Valaris (VAL-WT) Operating Expenses (2009 - 2026)
Valaris (VAL-WT) posted quarterly Operating Expenses of $452.2 million for Q1 2026, down 5.85% year-over-year from $480.3 million in Q1 2025, and down 9.65% quarter-over-quarter from $500.5 million in Q4 2025.
Valaris (VAL-WT) Operating Expenses (2009 - 2026) Analysis & Trends
Valaris' Operating Expenses history runs 18 years deep, the most recent figure standing at $452.2 million for Q1 2026.
- In Q1 2026, Operating Expenses fell 5.85% year-over-year to $452.2 million; the TTM figure through Mar 2026 stood at $1.9 billion (down 5.51% YoY), while the FY2025 annual figure was $1.9 billion, down 4.95% from the prior year.
- Operating Expenses for Q1 2026 stood at $452.2 million, down from $500.5 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.
- The 5-year median for Operating Expenses is $452.2 million (2026), against an average of $452.1 million.
- Peak annual rise in Operating Expenses reached 159.55% in 2022, while the deepest fall reached 67.78% in 2022.
- Valaris' Operating Expenses stood at $401.1 million in 2022, then increased by 13.14% to $453.8 million in 2023, then gained by 4.87% to $475.9 million in 2024, then grew by 5.17% to $500.5 million in 2025, then slipped by 9.65% to $452.2 million in 2026.
- Business Quant data shows VAL-WT's Operating Expenses at $452.2 million in Q1 2026, $500.5 million in Q4 2025, and $469.6 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Noble | 7.46 Bn | 7.01 Bn | 273.38 Mn | 689.21 Mn |
| 2 | Transocean | 6.71 Bn | 5.91 Bn | 358.00 Mn | 812.00 Mn |
| 3 | Patterson Uti Energy | 4.63 Bn | 4.43 Bn | 597.25 Mn | 1.23 Bn |
| 4 | Helmerich & Payne | 4.39 Bn | 4.16 Bn | 349.94 Mn | 846.65 Mn |
| 5 | Seadrill | 2.96 Bn | 2.60 Bn | 234.00 Mn | 377.00 Mn |
| 6 | Borr Drilling | 1.36 Bn | 1.14 Bn | - | 232.10 Mn |
| 7 | Nabors Industries | 1.30 Bn | 792.72 Mn | 309.38 Mn | 802.04 Mn |
| 8 | Precision Drilling | 1.15 Bn | 1.10 Bn | 89.29 Mn | 19.12 Mn |
| 9 | Valaris | 886.35 Mn | 345.15 Mn | 123.70 Mn | 498.70 Mn |
| 10 | Sable Offshore | 777.33 Mn | 755.73 Mn | - | 204.02 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |