vs

Side-by-side financial comparison of Falcon's Beyond Global, Inc. (FBYD) and Valaris Ltd (VAL). Click either name above to swap in a different company.

Falcon's Beyond Global, Inc. is the larger business by last-quarter revenue ($6.6M vs $5.2M, roughly 1.3× Valaris Ltd). Valaris Ltd runs the higher net margin — 13798.1% vs -4.5%, a 13802.6% gap on every dollar of revenue. On growth, Valaris Ltd posted the faster year-over-year revenue change (405.9% vs 383.5%). Falcon's Beyond Global, Inc. produced more free cash flow last quarter ($-4.3M vs $-34.1M). Over the past eight quarters, Falcon's Beyond Global, Inc.'s revenue compounded faster (108.4% CAGR vs 29.5%).

500 Global is an early-stage venture fund and seed accelerator founded in 2010 by Dave McClure and Christine Tsai. The fund admitted a first "class" of twelve startups to its incubator office in Mountain View, California in February 2011. They expanded to a second class of 21 in June 2011 and a third class of 34 in October 2011. 500 Global has $2.3 billion in assets under management (AUM) as of March 2024.

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.

FBYD vs VAL — Head-to-Head

Bigger by revenue
FBYD
FBYD
1.3× larger
FBYD
$6.6M
$5.2M
VAL
Growing faster (revenue YoY)
VAL
VAL
+22.4% gap
VAL
405.9%
383.5%
FBYD
Higher net margin
VAL
VAL
13802.6% more per $
VAL
13798.1%
-4.5%
FBYD
More free cash flow
FBYD
FBYD
$29.8M more FCF
FBYD
$-4.3M
$-34.1M
VAL
Faster 2-yr revenue CAGR
FBYD
FBYD
Annualised
FBYD
108.4%
29.5%
VAL

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FBYD
FBYD
VAL
VAL
Revenue
$6.6M
$5.2M
Net Profit
$-296.0K
$717.5M
Gross Margin
-7850.0%
Operating Margin
-30.9%
Net Margin
-4.5%
13798.1%
Revenue YoY
383.5%
405.9%
Net Profit YoY
97.5%
436.6%
EPS (diluted)
$-0.01
$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
FBYD
FBYD
VAL
VAL
Q4 25
$6.6M
$5.2M
Q3 25
$4.1M
$5.6M
Q2 25
$2.5M
$700.0K
Q1 25
$1.7M
Q4 24
$1.4M
$-1.7M
Q3 24
$2.1M
$3.9M
Q2 24
$1.8M
$4.8M
Q1 24
$1.5M
$2.6M
Net Profit
FBYD
FBYD
VAL
VAL
Q4 25
$-296.0K
$717.5M
Q3 25
$-10.4M
$188.1M
Q2 25
$25.1M
$115.1M
Q1 25
$-8.1M
Q4 24
$-11.9M
$133.7M
Q3 24
$39.3M
$64.6M
Q2 24
$8.0M
$149.6M
Q1 24
$114.0M
$25.5M
Gross Margin
FBYD
FBYD
VAL
VAL
Q4 25
-7850.0%
Q3 25
-7142.9%
Q2 25
-56428.6%
Q1 25
Q4 24
24529.4%
Q3 24
-11748.7%
Q2 24
-9039.6%
Q1 24
-17007.7%
Operating Margin
FBYD
FBYD
VAL
VAL
Q4 25
-30.9%
Q3 25
-90.9%
Q2 25
-53.0%
Q1 25
-371.1%
Q4 24
-335.6%
Q3 24
-118.9%
Q2 24
-195.9%
Q1 24
-350.5%
Net Margin
FBYD
FBYD
VAL
VAL
Q4 25
-4.5%
13798.1%
Q3 25
-256.8%
3358.9%
Q2 25
985.2%
16442.9%
Q1 25
-473.8%
Q4 24
-871.7%
-7864.7%
Q3 24
1899.5%
1656.4%
Q2 24
446.5%
3116.7%
Q1 24
7521.4%
980.8%
EPS (diluted)
FBYD
FBYD
VAL
VAL
Q4 25
$-0.01
$10.13
Q3 25
$-0.13
$2.65
Q2 25
$0.30
$1.61
Q1 25
$-0.13
Q4 24
$-0.25
$1.86
Q3 24
$0.39
$0.88
Q2 24
$0.00
$2.03
Q1 24
$1.27
$0.35

Balance Sheet & Financial Strength

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

Metric
FBYD
FBYD
VAL
VAL
Cash + ST InvestmentsLiquidity on hand
$1.9M
$599.4M
Total DebtLower is stronger
$15.6M
Stockholders' EquityBook value
$11.9M
$3.2B
Total Assets
$66.7M
$5.3B
Debt / EquityLower = less leverage
1.31×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FBYD
FBYD
VAL
VAL
Q4 25
$1.9M
$599.4M
Q3 25
$4.3M
$662.7M
Q2 25
$26.1M
$503.4M
Q1 25
$1.1M
Q4 24
$825.0K
$368.2M
Q3 24
$828.0K
$379.3M
Q2 24
$1.7M
$398.3M
Q1 24
$1.1M
$494.1M
Total Debt
FBYD
FBYD
VAL
VAL
Q4 25
$15.6M
Q3 25
Q2 25
Q1 25
Q4 24
$41.2M
Q3 24
$10.3M
Q2 24
$15.7M
Q1 24
$15.1M
Stockholders' Equity
FBYD
FBYD
VAL
VAL
Q4 25
$11.9M
$3.2B
Q3 25
$9.2M
$2.4B
Q2 25
$414.0K
$2.3B
Q1 25
$-11.6M
Q4 24
$-9.0M
$2.2B
Q3 24
$-1.4M
$2.1B
Q2 24
$-44.7M
$2.2B
Q1 24
$-61.7M
$2.0B
Total Assets
FBYD
FBYD
VAL
VAL
Q4 25
$66.7M
$5.3B
Q3 25
$66.8M
$4.6B
Q2 25
$89.2M
$4.5B
Q1 25
$56.7M
Q4 24
$61.2M
$4.4B
Q3 24
$66.5M
$4.3B
Q2 24
$65.9M
$4.4B
Q1 24
$67.8M
$4.4B
Debt / Equity
FBYD
FBYD
VAL
VAL
Q4 25
1.31×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

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

Metric
FBYD
FBYD
VAL
VAL
Operating Cash FlowLast quarter
$-4.3M
$72.2M
Free Cash FlowOCF − Capex
$-4.3M
$-34.1M
FCF MarginFCF / Revenue
-66.0%
-655.8%
Capex IntensityCapex / Revenue
0.3%
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
FBYD
FBYD
VAL
VAL
Q4 25
$-4.3M
$72.2M
Q3 25
$-13.3M
$198.1M
Q2 25
$-7.9M
$120.0M
Q1 25
$945.0K
Q4 24
$-3.8M
$124.6M
Q3 24
$-2.4M
$193.0M
Q2 24
$-2.6M
$11.5M
Q1 24
$-3.8M
$26.3M
Free Cash Flow
FBYD
FBYD
VAL
VAL
Q4 25
$-4.3M
$-34.1M
Q3 25
$-13.4M
$128.3M
Q2 25
$52.8M
Q1 25
$853.0K
Q4 24
$-3.8M
$12.9M
Q3 24
$-2.4M
$111.1M
Q2 24
$-2.6M
$-98.7M
Q1 24
$-3.8M
$-125.0M
FCF Margin
FBYD
FBYD
VAL
VAL
Q4 25
-66.0%
-655.8%
Q3 25
-329.6%
2291.1%
Q2 25
7542.9%
Q1 25
49.9%
Q4 24
-278.7%
-758.8%
Q3 24
-114.9%
2848.7%
Q2 24
-145.6%
-2056.3%
Q1 24
-248.8%
-4807.7%
Capex Intensity
FBYD
FBYD
VAL
VAL
Q4 25
0.3%
2044.2%
Q3 25
1.0%
1246.4%
Q2 25
0.0%
9600.0%
Q1 25
5.4%
Q4 24
0.1%
-6570.6%
Q3 24
0.2%
2100.0%
Q2 24
0.1%
2295.8%
Q1 24
0.3%
5819.2%
Cash Conversion
FBYD
FBYD
VAL
VAL
Q4 25
0.10×
Q3 25
1.05×
Q2 25
-0.31×
1.04×
Q1 25
Q4 24
0.93×
Q3 24
-0.06×
2.99×
Q2 24
-0.33×
0.08×
Q1 24
-0.03×
1.03×

Financial Flow Comparison

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

Related Comparisons