Noble (NE) Operating Expenses (2021 - 2026)

For the trailing twelve months through Jun 30, 2026, Operating Expenses at Noble was $2.72 billion, down 4.3% year-over-year; for FY2025, it was $2.87 billion, up 17.0% from FY2024.

• Annual Operating Expenses has increased for four consecutive years, though with a five-year compound annual growth rate of -10.7% (FY2020 to FY2025).
• In prior years, Noble's Operating Expenses was $2.45 billion in FY2024 (+21.8%), $2.01 billion in FY2023 (+70.0%), $1.19 billion in FY2022 (+67.0%) and $709.49 million in FY2021 (-85.9%).
• Quarterly Operating Expenses has run from a low of $70.92 million in Q4 2021 to a high of $756.35 million in Q4 2024 over five years.
• On a year-over-year basis, Operating Expenses has declined in each of the last three quarters, with growth averaging 19.3% over the last eight quarters.
• The strongest year-over-year quarter for Operating Expenses in the past five years was Q4 2022, with growth of 546.3%; the weakest was Q1 2026, with a decline of 18.4%.
• According to Business Quant data, Operating Expenses for the three prior quarters was $560.38 million (Q1 2026), $721.85 million (Q4 2025) and $747.62 million (Q3 2025).