Valneva SE (VALN) Tax Rate (2021 - 2026)

Valneva SE's (VALN) quarterly Tax Rate came in at 2.64% in Q1 2026, down 1636.0% year-on-year from 0.17% in Q1 2025, and up 34.69% quarter-over-quarter from 1.96% in Q4 2025.

Valneva SE (VALN) Tax Rate (2021 - 2026) Analysis & Trends

Valneva SE has disclosed Tax Rate across 6 years of filings, most recently posting 2.64% for Q1 2026.

  • Tax Rate for Q1 2026 came in at 2.64%, down 1636.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 1.27% (down 223.0% YoY), and the FY2025 annual result was 0.96%, up 600.0% from the prior year.
  • Tax Rate came in at 2.64% for Q1 2026 at Valneva SE, up from 1.96% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 31.32% in Q3 2024 to a low of 17.78% in Q2 2023.
  • The 5-year median for Tax Rate is 0.01% (2024), against an average of 0.95%.
  • Across the five-year window, Tax Rate surged 2284 bps in 2024 and tumbled 3903 bps in 2025, its largest moves.
  • Valneva SE's Tax Rate stood at 1.31% in 2022, then plunged by 359 bps to 6.01% in 2023, then tumbled by 142 bps to 14.53% in 2024, then soared by 113 bps to 1.96% in 2025, then surged by 35 bps to 2.64% in 2026.
  • The last three Tax Rate figures came in at 2.64% (Q1 2026), 1.96% (Q4 2025), and 7.71% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (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 -57.14%
5 Akari Therapeutics 1,789.67 Bn 1,789.67 Bn - 5.61%
6 Evaxion A 1,480.39 Bn 1,480.37 Bn - -6.79%
7 Psyence Biomedical 241.78 Bn 241.78 Bn - -
8 Vertex Pharmaceuticals 113.54 Bn 106.29 Bn 2.59 Bn 17.68%
9 Abivax 94.26 Bn 94.26 Bn - -
10 Valneva SE 167.33 Mn 44.10 Mn 5.08 Mn 2.64%

Historic Data

Download Data
DateValue
Mar 31, 2026 2.64%
Mar 31, 2026 2.64%
Dec 31, 2025 1.96%
Dec 31, 2025 1.96%
Sep 30, 2025 -7.71%
Sep 30, 2025 -7.71%
Jun 30, 2025 -1.89%
Jun 30, 2025 -1.89%
Mar 31, 2025 19.00%
Mar 31, 2025 19.00%
Dec 31, 2024 -14.53%
Dec 31, 2024 -14.53%
Sep 30, 2024 31.32%
Sep 30, 2024 31.32%
Jun 30, 2024 -0.66%
Jun 30, 2024 -0.66%
Mar 31, 2024 -0.01%
Mar 31, 2024 -0.01%
Dec 31, 2023 -6.01%
Dec 31, 2023 -6.01%