Valens Semiconductor posted strong Q3 2025 results with revenue beating guidance and the sixth consecutive quarter of growth. Despite a net loss, the company showed resilience across its key markets, particularly ProAV and medical. The quarter also marked a CEO transition.
Valens Semiconductor delivered strong Q2 2025 results, with revenues of $17.1 million, surpassing guidance, driven by robust demand in the ProAV and Industrial machine vision sectors. Despite a GAAP net loss of $(7.2) million, the company's non-GAAP gross margin improved to 67.2%, and adjusted EBITDA loss was better than anticipated. However, full-year 2025 revenue guidance was lowered due to the impact of tariffs.
Velan Inc. delivered a robust performance in the first quarter of fiscal 2025, with sales increasing by 14.5% to $77.5 million and gross profit rising significantly to $23.8 million, representing a 30.7% gross margin. The company reduced its net loss to $1.1 million from $8.3 million in the prior year and ended the quarter with a strong order backlog of $528.3 million.