NYSE$VLN
Valens Semiconductor Ltd · Q4 2025 earnings
Q4 2025 earnings · · Before market open · Investor relations
Briefing
Valens Semiconductor reported its fourth quarter 2025 financial results, exceeding revenue and gross margin guidance despite a net loss.
Valens Semiconductor achieved its seventh consecutive quarter of revenue growth, reaching $19.4 million in Q4 2025. While the company exceeded its own guidance for revenue and gross margin, it reported a GAAP net loss of $8.8 million. Management is focusing on core Audio-Video and Automotive markets while implementing an efficiency plan to reduce operating expenses in 2026.
- Q4 2025 revenues of $19.4 million exceeded the top end of the company's guidance range.
- GAAP gross margin reached 60.5%, also surpassing guidance, driven by cost optimization in the Automotive segment.
- The company maintained a strong liquidity position with $92.6 million in cash and no debt as of year-end.
- An operational efficiency plan was launched in early 2026, expected to save approximately $5 million in annual operating expenses.
Headline financials
Revenue & EPS history
Valens · Revenue · Quarterly
$19.4M
Revenue by segment
Valens · $16.9M total across 2 segments · Q1 2026
- Cross-Industry Business$11M—65.1%
- Automotive$5.9M—34.9%
Forward guidance
Valens expects continued growth in 2026 but warns of macroeconomic uncertainty and reduced visibility.
Tailwinds
- Full year 2026 revenue growth projected at 8% at the midpoint.
- Operational efficiency plan expected to save $5 million annually.
- Fourth MIPI A-PHY design win with a premium carmaker.
- Unveiling of the market's first production-ready MIPI A-PHY-enabled e-mirror.
- Strong cash position with no debt to support core business focus.
Headwinds
- Q1 2026 revenue guidance ($16.3M-$16.7M) is lower than Q4 2025 results.
- Q1 2026 gross margin expected to compress to 57%-59%.
- Macroeconomic conditions may affect the pace and extent of growth.
- Reduced visibility beyond the near term.
- Gradual price erosion and reduced unit sales to Mercedes Benz impacting Automotive segment.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 15 quarterly earnings reports · overlaid with Q4 2025
-2.6%
Avg return
Earnings day
-4.5%
Avg return
5 days after
-8.3%
Avg return
30 days after
18%
3 / 17 earnings
Positive
+8.9%
Q1 2026
Best reaction
-12.8%
Q2 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2025 | +0.0% | +5.2% | — | |
| Q1 2026 | +8.9% | +5.2% | — | |
| Q3 2025 | -5.6% | -13.3% | -11.7% | |
| Q2 2025 | -12.8% | -8.4% | -16.4% | |
| Q1 2025 | -4.9% | -10.8% | -20.9% | |
| Q4 2023 | -5.1% | -2.1% | -0.4% | |
| Q3 2023 | -1.4% | -3.7% | +9.3% | |
| Q2 2023 | +1.6% | +0.4% | +0.8% | |
| Q1 2023 | -0.4% | -2.8% | -6.0% | |
| Q4 2022 | -0.9% | -10.2% | -30.8% | |
| Q3 2022 | +2.1% | -3.1% | +29.7% | |
| Q2 2021 | -5.1% | -10.9% | -16.3% | |
| Q2 2022 | +0.0% | -0.3% | +13.7% | |
| Q1 2022 | -2.7% | +11.7% | -3.9% | |
| Q4 2021 | -5.3% | -12.6% | -20.4% | |
| Q4 2020 | -5.3% | -12.6% | -20.4% | |
| Q3 2021 | -6.9% | -7.3% | -30.0% | |
| Q1 2021 | — | — | — | |
| Q3 2020 | — | — | — | |
| Q2 2020 | — | — | — | |
| Q1 2020 | — | — | — |
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