Valaris VAL-WT
NYSE VAL-WT
$11.78 -0.12 (-0.95%)
As of: Sep 10, 2026 · 1:43 PM EDT

Valaris (VAL-WT) Operating Expenses (2009 - 2026)

Valaris (VAL-WT) posted Operating Expenses of $498.7 million for Q2 2026, up 10.28% on a QoQ basis from $452.2 million in Q1 2026, and up 10.82% year-over-year from $450.0 million in Q2 2025.

Analysis

Valaris (VAL-WT) Operating Expenses (2009 - 2026) Analysis & Trends

Valaris has reported Operating Expenses for 18 years, with the latest figure at $498.7 million in Q2 2026.

  • On a quarterly basis, Operating Expenses rose 10.82% year-over-year to $498.7 million in Q2 2026; TTM through Jun 2026 was $1.9 billion, a 0.5% change from a year earlier, with the FY2025 full-year figure at $1.9 billion, down 4.95% from the prior year.
  • Operating Expenses was $498.7 million for Q2 2026 at Valaris, up from $452.2 million in the prior quarter.
  • The five-year high for Operating Expenses was $524.4 million in Q3 2024, with the low at $372.6 million in Q1 2022.
  • Average Operating Expenses over 5 years is $454.7 million, with a median of $453.0 million recorded in 2023.
  • The largest YoY upside for Operating Expenses was 121.12% in 2022 against a maximum downside of 67.78% in 2022.
  • Over 5 years, Operating Expenses stood at $401.1 million in 2022, then gained by 13.14% to $453.8 million in 2023, then climbed by 4.87% to $475.9 million in 2024, then rose by 5.17% to $500.5 million in 2025, then fell by 0.36% to $498.7 million in 2026.
  • The last three Operating Expenses figures came in at $498.7 million (Q2 2026), $452.2 million (Q1 2026), and $500.5 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Noble 7.26 Bn 6.81 Bn 273.38 Mn 689.21 Mn
2 Transocean 6.44 Bn 5.65 Bn 358.00 Mn 812.00 Mn
3 Seadrill 2.98 Bn 2.62 Bn 234.00 Mn 377.00 Mn
4 Borr Drilling 1.13 Bn 907.38 Mn - -232.10 Mn
5 Valaris 816.35 Mn 275.15 Mn 123.70 Mn 498.70 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 498.70 Mn
Mar 31, 2026 452.20 Mn
Dec 31, 2025 500.50 Mn
Sep 30, 2025 469.60 Mn
Jun 30, 2025 450.00 Mn
Mar 31, 2025 480.30 Mn
Dec 31, 2024 475.90 Mn
Sep 30, 2024 524.40 Mn
Jun 30, 2024 500.90 Mn
Mar 31, 2024 498.10 Mn
Dec 31, 2023 453.80 Mn
Sep 30, 2023 440.90 Mn
Jun 30, 2023 424.40 Mn
Mar 31, 2023 424.90 Mn
Dec 31, 2022 401.10 Mn
Sep 30, 2022 378.50 Mn
Jun 30, 2022 437.60 Mn
Mar 31, 2022 372.60 Mn
Dec 31, 2021 848.40 Mn
Sep 30, 2021 524.10 Mn