VALENS SEMICONDUCTOR WTS (VLNWF) Financials
Newest figures come from the 10-K 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 VLNWF SEC filings page.
VALENS SEMICONDUCTOR WTS (VLNWF) 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).
Financial Health Signals
VALENS SEMICONDUCTOR WTS does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
VALENS SEMICONDUCTOR WTS 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.
VALENS SEMICONDUCTOR WTS 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
Earnings & Revenue
VALENS SEMICONDUCTOR WTS 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%.
VALENS SEMICONDUCTOR WTS'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%.
VALENS SEMICONDUCTOR WTS 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%.
VALENS SEMICONDUCTOR WTS 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
VALENS SEMICONDUCTOR WTS 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%.
VALENS SEMICONDUCTOR WTS held $27.9M in cash as of Q4 2025; long-term debt is not reported for that period.
Not reported for Q4 2025.
Margins & Returns
VALENS SEMICONDUCTOR WTS'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.
VALENS SEMICONDUCTOR WTS'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.
VALENS SEMICONDUCTOR WTS'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.
VALENS SEMICONDUCTOR WTS'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
VALENS SEMICONDUCTOR WTS 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%.
VALENS SEMICONDUCTOR WTS 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%.
VALENS SEMICONDUCTOR WTS 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%.
VLNWF 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.
| Metric | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'2410-Q | Q1'2410-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/A | 101M-4.4% | 104M-1.5% | 105M+1.2% | N/A | 106M+3.8% | 105M+3.3% | 104M |
Not reported in any period shown, so not listed: Interest Expense.
VLNWF 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.
| Metric | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'2410-Q | Q1'2410-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 | $1.8M | N/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.
VLNWF 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.
| Metric | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'2410-Q | Q1'2410-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 Compensation | N/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 | $9.6M | N/A | N/A | N/A | N/A |
Not reported in any period shown, so not listed: Dividends Paid.
VLNWF 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.
| Metric | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 60.5%+0.1pp | 63.0%+6.6pp | 63.5%+2.1pp | 62.9%+3.9pp | 60.4% | 56.4%-2.5pp | 61.4%-0.4pp | 59.0% |
| 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%-2.6pp | N/A |
| Current Ratio | 5.17-2.4x | 5.68-2.5x | 5.97-3.7x | 8.10 | 7.57-3.4x | 8.20 | 9.71-0.9x | N/A |
| Debt-to-Equity | 0.28+0.1x | 0.26+0.1x | 0.24+0.1x | 0.20 | 0.21+0.1x | 0.17 | 0.140.0x | N/A |
| Asset Turnover | 0.140.0x | 0.130.0x | 0.120.0x | 0.11 | 0.10 | 0.09 | 0.08-0.1x | N/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% |
Where VALENS SEMICONDUCTOR WTS Ranks
Frequently Asked Questions
What is VALENS SEMICONDUCTOR WTS's annual revenue?
VALENS SEMICONDUCTOR WTS (VLNWF) 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 WTS's revenue growing?
VALENS SEMICONDUCTOR WTS (VLNWF) revenue grew by 22.1% year-over-year, from $57.9M to $70.6M in fiscal year 2025.
Is VALENS SEMICONDUCTOR WTS profitable?
No, VALENS SEMICONDUCTOR WTS (VLNWF) reported a net income of -$31.6M in fiscal year 2025, with a net profit margin of -44.7%.
What is VALENS SEMICONDUCTOR WTS's EBITDA?
VALENS SEMICONDUCTOR WTS (VLNWF) had EBITDA of -$31.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is VALENS SEMICONDUCTOR WTS's gross margin?
VALENS SEMICONDUCTOR WTS (VLNWF) had a gross margin of 62.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is VALENS SEMICONDUCTOR WTS's operating margin?
VALENS SEMICONDUCTOR WTS (VLNWF) had an operating margin of -48.2% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is VALENS SEMICONDUCTOR WTS's net profit margin?
VALENS SEMICONDUCTOR WTS (VLNWF) had a net profit margin of -44.7% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is VALENS SEMICONDUCTOR WTS's return on equity (ROE)?
VALENS SEMICONDUCTOR WTS (VLNWF) has a return on equity of -30.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is VALENS SEMICONDUCTOR WTS's free cash flow?
VALENS SEMICONDUCTOR WTS (VLNWF) 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.
What is VALENS SEMICONDUCTOR WTS's operating cash flow?
VALENS SEMICONDUCTOR WTS (VLNWF) recorded an outflow of $12.7M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are VALENS SEMICONDUCTOR WTS's total assets?
VALENS SEMICONDUCTOR WTS (VLNWF) had $134.7M in total assets as of fiscal year 2025, including both current and long-term assets.
What are VALENS SEMICONDUCTOR WTS's capital expenditures?
VALENS SEMICONDUCTOR WTS (VLNWF) invested $1.1M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does VALENS SEMICONDUCTOR WTS spend on research and development?
VALENS SEMICONDUCTOR WTS (VLNWF) invested $42.7M in research and development during fiscal year 2025.
What is VALENS SEMICONDUCTOR WTS's current ratio?
VALENS SEMICONDUCTOR WTS (VLNWF) had a current ratio of 5.17 as of fiscal year 2025, which is generally considered healthy.
What is VALENS SEMICONDUCTOR WTS's debt-to-equity ratio?
VALENS SEMICONDUCTOR WTS (VLNWF) 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.
What is VALENS SEMICONDUCTOR WTS's return on assets (ROA)?
VALENS SEMICONDUCTOR WTS (VLNWF) had a return on assets of -23.4% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is VALENS SEMICONDUCTOR WTS's Piotroski F-Score?
VALENS SEMICONDUCTOR WTS (VLNWF) 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.
Are VALENS SEMICONDUCTOR WTS's earnings high quality?
VALENS SEMICONDUCTOR WTS (VLNWF) 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.