Valneva SE annual operating margin
2019
2020
2021
2022
2023
2024
2025
Valneva SE Operating Margin Growth & History (VALN)
Valneva SE's operating margin was −46.98% for fiscal 2025.
View full Valneva SE company overviewValneva SE annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | −46.98% | −54.84 pp |
| 2024 | 2024-12-31 | 7.86% | +61.26 pp |
| 2023 | 2023-12-31 | −53.40% | −22.00 pp |
| 2022 | 2022-12-31 | −31.40% | −13.76 pp |
| 2021 | 2021-12-31 | −17.64% | +32.33 pp |
| 2020 | 2020-12-31 | −49.96% | −49.32 pp |
| 2019 | 2019-12-31 | −0.64% | — |
Valneva SE quarterly operating margin
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q4 2025 | 2025-12-31 | −58.96% | −19.51 pp |
| Q3 2025 | 2025-09-30 | −126.20% | −99.04 pp |
| Q2 2025 | 2025-06-30 | −22.49% | +34.12 pp |
| Q1 2025 | 2025-03-31 | −12.11% | −220.36 pp |
| Q4 2024 | 2024-12-31 | −39.45% | +20.00 pp |
| Q3 2024 | 2024-09-30 | −27.17% | +31.18 pp |
| Q2 2024 | 2024-06-30 | −56.61% | −10.90 pp |
| Q1 2024 | 2024-03-31 | 208.25% | +257.71 pp |
| Q4 2023 | 2023-12-31 | −59.45% | −8.86 pp |
| Q3 2023 | 2023-09-30 | −58.35% | −117.91 pp |
| Q2 2023 | 2023-06-30 | −45.71% | +139.21 pp |
| Q1 2023 | 2023-03-31 | −49.46% | +34.86 pp |
| Q4 2022 | 2022-12-31 | −50.58% | −113.91 pp |
| Q3 2022 | 2022-09-30 | 59.56% | +737.25 pp |
| Q2 2022 | 2022-06-30 | −184.92% | +41.68 pp |
| Q1 2022 | 2022-03-31 | −84.32% | +49.81 pp |
| Q4 2021 | 2021-12-31 | 63.33% | — |
| Q3 2021 | 2021-09-30 | −677.70% | — |
| Q2 2021 | 2021-06-30 | −226.60% | — |
| Q1 2021 | 2021-03-31 | −134.13% | — |
Valneva SE operating margin trends
Over the last five reported fiscal years, Valneva SE's operating margin increased from −49.96% to −46.98%, a change of +2.98 percentage points. The latest reported quarter, Q4 2025, shows −58.96%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Valneva SE filings at SEC.gov ↗