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| Date | Value |
|---|---|
| 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 |