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Valaris VAL Q3 2026 earnings

Reported November 2, 2026 · After market close

Revenue$593.6MBeat by $30.9M
EPS$0.66Miss by $0.40
Revenue estimate$562.7M
EPS estimate$1.06
“I want to thank our employees across the organization for their continued focus on delivering safe, reliable and efficient operations. Their strong execution helped us achieve revenue efficiency of 97% in the third quarter and 98% year to date, contributing to solid financial results.”
Anton Dibowitz

Next report

Date not yet announced

Financials

Q3 2026

Income statement

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Revenue$593.6M-0.4%
Gross profit$176.3M-7.3%
Operating income$81.3M-37.7%
Net income$46.1M-75.5%
EPS (diluted)$0.66-75.1%

Balance sheet

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Cash & equivalents$525.1M-22.3%
Total debt$1.1B-4.1%
Total equity$3.3B+33.6%
Total assets$5.5B+18.2%

Cash flow

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Operating cash flow$67.2M-66.1%
CapEx$121.6M+74.2%
Free cash flow-$54.4M-142%

Valuation & ratios

Valuation

as of 11/02/26
See full
Market cap$7.31B+84.4%
Enterprise value$7.9B+77.5%
P/E9.2×-0.8×
P/S3.4×+1.8×

Profitability

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Gross margin24.2%-8.3pp
Operating margin9%-14.1pp
Net margin37.3%+20.8pp

Returns & leverage

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Return on equity27.9%+10.4pp
Debt / equity0.3×-0.1×
Current ratio1.6×-0.2×

FAQ

When did Valaris report Q3 2026 earnings?
Valaris (VAL) reported Q3 2026 earnings on November 2, 2026 after market close.
What were Valaris's Q3 2026 revenue and EPS?
Valaris reported revenue of $593.6M and eps of $0.66 for Q3 2026.
Did Valaris beat estimates in Q3 2026?
Revenue beat the consensus estimate of $562.7M by $30.9M. EPS missed the consensus estimate of $1.06 by $0.40.
How did Valaris's Q3 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue declined 0.4% from $595.7M a year earlier and eps declined 75.1% from $2.65.
Where can I find Valaris's Q3 2026 SEC filings?
You can read the 8-K earnings release (0000314808-26-000152) and the 10-Q periodic report (0000314808-26-000155) directly on SEC EDGAR. The filing index links above go to sec.gov.