FPT Corporation has recently faced significant challenges in the stock market, with its market capitalization dropping nearly 50% from its peak in January 2025, now standing at less than 115 trillion VND. On July 15, 2026, FPT's shares fell by 5%, reaching a low of 66,800 VND per share, the lowest in nearly 32 months since December 2023. This decline was accompanied by a surge in selling pressure, leading to a trading volume exceeding 21 million shares, significantly higher than the average in recent weeks. Notably, foreign investors sold a net of 5 million shares, equivalent to about 350 billion VND, making FPT the most heavily sold stock by foreign investors this year, totaling 16.5 trillion VND.

Despite the stock market struggles, FPT's business performance remains robust. In the first five months of 2026, the company reported revenues of nearly 21.4 trillion VND, an 11% increase compared to the same period last year. Pre-tax profit reached approximately 4.2 trillion VND, marking a 16% rise year-on-year. The information technology (IT) sector, particularly in international markets, continues to be a key growth driver, with revenues from this segment increasing by 13% and pre-tax profits rising by 12% compared to the previous year. The growth is primarily fueled by digital transformation services, which saw a 26% revenue increase, accounting for 49% of total IT revenues from international markets.

Japan remains the largest contributor to FPT's international IT revenues, with a 21% increase year-on-year. Additionally, new contract revenues reached 23 trillion VND, reflecting a 31% growth. The utilization rate of AI facilities in Japan and Vietnam has risen from around 60% at the end of 2025 to nearly 90% by June 2026, thanks to large-scale AI contract signings. The domestic IT sector also reported significant profit growth, with revenues up 15% year-on-year and pre-tax profits soaring by 120%, driven mainly by demand from the public sector.

In a separate development, FPT announced the successful issuance of over 8.5 million employee stock ownership plan (ESOP) shares to 391 employees for their contributions in 2025. The shares are subject to a three-year transfer restriction. Additionally, the company completed the issuance of over 2.3 million ESOP shares for nine senior managers in 2026, with a ten-year transfer restriction. With an issuance price of 10,000 VND per share, FPT raised nearly 108.2 billion VND from these two rounds of share issuance to enhance its working capital.