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
Download Data| Date | Value |
|---|---|
| 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 |