VinFast misses EPS estimates despite revenue beat

VinFast, a NASDAQ-listed Vietnamese EV maker, reported a $1.24 billion Q2 loss despite a 96% year-over-year increase in EV deliveries and a 311% rise in e-scooter and e-bike deliveries. The loss was partially offset by a $1.47 billion gain from selling a manufacturing subsidiary. International markets contributed only 11% of total deliveries.

VinFast reported a Q2 gross margin of -62.8%, with adjusted EBITDA at -$1.1B. The company restructured its Vietnam manufacturing, reducing borrowings by $2.9B. It launched new models and maintained market leadership in Vietnam. VinFast aims for 2026 EBITDA break-even, with 300K EV deliveries targeted, 75% in Vietnam.

VinFast Auto reported Q2 2026 revenue of $1.203B, up 85.5% YoY, driven by EV sales growth. EV deliveries rose 96% to 70,085, with 11% from international markets. E-scooter and e-bike deliveries surged 311% to 286,039.

VinFast (VFS) reported Q2 2026 revenue of $1.2B, up 85.5% YoY, beating estimates, but losses widened to $0.53 per share. EV deliveries rose 96% to 70,085 vehicles. Gross margin declined to -62.8%, and operating loss increased to $1.16B. The company completed a $1.2B real estate acquisition and maintained full-year guidance despite supply constraints.

VinFast reported Q2 2026 revenue of $1.20B, up 32.9% QoQ and 85.5% YoY, with EV deliveries of 70,085, up 20% QoQ and 96% YoY. E-scooter/e-bike deliveries rose 100% QoQ to 286,039. The company expects further growth with international expansion.

VinFast Auto reported Q2 GAAP EPS of -$0.53, missing estimates by $0.16. Revenue reached $1.2B, beating expectations by $70M. This marks a 32.9% increase from Q1 2026, according to the company.