10-Q quarterly report · filed Aug 6, 2026

Valaris Ltd (VAL) Q2 2026 10-Q Quarterly Report

Short answer

Valaris Ltd (VAL) filed its Q2 2026 10-Q quarterly report on Aug 6, 2026 for the quarter ended Jun 30, 2026. Quarterly revenue was $3M (up 342.9% year over year) with net income of $50M.

Q2 2026 key financials · XBRL

Revenue
$3M
+342.9% YoY · −58.7% QoQ
Net income
$50M
−56.2% YoY · +407.3% QoQ
Operating margin
1648.4%
EPS (diluted)
$0.72
−55.3% YoY · +400.0% QoQ

Source: XBRL data from the Valaris Ltd (VAL) Q2 2026 10-Q on SEC EDGAR. USD.

Valaris Ltd Q2 2026 10-Q analysis

AI summary of MD&A and risk factor updates

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

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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