Valens Semiconductor Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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 & Equivalents	27.86	35.42	17.26	20.02	56.79
Short-Term Investments	64.73	95.53	124.76	128.36	117.57
Cash & Short-Term Investments	92.6	130.96	142.02	148.39	174.36
Cash Growth	-29.29%	-7.79%	-4.29%	-14.90%	183.19%
Accounts Receivable	9.97	7.75	14.64	11.51	7.1
Inventory	10.12	10.16	13.84	23.82	9.32
Other Current Assets	5.97	5.04	4.2	4.79	8.26
Total Current Assets	118.66	153.9	174.69	188.51	199.03
Net Property, Plant & Equipment	9.8	11.01	5.16	6.61	2.74
Other Intangible Assets	3.76	4.7	-	-	-
Goodwill	1.85	1.85	-	-	-
Other Long-Term Assets	0.63	0.69	0.71	0.54	0.83
Total Assets	134.7	172.15	180.56	195.66	202.6
Accounts Payable	4.7	6	4.95	10.65	4.49
Accrued Expenses	7.3	4.96	4.26	6.21	4.58
Current Portion of Leases	1.53	0.98	1.77	1.81	-
Other Current Liabilities	9.41	8.38	4.96	6.12	6.62
Total Current Liabilities	22.93	20.33	15.93	24.79	15.7
Long-Term Leases	6.72	6.65	0.19	1.62	-
Other Long-Term Liabilities	0.07	2.49	0.13	1.81	4.7
Total Long-Term Liabilities	6.78	9.14	0.32	3.43	4.7
Total Liabilities	29.72	29.46	16.25	28.22	20.4
Common Stock	0.05	0.05	0.05	0.05	0.05
Treasury Stock	-10.01	-1.61	-	-	-
Additional Paid-in Capital	360.01	357.57	341.59	325.07	312.16
Accumulated Other Comprehensive Income	0.43	0.6	-	-	-
Retained Earnings	-245.5	-213.92	-177.34	-157.68	-130.01
Total Common Shareholders' Equity	104.98	142.69	164.3	167.44	182.2
Shareholders' Equity	104.98	142.69	164.3	167.44	182.2
Total Liabilities & Equity	134.7	172.15	180.56	195.66	202.6
Total Debt	8.24	7.62	1.96	3.44	0
Net Cash (Debt)	84.35	123.34	140.06	144.95	174.36
Net Cash Growth	-31.61%	-11.94%	-3.37%	-16.87%	183.19%
Net Cash Per Share	0.82	1.17	1.37	1.48	5.28
Book Value	104.98	142.69	164.3	167.44	182.2
Book Value Per Share	1.02	1.35	1.61	1.71	5.52
Tangible Book Value	99.37	136.14	164.3	167.44	182.2
Tangible Book Value Per Share	0.96	1.29	1.61	1.71	5.52

Updated Feb 25, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q