Noble (NE-WT) Gross Profit (2021 - 2026)

Noble (NE-WT) reported Gross Profit of $755.6 million for Q1 2026, up 83.22% on a YoY basis from $412.4 million in Q1 2025, and up 157.63% quarter-over-quarter from $293.3 million in Q4 2025.

Noble (NE-WT) Gross Profit (2021 - 2026) Analysis & Trends

Noble has reported Gross Profit for 6 years, with the latest figure at $755.6 million in Q1 2026.

  • For the quarter ending Q1 2026, Gross Profit rose 83.22% year-over-year to $755.6 million; the trailing twelve-month figure through Mar 2026 stood at $2.6 billion (up 492.36% YoY), and the FY2025 full-year result was $1.4 billion, changed 0.05% from the prior year.
  • Gross Profit for Q1 2026 stood at $755.6 million, up from $293.3 million in the prior quarter.
  • The five-year high for Gross Profit was $820.3 million in Q2 2025, with the low at -$690.6 million in Q4 2024.
  • Historically, Gross Profit has averaged $356.3 million across 5 years, with a median of $366.4 million in 2024.
  • Annual changes were most pronounced in 2023 — Gross Profit soared 1222.96% — and 2024, when it plunged 211.6%.
  • Noble's Gross Profit stood at -$237.4 million in 2022, then jumped by 360.66% to $618.8 million in 2023, then sank by 211.6% to -$690.6 million in 2024, then surged by 142.47% to $293.3 million in 2025, then soared by 157.63% to $755.6 million in 2026.
  • The last three Gross Profit figures came in at $755.6 million (Q1 2026), $293.3 million (Q4 2025), and $767.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Precision Drilling 153.75 Bn 153.69 Bn 120.82 Mn
2 Noble 7.23 Bn 6.56 Bn 755.58 Mn
3 Transocean 6.52 Bn 5.90 Bn 475.00 Mn
4 Patterson Uti Energy 4.41 Bn 4.07 Bn 535.85 Mn
5 Helmerich & Payne 3.80 Bn 3.70 Bn 907.56 Mn
6 Seadrill 2.73 Bn 2.40 Bn 177.00 Mn
7 Sable Offshore 1.70 Bn 1.65 Bn -66.76 Mn
8 Borr Drilling 1.40 Bn 1.16 Bn -
9 Nabors Industries 1.38 Bn 1.26 Bn 290.08 Mn
10 Noble - - 755.58 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 755.58 Mn
Mar 31, 2026 755.58 Mn
Dec 31, 2025 293.28 Mn
Dec 31, 2025 293.28 Mn
Sep 30, 2025 767.47 Mn
Sep 30, 2025 767.47 Mn
Jun 30, 2025 820.29 Mn
Jun 30, 2025 820.29 Mn
Mar 31, 2025 412.39 Mn
Mar 31, 2025 412.39 Mn
Dec 31, 2024 -690.63 Mn
Dec 31, 2024 -690.63 Mn
Sep 30, 2024 366.36 Mn
Sep 30, 2024 366.36 Mn
Jun 30, 2024 356.99 Mn
Jun 30, 2024 356.99 Mn
Mar 31, 2024 619.40 Mn
Mar 31, 2024 619.40 Mn
Dec 31, 2023 618.82 Mn
Dec 31, 2023 618.82 Mn