Valneva SE (VALN) Cost of Revenue (2021 - 2026)

Valneva SE has disclosed Cost of Revenue across 6 years of filings, most recently posting $30.7 million for Q1 2026.

• Cost of Revenue for Q1 2026 came in at $30.7 million, up 26.45% year-over-year; the trailing twelve-month figure through Mar 2026 was $127.9 million (up 19.73% YoY), and the FY2025 annual result was $124.7 million, up 18.44% from the prior year.
• Cost of Revenue came in at $30.7 million for Q1 2026 at Valneva SE, down from $42.0 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $168.2 million in Q2 2022 to a low of $15.6 million in Q1 2022.
• The 5-year median for Cost of Revenue is $28.0 million (2023), against an average of $41.6 million.
• Peak annual rise in Cost of Revenue reached 593.86% in 2022, while the deepest fall reached 78.59% in 2022.
• Valneva SE's Cost of Revenue stood at $124.2 million in 2022, then slumped by 77.42% to $28.0 million in 2023, then advanced by 3.76% to $29.1 million in 2024, then jumped by 44.29% to $42.0 million in 2025, then slipped by 27.0% to $30.7 million in 2026.
• The last three Cost of Revenue figures came in at $30.7 million (Q1 2026), $42.0 million (Q4 2025), and $27.9 million (Q3 2025), per Business Quant data.