Valaris Limited
Cash Flow Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $50.4M | $-16.4M | $717.5M | $188.1M | $115.1M | $-37.9M | $133.7M | $64.6M |
| Depreciation & Amortization | — | — | — | — | — | — | — | — |
| Depreciation | $44.6M | $42.7M | $40.6M | $37.1M | $35.5M | $33.1M | $33.9M | $31.7M |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $9.2M | $6.4M | $6.8M | $6.8M | $6.0M | $5.6M | $5.3M | $7.0M |
| Net Cash from Operating Activities | $13.1M | $75.0M | $72.2M | $198.1M | $120.0M | $155.9M | $124.6M | $193.0M |
| Investing Activities | ||||||||
| Capital Expenditures | $105.5M | $100.9M | $106.3M | $69.8M | $67.2M | $100.2M | $111.7M | $81.9M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-50.4M | $-95.7M | $-104.7M | $38.9M | $-57.4M | $-82.4M | $-109.1M | $-81.8M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $-100.0K | $-1.4M | $-25.5M | $-77.7M | $-100.0K | $-300.0K | $-27.2M | $-129.3M |
| Net Change in Cash | $-37.4M | $-22.1M | $-58.0M | $159.3M | $62.5M | $73.2M | $-11.7M | $-18.1M |
| Free Cash Flow | $-92.4M | $-25.9M | $-34.1M | $128.3M | $52.8M | $55.7M | $12.9M | $111.1M |