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