Valneva SE (EPA:VLA)
France · Delayed Price · Currency is EUR 2.212
+0.064 (2.98%)
Aug 3, 2026, 2:05 PM CET
Valneva SE Cash Flow Statement
Financials in millions EUR. Fiscal year is January - December.
Millions EUR. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | -138.03 | -115.19 | -12.25 | -101.43 | -143.28 | -73.43 |
Depreciation & Amortization | 18.85 | 18.85 | 16.63 | 17.58 | - | 14.28 |
Other Amortization | 2.9 | 2.9 | 2.96 | - | - | - |
Loss (Gain) From Sale of Assets | 0.43 | 0.43 | -0.27 | 0.57 | 0.04 | 0.05 |
Asset Writedown & Restructuring Costs | 0.9 | 0.9 | - | -0.73 | 23.25 | - |
Loss (Gain) From Sale of Investments | -0.84 | -0.84 | - | - | - | - |
Loss (Gain) on Equity Investments | - | - | - | - | -0.01 | 0.01 |
Stock-Based Compensation | 10.94 | 10.94 | 6.38 | 3.45 | -31.59 | 33.59 |
Other Operating Activities | 33.95 | 29.27 | -69.1 | 22.88 | 52.23 | 6.93 |
Change in Accounts Receivable | 13.33 | 13.33 | 15.71 | -2.86 | 12.4 | -21.35 |
Change in Inventory | 1.03 | 1.03 | -6.8 | -9.17 | 84.22 | -92.37 |
Change in Accounts Payable | -4.46 | -4.46 | -3.32 | -17.4 | -14.05 | 35.24 |
Change in Unearned Revenue | -2.6 | -2.6 | -2.79 | -3.47 | -119.84 | 39.12 |
Change in Other Net Operating Assets | 18.54 | -7.45 | -14.36 | -112.18 | -108.71 | 134.85 |
Operating Cash Flow | -45.06 | -52.89 | -67.22 | -202.74 | -245.34 | 76.9 |
Operating Cash Flow Growth | - | - | - | - | - | -44.17% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -3.27 | -4.42 | -13.87 | -14.23 | -29.25 | -92.23 |
Sale of Property, Plant & Equipment | 0.13 | 0.13 | 0.17 | 3.47 | 0.01 | - |
Cash Acquisitions | 1.28 | 0.84 | - | -10.95 | - | - |
Sale (Purchase) of Intangibles | 0.01 | -0.06 | -2.58 | -0.08 | -0.08 | -0.94 |
Other Investing Activities | 1.38 | 1.8 | 93.2 | 1.21 | 0.26 | 0.05 |
Investing Cash Flow | -0.47 | -1.71 | 76.92 | -20.59 | -29.05 | -93.12 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Issued | - | 174.4 | - | 81.11 | 39.33 | 0.86 |
Long-Term Debt Repaid | - | -174.34 | -6.49 | -5.22 | -4.84 | -4.76 |
Net Debt Issued (Repaid) | -0.46 | 0.06 | -6.49 | 75.89 | 34.49 | -3.9 |
Issuance of Common Stock | 30.92 | 30 | 57.14 | - | 189.84 | 166.82 |
Other Financing Activities | -30.2 | -30.69 | -19.97 | -12.81 | -9.21 | -8.42 |
Financing Cash Flow | 0.27 | -0.62 | 30.68 | 63.08 | 215.12 | 154.5 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | -2.47 | -3.4 | 1.81 | -0.2 | -0.83 | 3.96 |
Miscellaneous Cash Flow Adjustments | - | - | - | - | -0 | - |
Net Cash Flow | -47.73 | -58.62 | 42.19 | -160.45 | -60.11 | 142.25 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | -48.32 | -57.31 | -81.08 | -216.98 | -274.59 | -15.33 |
Free Cash Flow Growth | - | - | - | - | - | - |
Free Cash Flow Margin | -30.91% | -32.81% | -47.81% | -141.16% | -76.00% | -4.40% |
Free Cash Flow Per Share | -0.28 | -0.34 | -0.56 | -1.56 | -2.38 | -0.16 |
Levered Free Cash Flow | -31.01 | -49.67 | -11.54 | -189.16 | -158.12 | -38.31 |
Unlevered Free Cash Flow | -5.38 | -23.49 | 3.45 | -174.58 | -146.21 | -27.71 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 30.2 | 30.69 | 19.97 | 12.57 | 9.21 | 8.42 |
Cash Income Tax Paid | 1.79 | 2.2 | 1.55 | 1.24 | 0.15 | 1.63 |
Change in Working Capital | 25.85 | -0.15 | -11.57 | -145.06 | -145.98 | 95.48 |