Valens Semiconductor Ltd. financials
Source: EDGAR filings · Built 2026-06-19T01:43:26Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -13.79M | -848.00K | -7.54M | -23.20M | -23.05M | -20.47M |
| EBITDA | -31.07M | -38.80M | -25.29M | -26.99M | -25.97M | -21.70M |
| Working Capital | 95.72M | 133.58M | 158.76M | 163.72M | 183.33M | 65.21M |
| Net Debt | -19.55M | -27.72M | -15.21M | -16.54M | -56.74M | — |
| Gross Margin | 62.42% | 59.24% | 62.49% | 69.88% | 71.56% | 76.40% |
| Operating Margin | -48.22% | -71.45% | -31.98% | -31.27% | -38.29% | -40.04% |
| Net Margin | -44.72% | -63.23% | -23.36% | -30.50% | -37.54% | -34.50% |
| Return on Equity (ROE) | -30.08% | -25.64% | -11.97% | -16.52% | -14.56% | 23.88% |
| Return on Assets (ROA) | -23.45% | -21.25% | -10.89% | -14.14% | -13.10% | -24.80% |
| Current Ratio | 5.17× | 7.57× | 10.97× | 7.60× | 12.68× | 6.84× |
| Debt-to-Equity | 0.08× | 0.05× | 0.01× | 0.02× | 0.00× | — |
| Effective Tax Rate | -0.50% | -0.26% | -0.57% | -1.66% | -1.56% | -0.84% |
| Cash Conversion Ratio | 0.40× | -0.03× | 0.32× | 0.80× | 0.81× | 1.00× |
| Accruals Ratio | -0.14× | -0.22× | -0.07× | -0.03× | -0.02× | -0.00× |
| SBC % of Revenue | 23.42% | 26.13% | 17.85% | 13.33% | 13.96% | 9.36% |
| CapEx Coverage | -11.89× | 0.55× | -5.37× | -19.92× | -14.98× | -22.77× |
| Free Cash Flow Per Share | $-0.13 | $-0.01 | $-0.07 | $-0.24 | $-0.70 | $-1.96 |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| Revenues | 70.63M | 57.86M | 84.16M | 90.72M | 70.68M | 56.91M |
| Cost of Revenue | 26.54M | 23.58M | 31.57M | 27.32M | 20.11M | 13.43M |
| Gross Profit | 44.09M | 34.28M | 52.59M | 63.39M | 50.58M | 43.48M |
| Research and Development Expense | 42.66M | 40.48M | 48.17M | 58.21M | 46.88M | 44.73M |
| Selling, General and Administrative Expense | 14.26M | 16.46M | 14.02M | — | — | — |
| Operating Expenses | 78.14M | 75.62M | 79.51M | 91.76M | 77.64M | 66.27M |
| Operating Income (Loss) | -34.05M | -41.34M | -26.92M | -28.37M | -27.07M | -22.79M |
| Income Tax Expense (Benefit) | 158.00K | 96.00K | 112.00K | 451.00K | 407.00K | 164.00K |
| Net Income (Loss) Attributable to Parent | -31.58M | -36.58M | -19.66M | -27.67M | -26.53M | -19.64M |
| Earnings Per Share, Basic | $-0.31 | $-0.35 | $-0.19 | $-0.28 | $-1.15 | $-3.25 |
| Weighted Average Number of Shares Outstanding, Basic | 103.14M | 105.48M | 101.99M | 97.82M | 33.03M | 10.45M |
| Earnings Per Share, Diluted | $-0.31 | $-0.35 | $-0.19 | $-0.28 | $-1.15 | $-3.25 |
| Weighted Average Number of Shares Outstanding, Diluted | 103.14M | 105.48M | 101.99M | 97.82M | 33.03M | 10.45M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 27.86M | 35.42M | 17.26M | 20.02M | 56.79M | 26.32M |
| Assets, Current | 118.66M | 153.90M | 174.69M | 188.51M | 199.03M | 76.38M |
| Assets | 134.70M | 172.15M | 180.56M | 195.66M | 202.60M | 79.17M |
| Liabilities, Current | 22.93M | 20.33M | 15.93M | 24.79M | 15.70M | 11.16M |
| Liabilities | 29.72M | 29.46M | 16.25M | 28.22M | 20.40M | 11.78M |
| Stockholders' Equity Attributable to Parent | 104.98M | 142.69M | 164.30M | 167.44M | 182.20M | -82.22M |
| Common Stock, Shares, Outstanding | 103.05M | 106.34M | 103.15M | 98.88M | 97.12M | 10.80M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -12.72M | 1.02M | -6.36M | -22.09M | -21.61M | -19.61M |
| Payments to Acquire Property, Plant, and Equipment | 1.07M | 1.87M | 1.19M | 1.11M | 1.44M | 861.00K |
| Net Cash Provided by (Used in) Investing Activities | 28.03M | 17.78M | 1.35M | -11.73M | -84.16M | 28.31M |
| Payments for Repurchase of Common Stock | 23.99M | 1.02M | — | — | — | — |
| Net Cash Provided by (Used in) Financing Activities | -23.09M | -155.00K | 1.50M | 822.00K | 135.43M | 406.00K |
Derived Metrics
| Concept | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -547.00K | -4.94M | -330.00K | -7.97M | -1.21M | 2.24M |
| EBITDA | -8.46M | -7.29M | -6.63M | -8.69M | -7.62M | -11.41M |
| Working Capital | 95.72M | 98.86M | 106.00M | 119.82M | 133.58M | 136.15M |
| Net Debt | -19.55M | -23.34M | -38.24M | -33.45M | -27.72M | -28.95M |
| Gross Margin | 60.54% | 63.01% | 63.51% | 62.88% | 60.44% | 56.40% |
| Operating Margin | -47.28% | -46.36% | -43.31% | -56.19% | -50.47% | -76.28% |
| Net Margin | -45.20% | -42.23% | -42.11% | -49.37% | -43.91% | -64.57% |
| Return on Equity (ROE) | -8.35% | -6.73% | -6.17% | -6.46% | -5.13% | -7.04% |
| Return on Assets (ROA) | -6.51% | -5.36% | -4.96% | -5.38% | -4.25% | -6.02% |
| Current Ratio | 5.17× | 5.68× | 5.97× | 8.10× | 7.57× | 8.20× |
| Debt-to-Equity | 0.08× | 0.08× | 0.07× | 0.06× | 0.05× | 0.04× |
| Effective Tax Rate | -0.34% | -0.19% | -0.29% | -1.13% | -0.60% | -0.14% |
| Cash Conversion Ratio | 0.03× | 0.64× | 0.03× | 0.92× | 0.05× | -0.29× |
| Accruals Ratio | -0.06× | -0.02× | -0.05× | -0.00× | -0.04× | -0.08× |
| SBC % of Revenue | 25.10% | 21.51% | 22.13% | 24.76% | 23.16% | 23.44% |
| CapEx Coverage | -1.17× | -16.59× | -1.77× | -21.32× | -0.38× | 4.11× |
| Free Cash Flow Per Share | $-0.01 | $-0.05 | $-0.00 | $-0.08 | $-0.01 | $0.02 |
Income Statement
| Concept | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 |
|---|---|---|---|---|---|---|
| Revenues | 19.40M | 17.34M | 17.06M | 16.83M | 16.66M | 16.04M |
| Cost of Revenue | 7.66M | 6.41M | 6.22M | 6.25M | 6.59M | 6.99M |
| Gross Profit | 11.75M | 10.92M | 10.84M | 10.58M | 10.07M | 9.04M |
| Research and Development Expense | 11.06M | 10.80M | 10.20M | 10.59M | 10.06M | 10.31M |
| Selling, General and Administrative Expense | 4.69M | 2.21M | 3.70M | 3.67M | 3.67M | 5.83M |
| Operating Expenses | 20.92M | 18.96M | 18.22M | 20.04M | 18.48M | 21.28M |
| Operating Income (Loss) | -9.17M | -8.04M | -7.39M | -9.46M | -8.41M | -12.23M |
| Income Tax Expense (Benefit) | 30.00K | 14.00K | 21.00K | 93.00K | 44.00K | 14.00K |
| Net Income (Loss) Attributable to Parent | -8.77M | -7.32M | -7.18M | -8.31M | -7.32M | -10.36M |
| Earnings Per Share, Basic | $-0.09 | $-0.07 | $-0.07 | $-0.08 | $-0.07 | $-0.10 |
| Weighted Average Number of Shares Outstanding, Basic | 103.14M | 101.39M | 103.55M | 105.26M | 105.48M | 106.10M |
| Earnings Per Share, Diluted | $-0.09 | $-0.07 | $-0.07 | $-0.08 | $-0.07 | $-0.10 |
| Weighted Average Number of Shares Outstanding, Diluted | 103.14M | 101.39M | 103.55M | 105.26M | 105.48M | 106.10M |
Balance Sheet
| Concept | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 27.86M | 31.59M | 46.59M | 41.00M | 35.42M | 35.44M |
| Assets, Current | 118.66M | 119.99M | 127.33M | 136.70M | 153.90M | 155.05M |
| Assets | 134.70M | 136.69M | 144.79M | 154.56M | 172.15M | 171.89M |
| Liabilities, Current | 22.93M | 21.14M | 21.33M | 16.88M | 20.33M | 18.91M |
| Liabilities | 29.72M | 27.86M | 28.30M | 25.95M | 29.46M | 24.90M |
| Stockholders' Equity Attributable to Parent | 104.98M | 108.83M | 116.50M | 128.61M | 142.69M | 146.99M |
| Common Stock, Shares, Outstanding | 103.05M | 101.58M | 101.83M | 104.89M | 106.34M | 106.29M |
Cash Flow Statement
| Concept | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -295.00K | -4.66M | -211.00K | -7.61M | -330.00K | 2.96M |
| Payments to Acquire Property, Plant, and Equipment | 252.00K | 281.00K | 119.00K | 357.00K | 880.00K | 722.00K |
| Net Cash Provided by (Used in) Investing Activities | -4.43M | -5.66M | 15.53M | 22.65M | 812.00K | 8.21M |
| Payments for Repurchase of Common Stock | 597.00K | 3.63M | 10.18M | 9.59M | — | — |
| Net Cash Provided by (Used in) Financing Activities | -154.00K | -3.56M | -9.98M | -9.40M | -847.00K | 56.00K |
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (VLN CIK 0001863006),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.