VinFast (VFS) Q2 2026 Earnings & Global Expansion

Font: Financial Modeling Prep  • Sep 15, 2026

VinFast Auto Ltd. (NASDAQ: VFS) Prepares for Q2 2026 Earnings Report Amid Global Expansion

• VinFast Auto Ltd. (NASDAQ: VFS) is expected to release its second-quarter 2026 earnings report as early as September 18, 2026. Analysts forecast an EPS loss of $0.33 and revenue of approximately $1.15 billion.
• The company is expanding through its U.S. Certified Pre-Owned program, while Reuters reports that VinFast plans to develop two new India-specific EV models.
• Despite its growth initiatives, VinFast Auto Ltd. (NASDAQ: VFS) remains unprofitable and reported a current ratio of approximately 0.48 at the end of Q1 2026, indicating that its current liabilities substantially exceeded its current assets.

Vietnamese electric vehicle manufacturer VinFast Auto Ltd. (NASDAQ: VFS) is expected to release its second-quarter 2026 financial results as early as September 18, 2026. The date is currently listed by market-data providers as an estimate and has not yet been formally confirmed by VinFast. Analysts expect the company to report an earnings-per-share loss of $0.33 and revenue of approximately $1.15 billion.

Ahead of the anticipated results, VinFast Auto Ltd. (NASDAQ: VFS) has been promoting its Certified Pre-Owned program in the United States. The program covers eligible VF 8 and VF 9 electric SUVs and offers qualified buyers financing starting at 2.99% APR for up to 72 months. VinFast says the program is intended to make its vehicles more accessible while supporting residual values for existing owners.

VinFast has also undergone a major leadership change. The company appointed Pham Nhat Quan Anh, the eldest son of founder Pham Nhat Vuong, as its global chief executive. He replaces his father in the role and also serves as VinFast’s global chairman and chief executive of VinFast Vietnam. The appointment comes as the company advances an asset-light restructuring involving the transfer of manufacturing assets and related debt.

In India, Reuters reported that VinFast plans to develop two market-specific electric vehicles, provisionally called the VF X and VF Y. Because the plans were reported using unnamed sources and have not been formally announced by VinFast, they should be described as reported plans rather than confirmed product launches.

The company continues to face significant profitability and liquidity challenges. A negative P/E ratio should not be treated as a conventional valuation multiple because VinFast currently reports negative earnings. Its price-to-sales ratio was recently around 2.0, although market-based ratios change with the share price.

At the end of the first quarter of 2026, VinFast reported approximately $3.33 billion in current assets and $6.99 billion in current liabilities, producing a current ratio of about 0.48. This means its short-term obligations substantially exceeded its short-term assets. The company also continued to generate negative operating cash flow, making its upcoming results important for evaluating liquidity, funding requirements, and progress toward improved profitability.