0% | -2.8% |
| Revenue YoY | — | — |
| Net Profit YoY | 1.0% | — |
| EPS (diluted) | $1.54 | — |
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 | $560.0M | — | ||
| Q4 25 | $377.1M | — | ||
| Q3 25 | $373.0M | $718.6M | ||
| Q2 25 | $376.8M | $663.0M | ||
| Q1 25 | $375.0M | $656.5M | ||
| Q4 24 | $362.2M | — | ||
| Q3 24 | $359.4M | $511.6M | ||
| Q2 24 | $372.2M | — |
| Q1 26 | $308.0M | — | ||
| Q4 25 | $233.2M | — | ||
| Q3 25 | $135.8M | $-20.0M | ||
| Q2 25 | $71.3M | $-51.8M | ||
| Q1 25 | $304.5M | $-26.1M | ||
| Q4 24 | $111.6M | — | ||
| Q3 24 | $-45.2M | $-10.4M | ||
| Q2 24 | $252.0M | — |
| Q1 26 | 69.6% | — | ||
| Q4 25 | 83.8% | — | ||
| Q3 25 | 49.8% | -96.1% | ||
| Q2 25 | 23.3% | -79.0% | ||
| Q1 25 | — | -74.0% | ||
| Q4 24 | 36.5% | — | ||
| Q3 24 | -16.6% | -65.9% | ||
| Q2 24 | 91.0% | — |
| Q1 26 | 55.0% | — | ||
| Q4 25 | 61.8% | — | ||
| Q3 25 | 36.4% | -2.8% | ||
| Q2 25 | 18.9% | -7.8% | ||
| Q1 25 | 81.2% | -4.0% | ||
| Q4 24 | 30.8% | — | ||
| Q3 24 | -12.6% | -2.0% | ||
| Q2 24 | 67.7% | — |
| Q1 26 | $1.54 | — | ||
| Q4 25 | $1.11 | — | ||
| Q3 25 | $0.63 | — | ||
| Q2 25 | $0.32 | — | ||
| Q1 25 | $1.40 | — | ||
| Q4 24 | $0.53 | — | ||
| Q3 24 | $-0.23 | — | ||
| Q2 24 | $1.11 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $5.2B | $8.8M |
| Total DebtLower is stronger | $6.2B | — |
| Stockholders' EquityBook value | $2.4B | — |
| Total Assets | $29.4B | $183.2M |
| Debt / EquityLower = less leverage | 2.53× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $5.2B | — | ||
| Q4 25 | $4.2B | — | ||
| Q3 25 | $3.5B | $8.8M | ||
| Q2 25 | $4.1B | $650.0M | ||
| Q1 25 | $3.7B | $2.4M | ||
| Q4 24 | $4.7B | — | ||
| Q3 24 | $4.5B | $1.9M | ||
| Q2 24 | $5.3B | — |
| Q1 26 | $6.2B | — | ||
| Q4 25 | $5.4B | — | ||
| Q3 25 | $6.8B | — | ||
| Q2 25 | $6.4B | — | ||
| Q1 25 | $6.1B | — | ||
| Q4 24 | $6.4B | — | ||
| Q3 24 | $6.0B | — | ||
| Q2 24 | $5.4B | — |
| Q1 26 | $2.4B | — | ||
| Q4 25 | $2.5B | — | ||
| Q3 25 | $2.3B | — | ||
| Q2 25 | $2.4B | $-7.2B | ||
| Q1 25 | $2.4B | — | ||
| Q4 24 | $2.2B | — | ||
| Q3 24 | $2.1B | — | ||
| Q2 24 | $2.3B | — |
| Q1 26 | $29.4B | — | ||
| Q4 25 | $29.7B | — | ||
| Q3 25 | $29.6B | $183.2M | ||
| Q2 25 | $29.6B | $7.2B | ||
| Q1 25 | $28.9B | $158.2M | ||
| Q4 24 | $30.1B | — | ||
| Q3 24 | $30.0B | $151.8M | ||
| Q2 24 | $28.8B | — |
| Q1 26 | 2.53× | — | ||
| Q4 25 | 2.19× | — | ||
| Q3 25 | 2.92× | — | ||
| Q2 25 | 2.70× | — | ||
| Q1 25 | 2.56× | — | ||
| Q4 24 | 2.98× | — | ||
| Q3 24 | 2.83× | — | ||
| Q2 24 | 2.37× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
SLM
| Net Interest Income | $375.0M | 67% |
| Noninterest Income | $185.0M | 33% |
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% |
