What are Valaris's profit margins?

Gross margin is 28.3% and operating margin is 16.0%, with a 45.4% net margin.

Where does Valaris's income statement data come from?

Every line is extracted from Valaris's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

Valaris VAL Income Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Total revenue	$2.21B-6.6%	$2.37B-1.9%	$2.42B-1.9%	$2.46B+0.2%	$2.46B+4.1%
Total cost of revenue	$1.59B-2.6%	$1.63B-0.1%	$1.63B-3.3%	$1.69B-2.5%	$1.73B-1.7%
Gross profit	$625.6M-15.4%	$739.3M-5.7%	$784.4M+1.2%	$775.3M+6.6%	$727.2M+20.9%
Gross margin	28.3%-2.9pp	31.2%-1.3pp	32.5%+1.0pp	31.5%+1.9pp	29.6%+4.1pp
General and administrative	$98M+0.9%	$97.1M+0.3%	$96.8M-3.7%	$100.5M-12.0%	$114.2M-1.8%
Acquisition and integration costs	——	——	——	——	——
Other operating expenses	——	——	——	——	——
Total costs & expenses	$1.87B-1.5%	$1.9B+1.3%	$1.88B-2.8%	$1.93B-2.6%	$1.98B-0.9%
Operating income	$354M-25.8%	$477M-14.3%	$556.8M+6.8%	$521.2M+11.8%	$466M+32.3%
Operating margin	16%-4.1pp	20.1%-2.9pp	23%+1.9pp	21.2%+2.2pp	19%+4.0pp
Interest expense	$98.8M0.0%	$98.8M+2.8%	$96.1M+2.7%	$93.6M+2.4%	$91.4M+7.8%
Other income (expense), net	$57.4M-26.7%	$78.3M-5.5%	$82.9M+913%	-$10.2M-151%	$20.1M+12.3%
Income from equity method investments	$12.6M+50.0%	$8.4M—	——	——	——
Income before income taxes	$408.4M-26.1%	$552.3M-13.7%	$639.7M+25.2%	$511M+5.1%	$486.1M+31.3%
Income tax expense	-$591.9M-38.7%	-$426.8M—	——	——	——
Net income	$1B+2.2%	$982.8M+146%	$399M+44.8%	$275.5M-11.1%	$310M-17.0%
Net margin	45.4%+3.9pp	41.5%+25.0pp	16.5%+5.3pp	11.2%-1.4pp	12.6%-3.2pp
Diluted earnings per share	$14.15+2.1%	$13.86+148%	$5.59+46.3%	$3.82-9.9%	$4.24-17.2%
Basic earnings per share	$14.22+2.1%	$13.93+148%	$5.62+46.0%	$3.85-10.5%	$4.30-17.0%
Weighted-average shares, diluted	282.4M-0.6%	284.2M-0.7%	286.2M-0.8%	288.4M-0.8%	290.8M-0.9%
Weighted-average shares, basic	281.6M-0.6%	283.4M-0.5%	284.9M-0.6%	286.6M-0.5%	287.9M-0.5%
Contract Drilling Expenses Exclusive of Depreciation and Reimbursable Expenses	$1.44B-2.3%	$1.48B0.0%	$1.48B-3.6%	$1.53B-3.0%	$1.58B-2.4%
Reimbursable expenses	$144.6M-5.2%	$152.6M-1.1%	$154.3M-1.0%	$155.8M+3.1%	$151.1M+6.1%
Deferred taxes	-$675.4M-31.1%	-$515.1M—	——	——	——
Depreciation Nonproduction	$155.9M+6.6%	$146.3M+4.8%	$139.6M+4.0%	$134.2M+4.5%	$128.4M+5.2%
Other Interest And Dividend Income	$73.4M+3.7%	$70.8M+3.1%	$68.7M+8.0%	$63.6M-20.0%	$79.5M-7.7%
Other income, net (Note 6)	$79.8M-22.7%	$103.3M-6.3%	$110.3M+457%	$19.8M-38.1%	$32M+92.8%
Reimbursable revenues	$153.5M-4.7%	$161.1M-0.7%	$162.3M-1.9%	$165.4M+3.5%	$159.8M+6.0%
Revenues (exclusive of reimbursable revenues)	$2.06B-6.7%	$2.21B-2.0%	$2.25B-1.9%	$2.3B0.0%	$2.3B+3.9%
EBIT	$354M-25.8%	$477M-14.3%	$556.8M+6.8%	$521.2M+11.8%	$466M+32.3%
EBITDA	——	$623.3M-10.6%	$697.05M+6.4%	$655.4M+10.3%	$594.15M+25.2%
EBIT	$354M-25.8%	$477M-14.3%	$556.8M+6.8%	$521.2M+11.8%	$466M+32.3%

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Questions, answered.

What are Valaris's profit margins?: Gross margin is 28.3% and operating margin is 16.0%, with a 45.4% net margin.
Where does Valaris's income statement data come from?: Every line is extracted from Valaris's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.