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-9.9%	$2.37B+0.3%	$2.42B+6.8%	$2.46B+18.8%	$2.46B+30.8%
Total cost of revenue	$1.59B-8.3%	$1.63B-7.5%	$1.63B-6.6%	$1.69B+0.7%	$1.73B+7.4%
Gross profit	$625.6M-14.0%	$739.3M+22.9%	$784.4M+52.5%	$775.3M+95.0%	$727.2M+171%
Gross margin	28.3%-1.3pp	31.2%+5.7pp	32.5%+9.7pp	31.5%+12.3pp	29.6%+15.3pp
General and administrative	$98M-14.2%	$97.1M-16.5%	$96.8M-15.0%	$100.5M-6.5%	$114.2M+12.6%
Acquisition and integration costs	——	——	——	——	——
Other operating expenses	——	——	——	——	——
Total costs & expenses	$1.87B-5.5%	$1.9B-4.9%	$1.88B-5.1%	$1.93B+1.9%	$1.98B+9.0%
Operating income	$354M-24.0%	$477M+35.4%	$556.8M+105%	$521.2M+170%	$466M+527%
Operating margin	16%-3.0pp	20.1%+5.2pp	23%+11.0pp	21.2%+11.8pp	19%+15.0pp
Interest expense	$98.8M+8.1%	$98.8M+16.5%	$96.1M+13.9%	$93.6M+15.0%	$91.4M+21.1%
Other income (expense), net	$57.4M+186%	$78.3M+337%	$82.9M+523%	-$10.2M-132%	$20.1M-26.4%
Income from equity method investments	$12.6M—	$8.4M—	——	——	——
Income before income taxes	$408.4M-16.0%	$552.3M+49.2%	$639.7M+125%	$511M+127%	$486.1M+378%
Income tax expense	-$591.9M—	-$426.8M—	——	——	——
Net income	$1B+224%	$982.8M+163%	$399M-62.9%	$275.5M-73.1%	$310M-63.3%
Net margin	45.4%+32.8pp	41.5%+25.7pp	16.5%-31.0pp	11.2%-38.2pp	12.6%-32.3pp
Diluted earnings per share	$14.15+234%	$13.86+171%	$5.59-61.1%	$3.82-72.0%	$4.24-62.3%
Basic earnings per share	$14.22+231%	$13.93+169%	$5.62-61.5%	$3.85-72.3%	$4.30-62.3%
Weighted-average shares, diluted	282.4M-2.9%	284.2M-3.1%	286.2M-3.2%	288.4M-3.0%	290.8M-2.5%
Weighted-average shares, basic	281.6M-2.2%	283.4M-2.0%	284.9M-2.2%	286.6M-2.1%	287.9M-2.4%
Contract Drilling Expenses Exclusive of Depreciation and Reimbursable Expenses	$1.44B-8.6%	$1.48B-8.7%	$1.48B-7.6%	$1.53B-0.2%	$1.58B+5.8%
Reimbursable expenses	$144.6M-4.3%	$152.6M+7.2%	$154.3M+15.7%	$155.8M+30.2%	$151.1M+37.7%
Deferred taxes	-$675.4M—	-$515.1M—	——	——	——
Depreciation Nonproduction	$155.9M+21.4%	$146.3M+19.8%	$139.6M+20.7%	$134.2M+22.2%	$128.4M+22.8%
Other Interest And Dividend Income	$73.4M-7.7%	$70.8M-17.8%	$68.7M-29.0%	$63.6M-39.9%	$79.5M-20.0%
Other income, net (Note 6)	$79.8M+149%	$103.3M+522%	$110.3M+10,930%	$19.8M+157%	$32M+841%
Reimbursable revenues	$153.5M-3.9%	$161.1M+6.9%	$162.3M+14.8%	$165.4M+32.1%	$159.8M+39.0%
Revenues (exclusive of reimbursable revenues)	$2.06B-10.4%	$2.21B-0.2%	$2.25B+8.2%	$2.3B+20.8%	$2.3B+31.5%
EBIT	$354M-24.0%	$477M+35.4%	$556.8M+105%	$521.2M+170%	$466M+527%
EBITDA	——	$623.3M+31.4%	$697.05M+79.5%	$655.4M+115%	$594.15M+229%
EBIT	$354M-24.0%	$477M+35.4%	$556.8M+105%	$521.2M+170%	$466M+527%

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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.