VinFast Auto Ltd. (VFS) Revenue History
Annual and quarterly revenue from 2020 to 2024
Compound Annual Growth Rate (CAGR)
Loading revenue history...
Revenue Growth Metrics
Revenue Breakdown
VFS's revenue distribution by segment and geography
By Geography
VFS Revenue Analysis (2020–2024)
As of February 28, 2026, VinFast Auto Ltd. (VFS) generated trailing twelve-month (TTM) revenue of $67.43 trillion, reflecting explosive growth of +46.1% year-over-year. The most recent quarter (Q3 2025) recorded $18.01 trillion in revenue, up 8.5% sequentially.
Looking at the longer-term picture, VFS's historical revenue data shows a 3-year CAGR of +40.0%. The company achieved its highest annual revenue of $44.02 trillion in 2024, representing a new all-time high.
When compared to Consumer Cyclical sector peers including TSLA (-2.9% YoY), LI (-11.1% YoY), and NIO (+9.3% YoY), VFS has underperformed the peer group in terms of revenue growth. Compare VFS vs TSLA →
Peer Comparison
Compare VFS's revenue metrics with industry peers
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| VFSCurrent | $67.43T | +46.1% | - | -125.9% | |
| TSLA | $94.8B | -2.9% | +24.6% | 4.6% | |
| LI | $144.5B | -11.1% | +247.9% | 4.4% | |
| NIO | $65.7B | +9.3% | +53.1% | -33.3% | |
| ZK | $75.9B | +25.1% | - | -8.5% | |
| XPEV | $40.9B | +66.4% | +77.5% | -16.3% |
Historical Revenue Data
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $44.02T | +57.9% | $-25,277,639,000,000 | -57.4% | $-55,399,158,000,000 | -125.9% |
| 2023 | $27.88T | +100.2% | $-13,710,911,000,000 | -49.2% | $-41,970,653,000,000 | -150.5% |
| 2022 | $13.93T | -13.1% | $-13,046,779,000,000 | -93.7% | $-44,556,247,000,000 | -319.9% |
| 2021 | $16.03T | +17.1% | $-9,255,776,000,000 | -57.7% | $-27,067,401,000,000 | -168.9% |
| 2020 | $13.69T | - | $-6,695,130,000,000 | -48.9% | $-13,245,516,000,000 | -96.8% |
See VFS's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs VFS Undervalued?
See our Bear / Base / Bull DCF models and intrinsic value estimates.
View ValuationCompare VFS vs BABA
See how VFS stacks up against sector leader Alibaba Group Holding Limited.
Start ComparisonFrequently Asked Questions
Is VFS's revenue growth accelerating or slowing?
VFS revenue is accelerating at +46.1% year-over-year, exceeding the 5-year CAGR of N/A. TTM revenue reached $67.4T. Growth momentum has increased versus prior periods.
What is VFS's long-term revenue growth rate?
VinFast Auto Ltd.'s 5-year revenue CAGR of N/A reflects the sustained expansion pattern. Current YoY growth of +46.1% is above this long-term average.
How is VFS's revenue distributed by segment?
VFS reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2020-2024 are available for download. Segment mix reveals concentration and diversification trends.