Noble (NE) Gross Profit (2021 - 2026)
Noble's (NE) quarterly Gross Profit came in at $273.4 million in Q2 2026, down 21.04% on a YoY basis from $346.2 million in Q2 2025, and down 18.53% quarter-over-quarter from $335.6 million in Q1 2026.
Analysis
Noble (NE) Gross Profit (2021 - 2026) Analysis & Trends
Noble (NE) has reported Gross Profit for 6 consecutive years, with $273.4 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Profit fell 21.04% year-over-year to $273.4 million; the trailing twelve-month figure through Jun 2026 stood at $1.2 billion (down 19.98% YoY), and the FY2025 full-year result was $1.4 billion, changed 0.05% from the prior year.
- Gross Profit eased to $273.4 million in Q2 2026 per NE's latest filing, from $335.6 million in the prior quarter.
- Across five years, Gross Profit topped out at $412.4 million in Q1 2025 and bottomed at $44.1 million in Q1 2022.
- Historically, Gross Profit has averaged $278.0 million across 5 years, with a median of $284.6 million in 2023.
- The sharpest annual moves came in 2022 and 2025: Gross Profit jumped 901.23% in 2022, then slipped 26.7% in 2025.
- Over 5 years, Gross Profit stood at $256.2 million in 2022, then climbed by 5.08% to $269.2 million in 2023, then soared by 48.61% to $400.1 million in 2024, then retreated by 26.7% to $293.3 million in 2025, then fell by 6.79% to $273.4 million in 2026.
- According to Business Quant data, Gross Profit over the past three periods registered $273.4 million, $335.6 million, and $293.3 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Noble | 7.26 Bn | 6.81 Bn | 273.38 Mn |
| 2 | Transocean | 6.44 Bn | 5.65 Bn | 358.00 Mn |
| 3 | Seadrill | 2.98 Bn | 2.62 Bn | 234.00 Mn |
| 4 | Borr Drilling | 1.13 Bn | 907.38 Mn | - |
| 5 | Valaris | 816.35 Mn | 275.15 Mn | 123.70 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 273.38 Mn |
| Mar 31, 2026 | 335.57 Mn |
| Dec 31, 2025 | 293.28 Mn |
| Sep 30, 2025 | 318.12 Mn |
| Jun 30, 2025 | 346.23 Mn |
| Mar 31, 2025 | 412.39 Mn |
| Dec 31, 2024 | 400.09 Mn |
| Sep 30, 2024 | 366.36 Mn |
| Jun 30, 2024 | 356.99 Mn |
| Mar 31, 2024 | 247.22 Mn |
| Dec 31, 2023 | 269.22 Mn |
| Sep 30, 2023 | 343.25 Mn |
| Jun 30, 2023 | 276.00 Mn |
| Mar 31, 2023 | 248.27 Mn |
| Dec 31, 2022 | 256.21 Mn |
| Sep 30, 2022 | 119.39 Mn |
| Jun 30, 2022 | 97.01 Mn |
| Mar 31, 2022 | 44.15 Mn |
| Dec 31, 2021 | 25.59 Mn |
| Sep 30, 2021 | 61.82 Mn |