Noble (NE) Gross Profit (2021 - 2026)
Noble (NE) recorded Gross Profit of $239.27 million in Q2 2026, down 24.7% from $317.87 million a year earlier and down 21.7% from the prior quarter.
Noble (NE) Gross Profit (2021 - 2026) Analysis & Trends
On a TTM basis, Noble's Gross Profit came in at $1.08 billion as of Jun 30, 2026, down 22.9% year-over-year; for FY2025, it came in at $1.23 billion, down 2.5% from FY2024.
- Annual Gross Profit has a five-year compound annual growth rate of 28.8% (FY2020 to FY2025).
- Across earlier years, Gross Profit came in at $1.27 billion in FY2024 (+21.1%), $1.05 billion in FY2023 (+131.1%), $452.32 million in FY2022 (+502.7%) and $75.05 million in FY2021 (-78.5%).
- The Q2 2026 figure is the lowest quarterly Gross Profit since Q1 2024.
- On a year-over-year basis, Gross Profit has declined for five consecutive quarters, with growth averaging 2.7% over the last eight quarters.
- Peak year-over-year performance for Gross Profit in the last five years was growth of 624.7% in Q1 2023, against a decline of 31.9% in Q4 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $305.45 million (Q1 2026), $247.58 million (Q4 2025) and $287.58 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Slb | 72.31 Bn | 69.42 Bn | 1.40 Bn |
| 2 | Baker Hughes | 54.50 Bn | 17.77 Bn | 1.58 Bn |
| 3 | TechnipFMC | 26.69 Bn | 22.84 Bn | 684.70 Mn |
| 4 | Halliburton | 26.49 Bn | 18.25 Bn | 804.00 Mn |
| 5 | Nov | 6.70 Bn | 1.49 Bn | 521.00 Mn |
| 6 | Noble | 6.66 Bn | 4.59 Bn | 239.27 Mn |
| 7 | Transocean | 5.85 Bn | 3.56 Bn | 358.00 Mn |
| 8 | Weatherford International | 5.65 Bn | 1.58 Bn | 333.00 Mn |
| 9 | Valaris | 5.44 Bn | 3.06 Bn | 123.70 Mn |
| 10 | Kodiak Gas Services | 5.35 Bn | 5.11 Bn | 246.76 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 239.27 Mn |
| Mar 31, 2026 | 305.45 Mn |
| Dec 31, 2025 | 247.58 Mn |
| Sep 30, 2025 | 287.58 Mn |
| Jun 30, 2025 | 317.87 Mn |
| Mar 31, 2025 | 380.60 Mn |
| Dec 31, 2024 | 363.81 Mn |
| Sep 30, 2024 | 338.17 Mn |
| Jun 30, 2024 | 333.66 Mn |
| Mar 31, 2024 | 229.54 Mn |
| Dec 31, 2023 | 245.06 Mn |
| Sep 30, 2023 | 326.57 Mn |
| Jun 30, 2023 | 251.21 Mn |
| Mar 31, 2023 | 222.26 Mn |
| Dec 31, 2022 | 228.87 Mn |
| Sep 30, 2022 | 106.11 Mn |
| Jun 30, 2022 | 86.68 Mn |
| Mar 31, 2022 | 30.67 Mn |
| Dec 31, 2021 | 11.33 Mn |
| Sep 30, 2021 | 45.36 Mn |
Noble Gross Profit 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=gross-profit&ticker=NE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-profit", "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=gross-profit&ticker=NE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();