Quarterly ResultMay 13, 2026, 08:07 AM
Valens Semiconductor Q1 Revenue $16.86M; Net Loss $(8.29)M
AI Summary
Valens Semiconductor reported Q1 2026 revenues of $16.86 million, a slight increase from $16.83 million in Q1 2025. The company's net loss for the quarter was $(8.29) million, a minor improvement from $(8.31) million in the prior year period, resulting in a basic and diluted net loss per ordinary share of $(0.08). Additionally, the Acroname earnout liability was eliminated, and 3.3 million treasury shares were cancelled in January 2026.
Key Highlights
- Q1 2026 Revenues were $16.86 million, a slight increase from $16.83 million in Q1 2025.
- Q1 2026 Net Loss was $(8.29) million, a minor improvement from $(8.31) million in Q1 2025.
- Basic and diluted net loss per ordinary share remained at $(0.08) for Q1 2026, unchanged from Q1 2025.
- Cash and cash equivalents increased to $28.97 million as of March 31, 2026.
- The Acroname earnout liability of $282 thousand was eliminated as of March 31, 2026.
- 3,302,194 treasury shares were formally cancelled on January 22, 2026.
- Cross Industry Business (CIB) segment revenues were $10.98 million in Q1 2026.
- Automotive segment revenues were $5.88 million in Q1 2026.