United States was Valneva SE’s largest region in fiscal 2025, bringing in $53.61M of $174.66M (31%).
| Geography | FY 2019 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|
| United Kingdom | $181.13M | $20.27M | $19.49M | $12.64M | ||
| United States | -$23.80M | $32.96M | $48.59M | $53.61M | ||
| Germany | $68.53M | $13.50M | $18.37M | $17.47M | ||
| Canada | $18.90M | $28.19M | $32.32M | $30.13M | ||
| Austria | $21.79M | $14.58M | $15.90M | $9.47M | ||
| France | $46.61M | $5.87M | $7.22M | $14.67M | ||
| Nordics | $12.04M | $12.70M | $13.94M | $13.90M | ||
| Rest Of World | $17.36M | $16.31M | $4.69M | $8.90M | ||
| Other Europe | $18.74M | $9.34M | $9.06M | $13.88M | ||
| Total | $361.30M | $153.71M | $169.58M | $174.66M |
Valneva SE brought in $174.66M from its nine regions in fiscal 2025, the year ended December 31, 2025. That was up 3.0% from $169.58M in fiscal 2024. United States was the largest at $53.61M (30.7%), ahead of Canada at $30.13M (17.2%) and Germany at $17.47M (10.0%). The other six regions brought in $73.46M combined.
Compared with fiscal 2024, France grew fastest, up 103.2% to $14.67M, while Austria fell the most, down 40.4% to $9.47M. From fiscal 2022 to 2025, combined revenue from these regions fell from $361.30M to $174.66M, a compound annual decline of 21.5%. United States' share of the total rose from 6.6% to 30.7%.
Commercialized Products was Valneva SE’s largest segment in fiscal 2020, bringing in $65.94M of $110.32M (60%).
| Segments [axis] | FY 2020 |
|---|---|
| Commercialized Products | $65.94M |
| Vaccine Candidates | $31.60M |
| Technologies & Services | $12.78M |
| Total | $110.32M |
Valneva SE brought in $110.32M from its three segments in fiscal 2020, the year ended December 31, 2020. Commercialized Products was the largest at $65.94M (59.8%), ahead of Vaccine Candidates at $31.60M (28.6%) and Technologies & Services at $12.78M (11.6%).
Valneva SE (VALN) reports its revenue by geography and by segments [axis]. In fiscal 2025, United States was its largest region, bringing in $53.61M (30.7% of the total), followed by Canada at $30.13M (17.2%).
United States was Valneva SE's largest region in fiscal 2025, bringing in $53.61M, or 30.7% of the $174.66M total across its nine regions.
Commercialized Products was Valneva SE's largest segment in fiscal 2020, bringing in $65.94M, or 59.8% of the $110.32M total across its three segments.
Among Valneva SE's regions that make up at least 2% of revenue, France grew fastest in fiscal 2025, up 103.2% from $7.22M to $14.67M.
Every figure comes from Valneva SE's annual financial filings, as reported. Each line keeps the name Valneva SE gives it, and years follow its fiscal calendar.
Valneva SE's revenue by geography goes back to fiscal 2019, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.