Filing Flows › Valaris (VAL) › How it makes money
How Valaris (VAL) makes money
Valaris (VAL) made $594M of revenue in the third quarter 2026 (Q3 2026), -0.4% from a year earlier. Of every dollar of revenue, 14¢ was left as operating profit, 8¢ was left as net earnings.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $594M | 100.0% |
| Operating profit | $81.3M | 13.7% |
| Income tax | $54.7M | 9.2% |
| Net earnings | $46.1M | 7.8% |
| Operating cash flow | $67.2M | 11.3% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $594M | -0.4% |
| Q2 2026 | $539M | -12% |
| Q1 2026 | $465M | -25% |
| Q4 2025 | $537M | -8% |
| Q3 2025 | $596M | -7% |
| Q2 2025 | $615M | +0.8% |
| Q1 2025 | $621M | +18% |
From Valaris' 10-Q filed Nov 3, 2026 (on EDGAR).
Questions
How does Valaris make money?
Valaris (VAL) made $594M of revenue in the third quarter 2026 (Q3 2026), -0.4% from a year earlier. Of every dollar of revenue, 14¢ was left as operating profit, 8¢ was left as net earnings.
What is Valaris' profit margin?
Net earnings were $46.1M, 7.8% of revenue, in the third quarter 2026; the operating margin was 13.7%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.