VietJet Aviation (VJC) Q1 2026 earnings summary

Executive summary

• Consolidated revenue for Q1 2026 reached VND 21.0 trillion, up 17% year-over-year, driven by growth in both domestic and international passenger transportation and ancillary services.

• Net profit after tax attributable to shareholders was VND 1.01 trillion, a 58% increase compared to Q1 2025.

• The Group maintained a strong asset base with total assets of VND 143.5 trillion as of March 31, 2026.

Financial highlights

• Gross profit rose to VND 2.81 trillion from VND 2.40 trillion year-over-year.

• Operating profit increased to VND 1.13 trillion, up from VND 825 billion in Q1 2025.

• Basic earnings per share improved to VND 1,780 from VND 1,183 year-over-year.

• Cash and cash equivalents at period end were VND 6.95 trillion, down from VND 10.99 trillion at the start of the year.

Outlook and guidance

• The Group continues to invest in fleet expansion and infrastructure, with construction in progress totaling VND 16.4 trillion.

• Management remains confident in the Group’s ability to meet debt obligations and sustain growth.