Valens Semiconductor (VLN) Operating Expenses (2020 - 2026)
Valens Semiconductor's (VLN) quarterly Operating Expenses came in at -$19.1 million in Q2 2026, down 4.72% on a YoY basis from -$20.0 million in Q2 2025, and up 1.75% quarter-over-quarter from -$19.4 million in Q1 2026.
Analysis
Valens Semiconductor (VLN) Operating Expenses (2020 - 2026) Analysis & Trends
Valens Semiconductor (VLN) has reported Operating Expenses for 7 consecutive years, with -$19.1 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses fell 4.72% year-over-year to -$19.1 million; the trailing twelve-month figure through Jun 2026 stood at -$78.4 million (changed 0.47% YoY), and the FY2025 full-year result was -$78.1 million, down 3.33% from the prior year.
- Operating Expenses improved to -$19.1 million in Q2 2026 per VLN's latest filing, from -$19.4 million in the prior quarter.
- Across five years, Operating Expenses topped out at -$15.3 million in Q4 2023 and bottomed at -$24.1 million in Q4 2022.
- Historically, Operating Expenses has averaged -$20.2 million across 5 years, with a median of -$20.1 million in 2023.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses sank 44.31% in 2022, then jumped 36.75% in 2023.
- Over 5 years, Operating Expenses stood at -$24.1 million in 2022, then surged by 36.75% to -$15.3 million in 2023, then declined by 21.1% to -$18.5 million in 2024, then decreased by 13.18% to -$20.9 million in 2025, then rose by 8.77% to -$19.1 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered -$19.1 million, -$19.4 million, and -$20.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,260.79 Bn | 5,195.56 Bn | 72.14 Bn | 8.41 Bn |
| 2 | Broadcom | 1,728.14 Bn | 1,704.17 Bn | 20.46 Bn | 4.50 Bn |
| 3 | Advanced Micro Devices | 842.32 Bn | 829.21 Bn | 6.20 Bn | 4.21 Bn |
| 4 | Arm Holdings | 280.94 Bn | 277.05 Bn | 1.25 Bn | -1.16 Bn |
| 5 | Marvell Technology | 207.04 Bn | 203.10 Bn | 1.46 Bn | 995.90 Mn |
| 6 | Qualcomm | 192.34 Bn | 184.04 Bn | 5.28 Bn | 8.32 Bn |
| 7 | Monolithic Power Systems | 60.66 Bn | 59.25 Bn | 541.07 Mn | 237.18 Mn |
| 8 | Astera Labs | 50.52 Bn | 49.27 Bn | 287.57 Mn | 198.32 Mn |
| 9 | Credo Technology Group Holding | 30.60 Bn | 29.83 Bn | 309.08 Mn | 188.38 Mn |
| 10 | Valens Semiconductor | 170.03 Mn | 86.60 Mn | 11.14 Mn | -19.09 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -19.09 Mn |
| Mar 31, 2026 | -19.43 Mn |
| Dec 31, 2025 | -20.92 Mn |
| Sep 30, 2025 | -18.96 Mn |
| Jun 30, 2025 | -18.22 Mn |
| Mar 31, 2025 | -20.04 Mn |
| Dec 31, 2024 | -18.48 Mn |
| Sep 30, 2024 | -21.28 Mn |
| Jun 30, 2024 | -17.75 Mn |
| Mar 31, 2024 | -18.10 Mn |
| Dec 31, 2023 | -15.26 Mn |
| Sep 30, 2023 | -21.28 Mn |
| Jun 30, 2023 | -20.12 Mn |
| Mar 31, 2023 | -22.85 Mn |
| Dec 31, 2022 | -24.13 Mn |
| Sep 30, 2022 | -21.28 Mn |
| Jun 30, 2022 | -23.72 Mn |
| Mar 31, 2022 | -22.64 Mn |
| Dec 31, 2021 | -23.39 Mn |
| Sep 30, 2021 | -22.02 Mn |