2 years of revenue, profit, cash flow and balance-sheet history through FY2024,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 54.7% per year over the past 1 years.
Operating margin has expanded, at -125.9% in the latest year.
Financial health
Total debt ($1.9B) exceeds cash ($136M); net debt is $1.8B.
Total debt has grown in line with revenue (53.0% vs 54.7% per year).
The company is unprofitable and has less than a year of cash runway at its current free-cash-flow burn.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2024
$1.8B
-$3.2B
-57.4%
-125.9%
-$1.9B
$1.9B
$136M
2023
$1.2B
-$2.4B
-47.8%
-144.8%
-$3.3B
$1.3B
$168M
Valuation over time
How the market has priced VFS against its own fundamentals since 2023-08 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-sales ratio has fallen from 12.0× (Jan '24) to 4.0× (Jun '26).
Price / sales (P/S)
P/S
Frequently asked questions
Is VFS growing its revenue and profit?
Over the past 1 years, VinFast Auto Ltd.'s revenue has grown 54.7% per year. These are computed facts, not advice.
How much debt does VFS have?
As of FY2024, VinFast Auto Ltd. reported $1.9B of total debt against $136M of cash.
What is VFS's profit margin?
In FY2024, gross margin was -57.4%, operating margin -125.9%, and net margin -175.5%.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.