Valaris Limited
Income Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $539.2M | $465.4M | $537.4M | $595.7M | $615.2M | $620.7M | $584.4M | $643.1M |
| Cost of Revenue | $415.5M | $373.4M | $413.4M | $405.6M | $395.7M | $415.0M | $415.3M | $462.1M |
| Gross Profit | $123.7M | $92.0M | $124.0M | $190.1M | $219.5M | $205.7M | $169.1M | $181.0M |
| Gross Margin | 22.9% | 19.8% | 23.1% | 31.9% | 35.7% | 33.1% | 28.9% | 28.1% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $27.2M | $25.3M | $27.0M | $26.9M | $18.8M | $24.4M | $26.7M | $30.6M |
| Operating Income | $51.1M | $20.0M | $39.4M | $130.5M | $164.1M | $143.0M | $119.2M | $94.9M |
| Operating Margin | 9.5% | 4.3% | 7.3% | 21.9% | 26.7% | 23.0% | 20.4% | 14.8% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $80.6M | $10.4M | $36.4M | $215.9M | $145.7M | $154.3M | $123.8M | $87.2M |
| Income Tax Expense | $33.6M | $28.4M | $-680.4M | $28.6M | $31.5M | $193.5M | $-6.8M | $24.3M |
| Net Income | $50.4M | $-16.4M | $717.5M | $188.1M | $115.1M | $-37.9M | $133.7M | $64.6M |
| Net Margin | 9.3% | -3.5% | 133.5% | 31.6% | 18.7% | -6.1% | 22.9% | 10.0% |
| EPS (Basic) | $0.73 | $-0.24 | $10.17 | $2.66 | $1.62 | $-0.53 | $1.87 | $0.89 |
| EPS (Diluted) | $0.72 | $-0.24 | $10.13 | $2.65 | $1.61 | $-0.53 | $1.86 | $0.88 |
| Shares Outstanding (Basic) | 69.3M | 69.2M | 70.6M | 70.7M | 71.1M | 71.0M | 72.1M | 72.4M |
| Shares Outstanding (Diluted) | 70.4M | 69.2M | 70.9M | 71.0M | 71.3M | 71.0M | 72.9M | 73.2M |
| Dividends Per Share | — | — | — | — | — | — | — | — |