FPT (FPT) Q4 2025 earnings summary

Executive summary

• Achieved nearly 20% profit growth in 2025, closely aligned with annual targets, driven by strong performance across core business segments and operational optimization.

• Revenue increased by 11.6% year-over-year to VND 70,113 billion, with profit after tax up 19.1% to VND 11,226 billion.

• EPS rose 21.4% year-over-year, and profit attributable to parent company shareholders grew 19.3%.

• Growth was driven by market expansion, especially in Japan, and strong domestic Telecommunications performance.

Financial highlights

• Revenue: VND 70,113 billion (+11.6% YoY); Profit after tax: VND 11,226 billion (+19.1% YoY); Gross profit: VND 25,895 billion.

• Net profit after tax attributable to equity holders: VND 9,369 billion; basic EPS: VND 7,857 (+21.4% YoY).

• Cash and cash equivalents at year-end: VND 10,540 billion, up from VND 9,315 billion at end-2024.

• Financial income for 2025: VND 2,977 billion; financial expenses: VND 1,672 billion; interest expense: VND 810 billion.

Outlook and guidance

• Management emphasizes value creation and shareholder interests, with continued focus on digital transformation and AI-driven growth.

• Japanese market revenue grew 25.4% for the year; domestic Telecommunications showed robust growth.

• Forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially.