Valneva SE (VALN) Gross Margin (2021 - 2026)
Valneva SE's (VALN) quarterly Gross Margin came in at 14.21% in Q1 2026, down 3837.0% year-on-year from 0.38% in Q1 2025, and up 125.26% quarter-over-quarter from 6.31% in Q4 2025.
Valneva SE (VALN) Gross Margin (2021 - 2026) Analysis & Trends
Valneva SE has disclosed Gross Margin across 6 years of filings, most recently posting 14.21% for Q1 2026.
- Gross Margin for Q1 2026 came in at 14.21%, down 3837.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 20.93% (down 2369.0% YoY), and the FY2025 annual result was 32.15%, down 751.0% from the prior year.
- Gross Margin came in at 14.21% for Q1 2026 at Valneva SE, up from 6.31% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 52.58% in Q1 2025 to a low of 817.83% in Q2 2022.
- The 5-year median for Gross Margin is 31.07% (2024), against an average of 32.91%.
- Peak annual rise in Gross Margin reached 83449 bps in 2022, while the deepest fall reached 78912 bps in 2022.
- Valneva SE's Gross Margin stood at 201.45% in 2022, then surged by 122 bps to 45.22% in 2023, then grew by 3 bps to 46.39% in 2024, then slumped by 86 bps to 6.31% in 2025, then surged by 125 bps to 14.21% in 2026.
- The last three Gross Margin figures came in at 14.21% (Q1 2026), 6.31% (Q4 2025), and 15.76% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 723,416.35 Bn | 723,416.32 Bn | - | - |
| 2 | Belite Bio | 57,340.00 Bn | 57,340.00 Bn | - | - |
| 3 | Quantum Biopharma | 19,125.08 Bn | 19,125.08 Bn | - | - |
| 4 | Legend Biotech | 3,262.00 Bn | 3,261.71 Bn | 242.10 Mn | 79.04% |
| 5 | Akari Therapeutics | 1,789.67 Bn | 1,789.67 Bn | - | - |
| 6 | Evaxion A | 1,480.39 Bn | 1,480.37 Bn | - | - |
| 7 | Psyence Biomedical | 241.78 Bn | 241.78 Bn | - | - |
| 8 | Vertex Pharmaceuticals | 113.54 Bn | 106.29 Bn | 2.59 Bn | 86.85% |
| 9 | Abivax | 94.26 Bn | 94.26 Bn | - | - |
| 10 | Valneva SE | 167.33 Mn | 44.10 Mn | 5.08 Mn | 14.21% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 14.21% |
| Dec 31, 2025 | 6.31% |
| Sep 30, 2025 | 15.76% |
| Jun 30, 2025 | 43.15% |
| Mar 31, 2025 | 52.58% |
| Dec 31, 2024 | 46.39% |
| Sep 30, 2024 | 41.93% |
| Jun 30, 2024 | 35.05% |
| Mar 31, 2024 | 31.07% |
| Dec 31, 2023 | 45.22% |
| Sep 30, 2023 | 42.49% |
| Jun 30, 2023 | 11.20% |
| Mar 31, 2023 | 36.20% |
| Dec 31, 2022 | -201.45% |
| Sep 30, 2022 | 23.95% |
| Jun 30, 2022 | -817.83% |
| Mar 31, 2022 | 14.24% |
| Dec 31, 2021 | -61.77% |
| Sep 30, 2021 | -810.54% |
| Jun 30, 2021 | -28.71% |