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Valneva SE (VALN) Operating Expenses (2021 - 2025)

Historic Operating Expenses for Valneva SE (VALN) over the last 5 years, with Q3 2025 value amounting to -$44.2 million.

  • Valneva SE's Operating Expenses fell 4065.51% 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 23.15%. This contributed to the annual value of $123.9 million for FY2024, which is 1870.3% up from last year.
  • Per Valneva SE's latest filing, its Operating Expenses stood at -$44.2 million for Q3 2025, which was down 4065.51% from -$31.2 million recorded in Q2 2025.
  • Over the past 5 years, Valneva SE's Operating Expenses peaked at $423.0 million during Q4 2021, and registered a low of -$74.5 million during Q2 2021.
  • For the 5-year period, Valneva SE's Operating Expenses averaged around $27.4 million, with its median value being -$29.9 million (2024).
  • Examining YoY changes over the last 5 years, Valneva SE's Operating Expenses showed a top increase of 4664.6% in 2022 and a maximum decrease of 4268.46% in 2022.
  • Quarter analysis of 5 years shows Valneva SE's Operating Expenses stood at $423.0 million in 2021, then tumbled by 42.68% to $242.5 million in 2022, then decreased by 17.91% to $199.0 million in 2023, then grew by 6.32% to $211.6 million in 2024, then crashed by 120.87% to -$44.2 million in 2025.
  • Its Operating Expenses stands at -$44.2 million for Q3 2025, versus -$31.2 million for Q2 2025 and -$25.2 million for Q1 2025.