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Valens Semiconductor Ltd. (VLN) Financials

VLN
FY2025 annual
Revenue $70.6M +22.1% YoY
Net Income -$31.6M +13.7% YoY
EPS (Diluted) -$0.31 +11.4% YoY
Free Cash Flow -$13.8M -1525.9% YoY
Market Cap $179.7M as of Sep 12, 2026
Price / Sales 2.5x on $70.6M revenue, FY2025
Price / Earnings n/m net loss, so no earnings multiple, FY2025
Price / Book 1.7x on $105.0M equity, Q4 FY2025

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 12, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period FY2025, ended Dec 31, 2025 Reported Currency USD FYE December

Newest figures come from the 20-F for FY2025, filed Feb 25, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the VLN SEC filings page.

Valens Semiconductor Ltd. (VLN) reported $70.6M in revenue for fiscal year 2025, up 22.1% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 7 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI VLN FY2025

Revenue recovery is being absorbed by an R&D-heavy cost base, leaving cash conversion and operating losses unresolved.

Revenue recovered to $70.6M in FY2025 while gross margin reached 62.4%, but the rebound still did not translate into operating profitability. With R&D at 60.4% of revenue, the constraint sits below gross profit: development spending remains large enough to absorb the margin generated by sales.

FY2024 paired a net loss of $36.6M with operating cash flow of $1.0M, so reported earnings understated near-term cash use. That relationship reversed in FY2025: operating cash flow was -$12.7M and free cash flow was -$13.8M, showing cash conversion is not yet dependable.

Debt-to-equity rose from 0.2x in FY2024 to 0.3x in FY2025 as equity declined, indicating a more leveraged balance-sheet posture. The reported liquidity comparison was 87.4 months and the current ratio was 5.2x, indicating substantial short-term resources relative to near-term obligations despite that leverage shift.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Cash Runway Dilution R&DIntensity Revenue Progress BurnTrend BalanceSheet 59 / 100
Financial Health Score 59/100
Scored as: Emerging companies peer group

Scored against emerging companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Valens Semiconductor Ltd.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Cash Runway
74

Valens Semiconductor Ltd. held $92.6M in cash, cash equivalents and investments at the end of fiscal year 2025, and its operations used $12.7M of cash that year. Cash Runway ranks emerging companies on the size of that balance against the outflow behind it, and Valens Semiconductor Ltd. scores 74/100 among other emerging companies.

Dilution
75

Valens Semiconductor Ltd. had 103M shares outstanding at the end of fiscal year 2025, against 106M in fiscal year 2024. Dilution ranks emerging companies on how fast that count has grown over three years, where a slower rise is the better one, and Valens Semiconductor Ltd. scores 75/100 among other emerging companies.

R&D Intensity
71

Valens Semiconductor Ltd. spent $42.7M on research and development in fiscal year 2025, which was 40.7% of its operating costs that year. R&D Intensity ranks emerging companies on the share of operating costs that goes into research, and Valens Semiconductor Ltd. scores 71/100 among other emerging companies.

Revenue Progress
33

Valens Semiconductor Ltd. reported revenue of $70.6M in fiscal year 2025, against $57.9M in fiscal year 2024. Revenue Progress ranks emerging companies on the three-year path of that line, and Valens Semiconductor Ltd. scores 33/100 among other emerging companies.

Burn Trend
19

Valens Semiconductor Ltd.'s operations used $12.7M of cash in fiscal year 2025, against $1.0M generated in fiscal year 2024. Burn Trend ranks emerging companies on which way that figure has moved over three years, and Valens Semiconductor Ltd. scores 19/100 among other emerging companies.

Balance Sheet
83

Valens Semiconductor Ltd.'s cash, cash equivalents and investments came to $92.6M at the end of fiscal year 2025, against $29.7M of total liabilities. Balance Sheet ranks emerging companies on that comparison, and Valens Semiconductor Ltd. scores 83/100 among other emerging companies.

Altman Z-Score Distress
1.62

Valens Semiconductor Ltd. scores 1.62, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($179.7M) relative to total liabilities ($29.7M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial
4/8

Valens Semiconductor Ltd. passes 4 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 1 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality No Cash Backing
N/A

Valens Semiconductor Ltd. reported a net loss of $31.6M while operations used $12.7M of cash. With neither figure positive, the ratio between the two carries no quality signal.

Key Financial Metrics

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Earnings & Revenue

Revenue
$19.4M
YoY+16.4%
QoQ+11.9%

Valens Semiconductor Ltd. generated $19.4M in revenue in Q4 2025. This represents an increase of 16.4% from the same quarter a year earlier. Against the prior quarter it is up 11.9%.

EBITDA
-$8.5M
YoY-11.0%
QoQ-16.0%

Valens Semiconductor Ltd.'s EBITDA was -$8.5M in Q4 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 11.0% from the same quarter a year earlier. Against the prior quarter it is down 16.0%.

Net Income
-$8.8M
YoY-19.9%
QoQ-19.8%

Valens Semiconductor Ltd. reported -$8.8M in net income in Q4 2025. This represents a decrease of 19.9% from the same quarter a year earlier. Against the prior quarter it is down 19.8%.

EPS (Diluted)
-$0.09
YoY-28.6%
QoQ-28.6%

Valens Semiconductor Ltd. earned -$0.09 per diluted share (EPS) in Q4 2025. This represents a decrease of 28.6% from the same quarter a year earlier. Against the prior quarter it is down 28.6%.

Cash & Balance Sheet

Free Cash Flow
-$547K
YoY+54.8%
QoQ+88.9%

Valens Semiconductor Ltd. recorded an outflow of $547K in free cash flow in Q4 2025, representing a cash shortfall after capex. This represents an increase of 54.8% from the same quarter a year earlier. Against the prior quarter it is up 88.9%.

Cash & Debt
$27.9M
YoY-21.3%
QoQ-11.8%

Valens Semiconductor Ltd. held $27.9M in cash as of Q4 2025; long-term debt is not reported for that period.

Shares Outstanding
103M
YoY-3.1%
QoQ0.0%

Valens Semiconductor Ltd. had 103M shares outstanding in Q4 2025. This represents a decrease of 3.1% from the same quarter a year earlier. It is unchanged from the prior quarter.

Dividends Per Share

Not reported for Q4 2025.

Margins & Returns

Gross Margin
60.5%
YoY+0.1pp
QoQ-2.5pp

Valens Semiconductor Ltd.'s gross margin was 60.5% in Q4 2025, indicating the percentage of revenue retained after direct costs. This is up 0.1 percentage points from the same quarter a year earlier. Against the prior quarter it is down 2.5 percentage points.

Operating Margin
-47.3%
YoY+3.2pp
QoQ-0.9pp

Valens Semiconductor Ltd.'s operating margin was -47.3% in Q4 2025, reflecting core business profitability. This is up 3.2 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.9 percentage points.

Net Margin
-45.2%
YoY-1.3pp
QoQ-3.0pp

Valens Semiconductor Ltd.'s net profit margin was -45.2% in Q4 2025, showing the share of revenue converted to profit. This is down 1.3 percentage points from the same quarter a year earlier. Against the prior quarter it is down 3.0 percentage points.

Return on Equity
-8.4%
YoY-3.2pp
QoQ-1.6pp

Valens Semiconductor Ltd.'s ROE was -8.4% in Q4 2025, measuring profit generated per dollar of shareholder equity. This is down 3.2 percentage points from the same quarter a year earlier. Against the prior quarter it is down 1.6 percentage points.

Capital Allocation

R&D Spending
$11.1M
YoY+10.0%
QoQ+2.4%

Valens Semiconductor Ltd. invested $11.1M in research and development in Q4 2025. This represents an increase of 10.0% from the same quarter a year earlier. Against the prior quarter it is up 2.4%.

Share Buybacks
$597K
QoQ-83.6%

Valens Semiconductor Ltd. spent $597K on share buybacks in Q4 2025, returning capital to shareholders by reducing shares outstanding. Against the prior quarter it is down 83.6%.

Capital Expenditures
$252K
YoY-71.4%
QoQ-10.3%

Valens Semiconductor Ltd. invested $252K in capex in Q4 2025, funding long-term assets and infrastructure. This represents a decrease of 71.4% from the same quarter a year earlier. Against the prior quarter it is down 10.3%.

VLN Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

VLN quarterly income statement
MetricQ4'2520-FQ3'256-KQ2'256-KQ1'2510-QQ4'2420-FQ3'246-KQ2'246-KQ1'2410-Q
Revenue$19.4M+16.4%$17.3M+8.1%$17.1M+25.5%$16.8M+45.6%$16.7M$16.0M+13.2%$13.6M-43.8%$11.6M
Cost of Revenue$7.7M+16.2%$6.4M-8.3%$6.2M+18.5%$6.2M+31.7%$6.6M$7.0M+20.0%$5.3M-43.2%$4.7M
Gross Profit$11.7M+16.6%$10.9M+20.8%$10.8M+29.9%$10.6M+55.3%$10.1M$9.0M+8.5%$8.3M-44.1%$6.8M
R&D Expenses$11.1M+10.0%$10.8M+4.8%$10.2M+2.4%$10.6M+4.4%$10.1M$10.3M-23.2%$10.0M-18.1%$10.1M
SG&A Expenses$4.7M+96.6%$2.2M-62.0%$3.7M+8.8%$3.7M-24.5%$2.4M$5.8M+51.6%$3.4M-8.2%$4.9M
Operating Income-$9.2M-9.1%-$8.0M+34.3%-$7.4M+21.5%-$9.5M+16.2%-$8.4M-$12.2M+5.5%-$9.4M-81.6%-$11.3M
EBITDA-$8.5M-11.0%-$7.3M+36.1%-$6.6M+25.8%-$8.7M+19.8%-$7.6M-$11.4M+9.0%-$8.9M-87.3%-$10.8M
Income Tax$30K-31.8%$14K0.0%$21K0.0%$93K+447.1%$44K$14K-12.5%$21K-19.2%$17K
Net Income-$8.8M-19.9%-$7.3M+29.3%-$7.2M+19.0%-$8.3M+17.3%-$7.3M-$10.4M+17.1%-$8.9M-93.6%-$10.0M
EPS (Basic)-$0.09-28.6%-$0.07+30.0%-$0.07+12.5%-$0.08+20.0%-$0.07-333.3%-$0.10+16.7%-$0.08-60.0%-$0.10
EPS (Diluted)-$0.09-28.6%-$0.07+30.0%-$0.07+12.5%-$0.08+20.0%-$0.07-333.3%-$0.10+16.7%-$0.08-60.0%-$0.10
Diluted Shares (Avg)N/A101M-4.4%104M-1.5%105M+1.2%N/A106M+3.8%105M+3.3%104M

Not reported in any period shown, so not listed: Interest Expense.

VLN Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

VLN quarterly balance sheet
MetricQ4'2520-FQ3'256-KQ2'256-KQ1'2510-QQ4'2420-FQ3'246-KQ2'246-KQ1'2410-Q
Total Assets$134.7M-21.8%$136.7M-20.5%$144.8M-17.6%$154.6M$172.2M-4.7%$171.9M$175.8M-4.6%N/A
Current Assets$118.7M-22.9%$120.0M-22.6%$127.3M-19.8%$136.7M$153.9M-11.9%$155.1M$158.7M-10.6%N/A
Cash & Equivalents$27.9M-21.3%$31.6M-10.9%$46.6M+88.6%$41.0M+16.8%$35.4M+105.2%$35.4M+216.9%$24.7M+15.4%$35.1M
Short-Term Investments$64.7M-32.2%$62.0M-36.6%$56.1M-47.0%$71.5M$95.5M-23.4%$97.7M$105.9M-9.2%$0
Inventory$10.1M-0.4%$11.0M-6.5%$11.5M-18.3%$10.9M$10.2M-26.6%$11.7M$14.1M-26.0%N/A
Accounts Receivable$10.0M+28.6%$9.9M+37.1%$8.1M-18.8%$9.6M$7.8M-47.1%$7.2M$10.0M-37.6%N/A
Long-Term Investments$0$0$0$0$0$0$0$0
Goodwill$1.8M0.0%$1.8M0.0%$1.8M0.0%$1.8M$1.8M$1.8M$1.8MN/A
Total Liabilities$29.7M+0.9%$27.9M+11.9%$28.3M+27.1%$26.0M$29.5M+81.3%$24.9M$22.3M+23.3%N/A
Current Liabilities$22.9M+12.8%$21.1M+11.8%$21.3M+30.5%$16.9M$20.3M+27.6%$18.9M$16.3M-2.3%N/A
Non-Current Liabilities$6.8M-25.8%$6.7M+12.2%$7.0M+17.7%$9.1M$9.1M+2729.1%$6.0M$5.9M+343.8%N/A
Total Equity$105.0M-26.4%$108.8M-26.0%$116.5M-24.1%$128.6M-18.7%$142.7M-13.2%$147.0M-6.8%$153.5M-7.7%$158.2M
Retained Earnings-$245.5M-14.8%-$236.7M-14.6%-$229.4M-16.9%-$222.2M-$213.9M-20.6%-$206.6M-$196.2M-17.1%N/A

Not reported in any period shown, so not listed: Long-Term Debt.

VLN Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

VLN quarterly cash flow statement
MetricQ4'2520-FQ3'256-KQ2'256-KQ1'2510-QQ4'2420-FQ3'246-KQ2'246-KQ1'2410-Q
Operating Cash Flow-$295K+10.6%-$4.7M-257.3%-$211K+6.2%-$7.6M-447.6%-$330K+92.0%$3.0M-51.3%-$225K-162.8%-$1.4M
Depreciation & Amortization$709K-10.0%$743K-9.7%$758K+58.2%$770K+68.9%$788K+79.5%$823K+105.8%$479K+15.7%$456K
Stock-Based CompensationN/A$3.7M-0.8%$3.8M+1.1%$4.2M+10.7%N/A$3.8M+1.4%$3.7M-6.3%$3.8M
Capital Expenditures$252K-71.4%$281K-61.1%$119K-49.4%$357K+1090.0%$880K+923.3%$722K+301.1%$235K-69.8%$30K
Free Cash Flow-$547K+54.8%-$4.9M-320.5%-$330K+28.3%-$8.0M-461.1%-$1.2M+71.3%$2.2M-62.1%-$460K-9.8%-$1.4M
Investing Cash Flow-$4.4M-646.1%-$5.7M-168.9%$15.5M+250.0%$22.7M+18.5%$812K-91.0%$8.2M+149.6%-$10.4M-284.7%$19.1M
Financing Cash Flow-$154K+81.8%-$3.6M-6451.8%-$10.0M-2056.7%-$9.4M-7557.9%-$847K-463.5%$56K-79.9%$510K+779.3%$126K
Share Buybacks$597K$3.6M$10.2M$9.6MN/AN/AN/AN/A

Not reported in any period shown, so not listed: Dividends Paid.

VLN Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

VLN quarterly financial ratios
MetricQ4'2520-FQ3'256-KQ2'256-KQ1'2510-QQ4'2420-FQ3'246-KQ2'246-KQ1'2410-Q
Gross Margin60.5%+0.1pp63.0%+6.6pp63.5%+2.1pp62.9%+3.9pp60.4%56.4%-2.5pp61.4%-0.4pp59.0%
Operating Margin-47.3%+3.2pp-46.4%+29.9pp-43.3%+25.9pp-56.2%+41.5pp-50.5%-76.3%+15.1pp-69.2%-47.8pp-97.7%
Net Margin-45.2%-1.3pp-42.2%+22.3pp-42.1%+23.1pp-49.4%+37.5pp-43.9%-64.6%+23.6pp-65.2%-46.3pp-86.9%
Return on Equity-8.4%-3.2pp-6.7%+0.3pp-6.2%-0.4pp-6.5%-0.1pp-5.1%-7.0%+0.9pp-5.8%-3.0pp-6.3%
Return on Assets-6.5%-2.3pp-5.4%+0.7pp-5.0%+0.1pp-5.4%-4.3%-6.0%-5.1%-2.6ppN/A
Current Ratio5.17-2.4x5.68-2.5x5.97-3.7x8.107.57-3.4x8.209.71-0.9xN/A
Debt-to-Equity0.28+0.1x0.26+0.1x0.24+0.1x0.200.21+0.1x0.170.140.0xN/A
Asset Turnover0.140.0x0.130.0x0.120.0x0.110.100.090.08-0.1xN/A
FCF Margin-2.8%+4.4pp-28.5%-42.5pp-1.9%+1.4pp-47.3%-35.1pp-7.3%14.0%-27.7pp-3.4%-1.6pp-12.3%

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company Fiscal year Revenue Net income Net margin Market cap Health score
Valens Semiconductor Ltd. VLN FY2025 $70.6M -$31.6M -44.7% $179.7M 59/100
Everspin Technologies, Inc MRAM FY2025 $55.2M -$586K -1.1% $395.0M 48/100
Aeluma, Inc. ALMU FY2025 $4.7M -$3.0M -64.8% $245.5M 68/100
Sequans Communications S.A. American SQNS FY2025 $33.6M -$41.0M N/A $42.9M 15/100
Wolfspeed, Inc. WOLF FY2025 $757.6M -$1.6B N/A $1.3B 27/100
Nano Labs Ltd NA FY2025 $3.8M $19.3M N/A $54.6M 21/100

Frequently Asked Questions

What is Valens Semiconductor Ltd.'s annual revenue?

Valens Semiconductor Ltd. (VLN) reported $70.6M in total revenue for fiscal year 2025. This represents a 22.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Valens Semiconductor Ltd.'s revenue growing?

Valens Semiconductor Ltd. (VLN) revenue grew by 22.1% year-over-year, from $57.9M to $70.6M in fiscal year 2025.

Is Valens Semiconductor Ltd. profitable?

No, Valens Semiconductor Ltd. (VLN) reported a net income of -$31.6M in fiscal year 2025, with a net profit margin of -44.7%.

Valens Semiconductor Ltd. (VLN) reported diluted earnings per share of -$0.31 for fiscal year 2025. This represents a 11.4% change compared to the previous fiscal year. 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.

Valens Semiconductor Ltd. (VLN) had EBITDA of -$31.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

Valens Semiconductor Ltd. (VLN) had a gross margin of 62.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

Valens Semiconductor Ltd. (VLN) had an operating margin of -48.2% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

Valens Semiconductor Ltd. (VLN) had a net profit margin of -44.7% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Valens Semiconductor Ltd. (VLN) has a return on equity of -30.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

Valens Semiconductor Ltd. (VLN) recorded an outflow of $13.8M in free cash flow during fiscal year 2025. This represents a -1525.9% change compared to the previous fiscal year. 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.

Valens Semiconductor Ltd. (VLN) recorded an outflow of $12.7M in operating cash flow during fiscal year 2025, representing cash used by core business activities.

Valens Semiconductor Ltd. (VLN) had $134.7M in total assets as of fiscal year 2025, including both current and long-term assets.

Valens Semiconductor Ltd. (VLN) invested $1.1M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Valens Semiconductor Ltd. (VLN) invested $42.7M in research and development during fiscal year 2025.

Yes, Valens Semiconductor Ltd. (VLN) spent $24.0M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

Valens Semiconductor Ltd. (VLN) had 103M shares outstanding as of fiscal year 2025.

Valens Semiconductor Ltd. (VLN) had a current ratio of 5.17 as of fiscal year 2025, which is generally considered healthy.

Valens Semiconductor Ltd. (VLN) had a debt-to-equity ratio of 0.28 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Valens Semiconductor Ltd. (VLN) had a return on assets of -23.4% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Valens Semiconductor Ltd. (VLN) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2025). The market capitalization is $179.7M as of Sep 12, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

Valens Semiconductor Ltd. (VLN) trades at 2.5x sales, its market capitalization divided by revenue of $70.6M revenue, FY2025. The market capitalization is $179.7M as of Sep 12, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

At the end of fiscal year 2025, Valens Semiconductor Ltd. (VLN) held $92.6M in cash, cash equivalents and investments, and reported an operating cash outflow of $12.7M over that year. Dividing the one by the other, the reported balance equals about 87 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.

Valens Semiconductor Ltd. (VLN) has an Altman Z-Score of 1.62, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

Valens Semiconductor Ltd. (VLN) has a Piotroski F-Score of 4 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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.

Valens Semiconductor Ltd. (VLN) reported a net loss of $31.6M while operations used $12.7M 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.

Valens Semiconductor Ltd. (VLN) scores 59 out of 100 on our Financial Health Score, indicating moderate standing within its emerging companies peer group. The score is a 0-100 composite 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. 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.

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