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Side-by-side financial comparison of AWARE INC (AWRE) and Valaris Ltd (VAL). Click either name above to swap in a different company.

Valaris Ltd is the larger business by last-quarter revenue ($5.2M vs $3.4M, roughly 1.5× AWARE INC). On growth, Valaris Ltd posted the faster year-over-year revenue change (405.9% vs -6.2%). Over the past eight quarters, Valaris Ltd's revenue compounded faster (29.5% CAGR vs -11.5%).

AWARE Inc. is a technology firm specializing in biometric software and identity verification solutions. It develops fingerprint, facial, and iris recognition tools, serving government agencies, financial institutions, and enterprise clients primarily across North America and global regulated markets.

Valaris Limited is an offshore drilling contractor headquartered in Houston, Texas, and incorporated in Bermuda. It is the largest offshore drilling and well drilling company in the world. As of February 2025, it owned 52 rigs, including 36 offshore jackup rigs, 11 drillships, and 5 semi-submersible platform drilling rigs.

AWRE vs VAL — Head-to-Head

Bigger by revenue
VAL
VAL
1.5× larger
VAL
$5.2M
$3.4M
AWRE
Growing faster (revenue YoY)
VAL
VAL
+412.0% gap
VAL
405.9%
-6.2%
AWRE
Faster 2-yr revenue CAGR
VAL
VAL
Annualised
VAL
29.5%
-11.5%
AWRE

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
AWRE
AWRE
VAL
VAL
Revenue
$3.4M
$5.2M
Net Profit
$717.5M
Gross Margin
90.1%
-7850.0%
Operating Margin
-107.8%
Net Margin
13798.1%
Revenue YoY
-6.2%
405.9%
Net Profit YoY
436.6%
EPS (diluted)
$10.13

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AWRE
AWRE
VAL
VAL
Q1 26
$3.4M
Q4 25
$4.7M
$5.2M
Q3 25
$5.1M
$5.6M
Q2 25
$3.9M
$700.0K
Q1 25
$3.6M
Q4 24
$4.8M
$-1.7M
Q3 24
$3.8M
$3.9M
Q2 24
$4.3M
$4.8M
Net Profit
AWRE
AWRE
VAL
VAL
Q1 26
Q4 25
$-1.5M
$717.5M
Q3 25
$-1.1M
$188.1M
Q2 25
$-1.8M
$115.1M
Q1 25
$-1.6M
Q4 24
$-1.2M
$133.7M
Q3 24
$-1.2M
$64.6M
Q2 24
$-1.1M
$149.6M
Gross Margin
AWRE
AWRE
VAL
VAL
Q1 26
90.1%
Q4 25
94.7%
-7850.0%
Q3 25
90.4%
-7142.9%
Q2 25
91.3%
-56428.6%
Q1 25
93.2%
Q4 24
99.6%
24529.4%
Q3 24
93.0%
-11748.7%
Q2 24
93.8%
-9039.6%
Operating Margin
AWRE
AWRE
VAL
VAL
Q1 26
-107.8%
Q4 25
-31.1%
Q3 25
-25.2%
Q2 25
-50.3%
Q1 25
-51.3%
Q4 24
-30.7%
Q3 24
-38.1%
Q2 24
-31.0%
Net Margin
AWRE
AWRE
VAL
VAL
Q1 26
Q4 25
-31.2%
13798.1%
Q3 25
-20.5%
3358.9%
Q2 25
-45.4%
16442.9%
Q1 25
-44.3%
Q4 24
-24.8%
-7864.7%
Q3 24
-30.3%
1656.4%
Q2 24
-25.2%
3116.7%
EPS (diluted)
AWRE
AWRE
VAL
VAL
Q1 26
Q4 25
$-0.07
$10.13
Q3 25
$-0.05
$2.65
Q2 25
$-0.08
$1.61
Q1 25
$-0.08
Q4 24
$-0.05
$1.86
Q3 24
$-0.06
$0.88
Q2 24
$-0.05
$2.03

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AWRE
AWRE
VAL
VAL
Cash + ST InvestmentsLiquidity on hand
$4.6M
$599.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$3.2B
Total Assets
$33.2M
$5.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AWRE
AWRE
VAL
VAL
Q1 26
$4.6M
Q4 25
$7.3M
$599.4M
Q3 25
$6.3M
$662.7M
Q2 25
$7.3M
$503.4M
Q1 25
$8.5M
Q4 24
$13.0M
$368.2M
Q3 24
$11.2M
$379.3M
Q2 24
$11.5M
$398.3M
Stockholders' Equity
AWRE
AWRE
VAL
VAL
Q1 26
Q4 25
$26.1M
$3.2B
Q3 25
$27.2M
$2.4B
Q2 25
$28.1M
$2.3B
Q1 25
$29.5M
Q4 24
$30.9M
$2.2B
Q3 24
$31.9M
$2.1B
Q2 24
$32.6M
$2.2B
Total Assets
AWRE
AWRE
VAL
VAL
Q1 26
$33.2M
Q4 25
$37.2M
$5.3B
Q3 25
$40.3M
$4.6B
Q2 25
$38.1M
$4.5B
Q1 25
$39.9M
Q4 24
$42.6M
$4.4B
Q3 24
$43.7M
$4.3B
Q2 24
$43.2M
$4.4B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AWRE
AWRE
VAL
VAL
Operating Cash FlowLast quarter
$72.2M
Free Cash FlowOCF − Capex
$-34.1M
FCF MarginFCF / Revenue
-655.8%
Capex IntensityCapex / Revenue
2044.2%
Cash ConversionOCF / Net Profit
0.10×
TTM Free Cash FlowTrailing 4 quarters
$159.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AWRE
AWRE
VAL
VAL
Q1 26
Q4 25
$1.0M
$72.2M
Q3 25
$-2.4M
$198.1M
Q2 25
$-1.2M
$120.0M
Q1 25
$-2.9M
Q4 24
$683.0K
$124.6M
Q3 24
$-765.0K
$193.0M
Q2 24
$-668.0K
$11.5M
Free Cash Flow
AWRE
AWRE
VAL
VAL
Q1 26
Q4 25
$926.0K
$-34.1M
Q3 25
$128.3M
Q2 25
$52.8M
Q1 25
$-3.0M
Q4 24
$12.9M
Q3 24
$111.1M
Q2 24
$-98.7M
FCF Margin
AWRE
AWRE
VAL
VAL
Q1 26
Q4 25
19.9%
-655.8%
Q3 25
2291.1%
Q2 25
7542.9%
Q1 25
-82.7%
Q4 24
-758.8%
Q3 24
2848.7%
Q2 24
-2056.3%
Capex Intensity
AWRE
AWRE
VAL
VAL
Q1 26
Q4 25
2.6%
2044.2%
Q3 25
0.0%
1246.4%
Q2 25
0.0%
9600.0%
Q1 25
1.2%
Q4 24
-6570.6%
Q3 24
0.0%
2100.0%
Q2 24
2295.8%
Cash Conversion
AWRE
AWRE
VAL
VAL
Q1 26
Q4 25
0.10×
Q3 25
1.05×
Q2 25
1.04×
Q1 25
Q4 24
0.93×
Q3 24
2.99×
Q2 24
0.08×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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