Noble NE
NYSE NE
$45.59 +0.13 (+0.29%)
As of: Sep 10, 2026 · 2:57 PM EDT

Noble (NE) Operating Expenses (2021 - 2026)

Noble's (NE) quarterly Operating Expenses came in at $689.2 million in Q2 2026, down 3.39% on a YoY basis from $713.4 million in Q2 2025, and up 22.99% quarter-over-quarter from $560.4 million in Q1 2026.

Analysis

Noble (NE) Operating Expenses (2021 - 2026) Analysis & Trends

Noble (NE) has reported Operating Expenses for 6 consecutive years, with $689.2 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Operating Expenses fell 3.39% year-over-year to $689.2 million; the trailing twelve-month figure through Jun 2026 stood at $2.7 billion (down 4.32% YoY), and the FY2025 full-year result was $2.9 billion, up 16.96% from the prior year.
  • Operating Expenses grew to $689.2 million in Q2 2026 per NE's latest filing, from $560.4 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $756.3 million in Q4 2024 and bottomed at $227.6 million in Q2 2022.
  • Historically, Operating Expenses has averaged $542.9 million across 5 years, with a median of $529.5 million in 2023.
  • The sharpest annual moves came in 2022 and 2026: Operating Expenses jumped 546.29% in 2022, then decreased 18.45% in 2026.
  • Over 5 years, Operating Expenses stood at $458.4 million in 2022, then gained by 5.88% to $485.3 million in 2023, then soared by 55.85% to $756.3 million in 2024, then retreated by 4.56% to $721.9 million in 2025, then retreated by 4.52% to $689.2 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $689.2 million, $560.4 million, and $721.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Noble 7.26 Bn 6.81 Bn 273.38 Mn 689.21 Mn
2 Transocean 6.44 Bn 5.65 Bn 358.00 Mn 812.00 Mn
3 Seadrill 2.98 Bn 2.62 Bn 234.00 Mn 377.00 Mn
4 Borr Drilling 1.13 Bn 907.38 Mn - -232.10 Mn
5 Valaris 816.35 Mn 275.15 Mn 123.70 Mn 498.70 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 689.21 Mn
Mar 31, 2026 560.38 Mn
Dec 31, 2025 721.85 Mn
Sep 30, 2025 747.62 Mn
Jun 30, 2025 713.40 Mn
Mar 31, 2025 687.15 Mn
Dec 31, 2024 756.35 Mn
Sep 30, 2024 685.07 Mn
Jun 30, 2024 482.89 Mn
Mar 31, 2024 529.54 Mn
Dec 31, 2023 485.30 Mn
Sep 30, 2023 496.67 Mn
Jun 30, 2023 529.39 Mn
Mar 31, 2023 502.95 Mn
Dec 31, 2022 458.35 Mn
Sep 30, 2022 254.31 Mn
Jun 30, 2022 227.55 Mn
Mar 31, 2022 244.86 Mn
Dec 31, 2021 70.92 Mn
Sep 30, 2021 263.86 Mn