Noble (NE) Cost of Revenue (2021 - 2026)

Noble (NE) has 6 years of Cost of Revenue data on file, last reported at $30.1 million in Q1 2026.

• For the quarter ending Q1 2026, Cost of Revenue fell 93.48% year-over-year to $30.1 million; the trailing twelve-month figure through Mar 2026 stood at $560.2 million (down 80.35% YoY), and the FY2025 full-year result was $1.9 billion, up 13.54% from the prior year.
• Cost of Revenue for Q1 2026 stood at $30.1 million, down from $471.1 million in the prior quarter.
• Across five years, Cost of Revenue topped out at $1.6 billion in Q4 2024 and bottomed at $13.3 million in Q3 2022.
• The 5-year median for Cost of Revenue is $166.1 million (2022), against an average of $298.5 million.
• The widest annual swing landed in 2023, when Cost of Revenue sank 97.19%; it then jumped 6597.44% in 2024.
• A 5-year view of Cost of Revenue shows it stood at $860.0 million in 2022, then tumbled by 97.19% to $24.2 million in 2023, then surged by 6597.44% to $1.6 billion in 2024, then slumped by 70.88% to $471.1 million in 2025, then plunged by 93.61% to $30.1 million in 2026.
• The last three Cost of Revenue figures came in at $30.1 million (Q1 2026), $471.1 million (Q4 2025), and $30.5 million (Q3 2025), per Business Quant data.

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