Velan Inc. (TSX:VLN)

Velan Revenue

Velan had revenue of $57.54M USD in the quarter ending August 31, 2026, a decrease of -14.90%. This brings the company's total for the last twelve months to $271.93M, down -8.27% year-over-year. In the fiscal year ending February 28, 2026, Velan had annual revenue of $296.41M with 0.41% growth. That makes Velan the 15,290th largest company in the world by revenue and 316th in Canada.

• Revenue (ttm): $271.93M
• Revenue Growth: -8.27%
• P/S Ratio: 0.98
• Revenue / Employee: $209.18K
• Employees: 1,300
• Market Cap: 369.11M CAD

Revenue Chart

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* This company reports financials in USD.

Revenue by Geography

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• United States 106.84M 26.6%
• Canada 102.98M 25.6%
• Italy 100.74M 25.1%
• Other 91.38M 22.7%

Fiscal year ended Feb 28, 2026 See the full Velan breakdown

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 Sources: Fiscal.ai and S&P Global Market Intelligence Last updated: Oct 7, 2026

Revenue data is provided by Fiscal.ai and updates within minutes after each earnings release, which is every three months for this company. Revenue geography data is provided by S&P Global Market Intelligence.

Update frequency:

Quarterly

Last checked:

Oct 23, 2026

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