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Valaris Limited (VAL) Annual Income Statement

Annual · GAAP · USD millions
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Reviewing income statement figures over time helps illustrate how Valaris Limited generates earnings and manages operating expenses.
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Annual Report, GAAP in USD millions
ITEM 		(Dec 31 2025)
2025 		(Dec 31 2024) (Dec 31 2023) (Dec 31 2022) (Dec 31 2021)
Revenues
Total Revenue2,369.00
Costs & Expenses
Cost of Goods and Services Sold1,629.70
Gross Profit739.30
Selling, Administration, Marketing97.10
Depreciation & Amortization146.30
Business Combination, Acquisition Related Costs27.30
Other Operating Expense / -Income-8.40
Total operating costs including COS1,892.00
Operating income / -loss477.00
Interest Expense0.00
Interest Expense, Other98.80
Net Interest Expense / -Income98.80
Loss (Income) from Equity Method Investments-8.40
Other loss / -income-165.70
Total costs & expenses1,816.70
Income & Taxes
Income / -loss before income taxes552.30
Income taxes expenses / -benefit-941.90
Income after income taxes979.10
Net income / -loss of other equity-515.10
Income / -loss from continuing operations979.10
Non-controlling interests3.70
Net income / -loss979.10
Income / -loss to shareholder982.80
EBIT651.10
EBITD797.40
EBITDA797.40
Earnings Per Share
Basic EPS (excl. extra items)13.92
Basic Net EPS13.92
Basic shares outstanding (Mill. of Units)70.60
Diluted Net EPS13.86
Diluted average shares (Mill. of Units)70.90
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About Valaris Ltd Annual Income Statement

What this statement shows

This page presents issuer-reported income statement data, detailing revenue, operating costs, expenses, and earnings as disclosed in SEC 10-K filings and standardized by CSIMarket. The income statement reflects operating performance over a reporting period rather than financial position at a single date.

Revenue and expense treatment

Revenue and expense items are aligned to support period-to-period comparability. Operating and non-operating items, interest, and income taxes are classified based on issuer disclosures and XBRL tagging.

Source & verification

  • Source: SEC 10-K filings
  • Filed with the SEC: February 20, 2026
  • Original filing: val-20251231.htm

Income statement figures represent operating results for each reporting period and may be revised in subsequent filings.