Valneva SE (VALN) quarterly income statement — complete revenue, gross profit & net income history
Valneva SE (VALN) annual income statement — 21-year revenue, gross profit & net income history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q2'21 |
|---|
| Sales/Revenue | 35.52M | 30.9M | 47.69M | 29.41M | 48.33M | 49.23M | 52.94M | 45.82M | 38.06M | 32.75M | 41.9M | 38.07M | 40.23M | 33.51M | 111.4M | 156.68M | 71.38M | 21.85M | 278.24M | 24.29M |
| Revenue Growth % | -26.51% | -37.23% | -9.92% | -35.82% | 26.98% | 50.31% | 26.36% | 20.36% | -5.41% | -2.25% | -62.39% | -75.7% | -43.63% | 53.37% | -59.96% | - | 193.9% | -5.89% | 440.55% | 91.42% |
| Cost of Goods Sold | 33.89M | 26.18M | 36.07M | 23.91M | 24.12M | 23.04M | 27.23M | 25.68M | 23.47M | 22.16M | 26.07M | 20.97M | 33.36M | 20.48M | 121.72M | 31.25M | 157.62M | 13.86M | 28.33M | 20.13M |
| COGS % of Revenue | 95.42% | 84.72% | 75.64% | 81.29% | 49.9% | 46.8% | 51.44% | 56.04% | 61.66% | 67.66% | 62.21% | 55.09% | 82.91% | 61.12% | 109.26% | 19.94% | 220.83% | 63.44% | 10.18% | 82.88% |
| Gross Profit | 1.63M | 4.72M | 11.62M | 5.5M | 24.21M | 26.19M | 25.71M | 20.15M | 14.59M | 10.59M | 15.83M | 17.1M | 6.88M | 13.03M | -10.31M | 125.43M | -86.24M | 7.99M | 249.9M | 4.16M |
| Gross Margin % | 4.58% | 15.28% | 24.36% | 18.71% | 50.1% | 53.2% | 48.56% | 43.96% | 38.34% | 32.34% | 37.79% | 44.91% | 17.09% | 38.88% | -9.26% | 80.06% | -120.83% | 36.56% | 89.82% | 17.12% |
| Gross Profit Growth % | -93.29% | -81.97% | -54.82% | -72.68% | 65.92% | 147.23% | 62.38% | 17.82% | 112.19% | -18.69% | 253.51% | -86.37% | 107.97% | 63.09% | -104.13% | - | -2174.15% | -6.75% | 673.41% | 14.45% |
| Operating Expenses | 29.27M | 28.42M | 39.3M | 42.62M | 35.08M | 32.15M | 46.59M | 32.59M | 36.14M | -57.62M | 40.74M | 39.31M | 25.27M | 29.6M | 46.04M | 32.16M | 45.7M | 26.41M | 73.69M | 59.19M |
| OpEx % of Revenue | 82.41% | 91.96% | 82.41% | 144.91% | 72.59% | 65.3% | 88.01% | 71.13% | 94.95% | -175.91% | 97.24% | 103.26% | 62.8% | 88.34% | 41.32% | 20.53% | 64.03% | 120.88% | 26.49% | 243.73% |
| Selling, General & Admin | 13.77M | 15.14M | 16.54M | 18.8M | 19.99M | 19.36M | 26.83M | 22.24M | 23.02M | 23M | 27.57M | 26.08M | 23.88M | 19.02M | 21.23M | 12.49M | 16.06M | 7.8M | 24.59M | 15.6M |
| SG&A % of Revenue | 38.78% | 48.99% | 34.68% | 63.91% | 41.36% | 39.32% | 50.69% | 48.54% | 60.5% | 70.23% | 65.79% | 68.5% | 59.36% | 56.77% | 19.05% | 7.97% | 22.51% | 35.72% | 8.84% | 64.22% |
| Research & Development | 15.27M | 15.21M | 25.57M | 27.29M | 17.49M | 14.95M | 25.58M | 18.88M | 16.55M | 13.13M | 17.67M | 16.24M | 11.91M | 14.06M | 29.54M | 23.5M | 31.19M | 20.69M | 56.05M | 51.01M |
| R&D % of Revenue | 42.99% | 49.23% | 53.63% | 92.79% | 36.18% | 30.37% | 48.31% | 41.21% | 43.49% | 40.09% | 42.18% | 42.66% | 29.61% | 41.98% | 26.51% | 15% | 43.7% | 94.7% | 20.14% | 210.02% |
| Other Operating Expenses | 228.04K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K |
| Operating Income | -27.64M | -23.7M | -27.68M | -37.12M | -10.87M | -5.96M | -20.88M | -12.45M | -21.55M | 68.21M | -24.91M | -22.21M | -18.39M | -16.57M | -56.35M | 93.32M | -131.99M | -18.42M | 176.21M | -55.03M |
| Operating Margin % | -77.83% | -76.68% | -58.06% | -126.2% | -22.49% | -12.11% | -39.45% | -27.17% | -56.61% | 208.25% | -59.45% | -58.35% | -45.71% | -49.46% | -50.58% | 59.56% | -184.92% | -84.32% | 63.33% | -226.61% |
| Operating Income Growth % | -154.31% | -297.58% | -32.57% | -198.14% | 49.55% | -108.74% | 16.15% | 43.96% | -17.14% | 511.54% | 55.8% | -123.8% | 86.07% | 10.03% | -131.98% | - | -139.83% | 40.84% | 6807.77% | -149.97% |
| EBITDA | -22.91M | -19.46M | -21.23M | -31.73M | -6.2M | -2.28M | -20.58M | -7.54M | -12.05M | 65.96M | -21.97M | -17.86M | -14.04M | -12.37M | -51.21M | 98.02M | -125.99M | -13.22M | 180.49M | -51.73M |
| EBITDA Margin % | -64.5% | -62.98% | -44.51% | -107.88% | -12.83% | -4.64% | -38.87% | -16.46% | -31.66% | 201.4% | -52.43% | -46.9% | -34.88% | -36.93% | -45.97% | 62.56% | -176.51% | -60.52% | 64.87% | -213.02% |
| EBITDA Growth % | -269.29% | -752.29% | -3.14% | -320.53% | 48.52% | -103.46% | 6.33% | 57.75% | 14.14% | 633.08% | 57.1% | -118.22% | 88.86% | 6.41% | -128.37% | - | -143.53% | 53.34% | - | -163.99% |
| D&A (Non-Cash Add-back) | 4.74M | 4.23M | 6.46M | 5.39M | 0 | 3.68M | 305K | 4.91M | 9.49M | 0 | 2.94M | 4.36M | 4.36M | 4.2M | 5.14M | 4.7M | 6M | 5.2M | 4.28M | 3.3M |
| EBIT | -27.64M | -23.7M | -26.44M | -37.35M | -6.2M | -5.96M | -26.08M | -7.22M | -20.16M | 65.96M | -17.41M | -27.95M | -16.8M | -13.15M | -42.24M | 77.51M | -142.62M | -18.41M | 179.13M | -53.84M |
| Net Interest Income | -4.74M | -4.57M | -24.64M | -4.83M | -5.09M | -5.47M | -5.22M | -5.2M | -4.42M | -6.78M | -10.36M | -3.38M | -3.53M | -4.84M | -5.46M | -5.17M | -3.46M | -4.71M | -4.82M | -11.29M |
| Interest Income | 542.84K | 526K | 0 | 845K | 517K | 511K | 1.05M | 529K | 521K | 266K | 486K | 220K | 251K | 253K | 201K | 24K | 22K | 13K | 9K | 0 |
| Interest Expense | 5.29M | 5.09M | 24.64M | 5.67M | 5.61M | 5.98M | 6.27M | 5.73M | 4.94M | 7.04M | 10.85M | 3.6M | 3.78M | 5.1M | 5.66M | 5.2M | 3.48M | 4.72M | 4.83M | 11.29M |
| Other Income/Expense | -4.65M | -7.55M | -23.39M | -6.36M | -939K | -1.8M | -11.46M | -507K | -3.56M | -9.29M | -3.35M | -9.34M | -2.19M | -1.67M | 8.45M | -21.01M | -11.7M | -7.12M | -2.02M | -2.63M |
| Pretax Income | -32.3M | -31.25M | -51.08M | -43.47M | -11.81M | -7.76M | -32.35M | -12.96M | -25.1M | 58.92M | -28.25M | -31.55M | -20.58M | -18.25M | -47.9M | 72.31M | -143.68M | -25.54M | 174.19M | -57.66M |
| Pretax Margin % | -90.93% | -101.12% | -107.11% | -147.82% | -24.43% | -15.76% | -61.1% | -28.27% | -65.95% | 179.89% | -67.44% | -82.87% | -51.14% | -54.46% | -43% | 46.15% | -201.3% | -116.89% | 62.61% | -237.42% |
| Income Tax | -575.37K | 824K | -1.06M | 882K | -223K | 1.47M | 4.64M | -3.72M | -167K | 9K | 3.9M | 2.67M | -3.66M | -120K | -3.7M | -108K | 1.77M | 502K | 1.8M | 1.04M |
| Effective Tax Rate % | 1.78% | -2.64% | 2.08% | -2.03% | 1.89% | -19% | -14.34% | 28.71% | 0.67% | 0.02% | -13.81% | -8.48% | 17.78% | 0.66% | 7.72% | -0.15% | -1.23% | -1.97% | 1.03% | -1.8% |
| Net Income | -31.72M | -32.07M | -50.02M | -44.35M | -11.59M | -9.23M | -36.99M | -9.24M | -24.93M | 58.91M | -32.16M | -34.23M | -16.92M | -18.13M | -44.2M | 72.42M | -145.45M | -26.04M | 172.51M | -58.7M |
| Net Margin % | -89.31% | -103.79% | -104.89% | -150.82% | -23.97% | -18.75% | -69.86% | -20.16% | -65.51% | 179.86% | -76.75% | -89.9% | -42.05% | -54.1% | -39.68% | 46.22% | -203.78% | -119.19% | 62% | -241.69% |
| Net Income Growth % | -173.78% | -247.41% | -35.23% | -380.24% | 53.53% | -115.67% | -15.02% | 73.01% | -47.37% | 424.98% | 27.25% | -147.26% | 88.37% | 30.39% | -125.62% | - | -147.8% | 6% | 8478.24% | -140.46% |
| Net Income (Continuing) | -31.72M | -32.07M | -50.02M | -44.35M | -11.59M | -9.23M | -36.99M | -9.24M | -24.93M | 58.91M | -32.16M | -34.23M | -16.92M | -18.13M | -44.2M | 72.42M | -145.45M | -26.04M | 172.39M | -58.7M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.34 | -0.38 | -0.58 | -0.52 | -0.15 | -0.12 | -0.52 | -0.13 | -0.38 | 0.84 | -0.46 | -0.50 | -0.24 | -0.26 | -0.64 | 1.56 | -3.16 | -0.48 | 3.42 | -1.28 |
| EPS Growth % | -126.67% | -216.67% | -11.54% | -300% | 60.53% | -114.29% | -13.04% | 74% | -58.33% | 423.08% | 28.13% | -132.05% | 92.41% | 45.83% | -118.71% | - | -146.88% | 20% | 7733.93% | -137.04% |
| EPS (Basic) | -0.34 | -0.38 | -0.58 | -0.52 | -0.15 | -0.12 | -0.52 | -0.13 | -0.38 | 0.84 | -0.46 | -0.50 | -0.24 | -0.26 | -0.64 | 1.56 | -3.16 | -0.48 | 3.42 | -1.28 |
| Diluted Shares Outstanding | 94.82M | 86.04M | 86.71M | 85.87M | 76.93M | 76.93M | 70.26M | 70.26M | 65.77M | 69.39M | 69.39M | 69.39M | 69.39M | 69.11M | 69.11M | 46.17M | 46.17M | 54.25M | 50.45M | 46.17M |
| Basic Shares Outstanding | 94.82M | 86.04M | 86.71M | 85.87M | 76.93M | 76.93M | 70.26M | 70.26M | 65.77M | 69.39M | 69.39M | 69.39M | 69.39M | 69.11M | 69.11M | 46.17M | 46.17M | 53.81M | 50.45M | 46.17M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |