Noble (NE-WT) Interest Expenses (2021 - 2026)

Noble (NE-WT) reported Interest Expenses of $40.6 million for Q1 2026, little changed on a YoY basis from $40.5 million in Q1 2025, and down 2.15% quarter-over-quarter from $41.4 million in Q4 2025.

Noble (NE-WT) Interest Expenses (2021 - 2026) Analysis & Trends

Noble has reported Interest Expenses for 6 years, with the latest figure at $40.6 million in Q1 2026.

  • For the quarter ending Q1 2026, Interest Expenses changed 0.23% year-over-year to $40.6 million; the trailing twelve-month figure through Mar 2026 stood at $162.5 million (up 38.73% YoY), and the FY2025 full-year result was $162.4 million, up 72.38% from the prior year.
  • Interest Expenses for Q1 2026 stood at $40.6 million, down from $41.4 million in the prior quarter.
  • The five-year high for Interest Expenses was $41.4 million in Q4 2025, with the low at $7.7 million in Q1 2022.
  • Historically, Interest Expenses has averaged $23.5 million across 5 years, with a median of $17.5 million in 2024.
  • Annual changes were most pronounced in 2023 — Interest Expenses declined 24.68% — and 2025, when it surged 233.42%.
  • Noble's Interest Expenses stood at $19.4 million in 2022, then dropped by 24.68% to $14.6 million in 2023, then surged by 172.05% to $39.7 million in 2024, then gained by 4.35% to $41.4 million in 2025, then fell by 2.15% to $40.6 million in 2026.
  • The last three Interest Expenses figures came in at $40.6 million (Q1 2026), $41.4 million (Q4 2025), and $40.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 Precision Drilling 153.75 Bn 153.69 Bn 120.82 Mn 9.01 Mn
2 Noble 7.23 Bn 6.56 Bn 755.58 Mn 40.56 Mn
3 Transocean 6.52 Bn 5.90 Bn 475.00 Mn 276.00 Mn
4 Patterson Uti Energy 4.41 Bn 4.07 Bn 535.85 Mn 17.49 Mn
5 Helmerich & Payne 3.80 Bn 3.70 Bn 907.56 Mn 25.81 Mn
6 Seadrill 2.73 Bn 2.40 Bn 177.00 Mn 15.00 Mn
7 Sable Offshore 1.70 Bn 1.65 Bn -66.76 Mn 34.67 Mn
8 Borr Drilling 1.40 Bn 1.16 Bn - -63.20 Mn
9 Nabors Industries 1.38 Bn 1.26 Bn 290.08 Mn 43.76 Mn
10 Noble - - 755.58 Mn 40.56 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 40.56 Mn
Mar 31, 2026 40.56 Mn
Dec 31, 2025 41.45 Mn
Dec 31, 2025 41.45 Mn
Sep 30, 2025 40.49 Mn
Sep 30, 2025 40.49 Mn
Jun 30, 2025 40.00 Mn
Jun 30, 2025 40.00 Mn
Mar 31, 2025 40.47 Mn
Mar 31, 2025 40.47 Mn
Dec 31, 2024 39.72 Mn
Dec 31, 2024 39.72 Mn
Sep 30, 2024 24.95 Mn
Sep 30, 2024 24.95 Mn
Jun 30, 2024 12.00 Mn
Jun 30, 2024 12.00 Mn
Mar 31, 2024 17.54 Mn
Mar 31, 2024 17.54 Mn
Dec 31, 2023 14.60 Mn
Dec 31, 2023 14.60 Mn