•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
FPT Corporation (FPT) reported first-quarter 2026 results with revenue of VND 12,480 billion and pre-tax profit of VND 2,804 billion, up 8.7% and 16.3% year over year, respectively. Net profit attributable to the parent company reached VND 2,487 billion, up 14.4%, while earnings per share (EPS) rose to VND 1,460 per share, up 13.7% year over year.
For 2026, the group set a revenue target of VND 58,580 billion and pre-tax profit of VND 11,629 billion, implying growth of 15.8% and 15% (consolidated method for FPT Telecom). After Q1, FPT had achieved 21% of the revenue plan and 24% of the profit plan.
The Technology segment (domestic and international IT services) continued to account for 87% of revenue and 56% of group pre-tax profit. In Q1, it generated VND 10,842 billion in revenue and VND 1,566 billion in pre-tax profit, up 11% and 10.6% year over year.
In a challenging global environment, revenue from foreign IT services grew 10.4% to VND 9,034 billion. The growth driver was Japan, up 18.8% year over year. By the end of Q1 2026, new contract value in foreign IT services reached VND 13,833 billion, up 22.2% year over year.
FPT also continued to win eight AI contracts worth over USD 10 million each, up 14.3% year over year. Revenue from digital transformation in foreign markets reached VND 4,214 billion, up 17.7% year over year, with focus on technologies including AI, Data Analytics, and Cybersecurity.
Domestic IT services revenue reached VND 1,807 billion, up 14.2% year over year, with pre-tax profit of VND 98 billion, up 305.1% year over year. The company attributed the performance mainly to a higher share of services and software, supported by opportunities in both private and public sectors. The Made-by-FPT ecosystem recorded revenue of VND 599 billion, up 13.7%.
The Education, Investment and Other segment continued to grow. Revenue for the segment was VND 1,638 billion, with LNTT of VND 1,238 billion, up 24.3% year over year. The increase was mainly driven by double-digit profit growth from joint ventures.
FPT commenced construction of an education complex in Hai Phong covering over 10 hectares, serving multiple levels from K-12 to college and university. Phase 1 is expected to begin operations in 2027, featuring lecture halls, dormitories, and modern training facilities to support teaching and research. The project is designed to broaden FPT’s education ecosystem in the north and supply high-quality technology talent for AI, data, semiconductors, and digital transformation, aiming to build a talent pipeline aligned with rising demand.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
