Valens Semiconductor Ltd.
TechnologyNYSE:VLN · New York Stock Exchange
+$0.00 today
Vol 1.84M · Avg 2.85M
Income Statement
Follow revenue through to earnings
Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.
Earnings Waterfall
Revenue to Net Income
Key Ratios
Analysis
$70.7M of revenue converted into -$31.6M of net income for the selected period. Gross margin is 62.3% and net margin is -44.7%, showing how much revenue survives after costs and taxes. EPS is $-0.31, tying the income statement back to per-share earnings.
Income Statement
Annual data · 5 periods
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $70.6M +22.1% | $57.9M -31.3% | $84.2M -7.2% | $90.7M +28.3% | $70.7M | $809.6M | $921.6M | $731.2M |
| Cost of Revenue | $26.5M +12.5% | $23.6M -25.3% | $31.6M +15.5% | $27.3M +35.9% | $20.1M | $725.6M | $804.0M | $882.4M |
| Gross Profit | $44.1M +28.6% | $34.3M -34.8% | $52.6M -17.0% | $63.4M +25.3% | $50.6M | $8.9B | $7.6B | $6.2B |
| Gross Margin | 62.4% +3.2pp | 59.2% -3.2pp | 62.5% -7.4pp | 69.9% -1.7pp | 71.6% | 9.8% | 28.9% | 38.3% |
| Research & Development | $42.7M +5.4% | $40.5M -16.0% | $48.2M -17.2% | $58.2M +24.2% | $46.9M | $983.2M | $1.3B | $490.4M |
| Selling, General & Admin | $35.7M +2.6% | $34.8M +10.9% | $31.3M -6.6% | $33.6M +9.0% | $30.8M | $620.6M | $923.0M | -$1.5B |
| Operating Expenses | $78.3M +3.6% | $75.6M -4.9% | $79.5M -13.4% | $91.8M +18.2% | $77.6M | $5.3B | $7.0B | $8.7B |
| Depreciation & Amortization | $3.0M +17.0% | $2.5M +56.0% | $1.6M +18.5% | $1.4M +25.3% | $1.1M | $374.2M | $1.2B | $631.8M |
| EBITDA | -$28.4M +16.1% | -$33.9M -89.1% | -$17.9M +30.6% | -$25.9M -3.4% | -$25.0M | -$15.2B | $6.8B | $9.3B |
| EBITDA Margin | -40.3% +18.3pp | -58.6% -37.3pp | -21.3% +7.2pp | -28.5% +6.9pp | -35.4% | 5.6% | 46.3% | 42.0% |
| Operating Income | -$34.2M +17.2% | -$41.3M -53.6% | -$26.9M +5.1% | -$28.4M -4.8% | -$27.1M | $12.3B | $14.0B | -$15.7B |
| Operating Margin | -48.5% +23.0pp | -71.5% -39.5pp | -32.0% -0.7pp | -31.3% +7.0pp | -38.3% | 16.6% | 24.1% | 22.0% |
| Interest Income | $2.6M -57.2% | $6.1M -8.2% | $6.7M +190.2% | $2.3M +638.9% | $311.0K | -$1.5B | -$1.6B | $405.0M |
| Interest Expense | $0 -100.0% | $57.0K | $0 | $0 | $0 | $1.1B | $1.0B | $1.2B |
| Other Income / Expenses | $2.8M -42.3% | $4.9M -33.9% | $7.3M +546.4% | $1.1M +21.1% | $939.0K | -$1.5B | $1.4B | $1.2B |
| Income Before Tax | -$31.4M +13.9% | -$36.5M -86.5% | -$19.6M +28.1% | -$27.2M -4.2% | -$26.1M | $3.3B | $4.9B | $3.6B |
| Pre-Tax Margin | -44.5% +18.6pp | -63.1% -39.8pp | -23.2% +6.8pp | -30.0% +6.9pp | -37.0% | 20.8% | 18.7% | 26.2% |
| Income Tax Expense | $158.0K +64.6% | $96.0K -14.3% | $112.0K -75.2% | $451.0K +10.8% | $407.0K | $1.3B | -$1.6B | $745.2M |
| Net Income | -$31.6M +13.7% | -$36.6M -86.1% | -$19.7M +28.9% | -$27.7M -4.3% | -$26.5M | $4.9B | $4.8B | $4.7B |
| Net Margin | -44.7% +18.5pp | -63.2% -39.9pp | -23.4% +7.1pp | -30.5% +7.0pp | -37.5% | 12.4% | 17.5% | 22.5% |
| EPS (Basic) | -$0 +8.8% | -$0 -78.9% | -$0 +32.1% | -$0 +65.0% | -$1 | $400.8M | $703.2M | $1.3B |
| EPS (Diluted) | -$0 +8.8% | -$0 -78.9% | -$0 +32.1% | -$0 +65.0% | -$1 | $766.2M | $609.4M | $452.6M |
| Weighted Avg Shares | $103.1M -2.2% | $105.5M +3.4% | $102.0M +4.3% | $97.8M +196.1% | $33.0M | $757.8M | $925.8M | $1.1B |
| Weighted Avg Shares (Diluted) | $103.1M -2.2% | $105.5M +3.4% | $102.0M +4.3% | $97.8M +196.1% | $33.0M | $1.2B | $924.4M | $678.0M |
Older periods hidden.
Sign in to unlockCompetitors
Peer companies in the same sector
AXT, Inc.
NASDAQ:AXTI
$4.51B
Silvaco Group, Inc. Common Stock
NASDAQ:SVCO
$397.73M
Atomera Incorporated
NASDAQ:ATOM
$292.50M
Lantronix, Inc.
NASDAQ:LTRX
$267.17M
Digimarc Corporation
NASDAQ:DMRC
$251.56M
GSI Technology, Inc.
NASDAQ:GSIT
$251.22M
Duos Technologies Group, Inc.
NASDAQ:DUOT
$214.03M
Tucows Inc.
NASDAQ:TCX
$148.95M
Airship AI Holdings, Inc.
NASDAQ:AISP
$103.66M
Sequans Communications S.A.
SQNS
$47.61M
SEC Filings
Recent regulatory filings
No filings found.
How much revenue does VLN generate?
Valens Semiconductor Ltd. (VLN) reported $70.63M of revenue in fiscal 2025.
Is VLN profitable?
Valens Semiconductor Ltd. (VLN) reported -$31,583,000.00 of net income, with a net margin of -44.7%.
Explore More
Continue the stock analysis
Jump to another research area for this company.