Growth Metrics

Valneva SE (VALN) Research & Development (2021 - 2025)

Historic Research & Development for Valneva SE (VALN) over the last 5 years, with Q3 2025 value amounting to -$31.9 million.

  • Valneva SE's Research & Development fell 5382.38% to -$31.9 million in Q3 2025 from the same period last year, while for Sep 2025 it was $63.7 million, marking a year-over-year increase of 1167.87%. This contributed to the annual value of $80.2 million for FY2024, which is 2386.14% up from last year.
  • According to the latest figures from Q3 2025, Valneva SE's Research & Development is -$31.9 million, which was down 5382.38% from -$19.8 million recorded in Q2 2025.
  • In the past 5 years, Valneva SE's Research & Development ranged from a high of $332.3 million in Q4 2021 and a low of -$61.4 million during Q2 2021
  • Moreover, its 5-year median value for Research & Development was -$17.8 million (2024), whereas its average is $19.5 million.
  • Per our database at Business Quant, Valneva SE's Research & Development skyrocketed by 6102.73% in 2023 and then crashed by 5382.38% in 2025.
  • Valneva SE's Research & Development (Quarter) stood at $332.3 million in 2021, then crashed by 44.65% to $184.0 million in 2022, then plummeted by 40.28% to $109.9 million in 2023, then rose by 19.35% to $131.1 million in 2024, then crashed by 124.33% to -$31.9 million in 2025.
  • Its Research & Development stands at -$31.9 million for Q3 2025, versus -$19.8 million for Q2 2025 and -$15.7 million for Q1 2025.