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Valaris VAL Total Cost of Revenue

Total Cost of Revenue at other companies

Oceaneering International logo
Oceaneering InternationalOII
$611.2M+11.2%
Transocean logo
TransoceanRIG
$606M-1.9%
Oil States International logo
Oil States InternationalOIS
$111.59M-9.0%
Helmerich & Payne logo
Helmerich & PayneHP
$684.91M-2.7%
Helix Energy Solutions Group logo
Helix Energy Solutions GroupHLX
$247.82M+4.0%
Forum Energy Technologies logo
Forum Energy TechnologiesFET
$147.71M+9.5%

Other financials

Income statement

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Revenue$539.2M-12.4%
Gross profit$123.7M-43.6%
Operating income$51.1M-68.9%
Net income$50.4M-56.2%
EPS (diluted)$0.72-55.3%

Balance sheet

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Cash & equivalents$558.0M+8.1%
Total debt$1.2B-0.4%
Total equity$3.2B+38.2%
Total assets$5.4B+21.0%

Cash flow

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Operating cash flow$13.1M-89.1%
CapEx$105.5M+57.0%
Free cash flow-$92.4M-275%

Valuation

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Market cap$5.33B+55.4%
Enterprise value$5.94B+45.4%
P/E5.7×-6.8×
P/S2.5×+1.1×

Profitability

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Gross margin24.8%-6.7pp
Operating margin11.3%-9.9pp
Net margin44%+32.8pp
FCF margin-31.2%

Returns & leverage

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Return on equity33.9%+21.6pp
Debt / equity0.4×-0.1×
Current ratio1.5×-0.3×

Where this comes from

Reported directly by Valaris in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

The source filing: Valaris’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 8:32 AM EDT
Fiscal quarter
Q4 FY2027
Calendar quarter
Q4 2027
Accession
0000314808-26-000141
Line itemFloatersJackupsAROOtherReconciling ItemsConsolidated Total
Operating expenses:
Contract drilling expenses (exclusive of depreciation and reimbursable expenses)167.9143.971.627.4(30.4)380.4
Reimbursable expenses10.512.711.935.1
Total contract drilling expenses (exclusive of depreciation)178.4156.671.639.3(30.4)415.5
Depreciation17.216.222.06.1(16.9)44.6
General and administrative10.616.627.2
Merger and integration expenses11.411.4
Total operating expenses195.6172.8104.245.4(19.3)498.7

Item 1.Financial Statements

FAQ

What is Valaris's total cost of revenue?
Valaris (VAL) reported total cost of revenue of $415.5M in Q2 2026.
How has Valaris's total cost of revenue changed year-over-year?
Valaris's total cost of revenue increased by 5.0% year-over-year, from $395.7M to $415.5M.
What is the long-term trend for Valaris's total cost of revenue?
Over 3 years (2022 to 2025), Valaris's total cost of revenue has grown at a 5.6% compound annual growth rate (CAGR), from $1.38B to $1.63B.
What does total cost of revenue mean?
The aggregate of all direct costs attributable to producing goods and delivering services that generated the company's revenue, including materials, labor, and overhead.

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