Valaris Q3 net income rises to $187 million; revenue and adjusted EBITDA fall
Valaris reported third quarter 2025 total operating revenues of $596 million, down from $615 million in the second quarter, and adjusted EBITDA of $163 million, down from $201 million. Net income rose to $187 million from $114 million, helped by a $90 million gain on asset sales, including the sale of jackup VALARIS 247. The company also repurchased $75 million of shares and secured a contract for VALARIS DS-12.
Key points
- Total operating revenues of $596 million, down from $615 million in Q2 2025
- Net income of $187 million, up from $114 million in Q2 2025, including a $90 million gain on asset sales
- Adjusted EBITDA of $163 million, down from $201 million in Q2 2025
- Repurchased $75 million of shares; contract for VALARIS DS-12 with an estimated duration of 350 days
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:05 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 29, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.