Valens Semiconductor (NYSE:VLN), a provider of high-speed connectivity semiconductors, on Wednesday reported fourth-quarter revenue of $19.4 million and full-year 2025 revenue of $70.6 million, both exceeding the company's prior guidance ranges.
The Hod Hasharon, Israel-based company achieved GAAP gross margin of 62.4% for the full year and ended 2025 with $92.6 million in cash and cash equivalents and no debt on its balance sheet.
Valens highlighted seven consecutive quarters of sequential revenue growth through the end of 2025, driven by continued adoption of its HDBaseT technology in automotive, professional audio-video, and consumer connectivity applications, as well as contributions from its automotive chipset portfolio.
The company announced a plan to reduce operating expenses by approximately $5 million annually, primarily through organizational efficiencies and streamlined operations, while maintaining investment in key growth areas such as automotive and extended-reach connectivity solutions.
For the first quarter of 2026, Valens guided revenue in the range of $16.3 million to $16.7 million.
For the full year 2026, the company expects revenue of $75 million to $77 million, reflecting anticipated growth in automotive design wins moving to production, expanded market share in professional AV, and ongoing cost discipline.