Valneva SE (VALN) Financials

Valneva SE (VALN) reported diluted earnings per share of -$0.80 for fiscal year 2025. The change from the previous fiscal year is not meaningful, because that year’s figure was zero or negative. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Valneva SE (VALN) had EBITDA of -$70.8M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

As of fiscal year 2025, Valneva SE (VALN) had $128.7M in cash and equivalents against $189.3M in long-term debt.

Valneva SE (VALN) had a gross margin of 38.7% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

Valneva SE (VALN) had an operating margin of -47.0% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

Valneva SE (VALN) had a net profit margin of -66.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Valneva SE (VALN) has a return on equity of -108.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

Valneva SE (VALN) recorded an outflow of $67.3M in free cash flow during fiscal year 2025. The change from the previous fiscal year is not meaningful, because that year’s figure was zero or negative. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

Valneva SE (VALN) recorded an outflow of $62.1M in operating cash flow during fiscal year 2025, representing cash used by core business activities.

Valneva SE (VALN) had $468.1M in total assets as of fiscal year 2025, including both current and long-term assets.

Valneva SE (VALN) invested $5.2M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Valneva SE (VALN) invested $100.1M in research and development during fiscal year 2025.

Valneva SE (VALN) had 174M shares outstanding as of fiscal year 2025.

Valneva SE (VALN) had a current ratio of 2.38 as of fiscal year 2025, which is generally considered healthy.

Valneva SE (VALN) had a debt-to-equity ratio of 1.52 as of fiscal year 2025. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.

Valneva SE (VALN) had a liabilities-to-equity ratio of 2.76 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.

Valneva SE (VALN) had a return on assets of -28.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Valneva SE (VALN) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2025). The market capitalization is $528.2M as of Oct 27, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

Valneva SE (VALN) trades at 2.6x sales, its market capitalization divided by $205.0M revenue, FY2025. The market capitalization is $528.2M as of Oct 27, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

Valneva SE (VALN) has a Piotroski F-Score of 2 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Valneva SE (VALN) reported a net loss of $135.2M while operations used $62.1M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Valneva SE (VALN) reported an operating loss of $96.3M against $49.2M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

Valneva SE (VALN) scores 63 out of 100 on our Financial Health Score, indicating moderate standing within its emerging companies peer group. The score is the average of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. For Valneva SE it averages the 4 of 6 dimensions that can be computed; the others are left out rather than counted as zero. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.