VAL at a glance
Valaris Ltd (VAL, SEC CIK 314808) filed its latest 10-K annual report on February 20, 2026, a 10-Q quarterly report on August 6, 2026, an 8-K current report on September 30, 2026 and Form 4 insider filings as recently as July 7, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended December 31, 2025 (FY2025), Valaris Ltd (VAL) reported revenue of $11.9 million (up 24.0% from FY2024) and net income of $982.8 million. Diluted EPS was $13.86.
- As of June 30, 2026, 33 institutional investment managers tracked by SignalX reported holding Valaris Ltd (VAL) shares worth $2.2 billion in 13F-HR filings.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $11.9M
- +24.0% vs prior year
- Insiders · 90 days
- 0 buys · 0 sells
- No open-market trades
- 13F holders
- 33 funds
- $2.2B · +0 vs prior quarter
- Latest 8-K
- Sep 30, 2026
- Item 8.01
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Dec 31, 2025
Business Overview
- Core business model: Offshore drilling services with focus on regulatory compliance and environmental safety
- Enhanced emphasis on U.S. and international regulatory, legislative, and operational compliance impacting drilling operations
- Anticipation of global alignment with U.S. safety/environmental regulations increasing operational costs and contractor sanctions risk
- No material adverse effect from environmental laws to date, but potential for significant liability from oil spills or hazardous waste incidents
- Regulatory and judicial responses to incidents may increase liabilities and financial/insurance requirements for the offshore drilling industry
Risk Factors
- Regulatory risk from patent license litigation accrual reversal due to favorable outcome in 2025 impacting contract drilling expenses
- Geopolitical exposure to Middle East market, e.g., Saudi Aramco's recall of seven jackups in 2026 boosting utilization
- Operational risk from multiple idle drillships, including four Valaris units idle pre-return in 2026 creating utilization gaps
- Competitive challenge from aging jackup fleet, with 29% over 40 years old possibly becoming uncompetitive or scrapped
- Financial risk from $27.3 million non-cash impairment loss on retired semisubmersibles and jackups in 2025
Management Discussion & Analysis
- Revenue from Lease Agreements $73.6M in 2025 vs $52.6M in 2024, up $21.0M YoY
- Net income $982.8M in 2025 vs $373.4M in 2024; equity earnings from ARO $8.4M in 2025 vs loss $(11.0)M in 2024
- Best segment: Jackups with sale proceeds $108.0M (VALARIS 247), worst Floaters with $15.8M impairment on VALARIS DPS-1
- Share repurchases $100.0M in 2025, down from $125.0M in 2024; dividends not mentioned; no borrowings on $375M credit line as of 12/31/25
- Management outlook: no specific future guidance disclosed; key risk includes asset impairments and covenant compliance noted
AI summary of the VAL 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Jun 30, 2026
Management Discussion & Analysis
- Quarterly revenue, YoY change, margins, segment performance and cash-flow figures not provided
- Outlook risks: contract delays, rig cancellations, weaker drilling activity, commodity volatility and rising costs
- Liquidity headwinds: financing constraints, debt compliance, capital-expenditure funding and potential Business Combination disruption
Risk Factors
- No Risk Factors section provided; quarter-specific changes cannot be assessed
- Business Combination Agreement with Transocean dated February 9, 2026, potentially constraining share repurchases
- Share repurchase authorization $600.0 million, with approximately $175.0 million remaining as of June 30, 2026
- Repurchases subject to financing-agreement covenants and restrictions
AI summary of the VAL 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 8.01: Other Events
- DOJ Antitrust Division closed its HSR investigation on September 30, removing a key U.S. regulatory obstacle to the merger
- HSR waiting period expired, though shareholder approval and other closing conditions remain outstanding
Item EX-99.1: Item EX-99.1
- Q2 revenue $539.2M, net income $47.0M, and Adjusted EBITDA $96.5M, reversing Q1’s $18.0M net loss
- Floater revenue rose 47% to $279.0M as three drillships started contracts, signaling improving utilization and earnings momentum
Item 7.01: Regulation FD Disclosure
- Fleet Status Report dated August 5, 2026, furnished as Exhibit 99.1
- Drilling-fleet updates may affect contracted backlog, utilization, revenue visibility, and valuation
Item EX-99.1: Item EX-99.1
- Contract backlog increased by more than $160 million to approximately $4.6 billion as of August 5, 2026
- VALARIS 248 secured a 1,080-day plug-and-abandonment contract worth approximately $140 million, supporting long-term jackup utilization
AI summaries of VAL 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for VAL
Don't miss the next VAL filing
- Alerts as it files. A push when VAL files an 8-K or an insider trades.
- Fund moves. Which tracked funds opened, added or cut VAL, by share count.
- Ask anything. An AI agent that reads every VAL filing and answers with sources.
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Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| Barron Melissa | F | Jul 3, 2026 | 260 | $75.35 |
| Barron Melissa | F | Jul 1, 2026 | 735 | $72.46 |
| Barron Melissa | A | Jul 1, 2026 | 8,673 | - |
| Johansen Kristian | M | Jun 10, 2026 | 4,860 | - |
| Hughes Catherine | F | Jun 10, 2026 | 397 | $88.98 |
| FAGERSTAL DICK | A | Jun 10, 2026 | 2,391 | - |
| LEYKUM ELIZABETH | A | Jun 10, 2026 | 2,849 | - |
| LEYKUM ELIZABETH | M | Jun 10, 2026 | 6,978 | - |
Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Profitability | |||
| Revenue | - | $9.6M | $11.9M |
| Operating Income | - | $352.3M | $477.0M |
| Net Income | $865.4M | $373.4M | $982.8M |
| Op. Margin | - | 3669.8% | 4008.4% |
| Net Margin | - | 3889.6% | 8258.8% |
| Balance Sheet | |||
| Total Assets | $4.3B | $4.4B | $5.3B |
| Equity | - | $2.2B | $3.2B |
| ROE | - | 16.7% | 31.0% |
| Per Share | |||
| EPS | $11.51 | $5.12 | $13.86 |
| Cash Flow | |||
| Operating CF | - | $355.4M | $546.2M |
| CapEx | $696.1M | $455.1M | $343.5M |
Source: XBRL data in Valaris Ltd (VAL)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate VAL share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 33 | $2.22B |
| Q1 2026 | 33 | $2.82B |
| Q4 2025 | 31 | $1.33B |
| Q3 2025 | 31 | $1.40B |
| Q2 2025 | 30 | $1.19B |
| Q1 2025 | 28 | $843.4M |
| Q4 2024 | 24 | $878.6M |
| Q3 2024 | 21 | $415.2M |
- Citadel Advisors LLC+515.9K (+3411%)
- Bridgewater Associates LP+285.8K (+796%)
- Bank of America Corp+261.8K (+49%)
- JPMorgan Chase & Co+231.1K (+96%)
- Citigroup+221.7K (+39%)
- Invesco Ltd−163.2K (-34%)
- Renaissance Technologies LLC−95.3K (-59%)
- AQR Capital Management−43.2K (-55%)
- Raymond James Financial−41.6K (-90%)
- PNC Financial Services−24.5K (-78%)
- Two Sigma Investments+24.6K
- Mangrove Partners−5.9K
Source: 13F-HR filings on SEC EDGAR (aggregated from 231 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
VAL filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 8-K | Sep 30, 2026 | - | Analysis | - |
| 10-Q | Aug 6, 2026 | Jun 30, 2026 | Analysis | |
| 8-K | Aug 5, 2026 | - | Analysis | - |
| 8-K | Aug 5, 2026 | - | Analysis | - |
| 4 | Jul 7, 2026 | - | - | - |
| 4 | Jul 2, 2026 | - | - | - |
| 8-K | Jul 1, 2026 | - | Analysis | - |
| 4 | Jun 12, 2026 | - | - | - |
| 4 | Jun 12, 2026 | - | - | - |
| 4 | Jun 12, 2026 | - | - | - |
| 4 | Jun 12, 2026 | - | - | - |
| 4 | Jun 12, 2026 | - | - | - |
| 8-K | Jun 10, 2026 | - | Analysis | |
| 8-K | May 5, 2026 | - | Analysis | - |
| 10-Q | May 5, 2026 | Mar 31, 2026 | Analysis | |
| 8-K | May 4, 2026 | - | Analysis | - |
| 8-K | May 4, 2026 | - | Analysis | - |
| 4 | Apr 9, 2026 | - | - | - |
| 4 | Apr 9, 2026 | - | - | - |
| 4 | Apr 9, 2026 | - | - | - |
| 4 | Apr 9, 2026 | - | - | - |
| 4 | Apr 9, 2026 | - | - | - |
| 4 | Apr 2, 2026 | - | - | - |
| 4 | Mar 9, 2026 | - | - | - |
| 4 | Mar 9, 2026 | - | - | - |
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VAL SEC filings: frequently asked questions
Which institutions hold VAL stock?
As of June 30, 2026, the largest Valaris Ltd (VAL) holders among the 13F filers tracked by SignalX were BlackRock ($596.3 million), Dimensional Fund Advisors ($247.1 million), Vanguard Portfolio Management LLC ($210.9 million), Vanguard Capital Management LLC ($189.1 million), State Street Corp ($183.1 million). 13F-HR reports are filed up to 45 days after each quarter ends.
What was VAL's revenue in fiscal year 2025?
For the fiscal year ended December 31, 2025 (FY2025), Valaris Ltd (VAL) reported revenue of $11.9 million (up 24.0% from FY2024) and net income of $982.8 million. Diluted EPS was $13.86. The figures come from the XBRL data in the 10-K.
What are the main risks in VAL's latest 10-K?
In the 10-K filed February 20, 2026, Valaris Ltd (VAL) flagged: Regulatory risk from patent license litigation accrual reversal due to favorable outcome in 2025 impacting contract drilling expenses. Geopolitical exposure to Middle East market, e.g., Saudi Aramco's recall of seven jackups in 2026 boosting utilization. (AI summary of the Risk Factors section.)
What did VAL report in its latest 8-K?
Valaris Ltd (VAL) filed an 8-K on September 30, 2026 reporting Item 8.01 (Other Events). DOJ Antitrust Division closed its HSR investigation on September 30, removing a key U.S. regulatory obstacle to the merger.
What are the latest VAL SEC filings?
Valaris Ltd (VAL) filed its latest 10-K annual report on February 20, 2026, a 10-Q quarterly report on August 6, 2026, an 8-K current report on September 30, 2026 and a Form 4 insider filing on July 7, 2026.
What is VAL's SEC CIK number?
Valaris Ltd (VAL)'s SEC Central Index Key (CIK) is 314808. EDGAR lists every VAL filing under that number.
Ask anything about VAL
The research agent reads VAL's filings, financials, insider trades and 13F holders, then answers with sources.