Valaris (VAL) Cost of Revenue (2009 - 2026)

Valaris' Cost of Revenue history runs 17 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 was $373.4 million for Q1 2026 at Valaris, down from $413.4 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $462.1 million in Q3 2024 to a low of $331.3 million in Q1 2022.
• Historically, Cost of Revenue has averaged $393.6 million across 5 years, with a median of $395.7 million in 2025.
• The sharpest annual moves came in 2022 and 2024: Cost of Revenue plunged 51.19% in 2022, then advanced 18.21% in 2024.
• A 5-year view of Cost of Revenue shows it stood at $353.4 million in 2022, then increased by 13.75% to $402.0 million in 2023, then increased by 3.31% to $415.3 million in 2024, then decreased by 0.46% to $413.4 million in 2025, then retreated by 9.68% to $373.4 million in 2026.
• The last three Cost of Revenue figures came in at $373.4 million (Q1 2026), $413.4 million (Q4 2025), and $405.6 million (Q3 2025), per Business Quant data.