Valaris Limited (VAL) Financials
Key financial figures for Valaris Limited (Q3 2026).
Valaris Q3 2026 total operating revenues were $593.6 million and diluted EPS $0.66, with adjusted EBITDA up to $150.6 million from $96.5 million in Q2, while the Transocean combination is expected to close on or about December 1, 2026. Total operating revenues were $593.6 million, down 0.4% from $595.7 million in Q3 2025 and up 10.1% from $539.2 million in Q2 2026 (calculated). Revenues excluding reimbursables were $555.6 million, equal to the year-ago quarter and up from $502.3 million in Q2. GAAP operating income was $81.3 million (Q3 2025: $130.5 million) and net income attributable to Valaris was $46.1 million, or $0.66 diluted EPS, versus $188.1 million and $2.65 a year earlier, a quarter that carried larger gains on asset sales. Figures are for Q3 2026, as Valaris Limited reported them.
- Revenue
- $594M
- Net Income
- $46M
- EPS
- $0.66
- Total Assets
- $5.5B
- Operating Cash Flow
- $67M
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q3 FY2026 | $594M | $46M | $0.66 | 13.7% | -$54M |
| Q2 FY2026 | $539M | $50M | $0.72 | 9.48% | -$92M |
| Q1 FY2026 | $465M | -$16M | -$0.24 | 5.16% | -$26M |
| Q4 FY2025 | $537M | $718M | $10.26 | 10.49% | -$39M |
| Q3 FY2025 | $596M | $188M | $2.65 | 21.17% | $128M |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $2.4B | $983M | $13.86 | 20.93% | $203M |
| FY2024 | $2.4B | $373M | $5.12 | 14.91% | -$100M |
| FY2023 | $1.8B | $865M | $11.51 | 3% | -$429M |
Frequently asked questions
What was Valaris Limited's revenue last quarter?
Valaris Limited reported revenue of $593.6 million for Q3 FY2026, down 0.4% from the same period a year earlier.
Is Valaris Limited profitable?
Yes. Valaris Limited reported net income of $46.1 million for Q3 FY2026, a net margin of 7.77% on revenue.
How has Valaris Limited's margin trended?
Operating margin was 13.7% in Q3 FY2026, compared with 21.17% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did Valaris Limited generate?
Valaris Limited generated free cash flow of -$54.4 million in Q3 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for Valaris Limited on SentiSense, with up to forty quarters and twenty fiscal years of history.