Valens Semiconductor (NYSE:VLN) reported first-quarter financial results on Wednesday.
The transcript from the company’s first-quarter earnings call has been provided below
Access the full call at https://events. Summary Valens Semiconductor Ltd reported Q1 2026 revenues of $16.9 million, exceeding the top end of their guidance. GAAP gross margin was 62.2%, surpassing expectations, while adjusted EBITDA was a loss of $5.5 million, smaller than anticipated.
Strong adoption was seen for the VS3000 and VS6320 chips, with strategic partnerships and product releases from major AV manufacturers. The company demonstrated the interoperability of its VA7000 chipset for automotive, reinforcing its position in the market. Guidance for Q2 2026 includes revenues between $17.2 million and $17.6 million, with a full year outlook unchanged at $75-77 million.