Velan Inc. (TSX:VLN)

Velan Revenue

Velan had revenue of $57.83M USD in the quarter ending May 31, 2026, a decrease of -19.94%. This brings the company's revenue in the last twelve months to $282.01M, down -8.00% year-over-year. In the fiscal year ending February 28, 2026, Velan had annual revenue of $296.41M with 0.41% growth.

• Revenue (ttm): $282.01M
• Revenue Growth: -8.00%
• P/S Ratio: 1.01
• Revenue / Employee: $221.53K
• Employees: 1,273
• Market Cap: 392.86M CAD

Revenue Chart

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* This company reports financials in USD.

Revenue History

Fiscal Year End	Revenue	Change	Growth
Feb 28, 2026	296.41M	1.21M	0.41%
Feb 28, 2025	295.20M	36.54M	14.13%
Feb 29, 2024	258.65M	-111.78M	-30.18%
Feb 28, 2023	370.43M	-40.81M	-9.92%
Feb 28, 2022	411.24M	109.18M	36.14%
Feb 28, 2021	302.06M	-69.56M	-18.72%
Feb 29, 2020	371.63M	4.76M	1.30%
Feb 28, 2019	366.87M	28.90M	8.55%
Feb 28, 2018	337.96M	6.19M	1.86%
Feb 28, 2017	331.78M	-95.12M	-22.28%
Feb 29, 2016	426.90M	-28.86M	-6.33%
Feb 28, 2015	455.75M	-33.51M	-6.85%
Feb 28, 2014	489.26M	-11.32M	-2.26%
Feb 28, 2013	500.57M	63.44M	14.51%
Feb 29, 2012	437.14M	56.43M	14.82%
Feb 28, 2011	380.71M	-61.04M	-13.82%
Feb 28, 2010	441.74M	-32.07M	-6.77%
May 31, 2008	473.81M	82.75M	21.16%
May 31, 2007	391.06M	63.41M	19.35%
May 31, 2006	327.65M	73.04M	28.69%
May 31, 2005	254.60M	-	-

Data Source: Fiscal.ai Last updated: Jul 9, 2026

Revenue data is provided by Fiscal.ai and updates within minutes after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Jul 30, 2026

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