VALNValneva SE

$5.72-48% 1Y

Is it growing?

Mixed

Neither accelerating nor breaking down: nothing decisive, though operating margin narrowing (−76.2 points).

1 to watch, 1 neutral, 1 without data
Revenue trend+3% in a year

Trailing-twelve-month revenue vs a year earlier, from the company's own filings.

Margin direction−76.2 points operating

Trailing-twelve-month operating margin, -54.9% now against 21.3% a year earlier.

All from SEC EDGAR, as of Dec 31, 2025.

Where this answer is blind. These are trailing numbers from the filings, not forecasts: an acquisition or a one-off year can flatter them, so check the quarters.

Is VALN growing?

Valneva SE has grown revenue −22% a year over three years and 9.6% a year over five.

−22%

Revenue growth, 3-year annual rate · Biotechnology median +17% · shrinking · compounded from trailing twelve-month revenue

Revenue growth, 5-year rate
+9.6%

Revenue growth, 5-year rate · −22% over three · growth has slowed since the five-year average

Years of annual history on file
7

Years of annual history on file · FY2019 to FY2025, as filed

Details›
Revenue FY2021
$348M
Revenue FY2022
$361M
Revenue FY2023
$154M
Revenue FY2024
$170M
Revenue FY2025
$175M

Annual income statements as filed with the SEC.