Valens Semiconductor Ltd. (VLN) — Financial statements
Income statement, balance sheet, and cash flow for Valens Semiconductor Ltd. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 71↑22.1% | 58↓31.3% | 84↓7.2% | 91↑28.3% | 71 | |
| Cost of Revenue | 27↑12.5% | 24↓25.3% | 32↑15.5% | 27↑35.9% | 20 | |
| Gross Profit | 44↑28.6% | 34↓34.8% | 53↓17.0% | 63↑25.3% | 51 | |
| Operating Expenses | ||||||
| R&D Expenses | 43↑5.4% | 40↓16.0% | 48↓17.2% | 58↑24.2% | 47 | |
| General & Administrative Expenses | 0.00↓100.0% | 16↑17.4% | 14↓15.5% | 17↑0.2% | 17 | |
| Selling & Marketing Expenses | 0.00↓100.0% | 18↑5.7% | 17↑2.1% | 17↑19.3% | 14 | |
| SG&A Expenses | 36↑2.6% | 35↑10.9% | 31↓6.6% | 34↑9.0% | 31 | |
| Other Expenses | 0.00↓100.0% | 0.38 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 78↑3.6% | 76↓4.9% | 80↓13.4% | 92↑18.2% | 78 | |
| Total Costs & Expenses | 105↑5.7% | 99↓10.7% | 111↓6.7% | 119↑21.8% | 98 | |
| Operating Results | ||||||
| Operating Income | -34↑17.2% | -41↓53.6% | -27↑5.1% | -28↓4.8% | -27 | |
| Depreciation & Amortization | 3↑17.0% | 3↑56.0% | 2↑18.5% | 1↑25.3% | 1 | |
| EBITDA | -28↑16.1% | -34↓89.1% | -18↑30.6% | -26↓3.4% | -25 | |
| EBIT | -31↑13.8% | -36↓86.3% | -20↑28.1% | -27↓4.3% | -26 | |
| Interest & Other Income | ||||||
| Net Interest Income | 3↓56.8% | 6↓9.1% | 7↑190.2% | 2↑638.9% | 0.31 | |
| Interest Income | 3↓57.2% | 6↓8.2% | 7↑190.2% | 2↑638.9% | 0.31 | |
| Interest Expense | 0.00↓100.0% | 0.06 | 0.00 | 0.00 | 0.00 | |
| Non-Operating Income | -3↑42.7% | -5↑33.5% | -7↓546.4% | -1↓18.4% | -0.96 | |
| Other Income / Expenses | 3↓42.3% | 5↓33.9% | 7↑546.4% | 1↑21.1% | 0.94 | |
| Income Before Tax | -31↑13.9% | -36↓86.5% | -20↑28.1% | -27↓4.2% | -26 | |
| Income Tax Expense | 0.16↑64.6% | 0.10↓14.3% | 0.11↓75.2% | 0.45↑10.8% | 0.41 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -32↑13.7% | -37↓85.9% | -20↑28.9% | -28↓4.3% | -27 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -32↑13.7% | -37↓86.1% | -20↑28.9% | -28↓4.3% | -27 | |
| Bottom-Line Net Income | -32↑13.7% | -37↓86.1% | -20↑28.9% | -28↑26.9% | -38 | |
| EPS (Basic) | -0.31↑8.8% | -0.34↓78.9% | -0.19↑32.1% | -0.28↑65.0% | -0.80 | |
| EPS (Diluted) | -0.31↑8.8% | -0.34↓78.9% | -0.19↑32.1% | -0.28↑65.0% | -0.80 | |
| Weighted Average Shares | 103↓2.2% | 105↑3.4% | 102↑4.3% | 98↑196.1% | 33 | |
| Weighted Average Diluted Shares | 103↓2.2% | 105↑3.4% | 102↑4.3% | 98↑196.1% | 33 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.