# Valaris (VAL) — Earnings

VAL · NYSE · Stock

Canonical page: https://www.lighthorse.io/tickers/val/earnings

## Most recent quarter

| Metric | Value |
| --- | --- |
| Fiscal period | Q2 2026 |
| Period end | Jun 30, 2026 |
| EPS actual | $0.72 |
| EPS estimate | $0.32 |
| EPS surprise | +122.70% |
| Revenue surprise | +10.89% |
| Revenue | $539.2M |
| Revenue estimate | $486.2M |
| Reported | Aug 5, 2026 |
| SEC filing | [View filing](https://www.sec.gov:443/Archives/edgar/data/314808/000031480826000141/val-20260630.htm) |

Valaris reported Q2 2026 results on August 5, 2026. Earnings per share were $0.72, well ahead of the $0.32 estimate, a beat of 122.70%. Revenue was $539.2 million, about 11% above the $486.2 million consensus. Compared with Q2 2025, EPS fell about 55% from $1.61 and revenue fell about 12% from $615.2 million.

Earnings in the table are highly uneven. Two quarters stand far above the rest: Q4 2023 at $11.30 per share and Q4 2025 at $10.26. They drive annual EPS of $11.69 in 2023 and $13.99 in 2025, against $2.33 in 2022 and $5.14 in 2024. Valaris posted losses in five of the last 20 quarters, most recently a loss of $0.24 in Q1 2026. Revenue grew from $1.60 billion in 2022 to $2.36 billion in 2024 and held at $2.37 billion in 2025. The first half of 2026 adds up to $0.48 per share. Valaris beat the EPS estimate in 13 of the last 20 quarters.

Valaris reported Q3 between October 29 and November 7 in each of the past five years. That points to late October or early November 2026 for the next report. It will show whether revenue holds near the Q2 level.

## Earnings history

| Fiscal period | Report date | EPS estimate | EPS actual | Surprise | Revenue estimate | Revenue actual |
| --- | --- | --- | --- | --- | --- | --- |
| Q2 2026 | Aug 5, 2026 | $0.32 | $0.72 | 122.70% | $486.2M | $539.2M |
| Q1 2026 | May 4, 2026 | −$0.04 | −$0.24 | -541.71% | $443.8M | $465.4M |
| Q4 2025 | Feb 19, 2026 | $0.46 | $10.26 | 2150.99% | $495.3M | $537.4M |
| Q3 2025 | Oct 29, 2025 | $1.02 | $2.65 | 159.88% | $567.5M | $595.7M |
| Q2 2025 | Jul 30, 2025 | $1.26 | $1.61 | 27.73% | $582.4M | $615.2M |
| Q1 2025 | Apr 30, 2025 | $1.23 | −$0.53 | -143.15% | $587.3M | $620.7M |
| Q4 2024 | Feb 19, 2025 | $1.05 | $1.88 | 79.41% | $578.2M | $584.4M |
| Q3 2024 | Oct 30, 2024 | $0.99 | $0.88 | -11.25% | $612.1M | $643.1M |
| Q2 2024 | Jul 31, 2024 | $0.71 | $2.03 | 187.49% | $578.2M | $610.1M |
| Q1 2024 | May 2, 2024 | −$0.08 | $0.35 | 553.37% | $498.5M | $525.0M |
| Q4 2023 | Feb 22, 2024 | $0.11 | $11.30 | 10229.07% | $483.5M | $483.8M |
| Q3 2023 | Nov 7, 2023 | $0.18 | $0.17 | -4.17% | $469.0M | $455.1M |
| Q2 2023 | Aug 2, 2023 | −$0.27 | −$0.39 | -45.74% | $404.5M | $415.2M |
| Q1 2023 | May 2, 2023 | −$0.32 | $0.61 | 291.88% | $409.4M | $430.1M |
| Q4 2022 | Feb 21, 2023 | $0.45 | $0.38 | -15.24% | $428.1M | $433.6M |
| Q3 2022 | Nov 1, 2022 | $0.42 | $0.98 | 133.00% | $430.1M | $437.2M |
| Q2 2022 | Aug 2, 2022 | −$0.07 | $1.48 | 2119.10% | $364.8M | $413.3M |
| Q1 2022 | May 3, 2022 | −$0.66 | −$0.51 | 22.96% | $298.6M | $318.4M |
| Q4 2021 | Feb 22, 2022 | −$0.40 | $0.37 | 193.32% | $314.9M | $305.5M |
| Q3 2021 | Nov 2, 2021 | −$0.23 | −$0.73 | -220.74% | $331.0M | $326.7M |

## Frequently Asked Questions

### When did Valaris (VAL) last report earnings?

Valaris last reported on Aug 5, 2026, covering fiscal Q2 2026.

### Did VAL beat earnings estimates?

Yes. Valaris reported EPS of $0.72 for Q2 2026 against a $0.32 estimate — a 122.70% beat.

### How much revenue did VAL report last quarter?

Valaris reported $539.2M in revenue for Q2 2026, against a consensus estimate of $486.2M.

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Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).