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
DateValue
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%