Noble (NE-WT) Prepaid Assets (2021 - 2026)
Noble (NE-WT) reported Prepaid Assets of $117.7 million for Q1 2026, down 63.7% on a YoY basis from $324.1 million in Q1 2025, and down 11.17% quarter-over-quarter from $132.5 million in Q4 2025.
Noble (NE-WT) Prepaid Assets (2021 - 2026) Analysis & Trends
Noble has reported Prepaid Assets for 6 years, with the latest figure at $117.7 million in Q1 2026.
- For the quarter ending Q1 2026, Prepaid Assets fell 63.7% year-over-year to $117.7 million; the trailing twelve-month figure through Mar 2026 stood at $117.7 million (down 63.7% YoY), and the FY2025 full-year result was $132.5 million, down 54.04% from the prior year.
- Prepaid Assets for Q1 2026 stood at $117.7 million, down from $132.5 million in the prior quarter.
- The five-year high for Prepaid Assets was $324.1 million in Q1 2025, with the low at $41.3 million in Q3 2022.
- Historically, Prepaid Assets has averaged $137.1 million across 5 years, with a median of $117.7 million in 2026.
- Annual changes were most pronounced in 2025 — Prepaid Assets jumped 238.23% — and 2026, when it tumbled 63.7%.
- Noble's Prepaid Assets stood at $72.7 million in 2022, then surged by 54.43% to $112.3 million in 2023, then surged by 156.72% to $288.2 million in 2024, then slumped by 54.04% to $132.5 million in 2025, then slipped by 11.17% to $117.7 million in 2026.
- The last three Prepaid Assets figures came in at $117.7 million (Q1 2026), $132.5 million (Q4 2025), and $149.3 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 | 117.66 Mn |
| Dec 31, 2025 | 132.46 Mn |
| Sep 30, 2025 | 149.29 Mn |
| Jun 30, 2025 | 131.40 Mn |
| Mar 31, 2025 | 324.10 Mn |
| Dec 31, 2024 | 288.21 Mn |
| Sep 30, 2024 | 184.76 Mn |
| Jun 30, 2024 | 119.40 Mn |
| Mar 31, 2024 | 95.82 Mn |
| Dec 31, 2023 | 112.27 Mn |
| Sep 30, 2023 | 97.51 Mn |
| Jun 30, 2023 | 106.09 Mn |
| Mar 31, 2023 | 84.31 Mn |
| Dec 31, 2022 | 72.70 Mn |
| Sep 30, 2022 | 41.27 Mn |
| Dec 31, 2021 | 45.03 Mn |