Growth Metrics

Valneva SE (VALN) Operating Expenses: 2021-2025

Historic Operating Expenses for Valneva SE (VALN) over the last 5 years, with Sep 2025 value amounting to -$44.2 million.

  • Valneva SE's Operating Expenses fell 40.66% to -$44.2 million in Q3 2025 from the same period last year, while for Sep 2025 it was $111.1 million, marking a year-over-year increase of 0.23%. This contributed to the annual value of $289.8 million for FY2024, which is 4.13% up from last year.
  • Valneva SE's Operating Expenses amounted to -$44.2 million in Q3 2025, which was down 41.58% from -$31.2 million recorded in Q2 2025.
  • Valneva SE's Operating Expenses' 5-year high stood at $423.0 million during Q4 2021, with a 5-year trough of -$74.5 million in Q2 2021.
  • Over the past 3 years, Valneva SE's median Operating Expenses value was -$27.0 million (recorded in 2023), while the average stood at $12.6 million.
  • Over the last 5 years, Valneva SE's Operating Expenses had its largest YoY gain of 46.65% in 2022, and its largest YoY loss of 42.68% in 2022.
  • Valneva SE's Operating Expenses (Quarterly) stood at $423.0 million in 2021, then tumbled by 42.68% to $242.5 million in 2022, then fell by 17.91% to $199.0 million in 2023, then grew by 6.32% to $211.6 million in 2024, then slumped by 40.66% to -$44.2 million in 2025.
  • Its last three reported values are -$44.2 million in Q3 2025, -$31.2 million for Q2 2025, and -$25.2 million during Q1 2025.