Inferra AI / Company / VFS
Vinfast Auto Ltd.
VFS · Consumer Discretionary
Last earnings Oct 19, 2026
Key results
Quarterly revenuequarter
US$920.7 million
htm EXHIBIT 99.1 Exhibit 99.1 VinFast Reports Unaudited First Quarter 2026 Financial Results Quarterly Revenues reached VND23,111.1 billion (US$920.7 million) Quarterly EV Deliveries were 58,577 units Singapore, June 8, 2026 – VinFast Auto Ltd.
SEC original ↗Vinfast Auto Ltd. — Earnings release (6-K exhibit)EX-99Jun 8, 2026
QoQ YoY Vehicle revenuequarter
42.3 %
2 Key Financial Growth Metrics for the First Quarter of 2026 (See full details of the Financial Results below) (in VND millions, except for percentages) 1Q2026 4Q2025 1Q2025 QoQ YoY Vehicle Sales 21,650,799 37,700,016 15,215,503 (42.6 )% 42.3 % Total Revenues 23,111,052 39,162,725 16,306,376 (41.0 )% 41.7 % Vehicle sales were VND21,650.8 billion (US$862.5 million) in the first quarter of 2026, representing an increase of 42.3% from the first quarter of 2025 and a decrease of 42.6% from the fourth quarter of 2025.
SEC original ↗Vinfast Auto Ltd. — Earnings release (6-K exhibit)EX-99Jun 8, 2026
Total revenuequarter
41.7 %
2 Key Financial Growth Metrics for the First Quarter of 2026 (See full details of the Financial Results below) (in VND millions, except for percentages) 1Q2026 4Q2025 1Q2025 QoQ YoY Vehicle Sales 21,650,799 37,700,016 15,215,503 (42.6 )% 42.3 % Total Revenues 23,111,052 39,162,725 16,306,376 (41.0 )% 41.7 % Vehicle sales were VND21,650.8 billion (US$862.5 million) in the first quarter of 2026, representing an increase of 42.3% from the first quarter of 2025 and a decrease of 42.6% from the fourth quarter of 2025.
SEC original ↗Vinfast Auto Ltd. — Earnings release (6-K exhibit)EX-99Jun 8, 2026
Vehicle revenuequarter
US$862.5 million
2 Key Financial Growth Metrics for the First Quarter of 2026 (See full details of the Financial Results below) (in VND millions, except for percentages) 1Q2026 4Q2025 1Q2025 QoQ YoY Vehicle Sales 21,650,799 37,700,016 15,215,503 (42.6 )% 42.3 % Total Revenues 23,111,052 39,162,725 16,306,376 (41.0 )% 41.7 % Vehicle sales were VND21,650.8 billion (US$862.5 million) in the first quarter of 2026, representing an increase of 42.3% from the first quarter of 2025 and a decrease of 42.6% from the fourth quarter of 2025.
SEC original ↗Vinfast Auto Ltd. — Earnings release (6-K exhibit)EX-99Jun 8, 2026
Total revenues were VND23,111.1 billion (US$920.7 million) in the first quarter of 2026, representing an increase of 41.7% from the first quarter of 2025 and a decrease of 41.0% from the fourth quarter of 2025.
SEC original ↗Vinfast Auto Ltd. — Earnings release (6-K exhibit)EX-99Jun 8, 2026
Financial Results for the First Quarter of 2026 Revenues Total revenues were VND23,111.1 billion (US$920.7 million) in the first quarter of 2026, representing an increase of 41.7% from the first quarter of 2025 and a decrease of 41.0% from the fourth quarter of 2025.
SEC original ↗Vinfast Auto Ltd. — Earnings release (6-K exhibit)EX-99Jun 8, 2026
Revenuequarter
US$1,598.1 million
Cost of Sales and Gross Margin Cost of sales was VND40,115.9 billion (US$1,598.1 million) in the first quarter of 2026, representing an increase of 82.0% from the first quarter of 2025 and a decrease of 30.0% from the fourth quarter of 2025.
SEC original ↗Vinfast Auto Ltd. — Earnings release (6-K exhibit)EX-99Jun 8, 2026
Gross marginquarter
73.6%
Gross margin was negative 73.6% in the first quarter of 2026, compared to negative 35.2% in the first quarter of 2025 and negative 46.4% in the fourth quarter of 2025.
SEC original ↗Vinfast Auto Ltd. — Earnings release (6-K exhibit)EX-99Jun 8, 2026
AI analysis
Q1 2026 · reported Jun 8, 2026
Based on: Earnings release (6-K exhibit) + parent 6-K — transcript not held
Headline figures
| Metric | Q1 2026 | Prior qtr | Year ago |
|---|---|---|---|
| Quarterly revenue | US$920.7 million | — | — |
| QoQ YoY Vehicle revenue | 42.3 % | — | — |
| Total revenue | 41.7 % | — | — |
| Vehicle revenue | US$862.5 million | — | — |
| Revenue | US$1,598.1 million | — | — |
| Gross margin | 73.6% | — | — |
Guidance · company-stated
Direction: Reiterated
“Business Outlook VinFast reiterates its global deliveries of at least 300,000 EVs for the full year 2026, supported by continued strong momentum in Asian markets, including Vietnam, Indonesia, India, and the Philippines, driven by the introduction of new models and the ongoing expansion of its distribution network.”
Classified from the release's primary full-year outlook statement.
Margin
Capital allocation
The transaction is part of the Company’s broader initiative to streamline its operating structure and transition toward a more capital-efficient, asset-light model in Vietnam, thereby improving VinFast’s financial structure and reducing future capital expenditure requirements.
Funding Sources As previously disclosed, Vingroup announced in late 2024 its intention to provide VinFast with additional borrowings of up to VND35,000.0 billion (US$1.4 billion) between November 12, 2024, and November 12, 2026, to support VinFast’s continued growth.
Event summary
VinFast Reports Unaudited First Quarter 2026 Financial Results Quarterly Revenues reached VND23,111.1 billion (US$920.7 million) Quarterly EV Deliveries were 58,577 units Singapore, June 8, 2026 – VinFast Auto Ltd
Based on: Earnings release (6-K exhibit) + parent 6-K — transcript not held
Guidance & outlook
Direction: Reiterated
Company outlook — Reiterated (“reiterates”)
“Business Outlook VinFast reiterates its global deliveries of at least 300,000 EVs for the full year 2026, supported by continued strong momentum in Asian markets, including Vietnam, Indonesia, India, and the Philippines, driven by the introduction of new models and the ongoing expansion of its distribution network.”
Classified from the release's primary full-year outlook statement.
Capital allocation
The transaction is part of the Company’s broader initiative to streamline its operating structure and transition toward a more capital-efficient, asset-light model in Vietnam, thereby improving VinFast’s financial structure and reducing future capital expenditure requirements.
SEC original ↗Vinfast Auto Ltd. — Earnings release (6-K exhibit)EX-99Jun 8, 2026
Funding Sources As previously disclosed, Vingroup announced in late 2024 its intention to provide VinFast with additional borrowings of up to VND35,000.0 billion (US$1.4 billion) between November 12, 2024, and November 12, 2026, to support VinFast’s continued growth.
SEC original ↗Vinfast Auto Ltd. — Earnings release (6-K exhibit)EX-99Jun 8, 2026
As of March 31, 2026, VinFast’s outstanding borrowings from Vingroup under this commitment were VND19,755.9 billion (US$787.0 million).
SEC original ↗Vinfast Auto Ltd. — Earnings release (6-K exhibit)EX-99Jun 8, 2026
The change in net loss on financial instruments at fair value through profit or loss was mainly attributable to changes in the fair value of currency interest rate swaps contracts, financial liabilities in respect of dividend preference shares, warrants and other investments.
SEC original ↗Vinfast Auto Ltd. — Earnings release (6-K exhibit)EX-99Jun 8, 2026
VinFast’s funding sources for its capital requirements to implement its growth strategy are expected to include loans, grants, and transactions with its major shareholders and affiliates, as well as public and private debt and equity capital markets, third-party borrowings and cash from operations.
SEC original ↗Vinfast Auto Ltd. — Earnings release (6-K exhibit)EX-99Jun 8, 2026
VinFast also expects to opportunistically access the debt and equity capital markets from time to time, subject to market conditions.
SEC original ↗Vinfast Auto Ltd. — Earnings release (6-K exhibit)EX-99Jun 8, 2026
Strategy & priorities
The partnership is expected to expand VinFast’s international distribution footprint and brand visibility while supporting GSM’s global fleet expansion.
SEC original ↗Vinfast Auto Ltd. — Earnings release (6-K exhibit)EX-99Jun 8, 2026
Advanced Driver Assistance Systems (“ADAS”) Progress On June 1, 2026, at the NVIDIA GTC Taipei event at the COMPUTEX 2026 technology exhibition, VinFast signed an MOU with Autobrains, the Company’s Level 4 autonomy partner, and NVIDIA, a key supplier for VinFast’s Level 4 autonomy initiatives.
SEC original ↗Vinfast Auto Ltd. — Earnings release (6-K exhibit)EX-99Jun 8, 2026
The transaction is part of the Company’s broader initiative to streamline its operating structure and transition toward a more capital-efficient, asset-light model in Vietnam, thereby improving VinFast’s financial structure and reducing future capital expenditure requirements.
SEC original ↗Vinfast Auto Ltd. — Earnings release (6-K exhibit)EX-99Jun 8, 2026
The Company will retain and focus on the development of its VinFast brand through higher value-added activities, including global product research and development, technology, brand building, and sales activities in Vietnam and globally.
SEC original ↗Vinfast Auto Ltd. — Earnings release (6-K exhibit)EX-99Jun 8, 2026
Pham Nhat Quan Anh, Chairman of VinFast, said : “VinFast has entered a new phase focused on disciplined execution, long-term sustainability, and scalable growth.
SEC original ↗Vinfast Auto Ltd. — Earnings release (6-K exhibit)EX-99Jun 8, 2026
Risks & headwinds
Industry and market data are subject to variations and cannot be verified due to limitations on the availability and reliability of data inputs, the nature of third-party data-gathering processes and other inherent limitations and uncertainties.
SEC original ↗Vinfast Auto Ltd. — Earnings release (6-K exhibit)EX-99Jun 8, 2026
Competitors
Competitors & peers
Same GICS sector — classification peers, not declared competitors
Filings
41 documents- Q3 2026
- 6-KVFS
Oct 29, 2026
- 6-KVFS
Oct 19, 2026
- 6-KVFS
Oct 13, 2026
- Q2 2026
- 6-KVFS
Sep 28, 2026
- 6-KVFS
Sep 16, 2026
- 6-KVFS
Sep 14, 2026
- 6-KVFS
Sep 11, 2026
- 6-KVFS
Aug 11, 2026
- 6-KVFS
Jul 30, 2026
- 6-KVFS
Jul 10, 2026
- Q1 2026
- 6-KVFS
Jun 30, 2026
- 6-KVFS
Jun 26, 2026
- EX-99VFS
Jun 26, 2026
- 6-KVFS
Jun 10, 2026
- 6-KVFS
Jun 10, 2026
- EX-99VFS
Jun 10, 2026
- EX-99VFS
Jun 10, 2026
- EX-99VFS
Jun 10, 2026
- EX-99VFS
Jun 10, 2026
- 6-KVFS
- 6-KVFS
May 27, 2026
- EX-99VFS
May 27, 2026
- 6-KVFS
May 26, 2026
- 6-KVFS
May 12, 2026
- 6-KVFS
May 12, 2026
- EX-99VFS
May 12, 2026
- EX-99VFS
May 12, 2026
- EX-99VFS
May 12, 2026
- EX-99VFS
May 12, 2026
- 20-FVFS
Apr 30, 2026
- 6-KVFS
Apr 22, 2026
- 6-KVFS
Apr 10, 2026
- 6-KVFS
- Q4 2025
- 6-KVFS
Mar 16, 2026
- 6-KVFS
Mar 11, 2026
- 6-KVFS
Feb 12, 2026
- 6-KVFS
- 6-KVFS
Jan 30, 2026
- 6-KVFS
Jan 26, 2026
- 6-KVFS
Jan 13, 2026
- 6-KVFS
Earnings releases
5 documentsPresentations
0 documentsNo presentations for Vinfast Auto Ltd. are held in this edition of the library.
Transcripts
0 documentsNo transcripts for Vinfast Auto Ltd. are held in this edition of the library.
See also the earnings calendar for every tracked company’s next earnings date.