Valaris VAL Reimbursable expenses
Reimbursable expenses at other companies
Other financials
Where this comes from
Reported directly by Valaris in its filing.
Tagged under the XBRL concept val:ReimbursableExpenses.
The official record: Valaris’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Valaris's reimbursable expenses?
- Valaris (VAL) reported reimbursable expenses of $33M in Q1 2026.
- How has Valaris's reimbursable expenses changed year-over-year?
- Valaris's reimbursable expenses decreased by 19.5% year-over-year, from $41M to $33M.
- What is the long-term trend for Valaris's reimbursable expenses?
- Over 3 years (2022 to 2025), Valaris's reimbursable expenses has grown at a 15.3% compound annual growth rate (CAGR), from $99.5M to $152.6M.
- What does reimbursable expenses mean?
- These are costs incurred by the company that are contractually billable to the customer, typically related to third-party services or specialized equipment. These expenses are directly offset by reimbursable revenues and generally have a neutral impact on operating margins. It is used to understand the scale of project-specific pass-through activity.