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VinFast Auto Ltd. (VFS)

Nasdaq: VFS · Motor Vehicles & Passenger Car Bodies · Singapore, SG · filing with the SEC since 2022
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Grade4.8
◀ Past 5.1● Present 4.2▶ Future 5.2
2 est.
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Income statement, as filed

In millions of Vietnamese dong (VND), as filed; per-share figures in Vietnamese dong; share counts. The fiscal year ends in December.

The Form 20-F filed Apr 30, 2026 for the period ended Dec 31, 2025 is not in EDGAR's company facts yet; its figures here are that filing's own, read from the SEC's financial statement data sets.

Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021
Report filedApr 30, 2026Apr 28, 2025Apr 25, 2024··
Revenue90,178,62844,019,01527,883,821r13,927,746r16,028,182
For lenders
Provision for credit losses···172,571206,325
Cost of revenue131,089,14869,296,65441,594,732r26,974,525r25,283,958
Gross profit-40,910,520-25,277,639-13,710,911r-13,046,779r-9,255,776
Research and development9,922,73510,025,32915,414,442r21,196,862r9,255,376
Sales and marketing6,927,2867,995,6025,661,737r5,222,963r2,203,839
General and administrative14,267,8968,892,4295,611,548r4,210,502r2,424,560
Total operating expenses··27,080,978r29,989,45917,811,625
Operating income-74,094,201-55,399,158-41,970,653r-44,556,247r-27,067,401
Interest expense·15,661,16510,129,306r6,527,870r3,442,117
Interest and investment income306,292354,530422,746r163,120r446,139
Share of profit of equity-method investments-106,093-48,83636,42232-36,786
Income before income taxes-99,225,559-77,384,644-60,173,423r-51,896,362r-32,009,724
Income tax expense357,289-29,69576,925r1,062,335r209,237
Net income including non-controlling interests-99,582,848-77,354,949-60,250,348r-52,958,697r-32,218,961
Net income to non-controlling interests-198,189-89,585-82,222r-70,885r-35,234
Net income-99,384,659-77,265,364-60,168,126r-52,887,812r-32,183,727
Net income to common shareholders·-77,265,364-60,168,126r-52,887,812r-32,183,727
Earnings per share, basic-42,488.00-33,042.00-26,038.00r-23,005.00r-20,386.00
Earnings per share, diluted-42,488.00-33,042.00-26,038.00r-23,005.00r-20,386.00
Weighted average shares, basic2,339,145,5142,338,415,2302,310,823,0092,299,008,6591,578,726,324
Weighted average shares, diluted2,339,145,5142,338,415,2302,310,823,0092,299,008,6591,578,726,324
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:Revenues
Provision for credit losses set aside for loans that may not be repaidus-gaap:ProvisionForLoanLossesExpensed
Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfGoodsAndServicesSold
Gross profit revenue less the cost of what it soldus-gaap:GrossProfit
Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense
Sales and marketing the cost of finding and serving customersus-gaap:SellingAndMarketingExpense
General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense
Total operating expenses the running costs togetherus-gaap:OperatingExpenses
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Interest expense what its borrowing costus-gaap:InterestExpenseDebt
Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeInterest
Share of profit of equity-method investments its share of companies it partly ownsus-gaap:IncomeLossFromEquityMethodInvestments
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss
Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton VFS · research, not advice