VALValaris Limited
$83.70+66% 1Y
$83.70
$46.7552 weeks$113.42
The financials
Valaris Limited by the numbers
Valaris Limited (VAL) reported revenue of $539M in Q2 2026 (quarter ended Jun 30, 2026), down 12% from the same quarter a year earlier. That came with a gross margin of 23% and net income of $50M (9.3% of revenue). For the full year FY2025, revenue was $2.37B (+0.3% year on year) and net income $983M. Its largest region in Q2 2026 was Brazil at $138M, 48% of the disclosed total, well ahead of Angola at 26%. The next results filing is expected around Oct 28, 2026, the same week as a year ago.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $539M | $615M | −12% |
| Gross profit | $124M | $220M | −44% |
| Operating income | $51M | $164M | −69% |
| Net income | $50M | $115M | −56% |
| Diluted EPS | $0.72 | $1.61 | −55% |
| Geographic | Revenue | Share |
|---|---|---|
| Brazil | $138M | 48% |
| Angola | $74M | 26% |
| Gulf Of America | $41M | 14% |
| Other Geographic Areas | $37M | 13% |
Business segments
Revenue split by geographic segment, from SEC XBRL filings.
Latest period: Jun 2026Total $290.0M (+47%)
Angola grew +75% year on yearAustralia -100% year on year
Segment Latestquarter on quarteryear on year
- Brazil$138.3M$138.3Mquarter on quarter +61%year on year -10%+61%-10%
- Angola$74.1M$74.1Mquarter on quarter +5.0%year on year +75%+5.0%+75%
- Gulf Of America$40.6M$40.6Mquarter on quarter -1.5%year on year -38%-1.5%-38%
- Other Geographic Areas$37.0M$37.0Mquarter on quarter n/ayear on year +39%n/a+39%
- Australia$0.00$0.00quarter on quarter n/ayear on year -100%n/a-100%
- United Kingdom$0.00$0.00quarter on quarter n/ayear on year n/an/an/a