VinFast Auto Ltd. (NASDAQ: VFS) reported unaudited financial results for the second quarter ended June 30, 2026. Total revenue reached VND 30,340.9 billion, or US$1,203.7 million, up 32.9% from the first quarter of 2026 and 85.5% from the second quarter of 2025. The company delivered 70,085 electric vehicles in the quarter, an increase of 20% from the prior quarter and 96% from a year earlier, alongside 286,039 electric scooters and e-bikes, up 100% quarter over quarter and 311% year over year.
Vehicle sales contributed VND 28,833.1 billion (US$1,143.9 million) of total revenue, up 33.4% quarter over quarter and 92.7% year over year. VinFast said international markets accounted for approximately 11% of total EV deliveries in the quarter, and that it operated 474 showrooms globally. In Vietnam, the company said it held approximately 38% market share, a position it said it has held for 22 consecutive months since September 2024.
VinFast said it ranked first in the Philippines, fifth in India and eighth in Indonesia in the battery-electric vehicle category during the quarter. The company reported more than 12,700 reservations for its VF 8 model and more than 28,700 reservations for its VF 2 model within days of each vehicle's respective launch.
The company said it has launched the VF Wild range-extended electric vehicle in Vietnam, with an international rollout planned for 2027. VinFast also said it is preparing a Level 4 autonomous robotaxi pilot using 200 vehicles in Can Gio, planned for late 2027, alongside its existing electric-vehicle and e-scooter lines.
Pham Nhat Quan Anh, VinFast's chief executive and chairman, said the company "entered the second half of 2026 with strong momentum across our core markets and continued progress in expanding our global platform." Chief Financial Officer Lan Anh Nguyen said results "reflect continued strong revenue growth in our core electric mobility business as we scale vehicle volumes."
VinFast said it continues to expand across Vietnam, Indonesia, the Philippines, India, the Middle East, North America and Europe, operating a combined 474 showrooms across those markets as of the quarter's end.