Noble (NE) Gross Profit (2021 - 2026)
Noble's (NE) quarterly Gross Profit came in at $273.4 million in Q2 2026, down 21.04% YoY from $346.2 million in Q2 2025, and down 18.53% on a QoQ basis from $335.6 million in Q1 2026.
Noble (NE) Gross Profit (2021 - 2026) Analysis & Trends
Noble (NE) has 6 years of Gross Profit data on file, last reported at $273.4 million in Q2 2026.
- Quarterly Gross Profit fell 21.04% year-over-year to $273.4 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $1.2 billion (down 19.98% YoY) and the FY2025 annual result came in at $1.4 billion, changed 0.05% from the prior year.
- Gross Profit fell to $273.4 million in Q2 2026, from $335.6 million in the prior quarter.
- In the past five years, Gross Profit ranged from a high of $412.4 million in Q1 2025 to a low of $44.1 million in Q1 2022.
- A 5-year average of $278.0 million and a median of $284.6 million in 2023 frame the typical range for Gross Profit.
- Annual changes were most pronounced in 2022 — Gross Profit soared 901.23% — and 2025, when it decreased 26.7%.
- Tracing NE's Gross Profit over 5 years: stood at $256.2 million in 2022, then gained by 5.08% to $269.2 million in 2023, then jumped by 48.61% to $400.1 million in 2024, then declined by 26.7% to $293.3 million in 2025, then dropped by 6.79% to $273.4 million in 2026.
- The last three Gross Profit figures came in at $273.4 million (Q2 2026), $335.6 million (Q1 2026), and $293.3 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Noble | 7.46 Bn | 7.01 Bn | 273.38 Mn |
| 2 | Transocean | 6.71 Bn | 5.91 Bn | 358.00 Mn |
| 3 | Patterson Uti Energy | 4.63 Bn | 4.43 Bn | 597.25 Mn |
| 4 | Helmerich & Payne | 4.39 Bn | 4.16 Bn | 349.94 Mn |
| 5 | Seadrill | 2.96 Bn | 2.60 Bn | 234.00 Mn |
| 6 | Borr Drilling | 1.36 Bn | 1.14 Bn | - |
| 7 | Nabors Industries | 1.30 Bn | 792.72 Mn | 309.38 Mn |
| 8 | Precision Drilling | 1.15 Bn | 1.10 Bn | 89.29 Mn |
| 9 | Valaris | 886.35 Mn | 345.15 Mn | 123.70 Mn |
| 10 | Sable Offshore | 777.33 Mn | 755.73 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 273.38 Mn |
| Jun 30, 2026 | 273.38 Mn |
| Mar 31, 2026 | 335.57 Mn |
| Mar 31, 2026 | 335.57 Mn |
| Dec 31, 2025 | 293.28 Mn |
| Dec 31, 2025 | 293.28 Mn |
| Sep 30, 2025 | 318.12 Mn |
| Sep 30, 2025 | 318.12 Mn |
| Jun 30, 2025 | 346.23 Mn |
| Jun 30, 2025 | 346.23 Mn |
| Mar 31, 2025 | 412.39 Mn |
| Mar 31, 2025 | 412.39 Mn |
| Dec 31, 2024 | 400.09 Mn |
| Dec 31, 2024 | 400.09 Mn |
| Sep 30, 2024 | 366.36 Mn |
| Sep 30, 2024 | 366.36 Mn |
| Jun 30, 2024 | 356.99 Mn |
| Jun 30, 2024 | 356.99 Mn |
| Mar 31, 2024 | 247.22 Mn |
| Mar 31, 2024 | 247.22 Mn |