Valens Semiconductor Reports Strong Third Quarter 2026 Results
Key Highlights
- ➤Q3 revenue $21.9 million, exceeding quarterly guidance of $21.3-$21.7 million
- ➤Q3 automotive revenue $7.9 million, up from $4.1 million year-over-year
- ➤Q3 GAAP gross margin 62.2%, above guidance but below 63.0% last year
- ➤Q3 adjusted EBITDA loss $(2.7) million, better than guidance range
- ➤2026 revenue guidance reaffirmed at $78 million to $81 million, toward upper end
Expert Statements
Yoram Salinger, CEO of Valens Semiconductor
“We are pleased with our performance in the third quarter, where we exceeded our guidance and delivered revenue of $21.9 million.”
Yoram Salinger, CEO of Valens Semiconductor
“One year into my tenure as CEO, I'm proud to introduce a new growth plan that builds on our strength in premium solutions while opening the door to significantly larger, mainstream markets.”
Yoram Salinger, CEO of Valens Semiconductor
“In audio-video, we announced the launch of the VS6310 chip, which will be the cornerstone for our strategy of embedding our technology inside a range of video conferencing devices.”
Yoram Salinger, CEO of Valens Semiconductor
“In automotive, we announced a strategic collaboration with leading image sensor manufacturer onsemi to bring A-PHY into high-volume automotive camera applications.”
Yoram Salinger, CEO of Valens Semiconductor
“We're optimistic that our growth strategy will allow us to expand our share in the markets we serve”
Valens Semiconductor Reports Strong Third Quarter 2026 Results PR Newswire
* Delivered Q3 2026 revenue of $21.9 million, exceeding the top end of our guidance * Q3 2026 gross margin: 62.2% GAAP; 64.4% non-GAAP * Cash, cash equivalents and short-term deposits as of September 30, 2026: $74.7 million HOD HASHARON, Israel, Nov. 11, 2026 /PRNewswire/ -- Valens Semiconductor Ltd. (NYSE: VLN), a leading provider of high-performance connectivity chipsets, today reported financial results for the third quarter ended September 30, 2026.
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