Noble (NE) Accumulated Expenses (2021 - 2026)
Noble (NE) reported Accumulated Expenses of $21.34 million for Q2 2026, down 40.7% from $36.01 million a year earlier and down 70.8% from the prior quarter.
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Analysis
Noble (NE) Accumulated Expenses (2021 - 2026) Analysis & Trends
At the end of FY2025, Noble posted Accumulated Expenses of $35.83 million, down 0.7% from FY2024.
- Accumulated Expenses has a four-year compound annual growth rate of 38.3% (FY2021 to FY2025).
- By year, Accumulated Expenses came in at $36.08 million in FY2024 (+236.9%), $10.71 million in FY2023 (+12.6%), $9.51 million in FY2022 (-2.9%) and $9.79 million in FY2021.
- The Q2 2026 figure ranks as the lowest quarterly Accumulated Expenses since Q2 2024.
- Year over year, Accumulated Expenses has now declined in each of the last four quarters, with growth averaging 111.7% over the last eight quarters.
- The high point for year-over-year Accumulated Expenses in five years was Q1 2024 (growth of 439.5%); the low point was Q2 2026 (a decline of 40.7%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $73.17 million (Q1 2026), $35.83 million (Q4 2025) and $75.5 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Slb | 73.67 Bn | 71.28 Bn | 1.57 Bn |
| 2 | Baker Hughes | 47.44 Bn | 9.59 Bn | 1.96 Bn |
| 3 | Halliburton | 26.34 Bn | 18.29 Bn | 840.00 Mn |
| 4 | TechnipFMC | 25.18 Bn | 21.15 Bn | 728.70 Mn |
| 5 | Noble | 6.56 Bn | 4.64 Bn | 228.22 Mn |
| 6 | Nov | 6.31 Bn | 1.25 Bn | 439.00 Mn |
| 7 | Weatherford International | 6.11 Bn | 1.89 Bn | 374.00 Mn |
| 8 | Transocean | 5.79 Bn | 3.83 Bn | 348.00 Mn |
| 9 | Valaris | 5.48 Bn | 3.23 Bn | 176.30 Mn |
| 10 | Kodiak Gas Services | 4.28 Bn | 3.96 Bn | 259.04 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 56.44 Mn |
| Jun 30, 2026 | 21.34 Mn |
| Mar 31, 2026 | 73.17 Mn |
| Dec 31, 2025 | 35.83 Mn |
| Sep 30, 2025 | 75.50 Mn |
| Jun 30, 2025 | 36.01 Mn |
| Mar 31, 2025 | 75.75 Mn |
| Dec 31, 2024 | 36.08 Mn |
| Sep 30, 2024 | 75.72 Mn |
| Jun 30, 2024 | 10.89 Mn |
| Mar 31, 2024 | 22.76 Mn |
| Dec 31, 2023 | 10.71 Mn |
| Sep 30, 2023 | 22.40 Mn |
| Jun 30, 2023 | 10.27 Mn |
| Mar 31, 2023 | 4.22 Mn |
| Dec 31, 2022 | 9.51 Mn |
| Sep 30, 2022 | 4.27 Mn |
| Dec 31, 2021 | 9.79 Mn |
| Apr 15, 2021 | 16.13 Mn |
API Access
Noble Accumulated Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=NE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-expenses", "ticker": "NE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=NE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();