Valens Semiconductor reported second-quarter 2026 revenue of $18.1 million, exceeding its guidance range of $17.2 million to $17.6 million, and raised its full-year revenue outlook to between $78 million and $81 million from a prior range of $75 million to $77 million. GAAP gross margin came in at 61.5%, within guidance, while adjusted EBITDA loss was $4.2 million, better than the expected loss of $4.9 million to $4.4 million. The company also announced that Dean Martin will become Head of the Automotive business unit effective September 1, and that all four of its MIPI A-PHY design wins are progressing toward production with revenue expected to ramp in 2027. For the third quarter of 2026, Valens guided revenue of $21.3 million to $21.7 million, gross margin of 60% to 62%, and an adjusted EBITDA loss of $3.4 million to $2.8 million.
ValensQ2 revenue beat and raised full-year guidance
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