VinFast Auto (NASDAQ:VFS) Issues Quarterly Earnings Results, Misses Estimates By $0.17 EPS

Posted by Francis Steltz on Jun 8th, 2026

VinFast Auto (NASDAQ:VFS – Get Free Report) released its quarterly earnings results on Monday. The company reported ($0.48) earnings per share for the quarter, missing the consensus estimate of ($0.31) by ($0.17), FiscalAI reports. The firm had revenue of $921.00 million during the quarter, compared to analysts’ expectations of $1.03 billion.

Here are the key takeaways from VinFast Auto’s conference call:

Deliveries surged 61% year over year to 58,577 vehicles in Q1 2026, while electric two-wheeler deliveries jumped 219% to about 143,000 units, underscoring strong demand momentum in Vietnam and select international markets.
VinFast said its adjusted gross margin improved materially to -22.5% in Q1 from -47.2% in Q4, excluding the impact of the extended free charging program, revenue deferrals, and NRV adjustments. The company also reported revenue growth of 41.7% year over year.
The company outlined a more capital-light operating model, including the spin-off of Vietnam manufacturing assets and a strategic partnership with GSM. Management said these moves should improve financing flexibility, visibility into orders, and long-term capital allocation.
VinFast highlighted rapid expansion in Asia, including record market share in Vietnam’s two-wheeler market, continued traction in the Philippines and Indonesia, and ongoing dealership growth in India, where it opened its 50th dealership and remains on track to double its footprint by year-end.
Despite revenue growth, the quarter remained deeply loss-making, with adjusted EBITDA of negative $783 million and net loss margin of -121.6%, while the company said the extended free charging program materially pressured reported margins in the period.

VinFast Auto Stock Down 5.1%

NASDAQ:VFS traded down $0.17 on Monday, reaching $3.05. 770,276 shares of the company’s stock traded hands, compared to its average volume of 586,608. The stock has a 50-day simple moving average of $3.95 and a 200-day simple moving average of $3.53. The firm has a market cap of $7.13 billion, a PE ratio of -1.83 and a beta of 0.66. VinFast Auto has a 12 month low of $2.78 and a 12 month high of $5.28.

Institutional Investors Weigh In On VinFast Auto

Institutional investors and hedge funds have recently bought and sold shares of the business. Renaissance Technologies LLC bought a new stake in VinFast Auto during the fourth quarter valued at about $40,000. PharVision Advisers LLC bought a new stake in VinFast Auto during the third quarter valued at about $43,000. Quadrature Capital Ltd bought a new stake in VinFast Auto during the fourth quarter valued at about $48,000. State of Wyoming bought a new stake in VinFast Auto during the second quarter valued at about $63,000. Finally, Brooklyn Investment Group bought a new stake in VinFast Auto during the third quarter valued at about $61,000.

Wall Street Analyst Weigh In

VFS has been the topic of several research analyst reports. Chardan Capital reissued a “buy” rating and set a $5.50 price target on shares of VinFast Auto in a report on Thursday, April 23rd. Wall Street Zen raised VinFast Auto from a “strong sell” rating to a “sell” rating in a report on Saturday. Three equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat, VinFast Auto presently has a consensus rating of “Moderate Buy” and an average target price of $5.83.

Check Out Our Latest Stock Report on VinFast Auto

About VinFast Auto

(Get Free Report)

VinFast Auto, founded in 2017 as a subsidiary of Vietnam’s Vingroup, specializes in the design, development and manufacturing of electric vehicles and related mobility solutions. Headquartered in Haiphong, Vietnam, the company operates an integrated production complex that houses research and development, manufacturing and assembly facilities. Backed by Vingroup founder Pham Nhat Vuong, VinFast has rapidly expanded its product line from its first electric SUV, the VF e34, launched in late 2021, to a diverse portfolio of battery electric cars and electric scooters.

The company’s vehicle lineup includes the VF 8 and VF 9 sport utility vehicles, as well as electric passenger cars tailored for markets in Asia, North America and Europe.