What is Valaris's change in deferred revenue?

Valaris (VAL) reported change in deferred revenue of $400K in Q1 2026.

How has Valaris's change in deferred revenue changed year-over-year?

Valaris's change in deferred revenue increased by 102.2% year-over-year, from -$17.8M to $400K.

What does change in deferred revenue mean?

Change in payments received from customers for goods/services not yet delivered — a key SaaS and subscription metric.

Valaris VAL Change in Deferred Revenue

Change in Deferred Revenue at other companies

NOVA, Inc.NOV

$10M-64.3%

TransoceanRIG

-$42M-10.5%

Baker HughesBKR

$195M+201%

Other financials

Income statement

See full

Revenue$465.4M-25.0%

Gross profit$92.0M-55.3%

Operating income$20.0M-86.0%

Net income-$16.4M+56.7%

EPS (diluted)-$0.24+54.7%

Balance sheet

See full

Cash & equivalents$595.4M+31.2%

Total debt$1.2B-0.7%

Total equity$3.2B+43.2%

Total assets$5.4B+22.3%

Cash flow

See full

Operating cash flow$75.0M-51.9%

CapEx$100.9M+0.7%

Free cash flow-$25.9M-146%

Valuation

See full

Market cap$5.44B+143%

Enterprise value$6B+110%

P/E5.4×-1.8×

P/S2.5×+1.5×

Profitability

See full

Gross margin28.3%-1.3pp

Operating margin16%-3.0pp

Net margin45.4%+32.8pp

FCF margin-31.2%—

Returns & leverage

See full

Return on equity37.4%+22.8pp

Debt / equity0.4×-0.2×

Current ratio1.5×-0.1×

Where this comes from

Reported directly by Valaris in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInContractWithCustomerLiability.

The official record: Valaris’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

Ask your AI about Valaris's change in deferred revenue.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Valaris's change in deferred revenue?: Valaris (VAL) reported change in deferred revenue of $400K in Q1 2026.
How has Valaris's change in deferred revenue changed year-over-year?: Valaris's change in deferred revenue increased by 102.2% year-over-year, from -$17.8M to $400K.
What does change in deferred revenue mean?: Change in payments received from customers for goods/services not yet delivered — a key SaaS and subscription metric.