Income Statement - Valaris Ltd (VAL)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 | Dec-14 | Dec-13 | Dec-12 | Dec-11 | Dec-10 | Dec-09 | Dec-08 | Dec-07 | Dec-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 2,369.00 | 2,362.60 | 1,784.20 | 1,602.50 | 1,232.40 | 1,427.20 | 2,053.20 | 1,705.40 | 1,843.00 | 2,776.40 | 4,063.40 | 4,564.50 | 4,323.40 | 3,638.80 | 2,842.70 | 1,696.80 | 1,945.90 | 2,450.40 | 2,143.80 | 1,813.50 |
| Cost of revenue | 1,776.00 | 1,760.90 | 1,543.60 | 1,383.20 | 1,067.90 | 1,470.40 | 1,807.80 | 1,319.40 | 1,189.50 | 1,301.00 | 1,869.60 | 2,076.90 | 1,947.10 | 1,642.80 | 1,470.90 | 768.10 | 725.50 | 800.50 | 684.10 | 576.70 |
| Gross profit | 593.00 | 601.70 | 240.60 | 219.30 | 164.50 | -43.20 | 245.40 | 386.00 | 653.50 | 1,475.40 | 2,193.80 | 2,487.60 | 2,376.30 | 1,996.00 | 1,371.80 | 928.70 | 1,220.40 | 1,649.90 | 1,459.70 | 1,236.80 |
| Total operating expenses | 97.10 | 249.40 | 187.10 | 182.10 | 1,061.90 | 4,291.30 | 915.20 | 621.90 | 785.50 | 546.10 | 3,437.30 | 4,888.50 | 600.90 | 590.50 | 577.50 | 302.40 | 269.90 | 243.30 | 243.80 | 219.60 |
| Operating income | 495.90 | 352.30 | 53.50 | 37.20 | -897.40 | -4,334.50 | -669.80 | -235.90 | -132.00 | 929.30 | -1,243.50 | -2,400.90 | 1,733.30 | 1,403.30 | 794.30 | 626.30 | 950.50 | 1,406.60 | 1,215.90 | 1,017.20 |
| Non-operating income (net) | 56.40 | 17.90 | 30.70 | 187.70 | -3,537.40 | -782.50 | 606.00 | -303.00 | -64.00 | 68.20 | -227.70 | -147.90 | -100.10 | -98.60 | -57.70 | 18.20 | 8.80 | -4.20 | 37.80 | -5.90 |
| Income before tax | 552.30 | 370.20 | 84.20 | 224.90 | -4,434.80 | -5,117.00 | -63.80 | -538.90 | -196.00 | 997.50 | -1,471.20 | -2,548.80 | 1,633.20 | 1,304.70 | 736.60 | 644.50 | 959.30 | 1,402.40 | 1,253.70 | 1,011.30 |
| Income tax expense | -426.80 | 0.40 | -782.60 | 43.10 | 52.60 | -259.40 | 128.40 | 89.60 | 109.20 | 108.50 | -13.90 | 140.50 | 203.10 | 228.60 | 131.00 | 96.00 | 158.00 | 240.00 | 261.00 | 236.00 |
| Net income | 982.80 | 373.40 | 865.40 | 176.50 | -4,494.40 | -4,855.50 | -198.00 | -639.70 | -303.70 | 890.20 | -1,594.80 | -3,902.60 | 1,405.30 | 1,056.80 | 600.40 | 579.50 | 779.40 | 1,150.80 | 992.00 | 769.70 |
Show Quarterly Income Statement
Income Statement - Valaris Ltd (VAL)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | Mar-16 | Dec-15 | Sep-15 | Jun-15 | Mar-15 | Dec-14 | Sep-14 | Jun-14 | Mar-14 | Dec-13 | Sep-13 | Jun-13 | Mar-13 | Dec-12 | Sep-12 | Jun-12 | Mar-12 | Dec-11 | Sep-11 | Jun-11 | Mar-11 | Dec-10 | Sep-10 | Jun-10 | Mar-10 | Dec-09 | Sep-09 | Jun-09 | Mar-09 | Dec-08 | Sep-08 | Jun-08 | Mar-08 | Dec-07 | Sep-07 | Jun-07 | Mar-07 | Dec-06 | Sep-06 | Jun-06 | Mar-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 465.40 | 537.40 | 595.70 | 615.20 | 620.70 | 584.40 | 643.10 | 610.10 | 525.00 | 483.80 | 455.10 | 415.20 | 430.10 | 433.60 | 437.20 | 413.30 | 318.40 | 305.50 | 326.70 | 293.10 | 307.10 | 296.50 | 285.30 | 388.80 | 456.60 | 512.10 | 551.30 | 583.90 | 405.90 | 399.00 | 430.90 | 458.50 | 417.00 | 454.20 | 460.20 | 457.50 | 471.10 | 504.60 | 548.20 | 909.60 | 814.00 | 828.30 | 1,012.20 | 1,059.00 | 1,163.90 | 1,159.80 | 1,201.40 | 1,136.60 | 1,066.70 | 990.60 | 1,162.20 | 1,130.30 | 1,040.30 | 1,085.50 | 1,123.50 | 1,071.10 | 1,020.60 | 956.40 | 915.60 | 564.20 | 361.50 | 408.50 | 428.30 | 411.40 | 448.60 | 497.80 | 408.90 | 498.00 | 484.20 | 604.80 | 619.50 | 609.40 | 559.90 | 517.70 | 536.40 | 520.40 | 514.10 | 470.60 | 486.10 | 475.20 | 381.60 |
| Cost of revenue | 416.10 | 454.00 | 405.60 | 395.70 | 415.00 | 415.30 | 462.10 | 438.70 | 444.80 | 402.00 | 390.90 | 373.50 | 377.20 | 353.40 | 336.70 | 361.80 | 331.30 | 280.90 | 274.60 | 258.80 | 253.60 | 316.50 | 307.20 | 370.70 | 476.00 | 476.60 | 496.50 | 500.30 | 332.60 | 322.80 | 327.10 | 344.30 | 325.20 | 334.30 | 285.80 | 291.30 | 278.10 | 289.00 | 298.10 | 350.20 | 363.70 | 415.20 | 433.50 | 502.60 | 518.30 | 514.00 | 500.20 | 542.50 | 520.20 | 405.80 | 534.30 | 527.20 | 479.80 | 524.50 | 507.30 | 494.00 | 502.20 | 493.70 | 477.50 | 286.30 | 191.60 | 185.60 | 194.10 | 206.00 | 182.40 | 175.80 | 175.40 | 203.20 | 154.60 | 185.20 | 185.20 | 203.00 | 178.60 | 170.60 | 175.50 | 162.30 | 162.80 | 151.90 | 150.50 | 146.40 | 127.90 |
| Gross profit | 49.30 | 83.40 | 190.10 | 219.50 | 205.70 | 169.10 | 181.00 | 171.40 | 80.20 | 81.80 | 64.20 | 41.70 | 52.90 | 80.20 | 100.50 | 51.50 | -12.90 | 24.60 | 52.10 | 34.30 | 53.50 | -20.00 | -21.90 | 18.10 | -19.40 | 35.50 | 54.80 | 83.60 | 73.30 | 76.20 | 103.80 | 114.20 | 91.80 | 119.90 | 174.40 | 166.20 | 193.00 | 215.60 | 250.10 | 559.40 | 450.30 | 413.10 | 578.70 | 556.40 | 645.60 | 645.80 | 701.20 | 594.10 | 546.50 | 584.80 | 627.90 | 603.10 | 560.50 | 561.00 | 616.20 | 577.10 | 518.40 | 462.70 | 438.10 | 277.90 | 169.90 | 222.90 | 234.20 | 205.40 | 266.20 | 322.00 | 233.50 | 294.80 | 329.60 | 419.60 | 434.30 | 406.40 | 381.30 | 347.10 | 360.90 | 358.10 | 351.30 | 318.70 | 335.60 | 328.80 | 253.70 |
| Total operating expenses | 25.30 | 27.00 | 64.00 | 55.40 | 62.70 | 49.90 | 86.10 | 62.50 | 50.90 | 43.50 | 47.60 | 51.60 | 44.40 | 39.10 | 38.90 | 67.10 | 37.00 | 922.00 | 49.00 | 67.20 | 901.00 | 149.10 | 72.50 | 1,037.30 | 3,032.40 | 228.60 | 291.00 | 241.00 | 154.60 | 186.30 | 145.70 | 146.80 | 143.10 | 373.30 | 138.60 | 138.40 | 135.20 | 134.90 | 134.70 | 139.80 | 136.70 | 2,923.90 | 176.00 | 170.20 | 167.20 | 3,682.90 | 164.50 | 871.90 | 167.30 | 136.90 | 135.70 | 168.70 | 159.60 | 178.00 | 182.80 | 175.00 | 177.60 | 180.40 | 176.60 | 130.90 | 89.60 | 80.00 | 76.20 | 74.80 | 74.50 | 78.50 | 66.90 | 65.30 | 60.00 | 60.00 | 62.90 | 62.20 | 60.20 | 58.20 | 58.60 | 65.90 | 61.10 | 55.90 | 56.00 | 54.90 | 52.80 |
| Operating income | 24.00 | 56.40 | 126.10 | 164.10 | 143.00 | 119.20 | 94.90 | 108.90 | 29.30 | 38.30 | 16.60 | -9.90 | 8.50 | 41.10 | 61.60 | -15.60 | -49.90 | -897.40 | 3.10 | -32.90 | -847.50 | -169.10 | -94.40 | -1,019.20 | -3,051.80 | -193.10 | -236.20 | -157.40 | -81.30 | -110.10 | -41.90 | -32.60 | -51.30 | -253.40 | 35.80 | 27.80 | 57.80 | 80.70 | 115.40 | 419.60 | 313.60 | -2,510.80 | 402.70 | 386.20 | 478.40 | -3,037.10 | 536.70 | -277.80 | 377.30 | 445.90 | 457.90 | 434.70 | 394.80 | 382.10 | 433.60 | 405.30 | 344.20 | 292.30 | 261.50 | 147.00 | 80.30 | 142.90 | 158.00 | 131.30 | 193.80 | 248.00 | 171.00 | 233.60 | 273.80 | 360.40 | 372.10 | 345.90 | 322.90 | 290.00 | 303.20 | 294.30 | 290.20 | 261.70 | 280.00 | 274.20 | 201.30 |
| Non-operating income (net) | -13.60 | -20.00 | 89.80 | -18.40 | 11.30 | 4.60 | -7.70 | 11.90 | 9.10 | 0.00 | 11.10 | 7.10 | 12.50 | -0.20 | 29.90 | 148.60 | 9.40 | 898.70 | -2.60 | -3,527.80 | -28.40 | -13.50 | -555.70 | -105.40 | -107.90 | 41.90 | 40.20 | 597.30 | -75.20 | -69.80 | -77.70 | -84.80 | -70.70 | 87.30 | -40.40 | -53.20 | -57.70 | -46.20 | -30.90 | 209.90 | -64.60 | -47.30 | -52.40 | -55.40 | -72.60 | -49.60 | -38.40 | -30.80 | -29.10 | -28.90 | -1.60 | -39.80 | -29.80 | -21.70 | -25.50 | -24.70 | -26.70 | -28.50 | -13.50 | -18.10 | 2.20 | -0.40 | 2.70 | 13.00 | 3.20 | 2.60 | 3.60 | 6.90 | -4.30 | -9.00 | -6.50 | 6.80 | 4.50 | 10.60 | 9.80 | 7.80 | 9.60 | 1.70 | -0.60 | -3.40 | -3.60 |
| Income before tax | 10.40 | 36.40 | 215.90 | 145.70 | 154.30 | 123.80 | 87.20 | 120.80 | 38.40 | 38.30 | 27.70 | -2.80 | 21.00 | 40.90 | 91.50 | 133.00 | -40.50 | 1.30 | 0.50 | -3,560.70 | -875.90 | -182.60 | -650.10 | -1,124.60 | -3,159.70 | -151.20 | -196.00 | 439.90 | -156.50 | -179.90 | -119.60 | -117.40 | -122.00 | -166.10 | -4.60 | -25.40 | 0.10 | 34.50 | 84.50 | 629.50 | 249.00 | -2,558.10 | 350.30 | 330.80 | 405.80 | -3,086.70 | 498.30 | -308.60 | 348.20 | 417.00 | 456.30 | 394.90 | 365.00 | 360.40 | 408.10 | 380.60 | 317.50 | 263.80 | 248.00 | 128.90 | 82.50 | 142.50 | 160.70 | 144.30 | 197.00 | 250.60 | 174.60 | 240.50 | 269.50 | 351.40 | 365.60 | 352.70 | 327.40 | 300.60 | 313.00 | 302.10 | 299.80 | 263.40 | 279.40 | 270.80 | 197.70 |
| Income tax expense | 28.40 | -680.40 | 28.60 | 31.50 | 193.50 | -6.80 | 24.30 | -30.00 | 12.90 | -790.20 | 10.70 | 24.50 | -27.60 | 9.80 | 13.80 | 20.20 | -0.70 | -32.00 | 53.30 | -0.40 | 31.70 | -113.50 | 21.90 | -15.80 | -152.00 | 62.80 | 1.50 | 32.60 | 31.50 | 23.20 | 23.30 | 24.70 | 18.40 | 42.40 | 23.40 | 19.30 | 24.10 | 3.90 | -3.50 | 36.70 | 71.40 | -182.80 | 33.20 | 58.00 | 77.70 | -26.20 | 74.60 | 42.60 | 49.50 | 38.40 | 65.40 | 48.50 | 50.80 | 117.10 | 46.90 | 43.40 | 37.00 | 31.20 | 41.90 | 25.30 | 17.00 | 11.90 | 26.70 | 22.40 | 35.00 | 50.30 | 29.60 | 45.90 | 54.20 | 45.30 | 68.80 | 64.60 | 58.60 | 66.70 | 53.60 | 60.50 | 67.50 | 57.70 | 64.70 | 76.80 | 53.50 |
| Net income | -16.40 | 717.50 | 188.10 | 115.10 | -37.90 | 133.70 | 64.60 | 149.60 | 25.50 | 835.20 | 12.90 | -29.40 | 46.70 | 29.20 | 74.30 | 111.60 | -38.60 | 33.30 | -54.50 | -3,563.20 | -910.00 | -70.90 | -670.90 | -1,107.40 | -3,006.30 | -216.00 | -197.10 | 405.50 | -190.40 | -203.60 | -145.00 | -151.00 | -140.10 | -207.10 | -25.40 | -45.50 | -25.70 | 39.00 | 85.30 | 590.60 | 175.30 | -2,471.80 | 292.00 | 260.30 | 324.70 | -3,451.80 | 429.40 | -1,172.70 | 292.70 | 372.10 | 384.30 | 340.80 | 308.10 | 239.10 | 355.70 | 341.30 | 265.40 | 229.40 | 204.50 | 101.90 | 64.60 | 132.90 | 130.50 | 126.30 | 189.80 | 208.70 | 149.70 | 200.30 | 220.70 | 299.80 | 282.30 | 296.70 | 272.00 | 238.60 | 266.70 | 254.40 | 232.30 | 210.40 | 214.80 | 194.70 | 149.80 |