VLY Balance Sheet, Income & Cash Flow

Income Statement VLY
Line item	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Revenue	3.47	3.37	3.41	3.57	3.89	4.51	3.87	3.63	4.48	6.58	6.90	6.19
Cost of Revenue	0.80	0.70	0.63	0.69	1.01	1.31	0.96	0.38	0.77	2.98	3.93	2.85
Gross Profit	2.68	2.67	2.78	2.88	2.88	3.20	2.90	3.25	3.70	3.60	2.96	3.34
Research & Development	0.00	0.00	0.00	0.00	0.00	–	–	–	–	–	–	–
Selling, General & Administrative	1.01	1.02	1.03	1.07	1.09	1.01	0.86	0.95	1.13	1.16	1.18	1.43
Total Operating Expenses	1.96	2.13	1.87	1.92	1.89	1.86	1.60	1.69	2.10	2.27	2.11	2.02
Operating Income	0.72	0.54	0.91	0.95	0.99	1.34	1.31	1.56	1.60	1.33	0.85	1.32
Interest Expense	0.79	0.67	0.58	0.66	0.91	1.24	0.65	0.30	0.66	2.89	3.34	2.61
Pre-Tax Income	0.72	0.54	0.91	0.95	0.99	1.34	1.31	1.56	1.60	1.33	0.85	1.32
Income Tax Expense	0.15	0.10	0.26	0.34	0.21	0.43	0.34	0.41	0.43	0.35	0.11	0.26
Net Income	0.56	0.44	0.66	0.61	0.79	0.91	0.96	1.16	1.17	0.98	0.73	1.06
EBITDA	0.86	0.67	1.05	1.09	1.13	1.55	1.51	1.69	1.76	1.50	1.00	1.44

Data as of: September 21, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)

Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.

Income Statement