Stocks · Technology · Semiconductors & Related Devices

Valens Semiconductor Ltd.

VLN Clue Score26
Israel Fiscal year ends December CIK 0001863006
$1.73 -1.70% Close, 9 Oct 2026
Price $1.73 −76.62% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 1 Oct 2021. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2019Revenue60.0Operating income−28.0Net income−25.9Fiscal year 2020Revenue56.9 −5.2%Operating income−22.8Net income−19.6EPS, diluted−3.25Fiscal year 2021Revenue70.7 +24.2%Operating income−27.1Net income−26.5EPS, diluted−1.15Fiscal year 2022Revenue90.7 +28.3%Operating income−28.4Net income−27.7EPS, diluted−0.28Fiscal year 2023Revenue84.2 −7.2%Operating income−26.9Net income−19.7EPS, diluted−0.19Fiscal year 2024Revenue57.9 −31.3%Operating income−41.3Net income−36.6EPS, diluted−0.35Fiscal year 2025Revenue70.6 +22.1%Operating income−34.1Net income−31.6EPS, diluted−0.31
FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 60.0 56.9 70.7 90.7 84.2 57.9 70.6
Growth −5.2% +24.2% +28.3% −7.2% −31.3% +22.1%
Operating income −28.0 −22.8 −27.1 −28.4 −26.9 −41.3 −34.1
Net income −25.9 −19.6 −26.5 −27.7 −19.7 −36.6 −31.6
Growth
EPS, diluted n/a −3.25 −1.15 −0.28 −0.19 −0.35 −0.31

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2019Gross margin79.0%Operating margin−46.6%Net margin−43.2%Free cash flow margin−38.4%Fiscal year 2020Gross margin76.4%Operating margin−40.0%Net margin−34.5%Free cash flow margin−36.0%Fiscal year 2021Gross margin71.6%Operating margin−38.3%Net margin−37.5%Free cash flow margin−32.6%Fiscal year 2022Gross margin69.9%Operating margin−31.3%Net margin−30.5%Free cash flow margin−25.6%Fiscal year 2023Gross margin62.5%Operating margin−32.0%Net margin−23.4%Free cash flow margin−9.0%Fiscal year 2024Gross margin59.2%Operating margin−71.5%Net margin−63.2%Free cash flow margin−1.5%Fiscal year 2025Gross margin62.4%Operating margin−48.2%Net margin−44.7%Free cash flow margin−19.5%
FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin 79.0% 76.4% 71.6% 69.9% 62.5% 59.2% 62.4%
Operating margin −46.6% −40.0% −38.3% −31.3% −32.0% −71.5% −48.2%
Net margin −43.2% −34.5% −37.5% −30.5% −23.4% −63.2% −44.7%
Free cash flow margin −38.4% −36.0% −32.6% −25.6% −9.0% −1.5% −19.5%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2019Operating cash flow−21.6Capital expenditure−1.4Free cash flow−23.0Fiscal year 2020Operating cash flow−19.6Capital expenditure−0.9Free cash flow−20.5Fiscal year 2021Operating cash flow−21.6Capital expenditure−1.4Free cash flow−23.1Fiscal year 2022Operating cash flow−22.1Capital expenditure−1.1Free cash flow−23.2Fiscal year 2023Operating cash flow−6.4Capital expenditure−1.2Free cash flow−7.5Fiscal year 2024Operating cash flow1.0Capital expenditure−1.9Free cash flow−0.8Buybacks−1.0Fiscal year 2025Operating cash flow−12.7Capital expenditure−1.1Free cash flow−13.8Buybacks−24.0
FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow −21.6 −19.6 −21.6 −22.1 −6.4 1.0 −12.7
Capital expenditure −1.4 −0.9 −1.4 −1.1 −1.2 −1.9 −1.1
Free cash flow −23.0 −20.5 −23.1 −23.2 −7.5 −0.8 −13.8
Growth
Buybacks n/a n/a n/a n/a n/a −1.0 −24.0

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
Cash
Fiscal year 2019Cash15.6Shareholders’ equity−68.3Fiscal year 2020Cash26.3Shareholders’ equity−82.2Fiscal year 2021Cash56.8Shareholders’ equity182.2Fiscal year 2022Cash20.0Shareholders’ equity167.4Fiscal year 2023Cash17.3Shareholders’ equity164.3Fiscal year 2024Cash35.4Shareholders’ equity142.7Fiscal year 2025Cash27.9Shareholders’ equity105.0
FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 15.6 26.3 56.8 20.0 17.3 35.4 27.9
Shareholders’ equity −68.3 −82.2 182.2 167.4 164.3 142.7 105.0

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Balance sheet

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021† 31 Dec 2021 FY2022† 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Assets
15.6 26.3 56.8 20.0 17.3 35.4 27.9
n/a 8.7 7.1 11.5 14.6 7.8 10.0
n/a 3.2 9.3 23.8 13.8 10.2 10.1
2.6 2.4 2.7 2.8 3.0 3.6 2.9
n/a n/a n/a n/a n/a 1.8 1.8
n/a 79.2 202.6 195.7 180.6 172.2 134.7
Growth +155.9% −3.4% −7.7% −4.7% −21.8%
Liabilities
n/a 11.8 20.4 28.2 16.3 29.5 29.7
Equity
n/a −103.5 −130.0 −157.7 −177.3 −213.9 −245.5
−68.3 −82.2 182.2 167.4 164.3 142.7 105.0
Growth −8.1% −1.9% −13.2% −26.4%
Per share and net cash
n/a 10.8 98.1 98.9 104.2 106.3 103.1
calc n/a −7.62 1.86 1.69 1.58 1.34 1.02

† The diluted share count jumps at 2021 and 2022, so per-share figures either side of that column are not comparable. Usually a split, but the break lands on the restatement boundary rather than on the split date, because every column is that period’s latest filing.

Lines marked calc are worked out here from filed figures; point at one for how.