Flagship explainer

How Valaris Limited makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$11.9M · 100%Cost of revenue$1.6B · 13695%Gross profit−$1.6B · −13595%Operating income$477M · 4008%Income before tax$552M · 4641%Income tax−$427M · −3587%Net income$983M · 8259%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$11.9M100%
Cost of revenue$1.6B13695%
−$1.6B−13595%
$477M4008%
Income before tax$552M4641%
Income tax−$427M−3587%
$983M8259%
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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