Valens Semiconductor Operating Expenses Growth & History (VLN)
Valens Semiconductor's operating expenses was $78.1M for fiscal 2025.
View full Valens Semiconductor company overviewValens Semiconductor annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $78.1M | $2.5M | +3.33% |
| 2024 | 2024-12-31 | $75.6M | −$3.9M | −4.89% |
| 2023 | 2023-12-31 | $79.5M | −$12.3M | −13.35% |
| 2022 | 2022-12-31 | $91.8M | $14.1M | +18.18% |
| 2021 | 2021-12-31 | $77.6M | $11.4M | +17.17% |
| 2020 | 2020-12-31 | $66.3M | −$9.2M | −12.16% |
| 2019 | 2019-12-31 | $75.4M | — | — |
Valens Semiconductor quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $19.1M | $861,000 | +4.72% |
| Q1 2026 | 2026-03-31 | $19.7M | −$331,000 | −1.65% |
| Q4 2025 | 2025-12-31 | $20.9M | $2.4M | +13.18% |
| Q3 2025 | 2025-09-30 | $19.0M | −$2.3M | −10.90% |
| Q2 2025 | 2025-06-30 | $18.2M | $470,000 | +2.65% |
| Q1 2025 | 2025-03-31 | $20.0M | $1.9M | +10.68% |
| Q4 2024 | 2024-12-31 | $18.5M | — | — |
| Q3 2024 | 2024-09-30 | $21.3M | $1,000 | +0.00% |
| Q2 2024 | 2024-06-30 | $17.8M | −$2.4M | −11.75% |
| Q1 2024 | 2024-03-31 | $18.1M | — | — |
| Q3 2023 | 2023-09-30 | $21.3M | — | — |
| Q2 2023 | 2023-06-30 | $20.1M | −$3.6M | −15.18% |
| Q2 2022 | 2022-06-30 | $23.7M | $7.2M | +43.36% |
| Q2 2021 | 2021-06-30 | $16.5M | — | — |
Valens Semiconductor operating expenses trends
Over the last five fiscal years, Valens Semiconductor's operating expenses increased from $66.3M to $78.1M, a change of $11.9M. The latest reported quarter, Q2 2026, shows $19.1M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Valens Semiconductor source filings ↗