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

Valneva SE (VALN) posted Tax Rate of 2.56% for Q1 2026, down 230.77% sequentially from 1.96% in Q4 2025, and up 1677.0% YoY from 0.14% in Q1 2025.

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

Valneva SE has reported Tax Rate for 6 years, with the latest figure at 2.56% in Q1 2026.

Quarterly Tax Rate rose 1677.0% year-over-year to 2.56% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.3% (up 246.0% YoY) and the FY2025 annual result came in at 0.96%, up 600.0% from the prior year.
Tax Rate eased to 2.56% in Q1 2026 per VALN's latest filing, from 1.96% in the prior quarter.
Over five years, Tax Rate peaked at 4518.58% in Q4 2022 and troughed at 19.33% in Q1 2025.
A 5-year average of 468.6% and a median of 0.67% in 2023 frame the typical range for Tax Rate.
The sharpest annual moves came in 2022 and 2023: Tax Rate soared 451566 bps in 2022, then tumbled 453238 bps in 2023.
Over 5 years, Tax Rate stood at 4518.58% in 2022, then slumped by 100 bps to 13.8% in 2023, then declined by 5 bps to 14.53% in 2024, then surged by 113 bps to 1.96% in 2025, then tumbled by 231 bps to 2.56% in 2026.
According to Business Quant data, Tax Rate over the past three periods registered 2.56%, 1.96%, and 1.84% for Q1 2026, Q4 2025, and Q3 2025 respectively.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Tax Rate (Qtr)
1	Vertex Pharmaceuticals	128.13 Bn	120.28 Bn	2.84 Bn	20.98%
2	Regeneron Pharmaceuticals	112.33 Bn	104.33 Bn	3.93 Bn	15.11%
3	Argenx Se	53.24 Bn	48.05 Bn	1.41 Bn	10.91%
4	Revolution Medicines	43.64 Bn	43.64 Bn	-	-
5	BeOne Medicines	39.27 Bn	34.17 Bn	1.53 Bn	24.15%
6	MindWalk Holdings	35.32 Bn	35.31 Bn	1.82 Bn	-9.47%
7	Royalty Pharma	33.72 Bn	35.84 Bn	-	-
8	Alnylam Pharmaceuticals	30.58 Bn	27.27 Bn	992.69 Mn	7.49%
9	Insmed	27.01 Bn	25.85 Bn	358.27 Mn	-16.71%
10	Valneva SE	618.67 Mn	477.41 Mn	1.86 Mn	1.71%

Download Data