Noble (NE-WT) Restructuring Costs (2021 - 2026)
Noble (NE-WT) reported Restructuring Costs of $2.6 million for Q1 2026, down 82.47% on a YoY basis from $14.9 million in Q1 2025, and down 34.87% quarter-over-quarter from $4.0 million in Q4 2025.
Noble (NE-WT) Restructuring Costs (2021 - 2026) Analysis & Trends
Noble has reported Restructuring Costs for 6 years, with the latest figure at $2.6 million in Q1 2026.
- For the quarter ending Q1 2026, Restructuring Costs fell 82.47% year-over-year to $2.6 million; the trailing twelve-month figure through Mar 2026 stood at $14.1 million (down 87.76% YoY), and the FY2025 full-year result was $26.4 million, down 75.89% from the prior year.
- Restructuring Costs for Q1 2026 stood at $2.6 million, down from $4.0 million in the prior quarter.
- The five-year high for Restructuring Costs was $69.2 million in Q3 2024, with the low at $2.1 million in Q3 2025.
- Historically, Restructuring Costs has averaged $16.7 million across 5 years, with a median of $10.6 million in 2024.
- Annual changes were most pronounced in 2024 — Restructuring Costs jumped 433.81% — and 2025, when it sank 96.9%.
- Noble's Restructuring Costs stood at $56.8 million in 2022, then slumped by 76.59% to $13.3 million in 2023, then jumped by 52.5% to $20.3 million in 2024, then sank by 80.18% to $4.0 million in 2025, then slumped by 34.87% to $2.6 million in 2026.
- The last three Restructuring Costs figures came in at $2.6 million (Q1 2026), $4.0 million (Q4 2025), and $2.1 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 | 2.62 Mn |
| Dec 31, 2025 | 4.02 Mn |
| Sep 30, 2025 | 2.15 Mn |
| Jun 30, 2025 | 5.30 Mn |
| Mar 31, 2025 | 14.92 Mn |
| Dec 31, 2024 | 20.26 Mn |
| Sep 30, 2024 | 69.21 Mn |
| Jun 30, 2024 | 10.62 Mn |
| Mar 31, 2024 | 9.33 Mn |
| Dec 31, 2023 | 13.29 Mn |
| Sep 30, 2023 | 12.97 Mn |
| Jun 30, 2023 | 22.45 Mn |
| Mar 31, 2023 | 11.63 Mn |
| Dec 31, 2022 | 56.75 Mn |
| Sep 30, 2022 | 9.34 Mn |
| Jun 30, 2022 | 9.06 Mn |
| Mar 31, 2022 | 9.52 Mn |
| Dec 31, 2021 | 11.01 Mn |
| Sep 30, 2021 | 5.03 Mn |