Valneva SE (VALN) Operating Income (2021 - 2026)

Valneva SE (VALN) posted Operating Income of -$27.7 million for Q1 2026, up 15.23% sequentially from -$32.7 million in Q4 2025, and down 342.51% YoY from $11.4 million in Q1 2025.

Valneva SE (VALN) Operating Income (2021 - 2026) Analysis & Trends

Valneva SE has reported Operating Income for 6 years, with the latest figure at -$27.7 million in Q1 2026.

  • Quarterly Operating Income fell 342.51% year-over-year to -$27.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$116.2 million (down 77.46% YoY) and the FY2025 annual result came in at -$95.5 million, down 762.08% from the prior year.
  • Operating Income grew to -$27.7 million in Q1 2026 per VALN's latest filing, from -$32.7 million in the prior quarter.
  • Over five years, Operating Income peaked at $94.1 million in Q3 2022 and troughed at -$140.8 million in Q2 2022.
  • A 5-year average of -$18.9 million and a median of -$22.3 million in 2024 frame the typical range for Operating Income.
  • The sharpest annual moves came in 2024 and 2026: Operating Income surged 516.53% in 2024, then sank 342.51% in 2026.
  • Over 5 years, Operating Income stood at -$57.5 million in 2022, then jumped by 53.39% to -$26.8 million in 2023, then grew by 16.72% to -$22.3 million in 2024, then slumped by 46.65% to -$32.7 million in 2025, then increased by 15.23% to -$27.7 million in 2026.
  • According to Business Quant data, Operating Income over the past three periods registered -$27.7 million, -$32.7 million, and -$43.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Vertex Pharmaceuticals 128.13 Bn 120.28 Bn 2.84 Bn 1.25 Bn
2 Regeneron Pharmaceuticals 112.33 Bn 104.33 Bn 3.93 Bn 1.29 Bn
3 Argenx Se 53.24 Bn 48.05 Bn 1.41 Bn 493.00 Mn
4 Revolution Medicines 43.64 Bn 43.64 Bn - -505.13 Mn
5 BeOne Medicines 39.27 Bn 34.17 Bn 1.53 Bn 325.05 Mn
6 MindWalk Holdings 35.32 Bn 35.31 Bn 1.82 Bn -3,158.03
7 Royalty Pharma 33.72 Bn 35.84 Bn - 133.12 Mn
8 Alnylam Pharmaceuticals 30.58 Bn 27.27 Bn 992.69 Mn 231.44 Mn
9 Insmed 27.01 Bn 25.85 Bn 358.27 Mn -1.55 Mn
10 Valneva SE 618.67 Mn 477.41 Mn 1.86 Mn -30.44 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 -30.44 Mn
Mar 31, 2026 -27.74 Mn
Dec 31, 2025 -32.73 Mn
Sep 30, 2025 -43.39 Mn
Jun 30, 2025 -12.30 Mn
Mar 31, 2025 -6.27 Mn
Dec 31, 2024 -22.32 Mn
Sep 30, 2024 -13.67 Mn
Jun 30, 2024 -23.20 Mn
Mar 31, 2024 74.10 Mn
Dec 31, 2023 -26.80 Mn
Sep 30, 2023 -24.18 Mn
Jun 30, 2023 -20.03 Mn
Mar 31, 2023 -17.79 Mn
Dec 31, 2022 -57.49 Mn
Sep 30, 2022 94.09 Mn
Jun 30, 2022 -140.84 Mn
Mar 31, 2022 -20.68 Mn
Dec 31, 2021 201.58 Mn
Sep 30, 2021 -178.58 Mn