Valneva SE (VALN)
Valneva SE reported revenue of 47.7M EUR for the quarter ending 31 December 2025, down 9.9% from 52.9M a year earlier.
Every figure below is the company's own, as filed. Nothing is estimated and
nothing is smoothed — a period the filing does not support is left blank rather than
filled in.
Quarters are the company's own, counted from its financial
year ending 12-31.
Amounts in EUR.
The same series drawn ›
As last reported
The newest period the filing supports for each figure, in EUR.
| Figure | Period | Amount | Year on year |
|---|
| Revenue |
Q4 '25 · ending 31 December 2025 |
47.7M |
-9.9% |
| Gross Profit |
Q4 '25 · ending 31 December 2025 |
11.6M |
-54.8% |
| Operating Income |
Q4 '25 · ending 31 December 2025 |
-28.1M |
— |
| Net Income |
Q4 '25 · ending 31 December 2025 |
-50M |
— |
| Cost of Revenue |
Q4 '25 · ending 31 December 2025 |
36.1M |
+32.5% |
| Operating Cash Flow |
Q4 '25 · ending 31 December 2025 |
-24.5M |
-357.3% |
| Free Cash Flow |
Q4 '25 · ending 31 December 2025 |
-25.6M |
-551.6% |
| EPS |
Q4 '25 · ending 31 December 2025 |
-0.68 |
— |
Revenue and profit by financial year
As filed, in EUR. A year the filing does not support is not listed.
| Year | Ending |
Revenue | Operating Income | Net Income | Free Cash Flow |
|---|
| 2025 | 2025-12-31 |
174.7M | -82.1M | -115.2M | -57.3M |
|---|
| 2024 | 2024-12-31 |
169.6M | 13.3M | -12.2M | -81.1M |
|---|
| 2023 | 2023-12-31 |
153.7M | -82.1M | -101.4M | -217M |
|---|
| 2022 | 2022-12-31 |
361.3M | -113.4M | -143.3M | -274.6M |
|---|
| 2021 | 2021-12-31 |
348.1M | -61.4M | -73.4M | -15.3M |
|---|
| 2020 | 2020-12-31 |
110.3M | -55.1M | -64.4M | 118.8M |
|---|
| 2019 | 2019-12-31 |
126.2M | -811K | -1.7M | -5M |
|---|
Every period
Revenue Quarterly
| Period | Ending | Revenue |
|---|
| Q4 '25 | 2025-12-31 | 47.7M |
|---|
| Q3 '25 | 2025-09-30 | 29.4M |
|---|
| Q2 '25 | 2025-06-30 | 48.3M |
|---|
| Q1 '25 | 2025-03-31 | 49.2M |
|---|
| Q4 '24 | 2024-12-31 | 52.9M |
|---|
| Q3 '24 | 2024-09-30 | 45.8M |
|---|
| Q2 '24 | 2024-06-30 | 38.1M |
|---|
| Q1 '24 | 2024-03-31 | 32.8M |
|---|
| Q4 '23 | 2023-12-31 | 41.9M |
|---|
| Q3 '23 | 2023-09-30 | 38.1M |
|---|
| Q2 '23 | 2023-06-30 | 40.2M |
|---|
| Q1 '23 | 2023-03-31 | 33.5M |
|---|
| Q4 '22 | 2022-12-31 | 111.4M |
|---|
| Q3 '22 | 2022-09-30 | 156.7M |
|---|
| Q2 '22 | 2022-06-30 | 71.4M |
|---|
| Q1 '22 | 2022-03-31 | 21.8M |
|---|
| Q4 '21 | 2021-12-31 | 278.2M |
|---|
| Q3 '21 | 2021-09-30 | 22.3M |
|---|
| Q2 '21 | 2021-06-30 | 24.3M |
|---|
| Q1 '21 | 2021-03-31 | 23.2M |
|---|
Gross Profit Quarterly
Revenue minus cost of sales. This filer tags no gross profit of its own..
| Period | Ending | Gross Profit |
|---|
| Q4 '25 | 2025-12-31 | 11.6M |
|---|
| Q3 '25 | 2025-09-30 | 5.5M |
|---|
| Q2 '25 | 2025-06-30 | 24.2M |
|---|
| Q1 '25 | 2025-03-31 | 26.2M |
|---|
| Q4 '24 | 2024-12-31 | 25.7M |
|---|
| Q3 '24 | 2024-09-30 | 20.1M |
|---|
| Q2 '24 | 2024-06-30 | 14.6M |
|---|
| Q1 '24 | 2024-03-31 | 10.6M |
|---|
| Q4 '23 | 2023-12-31 | 15.8M |
|---|
| Q3 '23 | 2023-09-30 | 17.1M |
|---|
| Q2 '23 | 2023-06-30 | 6.9M |
|---|
| Q1 '23 | 2023-03-31 | 13M |
|---|
| Q4 '22 | 2022-12-31 | -10.3M |
|---|
| Q3 '22 | 2022-09-30 | 125.4M |
|---|
| Q2 '22 | 2022-06-30 | -86.2M |
|---|
| Q1 '22 | 2022-03-31 | 8M |
|---|
| Q4 '21 | 2021-12-31 | 249.9M |
|---|
| Q3 '21 | 2021-09-30 | -102.5M |
|---|
| Q2 '21 | 2021-06-30 | 4.2M |
|---|
| Q1 '21 | 2021-03-31 | 8.6M |
|---|
Operating Income Quarterly
| Period | Ending | Operating Income |
|---|
| Q4 '25 | 2025-12-31 | -28.1M |
|---|
| Q3 '25 | 2025-09-30 | -37.1M |
|---|
| Q2 '25 | 2025-06-30 | -10.9M |
|---|
| Q1 '25 | 2025-03-31 | -6M |
|---|
| Q4 '24 | 2024-12-31 | -20.9M |
|---|
| Q3 '24 | 2024-09-30 | -12.4M |
|---|
| Q2 '24 | 2024-06-30 | -21.5M |
|---|
| Q1 '24 | 2024-03-31 | 68.2M |
|---|
| Q4 '23 | 2023-12-31 | -24.9M |
|---|
| Q3 '23 | 2023-09-30 | -22.2M |
|---|
| Q2 '23 | 2023-06-30 | -18.4M |
|---|
| Q1 '23 | 2023-03-31 | -16.6M |
|---|
| Q4 '22 | 2022-12-31 | -56.4M |
|---|
| Q3 '22 | 2022-09-30 | 93.3M |
|---|
| Q2 '22 | 2022-06-30 | -132M |
|---|
| Q1 '22 | 2022-03-31 | -18.4M |
|---|
| Q4 '21 | 2021-12-31 | 176.2M |
|---|
| Q3 '21 | 2021-09-30 | -151.4M |
|---|
| Q2 '21 | 2021-06-30 | -55M |
|---|
| Q1 '21 | 2021-03-31 | -31.1M |
|---|
Net Income Quarterly
| Period | Ending | Net Income |
|---|
| Q4 '25 | 2025-12-31 | -50M |
|---|
| Q3 '25 | 2025-09-30 | -44.4M |
|---|
| Q2 '25 | 2025-06-30 | -11.6M |
|---|
| Q1 '25 | 2025-03-31 | -9.2M |
|---|
| Q4 '24 | 2024-12-31 | -37M |
|---|
| Q3 '24 | 2024-09-30 | -9.2M |
|---|
| Q2 '24 | 2024-06-30 | -24.9M |
|---|
| Q1 '24 | 2024-03-31 | 58.9M |
|---|
| Q4 '23 | 2023-12-31 | -32.2M |
|---|
| Q3 '23 | 2023-09-30 | -34.2M |
|---|
| Q2 '23 | 2023-06-30 | -16.9M |
|---|
| Q1 '23 | 2023-03-31 | -18.1M |
|---|
| Q4 '22 | 2022-12-31 | -44.2M |
|---|
| Q3 '22 | 2022-09-30 | 72.4M |
|---|
| Q2 '22 | 2022-06-30 | -145.5M |
|---|
| Q1 '22 | 2022-03-31 | -26M |
|---|
| Q4 '21 | 2021-12-31 | 172.5M |
|---|
| Q3 '21 | 2021-09-30 | -159.5M |
|---|
| Q2 '21 | 2021-06-30 | -58.7M |
|---|
| Q1 '21 | 2021-03-31 | -27.7M |
|---|
Cost of Revenue Quarterly
| Period | Ending | Cost of Revenue |
|---|
| Q4 '25 | 2025-12-31 | 36.1M |
|---|
| Q3 '25 | 2025-09-30 | 23.9M |
|---|
| Q2 '25 | 2025-06-30 | 24.1M |
|---|
| Q1 '25 | 2025-03-31 | 23M |
|---|
| Q4 '24 | 2024-12-31 | 27.2M |
|---|
| Q3 '24 | 2024-09-30 | 25.7M |
|---|
| Q2 '24 | 2024-06-30 | 23.5M |
|---|
| Q1 '24 | 2024-03-31 | 22.2M |
|---|
| Q4 '23 | 2023-12-31 | 26.1M |
|---|
| Q3 '23 | 2023-09-30 | 21M |
|---|
| Q2 '23 | 2023-06-30 | 33.4M |
|---|
| Q1 '23 | 2023-03-31 | 20.5M |
|---|
| Q4 '22 | 2022-12-31 | 121.7M |
|---|
| Q3 '22 | 2022-09-30 | 31.2M |
|---|
| Q2 '22 | 2022-06-30 | 157.6M |
|---|
| Q1 '22 | 2022-03-31 | 13.9M |
|---|
| Q4 '21 | 2021-12-31 | 28.3M |
|---|
| Q3 '21 | 2021-09-30 | 124.8M |
|---|
| Q2 '21 | 2021-06-30 | 20.1M |
|---|
| Q1 '21 | 2021-03-31 | 14.7M |
|---|
Operating Cash Flow Quarterly
| Period | Ending | Operating Cash Flow |
|---|
| Q4 '25 | 2025-12-31 | -24.5M |
|---|
| Q3 '25 | 2025-09-30 | -17.4M |
|---|
| Q2 '25 | 2025-06-30 | -2.8M |
|---|
| Q1 '25 | 2025-03-31 | -8.1M |
|---|
| Q4 '24 | 2024-12-31 | 9.5M |
|---|
| Q3 '24 | 2024-09-30 | -10.5M |
|---|
| Q2 '24 | 2024-06-30 | -37.8M |
|---|
| Q1 '24 | 2024-03-31 | -28.4M |
|---|
| Q4 '23 | 2023-12-31 | -65.9M |
|---|
| Q3 '23 | 2023-09-30 | -71.4M |
|---|
| Q2 '23 | 2023-06-30 | -41.1M |
|---|
| Q1 '23 | 2023-03-31 | -24.3M |
|---|
| Q4 '22 | 2022-12-31 | -55.8M |
|---|
| Q3 '22 | 2022-09-30 | -89.3M |
|---|
| Q2 '22 | 2022-06-30 | -73.4M |
|---|
| Q1 '22 | 2022-03-31 | -26.9M |
|---|
| Q4 '21 | 2021-12-31 | 40.4M |
|---|
| Q3 '21 | 2021-09-30 | -47.8M |
|---|
| Q2 '21 | 2021-06-30 | 36.7M |
|---|
| Q1 '21 | 2021-03-31 | 47.6M |
|---|
Free Cash Flow Quarterly
Operating cash flow minus capital expenditure.
| Period | Ending | Free Cash Flow |
|---|
| Q4 '25 | 2025-12-31 | -25.6M |
|---|
| Q3 '25 | 2025-09-30 | -18.1M |
|---|
| Q2 '25 | 2025-06-30 | -4.1M |
|---|
| Q1 '25 | 2025-03-31 | -9.6M |
|---|
| Q4 '24 | 2024-12-31 | 5.7M |
|---|
| Q3 '24 | 2024-09-30 | -16.4M |
|---|
| Q2 '24 | 2024-06-30 | -38.2M |
|---|
| Q1 '24 | 2024-03-31 | -32.9M |
|---|
| Q4 '23 | 2023-12-31 | -71.8M |
|---|
| Q3 '23 | 2023-09-30 | -72.6M |
|---|
| Q2 '23 | 2023-06-30 | -44.4M |
|---|
| Q1 '23 | 2023-03-31 | -28.2M |
|---|
| Q4 '22 | 2022-12-31 | -62.6M |
|---|
| Q3 '22 | 2022-09-30 | -95.8M |
|---|
| Q2 '22 | 2022-06-30 | -79.9M |
|---|
| Q1 '22 | 2022-03-31 | -36.2M |
|---|
| Q4 '21 | 2021-12-31 | 17.2M |
|---|
| Q3 '21 | 2021-09-30 | -77.6M |
|---|
| Q2 '21 | 2021-06-30 | 13.8M |
|---|
| Q1 '21 | 2021-03-31 | 31.2M |
|---|
EPS TTM
The filer's own published earnings a share for each quarter, four quarters added up. The company page divides trailing net income by the share count instead, which lands within about 1% of this and is not the same sum, so the two are named differently rather than presented as one figure.
| Period | Ending | EPS |
|---|
| Q4 '25 | 2025-12-31 | -0.68 |
|---|
| Q3 '25 | 2025-09-30 | -0.64 |
|---|
| Q2 '25 | 2025-06-30 | -0.45 |
|---|
| Q1 '25 | 2025-03-31 | -0.55 |
|---|
| Q4 '24 | 2024-12-31 | -0.08 |
|---|
| Q3 '24 | 2024-09-30 | -0.06 |
|---|
| Q2 '24 | 2024-06-30 | -0.24 |
|---|
| Q1 '24 | 2024-03-31 | -0.19 |
|---|
| Q4 '23 | 2023-12-31 | -0.73 |
|---|
| Q3 '23 | 2023-09-30 | -0.82 |
|---|
| Q2 '23 | 2023-06-30 | 0.09 |
|---|
| Q1 '23 | 2023-03-31 | -1.13 |
|---|
| Q4 '22 | 2022-12-31 | -1.24 |
|---|
| Q3 '22 | 2022-09-30 | 0.84 |
|---|
| Q2 '22 | 2022-06-30 | -1.42 |
|---|
| Q1 '22 | 2022-03-31 | -0.69 |
|---|
| Q4 '21 | 2021-12-31 | -0.75 |
|---|