Valneva SE (VALN) Accumulated Expenses (2020 - 2025)

Valneva SE (VALN) has reported Accumulated Expenses for 6 consecutive years, with $14.4 million the latest figure, recorded in Q4 2025.

• Quarterly Accumulated Expenses fell 3.55% year-over-year to $14.4 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $14.4 million (down 3.55% YoY) and the FY2025 annual result came in at $14.4 million, down 3.55% from the prior year.
• Accumulated Expenses fell to $14.4 million in Q4 2025 per VALN's latest filing, from $14.9 million in the prior quarter.
• Over the last five years, Accumulated Expenses for VALN reached as high as $14.9 million in Q4 2024 and fell as low as $11.5 million in Q4 2021.
• A 5-year average of $12.8 million and a median of $12.3 million in 2022 frame the typical range for Accumulated Expenses.
• Annual changes were most pronounced in 2021 — Accumulated Expenses gained 21.7% — and 2025, when it dropped 3.55%.
• Year by year, Accumulated Expenses stood at $11.5 million in 2021, then climbed by 6.7% to $12.3 million in 2022, then increased by 0.34% to $12.3 million in 2023, then rose by 21.19% to $14.9 million in 2024, then fell by 3.55% to $14.4 million in 2025.
• According to Business Quant data, Accumulated Expenses over the past three periods registered $14.4 million, $14.9 million, and $11.6 million for Q4 2025, Q4 2024, and Q2 2024 respectively.