What is Valaris's operating income?

Valaris (VAL) reported operating income of $20M in Q1 2026.

How has Valaris's operating income changed year-over-year?

Valaris's operating income decreased by 86.0% year-over-year, from $143M to $20M.

What is the long-term trend for Valaris's operating income?

Over 4 years (2021 to 2025), Valaris's operating income has grown at a -27.7% compound annual growth rate (CAGR), from -$1.74B to $477M.

What does operating income mean?

Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

Valaris VAL Operating Income

Operating Income at other companies

Oceaneering InternationalOII

$57.79M-21.3%

NOVA, Inc.NOV

$47M-69.1%

TransoceanRIG

$287M+348%

Noble CorporationNE

$225.31M+20.3%

International Seaways, Inc.INSW

$288.57M+388%

Helmerich & PayneHP

-$36.92M-188%

Other financials

Income statement

See full

Revenue$465.4M-25.0%

Gross profit$92.0M-55.3%

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%

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:OperatingIncomeLoss.

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

Ask your AI about Valaris's operating income.

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

Connect your AI

Claude

Questions, answered.

What is Valaris's operating income?: Valaris (VAL) reported operating income of $20M in Q1 2026.
How has Valaris's operating income changed year-over-year?: Valaris's operating income decreased by 86.0% year-over-year, from $143M to $20M.
What is the long-term trend for Valaris's operating income?: Over 4 years (2021 to 2025), Valaris's operating income has grown at a -27.7% compound annual growth rate (CAGR), from -$1.74B to $477M.
What does operating income mean?: Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.