---
schema_version: "secwatch.filing_event.v1"
accession: "0000314808-25-000025"
form_type: "8-K"
ticker: "VAL"
cik: "0000314808"
company_name: "Valaris Ltd"
filed_at: "2025-02-19T23:59:59+00:00"
generated_at: "2026-05-26T12:38:45.885335+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Valaris Q4 net income $131M; Adjusted EBITDA $142M; adds $120M backlog; to retire three semisubs

## Summary
- Net income $131M, up from $63M in Q3; Adjusted EBITDA $142M, down from $150M sequentially.
- Revenue excl. reimbursables $548M (-9% QoQ); fleet revenue efficiency 96% in Q4, 97% for 2024.
- Generated $125M cash from ops; Free Cash Flow $13M; repurchased $25M of shares in Q4.
- Secured ~$120M backlog including multi-year North Sea jackup contract for VALARIS Stavanger.
- Announced retirement of semisubmersibles DPS-3, DPS-5, DPS-6 and sale of jackup VALARIS 75 for $24M.

## SEC filing metadata
- accession: 0000314808-25-000025
- form_type: 8-K
- ticker: VAL
- cik: 0000314808
- company_name: Valaris Ltd
- filed_at: 2025-02-19T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/314808/000031480825000025/0000314808-25-000025-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/314808/000031480825000025/val-20250219.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000314808-25-000025
- JSON: https://secwatch.observer/filing/0000314808-25-000025.json
- Plain text: https://secwatch.observer/filing/0000314808-25-000025.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.