---
schema_version: "secwatch.filing_event.v1"
accession: "0000314808-25-000122"
form_type: "8-K"
ticker: "VAL"
cik: "0000314808"
company_name: "Valaris Ltd"
filed_at: "2025-07-30T23:59:59+00:00"
generated_at: "2026-05-17T23:17:08.324767+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Valaris Q2 net income $114M, adjusted EBITDA $201M beats guidance

## Summary
- Net income $114M vs net loss $39M in Q1; revenue $615M, revenue efficiency 96%.
- Adjusted EBITDA $201M, above guidance of $140-160M; included $24M arbitration benefit.
- Secured over $1.0B new contract backlog; total backlog ~$4.7B; three 7th-gen drillship awards.
- Agreed to sell jackup VALARIS 247 for ~$108M cash; cash and restricted cash $516M.
- Floater revenues ex-reimbursable $320M; Jackup $212M; ARO Drilling $140M.

## SEC filing metadata
- accession: 0000314808-25-000122
- form_type: 8-K
- ticker: VAL
- cik: 0000314808
- company_name: Valaris Ltd
- filed_at: 2025-07-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/314808/000031480825000122/0000314808-25-000122-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/314808/000031480825000122/val-20250730.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000314808-25-000122
- JSON: https://secwatch.observer/filing/0000314808-25-000122.json
- Plain text: https://secwatch.observer/filing/0000314808-25-000122.txt

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