KPIs & Operating Metrics(New)
Growth Metrics

Noble (NE) Gross Profit (2021 - 2026)

Noble posted quarterly Gross Profit of $755.6 million for Q1 2026, up 83.22% year-on-year from $412.4 million in Q1 2025, and up 157.63% on a QoQ basis from $293.3 million in Q4 2025.

Noble (NE) has 6 years of Gross Profit data on file, last reported at $755.6 million in Q1 2026.

  • For the quarter ending Q1 2026, Gross Profit rose 83.22% year-over-year to $755.6 million; the trailing twelve-month figure through Mar 2026 stood at $2.6 billion (up 492.36% YoY), and the FY2025 full-year result was $1.4 billion, changed 0.05% from the prior year.
  • Gross Profit for Q1 2026 stood at $755.6 million, up from $293.3 million in the prior quarter.
  • Across five years, Gross Profit topped out at $820.3 million in Q2 2025 and bottomed at -$690.6 million in Q4 2024.
  • The 5-year median for Gross Profit is $366.4 million (2024), against an average of $356.3 million.
  • The widest annual swing landed in 2023, when Gross Profit soared 1222.96%; it then slumped 211.6% in 2024.
  • A 5-year view of Gross Profit shows it stood at -$237.4 million in 2022, then surged by 360.66% to $618.8 million in 2023, then plunged by 211.6% to -$690.6 million in 2024, then soared by 142.47% to $293.3 million in 2025, then jumped by 157.63% to $755.6 million in 2026.
  • The last three Gross Profit figures came in at $755.6 million (Q1 2026), $293.3 million (Q4 2025), and $767.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Precision Drilling 157.47 Bn 157.41 Bn 120.82 Mn
2 Noble 8.34 Bn 7.67 Bn 755.58 Mn
3 Transocean 7.55 Bn 6.94 Bn 475.00 Mn
4 Patterson Uti Energy 4.63 Bn 4.30 Bn 535.85 Mn
5 Helmerich & Payne 3.96 Bn 3.86 Bn 907.56 Mn
6 Seadrill 3.20 Bn 2.87 Bn 177.00 Mn
7 Sable Offshore 2.10 Bn 2.05 Bn -66.76 Mn
8 Nabors Industries 1.49 Bn 1.37 Bn 290.08 Mn
9 Borr Drilling 1.48 Bn 1.10 Bn -

Historic Data

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DateValue
Mar 31, 2026 755.58 Mn
Mar 31, 2026 755.58 Mn
Dec 31, 2025 293.28 Mn
Dec 31, 2025 293.28 Mn
Sep 30, 2025 767.47 Mn
Sep 30, 2025 767.47 Mn
Jun 30, 2025 820.29 Mn
Jun 30, 2025 820.29 Mn
Mar 31, 2025 412.39 Mn
Mar 31, 2025 412.39 Mn
Dec 31, 2024 -690.63 Mn
Dec 31, 2024 -690.63 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 619.40 Mn
Mar 31, 2024 619.40 Mn
Dec 31, 2023 618.82 Mn
Dec 31, 2023 618.82 Mn
Sep 30, 2023 343.25 Mn
Sep 30, 2023 343.25 Mn
Jun 30, 2023 613.74 Mn
Jun 30, 2023 613.74 Mn
Mar 31, 2023 584.05 Mn
Mar 31, 2023 584.05 Mn
Dec 31, 2022 -237.41 Mn
Dec 31, 2022 -237.41 Mn
Sep 30, 2022 292.59 Mn
Sep 30, 2022 292.59 Mn
Jun 30, 2022 97.01 Mn
Jun 30, 2022 97.01 Mn
Mar 31, 2022 44.15 Mn
Mar 31, 2022 44.15 Mn
Dec 31, 2021 607.47 Mn
Dec 31, 2021 607.47 Mn
Sep 30, 2021 62.49 Mn
Sep 30, 2021 62.49 Mn