Valaris (VAL-WT) Cost of Revenue (2009 - 2026)
Valaris (VAL-WT) posted quarterly Cost of Revenue of $373.4 million for Q1 2026, down 10.02% year-over-year from $415.0 million in Q1 2025, and down 9.68% quarter-over-quarter from $413.4 million in Q4 2025.
Valaris (VAL-WT) Cost of Revenue (2009 - 2026) Analysis & Trends
Valaris' Cost of Revenue history runs 12 years deep, the most recent figure standing at $373.4 million for Q1 2026.
- In Q1 2026, Cost of Revenue fell 10.02% year-over-year to $373.4 million; the TTM figure through Mar 2026 stood at $1.6 billion (down 8.26% YoY), while the FY2025 annual figure was $1.6 billion, down 7.45% from the prior year.
- Cost of Revenue for Q1 2026 stood at $373.4 million, down from $413.4 million in the prior quarter.
- The five-year high for Cost of Revenue was $462.1 million in Q3 2024, with the low at $331.3 million in Q1 2022.
- The 5-year median for Cost of Revenue is $395.7 million (2025), against an average of $393.6 million.
- Peak annual rise in Cost of Revenue reached 114.59% in 2022, while the deepest fall reached 51.19% in 2022.
- Valaris' Cost of Revenue stood at $353.4 million in 2022, then grew by 13.75% to $402.0 million in 2023, then grew by 3.31% to $415.3 million in 2024, then retreated by 0.46% to $413.4 million in 2025, then fell by 9.68% to $373.4 million in 2026.
- Business Quant data shows VAL-WT's Cost of Revenue at $373.4 million in Q1 2026, $413.4 million in Q4 2025, and $405.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Noble | 7.43 Bn | 6.98 Bn | 273.38 Mn | 446.31 Mn |
| 2 | Transocean | 6.68 Bn | 5.88 Bn | 358.00 Mn | 608.00 Mn |
| 3 | Patterson Uti Energy | 4.70 Bn | 4.50 Bn | 597.25 Mn | 630.72 Mn |
| 4 | Helmerich & Payne | 4.37 Bn | 4.13 Bn | 349.94 Mn | 684.91 Mn |
| 5 | Seadrill | 2.95 Bn | 2.59 Bn | 234.00 Mn | 215.00 Mn |
| 6 | Borr Drilling | 1.39 Bn | 1.17 Bn | - | - |
| 7 | Nabors Industries | 1.32 Bn | 807.28 Mn | 309.38 Mn | 507.55 Mn |
| 8 | Precision Drilling | 1.18 Bn | 1.14 Bn | 89.29 Mn | 238.05 Mn |
| 9 | Valaris | 827.45 Mn | 286.25 Mn | 123.70 Mn | 415.50 Mn |
| 10 | Sable Offshore | 774.26 Mn | 752.66 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 415.50 Mn |
| Jun 30, 2026 | 415.50 Mn |
| Mar 31, 2026 | 373.40 Mn |
| Mar 31, 2026 | 373.40 Mn |
| Dec 31, 2025 | 413.40 Mn |
| Dec 31, 2025 | 413.40 Mn |
| Sep 30, 2025 | 405.60 Mn |
| Sep 30, 2025 | 405.60 Mn |
| Jun 30, 2025 | 395.70 Mn |
| Jun 30, 2025 | 395.70 Mn |
| Mar 31, 2025 | 415.00 Mn |
| Mar 31, 2025 | 415.00 Mn |
| Dec 31, 2024 | 415.30 Mn |
| Dec 31, 2024 | 415.30 Mn |
| Sep 30, 2024 | 462.10 Mn |
| Sep 30, 2024 | 462.10 Mn |
| Jun 30, 2024 | 438.70 Mn |
| Jun 30, 2024 | 438.70 Mn |
| Mar 31, 2024 | 444.80 Mn |
| Mar 31, 2024 | 444.80 Mn |