Noble (NE-WT) Net Income (2021 - 2026)
Noble (NE-WT) reported Net Income of $120.7 million for Q1 2026, up 11.47% on a YoY basis from $108.3 million in Q1 2025, and up 39.35% quarter-over-quarter from $86.6 million in Q4 2025.
Noble (NE-WT) Net Income (2021 - 2026) Analysis & Trends
Noble has reported Net Income for 6 years, with the latest figure at $120.7 million in Q1 2026.
- For the quarter ending Q1 2026, Net Income rose 11.47% year-over-year to $120.7 million; the trailing twelve-month figure through Mar 2026 stood at $229.1 million (down 50.31% YoY), and the FY2025 full-year result was $216.7 million, down 51.66% from the prior year.
- Net Income for Q1 2026 stood at $120.7 million, up from $86.6 million in the prior quarter.
- The five-year high for Net Income was $195.0 million in Q2 2024, with the low at -$36.7 million in Q1 2022.
- Historically, Net Income has averaged $84.5 million across 5 years, with a median of $95.5 million in 2024.
- Annual changes were most pronounced in 2023 — Net Income jumped 394.8% — and 2025, when it plunged 134.46%.
- Noble's Net Income stood at $135.0 million in 2022, then increased by 10.92% to $149.7 million in 2023, then plunged by 35.44% to $96.6 million in 2024, then fell by 10.36% to $86.6 million in 2025, then soared by 39.35% to $120.7 million in 2026.
- The last three Net Income figures came in at $120.7 million (Q1 2026), $86.6 million (Q4 2025), and -$21.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 153.75 Bn | 153.69 Bn | 120.82 Mn | 13.01 Mn |
| 2 | Noble | 7.23 Bn | 6.56 Bn | 755.58 Mn | 120.73 Mn |
| 3 | Transocean | 6.52 Bn | 5.90 Bn | 475.00 Mn | 71.00 Mn |
| 4 | Patterson Uti Energy | 4.41 Bn | 4.07 Bn | 535.85 Mn | -24.48 Mn |
| 5 | Helmerich & Payne | 3.80 Bn | 3.70 Bn | 907.56 Mn | -55.86 Mn |
| 6 | Seadrill | 2.73 Bn | 2.40 Bn | 177.00 Mn | -7.00 Mn |
| 7 | Sable Offshore | 1.70 Bn | 1.65 Bn | -66.76 Mn | -197.03 Mn |
| 8 | Borr Drilling | 1.40 Bn | 1.16 Bn | - | -6.80 Mn |
| 9 | Nabors Industries | 1.38 Bn | 1.26 Bn | 290.08 Mn | 9.32 Mn |
| 10 | Noble | - | - | 755.58 Mn | 120.73 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 120.73 Mn |
| Dec 31, 2025 | 86.64 Mn |
| Sep 30, 2025 | -21.10 Mn |
| Jun 30, 2025 | 42.87 Mn |
| Mar 31, 2025 | 108.30 Mn |
| Dec 31, 2024 | 96.65 Mn |
| Sep 30, 2024 | 61.22 Mn |
| Jun 30, 2024 | 195.01 Mn |
| Mar 31, 2024 | 95.48 Mn |
| Dec 31, 2023 | 149.70 Mn |
| Sep 30, 2023 | 158.32 Mn |
| Jun 30, 2023 | 65.82 Mn |
| Mar 31, 2023 | 108.06 Mn |
| Dec 31, 2022 | 134.96 Mn |
| Sep 30, 2022 | 33.59 Mn |
| Jun 30, 2022 | 37.06 Mn |
| Mar 31, 2022 | -36.66 Mn |
| Dec 31, 2021 | 123.44 Mn |
| Sep 30, 2021 | -23.67 Mn |