Valens Semiconductor (VLN)
Supplies connectivity chips for automotive, audio-video, industrial, and medical applications.
$1.86
vs last close−0.06 (−3.12%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 14 | 22 | 12 | 14 | 16 | 17 | 17 | 17 | 17 | 19 | 17 | 18 |
| Cost of revenue | 6 | 8 | 5 | 5 | 7 | 7 | 6 | 6 | 6 | 8 | 6 | 7 |
| Gross profit | 8 | 14 | 7 | 8 | 9 | 10 | 11 | 11 | 11 | 12 | 10 | 11 |
| 21 | 15 | 18 | 18 | 21 | 18 | 20 | 18 | 19 | 21 | 20 | 19 | |
| Research & development | 13 | 9 | 10 | 10 | 10 | 10 | 11 | 10 | 11 | 11 | 10 | 10 |
| 8 | 7 | 8 | 8 | 11 | 8 | 9 | 9 | 7 | 10 | 9 | 9 | |
| Selling & marketing | 4 | 4 | 4 | 4 | 5 | 5 | 6 | 5 | 5 | 5 | 5 | 5 |
| General & administrative | 4 | 3 | 4 | 3 | 6 | 4 | 4 | 4 | 2 | 5 | 4 | 4 |
| Other expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −1 | 1 | 0 | 0 | 0 |
| Operating income | −13 | −2 | −11 | −9 | −12 | −8 | −9 | −7 | −8 | −9 | −9 | −8 |
| 0 | 5 | 1 | 1 | 2 | 1 | 1 | 0 | 1 | 1 | 1 | 0 | |
| Interest income | 0 | 6 | 1 | 1 | 2 | 1 | 1 | 0 | 1 | 0 | 1 | 0 |
| Interest expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other non-operating income | 0 | −5 | −1 | 0 | −2 | −5 | 0 | 1 | −1 | −1 | −1 | 0 |
| Income before tax | −12 | 3 | −10 | −9 | −10 | −7 | −8 | −7 | −7 | −9 | −8 | −8 |
| Income tax expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income from continuing operations | −12 | 3 | −10 | −9 | −10 | −7 | −8 | −7 | −7 | −9 | −8 | −8 |
| Other adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | −12 | 3 | −10 | −9 | −10 | −7 | −8 | −7 | −7 | −9 | −8 | −8 |
| EPS, basic | −$0.12 | $0.03 | −$0.10 | −$0.08 | −$0.10 | −$0.07 | −$0.08 | −$0.07 | −$0.07 | −$0.09 | −$0.08 | −$0.08 |
| EPS, diluted | −$0.12 | $0.03 | −$0.10 | −$0.08 | −$0.10 | −$0.07 | −$0.08 | −$0.07 | −$0.07 | −$0.09 | −$0.08 | −$0.08 |
| Weighted average shares, basic | 102 | 103 | 104 | 105 | 106 | 107 | 105 | 104 | 101 | 102 | 105 | 107 |
| Weighted average shares, diluted | 102 | 103 | 104 | 105 | 106 | 107 | 105 | 104 | 101 | 102 | 105 | 107 |
| EBITDA | −13 | 3 | −10 | −9 | −10 | −3 | −9 | −7 | −7 | −8 | −7 | −7 |
| Depreciation & amortization | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| EBIT | −13 | 3 | −10 | −9 | −10 | −4 | −9 | −8 | −7 | −9 | −8 | −8 |
