Noble Corp plc (NE-WT) Gross Margin (2021 - 2026)
Noble's (NE-WT) quarterly Gross Margin came in at 37.99% in Q2 2026, down 281.0% YoY from 20.99% in Q2 2025, and down 11.06% on a QoQ basis from 42.71% in Q1 2026.
Noble Corp plc (NE-WT) Gross Margin (2021 - 2026) Analysis & Trends
Noble (NE-WT) has 6 years of Gross Margin data on file, last reported at 37.99% in Q2 2026.
- Quarterly Gross Margin fell 281.0% year-over-year to 37.99% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 39.78% (down 441.0% YoY) and the FY2025 annual result came in at 41.7%, down 313.0% from the prior year.
- Gross Margin eased to 37.99% in Q2 2026, from 42.71% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 51.53% in Q2 2024 to a low of 21.0% in Q1 2022.
- A 5-year average of 40.98% and a median of 40.97% in 2022 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2022 — Gross Margin soared 2886 bps — and 2025, when it sank 1073 bps.
- Tracing NE-WT's Gross Margin over 5 years: stood at 41.15% in 2022, then grew by 2 bps to 41.87% in 2023, then advanced by 3 bps to 43.14% in 2024, then declined by 11 bps to 38.37% in 2025, then dropped by 1 bps to 37.99% in 2026.
- The last three Gross Margin figures came in at 37.99% (Q2 2026), 42.71% (Q1 2026), and 38.37% (Q4 2025), per Business Quant data.
Peer Comparison
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 37.99% |
| Mar 31, 2026 | 42.71% |
| Dec 31, 2025 | 38.37% |
| Sep 30, 2025 | 39.86% |
| Jun 30, 2025 | 40.80% |
| Mar 31, 2025 | 47.16% |
| Dec 31, 2024 | 43.14% |
| Sep 30, 2024 | 45.76% |
| Jun 30, 2024 | 51.53% |
| Mar 31, 2024 | 38.80% |
| Dec 31, 2023 | 41.87% |
| Sep 30, 2023 | 49.22% |
| Jun 30, 2023 | 43.22% |
| Mar 31, 2023 | 40.70% |
| Dec 31, 2022 | 41.15% |
| Sep 30, 2022 | 39.03% |
| Jun 30, 2022 | 35.26% |
| Mar 31, 2022 | 21.00% |
| Dec 31, 2021 | 12.29% |
| Sep 30, 2021 | 24.69% |