Valaris (VAL) Operating Expenses (2009 - 2026)

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 was $452.2 million for Q1 2026 at Valaris, down from $500.5 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $524.4 million in Q3 2024 to a low of $372.6 million in Q1 2022.
• Historically, Operating Expenses has averaged $452.1 million across 5 years, with a median of $452.2 million in 2026.
• Biggest YoY gain for Operating Expenses was 159.55% in 2022; the steepest drop was 52.72% in 2022.
• A 5-year view of Operating Expenses shows it stood at $401.1 million in 2022, then rose by 13.14% to $453.8 million in 2023, then advanced by 4.87% to $475.9 million in 2024, then increased by 5.17% to $500.5 million in 2025, then dropped by 9.65% to $452.2 million in 2026.
• The last three Operating Expenses figures came in at $452.2 million (Q1 2026), $500.5 million (Q4 2025), and $469.6 million (Q3 2025), per Business Quant data.