NASDAQ:VFS

VinFast Auto Ltd. (NASDAQ:VFS) Prepares for Q3 2026 Earnings Amidst Global Expansion and Strategic Shifts

Font: Financial Modeling Prep  • Sep 04, 2026

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  • VinFast Auto Ltd. (NASDAQ:VFS) is set to release its Q3 2026 earnings, with analysts forecasting an EPS of -$0.33 and revenues of $1.15 billion.
  • The electric vehicle (EV) manufacturer is actively expanding its market presence, promoting the VF 9 SUV in Canada and benefiting from partner GSM's planned IPO and expansion into the U.S. and Europe, despite suspending some manufacturing in India.
  • Financially, VinFast is not yet profitable, evidenced by a negative P/E ratio of -1.74 and a low current ratio of 0.48, indicating potential liquidity challenges.

VinFast Auto Ltd. (NASDAQ:VFS) is a Vietnamese electric vehicle (EV) manufacturer. The company is scheduled to release its quarterly earnings report on September 8, 2026. Wall Street analysts anticipate an earnings per share (EPS) of -$0.33. EPS represents the company's profit allocated to each share of stock.

Analysts also estimate revenues of approximately $1.15 billion for the quarter. To support its sales, VinFast is promoting its VF 9 electric SUV in Canada. As highlighted by Business Wire, the vehicle is presented as ideal for summer road trips, which account for 55% of Canadian summer travel. The VF 9 has an estimated range of 518 km.

The company's growth is also connected to its partners. Green and Smart Mobility (GSM), a taxi firm that uses VinFast cars, is planning an expansion into the U.S. and Europe. As reported by Reuters, GSM also aims for an initial public offering (IPO) in Hong Kong by 2028, which could increase brand exposure for VinFast.

However, VinFast is also reassessing some of its plans. The company has reportedly suspended manufacturing for three EV models in India, as stated by Reuters. This move to review costs comes about a year after VinFast first entered the Indian market and could impact its growth strategy in the region.

The company's current financial data shows it is not yet profitable. It has a negative Price-to-Earnings (P/E) ratio of -1.74, indicating it has reported losses. Furthermore, with a current ratio of 0.48, the company's short-term assets do not currently cover its short-term liabilities, suggesting potential liquidity challenges.

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