VFS Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

03
Price $3.04
Market Cap $7.11B
P/E -0.0
EPS $-42488.00
Revenue $90.18T
ROE 58.7%
Debt/Equity -0.4
52W Range $3–$5

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10-Year Performance Revenue, net income, margins and EPS trends

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Revenue$90.18T
2021-12-31 → 2025-12-31
EPS$-42488.00
2021-12-31 → 2025-12-31
Free Cash Flow$-67.44T
2023-12-31 → 2025-12-31
Net margin-110.2%
2023-12-31 → 2025-12-31
Valuation & Ratios 07–12

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric 5Y trend VFS 5Y avg Peer Median Verdict
P/E -0.05Y avg ≈-0.0 ≈-0.0 · ·
P/S 0.05Y avg ≈0.0 ≈0.0 · ·
P/B 0.05Y avg ≈-0.0 ≈-0.0 · ·
EV / EBITDA -0.95Y avg ≈-0.9 ≈-0.9 · ·
Price / FCF -0.05Y avg ≈-0.0 ≈-0.0 · ·
Price / Cash Flow -0.05Y avg ≈-0.0 ≈-0.0 · ·
EV / Revenue 0.75Y avg ≈1.1 ≈1.1 · ·
EV / FCF -0.95Y avg ≈-0.8 ≈-0.8 · ·

Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.

value · ≈ 5Y avg · industry median · verdict relative to median

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

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Avg Surprise -39.6%
PeriodReportEPS ActualEPS EstSurprise
March 31, 2026 Jun 8, 2026 $-0.48 $-0.31 -53.3%
Dec. 31, 2025 $-0.60 $-0.36 -65.0%
Sept. 30, 2025 $-0.41 $-0.29 -41.2%
June 30, 2025 $-0.35 $-0.27 -30.7%
March 31, 2025 $-0.30 $-0.28 -8.0%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

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Income Statement 16
Metric Trend 20252024202320222021
Revenue $90.18T$44.02T$27.88T$13.93T$16.03T
Cost of Revenue $131.09T$69.30T$41.59T$26.97T$25.28T
Gross Profit $-40.91T$-25.28T$-13.71T$-13.05T$-9.26T
R&D Expense $9.92T$10.03T$15.41T$21.20T$9.26T
SG&A Expense $14.27T$8.89T$5.61T$4.21T$2.42T
Operating Expenses ··$27.08T$29.99T$17.81T
Operating Income $-74.09T$-55.40T$-41.97T$-44.56T$-27.07T
Interest Income $306.29B$354.53B$422.75B$163.12B$446.14B
Pretax Income $-99.23T$-77.38T$-60.17T$-51.90T$-32.01T
Income Tax $357.29B$-29.70B$76.92B$1.06T$209.24B
Net Income $-99.38T$-77.27T$-60.17T$-52.89T$-32.18T
EPS (Basic) $-42488.00$-33042.00$-26038.00$-23005.00$-20386.00
EPS (Diluted) $-42488.00$-33042.00$-26038.00$-23005.00$-20386.00
Shares (Basic) 2,339,145,5142,338,415,2302,310,823,0092,299,008,6591,578,726,324
Shares (Diluted) 2,339,145,5142,338,415,2302,310,823,0092,299,008,6591,578,726,324
EBITDA $-74.09T$-55.40T$-40.41T··
Balance Sheet 27
Metric Trend 20252024202320222021
Cash & Equivalents $7.35T$3.31T$4.10T$4.36T$3.02T
Short-term Investments $3.05T$818.98B$4.11B$3.90B·
Receivables $4.07T$5.22T$335.35B$538.70B·
Inventory $34.88T$27.91T$30.14T$21.61T·
Prepaid Expense $14.33T$11.49T$8.01T$6.46T·
Current Assets $85.44T$64.78T$50.58T$44.84T·
PP&E (Net) $79.23T$78.70T$79.12T$57.19T·
PP&E (Gross) $126.44T$108.45T$96.42T$67.18T·
Accum. Depreciation $33.37T$23.91T$15.22T$8.94T·
Goodwill ···$272.20B·
Intangibles $1.21T$1.16T$1.35T$1.46T·
Other Non-current Assets $458.10B$171.35B$4.87T$4.43T·
Total Assets $182.62T$155.97T$146.86T$113.61T·
Accrued Liabilities $18.56T$11.06T$11.43T$11.06T·
Short-term Debt $26.87T$24.21T$24.34T$6.27T·
Current Liabilities $164.76T$171.51T$152.04T$66.23T·
Capital Leases $2.21T$4.00T$5.33T$3.26T·
Deferred Tax $1.30T$938.64B$1.03T$1.06T$51.46B
Total Liabilities ··$212.27T··
Total Debt $74.42T$47.07T$51.48T··
Common Stock $9.87T$9.87T$9.85T$871.02B·
Paid-in Capital $183.95T$93.67T$38.26T$12.31T·
Retained Earnings $-367.18T$-267.79T$-190.50T$-127.19T·
AOCI $-572.56B$-460.64B$-385.87B$-104.06B·
Stockholders' Equity $-173.94T$-164.71T$-142.78T$-114.11T·
Liabilities + Equity $182.62T$155.97T$146.86T$113.61T·
Shares Outstanding 2,339,536,0102,338,812,4962,337,788,4982,299,999,9982,298,963,211
Cash Flow 11
Metric Trend 20252024202320222021
D&A $11.46T$9.88T$6.98T··
Stock-based Comp ·$81.69B$150.10B··
Deferred Tax $358.14B$-86.62B$-34.50B$1.06T$150.54B
Amort. of Intangibles $423.80B$382.90B$474.00B$2.35T$897.56B
Operating Cash Flow $-44.46T$-30.47T$-50.27T$-47.87T$-28.97T
CapEx $22.98T$16.69T$24.53T$23.34T$6.01T
Investing Cash Flow $-30.26T$-16.03T$-24.42T$-21.12T$2.42T
Dividends Paid ····$498.96B
Financing Cash Flow $77.18T$49.00T$75.46T$70.32T$28.86T
Taxes Paid $55.17B$11.82B$99.79B··
Free Cash Flow $-67.44T$-47.16T$-78.60T··
Profitability 8
Metric Trend 20252024202320222021
Gross Margin -45.4%-57.4%-47.8%··
Operating Margin -82.2%-125.8%-144.8%··
Net Margin -110.2%-175.5%-205.5%··
Pretax Margin -110.0%-175.8%-205.5%··
EBITDA Margin -82.2%-125.8%-144.8%··
ROA -58.7%-51.0%-46.8%··
ROE 58.7%50.2%44.6%··
ROIC 74.7%47.1%44.1%··
Liquidity & Solvency 4
Metric Trend 20252024202320222021
Current Ratio 0.50.40.4··
Quick Ratio 0.10.10.0··
Debt / Equity -0.4-0.3-0.4··
LT Debt / Equity -0.3-0.1-0.2··
Efficiency 3
Metric Trend 20252024202320222021
Asset Turnover 0.50.30.2··
Inventory Turnover 4.22.41.6··
Receivables Turnover 19.415.864.2··
Per Share 5
Metric Trend 20252024202320222021
Book Value / Share $-74346.62$-70425.34$-61312.62··
Revenue / Share $38551.95$18824.29$12075.29··
Cash Flow / Share $-19007.47$-13029.53$-23216.56··
Cash / Share $3142.50$1413.88$1711.99··
EPS (TTM) $-42488.00$-33042.00$-26038.00··
Valuation (TTM) 13
Metric Trend 20252024202320222021
Revenue TTM $90.18T$44.02T$27.88T··
Net Income TTM $-99.38T$-77.27T$-60.17T··
Market Cap $7.81B$9.43B$19.57B··
Enterprise Value $64.03T$42.96T$47.49T··
P/E -0.0-0.0-0.0··
P/S 0.00.00.0··
P/B 0.0-0.0-0.0··
P / Cash Flow -0.0-0.0-0.0··
P / FCF -0.0-0.0-0.0··
EV / EBITDA -0.9-0.8-1.2··
EV / FCF -0.9-0.9-0.6··
EV / Revenue 0.71.01.7··
Earnings Yield -1272095.8%-819900.7%-311087.2%··

Most recent period on the left · null values shown as ·

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

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Metric 2025-12-312024-12-312023-12-312022-12-312021-12-31
Revenue $90.18T $44.02T $27.88T $13.93T $16.03T
Gross Margin % -45.4% -57.4% -47.8% · ·
Operating Margin % -82.2% -125.8% -144.8% · ·
Net Income $-99.38T $-77.27T $-60.17T $-52.89T $-32.18T
Diluted EPS $-42488.00 $-33042.00 $-26038.00 $-23005.00 $-20386.00

Institutional owners (13F) 38 filers · $13.5M total · As of June 30, 2026

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Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Holders 38
Value held $13.5M
New positions 9
Exited positions 7
Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
9 (+3 vs prior Q) 7 (-4 vs prior Q) 13 (0 vs prior Q) 8 (-3 vs prior Q) -134K

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
GEODE CAPITAL MANAGEMENT, LLC $6,491,213 2,080,517 48.00% Shares
Toroso Investments, LLC $1,175,794 352,034 8.70% Shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP $1,005,264 322,200 7.43% Put option
LAZARD ASSET MANAGEMENT LLC $584,978 187,493 4.33% Shares
RENAISSANCE TECHNOLOGIES LLC $406,536 130,300 3.01% Shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP $344,900 110,545 2.55% Shares
CITADEL ADVISORS LLC $321,360 103,000 2.38% Put option
Mitsubishi UFJ Asset Management Co., Ltd. $320,733 102,799 2.37% Shares
Vident Advisory, LLC $246,605 79,040 1.82% Shares
MILLENNIUM MANAGEMENT LLC $246,539 79,019 1.82% Shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP $231,816 74,300 1.71% Call option
UBS Group AG $223,338 71,583 1.65% Shares
GOLDMAN SACHS GROUP INC $183,478 58,807 1.36% Shares
CITADEL ADVISORS LLC $183,456 58,800 1.36% Call option
JANE STREET GROUP, LLC $170,652 54,696 1.26% Shares
STATE STREET CORP $168,870 54,125 1.25% Shares
BANK OF AMERICA CORP /DE/ $157,651 50,529 1.17% Shares
SBI Securities Co., Ltd. $139,096 44,582 1.03% Shares
NATIONAL BANK OF CANADA /FI/ $126,440 40,656 0.94% Shares
Blue Trust, Inc. $121,146 38,829 0.90% Shares
SIMPLEX TRADING, LLC $90,177 28,903 0.67% Shares
Engineers Gate Manager LP $73,148 23,445 0.54% Shares
WOLVERINE TRADING, LLC $67,275 20,700 0.50% Put option
Walleye Capital LLC $60,934 19,530 0.45% Shares
GROUP ONE TRADING LLC $57,717 18,499 0.43% Shares
MORGAN STANLEY $56,615 18,146 0.42% Shares
XTX Topco Ltd $52,778 16,916 0.39% Shares
Point72 Asset Management, L.P. $51,265 16,431 0.38% Shares
ROYAL BANK OF CANADA $40,000 12,815 0.30% Shares
Squarepoint Ops LLC $36,891 11,824 0.27% Shares
WOLVERINE TRADING, LLC $34,125 10,500 0.25% Call option
Tower Research Capital LLC (TRC) $16,258 5,211 0.12% Shares
Binnacle Investments Inc $16,100 5,000 0.12% Shares
Federation des caisses Desjardins du Quebec $8,736 2,800 0.06% Shares
JONES FINANCIAL COMPANIES LLLP $6,060 2,000 0.04% Shares
OSAIC HOLDINGS, INC. $4,368 1,400 0.03% Shares
TOTH FINANCIAL ADVISORY CORP $41 13 0.00% Shares
Caitong International Asset Management Co., Ltd $31 10 0.00% Shares

Company insiders 1 insider · 1 officers · 1 directors

19
Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
Pham Nhat Vuong Chief Executive Officer March 30, 2026 J · 0 0 $0

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

VFS Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

21
rating · 9 analysts BUY
Median target $5.50 +80.9%
2 22.2% Strong Buy
5 55.6% Buy
2 22.2% Hold
0 0.0% Sell
0 0.0% Strong Sell

12-Month Price Target

3 analysts · 2026-09-28

Mean target $6.07 +99.6%

← Below all targets Current price $3.04
Low$5.00 Mean$6.07 High$7.70

Latest News Recent headlines mentioning this company

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Source: SEC 20-F filed Apr 30, 2026