VinFast Auto Ltd. (VFS) Revenue History
Annual and quarterly revenue from 2020 to present
VFS Revenue Over Time (2020–2025)
VFS Revenue Growth History
4 of 5 years with positive growth- FY2020 revenue growth
- N/A
- FY2021 revenue growth
- +17.1%
- FY2022 revenue growth
- -13.1%
- FY2023 revenue growth
- +100.2%
- FY2024 revenue growth
- +57.9%
- FY2025 revenue growth
- +105.4%
| Quarter | Revenue | YoY |
|---|---|---|
| Q1 2026 | $23.24T | +42.5% |
| Q4 2025 | $39.41T | +138.9% |
| Q3 2025 | $18.10T | +46.8% |
| Q2 2025 | $16.61T | +91.6% |
| Q1 2025 | $16.31T | +149.9% |
| Q4 2024 | $16.50T | +70.0% |
| Q3 2024 | $12.33T | +49.3% |
| Q2 2024 | $8.67T | +9.2% |
Multi-year avg. share of annual revenue by fiscal quarter
Revenue Breakdown (FY 2025)
VFS's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
VFS Revenue Analysis (2020–2025)
Current Revenue & Growth
As of October 3, 2026, VinFast Auto Ltd. (VFS) generated trailing twelve-month (TTM) revenue of $97.36 trillion, reflecting explosive growth of +42.5% year-over-year. The most recent quarter (Q1 2026) recorded $23.24 trillion in revenue, down 41.0% sequentially.
Historical Growth Trajectory
VFS's 5-year compound annual growth rate (CAGR) stands at +45.9%, indicating outstanding long-term growth trajectory. The 3-year CAGR of +86.6% exceeds the 5-year average, indicating an acceleration in the most recent period. VinFast Auto Ltd.'s highest annual revenue of $90.43 trillion was recorded in 2025, an all-time high.
Revenue by Segment
VFS's revenue is primarily driven by Product and Service, Other (100%). With over half of revenue concentrated in Product and Service, Other, the company has a focused business model while developing other growth vectors.
Peer Comparison
Compared to Consumer Cyclical sector peers — including NIO (+31.3% YoY), LI (-21.7% YoY), and XPEV (+84.8% YoY) — VFS has outperformed the peer group in revenue growth. Compare VFS vs NIO →
VFS Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| VFSCurrent | $97.36T | +42.5% | +45.9% | -79.2% | |
 NIO | $85.1B | +31.3% | +39.2% | -16.9% | |
 LI | $109.3B | -21.7% | +65.0% | -0.9% | |
 XPEV | $74.6B | +84.8% | +66.4% | -5.8% | |
 TSLA | $94.8B | +11.8% | +24.6% | 4.6% | |
 RIVN | $5.4B | +14.2% | - | -66.5% |
VFS Historical Revenue Data (2020–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $90.43T | +105.4% | $-38,460,929,000,000 | -42.5% | $-71,609,773,000,000 | -79.2% |
| 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% |
VFS Chart Terminal
Live VCP patterns, Cup & Handle overlays, support/resistance, and AI trade plans.
Live Breakouts Feed
High-probability breakout stocks crossing their pivot across 5 pattern engines.
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
6+ years return with dividends reinvested.
Peer Comparison
Compare growth, multiples, and margins vs sector.
VFS — Frequently Asked Questions
Quick answers to the most common questions about buying VFS stock.
Is VFS's revenue growth accelerating or slowing?
VFS revenue growth is accelerating. TTM revenue reached $97.4T, up +42.5% year-over-year — ahead of the 5-year CAGR of +45.9%. This indicates the business is expanding faster than its historical baseline.
What is VFS's revenue history from 2020 to 2026?
VinFast Auto Ltd. (VFS) revenue history spans 2020 to 2026. TTM revenue as of 2026 is $97.4T, growing at +42.5% YoY. The 5-year CAGR is +45.9%. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is VFS's long-term revenue growth rate (CAGR)?
VinFast Auto Ltd.'s 5-year revenue CAGR of +45.9% reflects the sustained nature of its business expansion. As of 2026, the current YoY growth rate of +42.5% is above this long-term average. CAGR is the most reliable measure of sustained revenue momentum for VFS.
Why does VFS's quarterly revenue fluctuate?
VFS quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. VinFast Auto Ltd.'s revenue data from 2020 to 2026 shows full historical quarterly detail on this page.
How is VFS's revenue distributed by segment?
VFS reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does VFS's revenue compare to industry peers?
VinFast Auto Ltd. (VFS) with TTM revenue of $97.4T and +42.5% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.