Noble (NE) Tax Provisions (2021 - 2026)
Noble (NE) reported Tax Provisions of $72.9 million for Q1 2026, up 80.54% on a YoY basis from $40.4 million in Q1 2025, and up 200.14% quarter-over-quarter from -$72.8 million in Q4 2025.
Noble (NE) Tax Provisions (2021 - 2026) Analysis & Trends
Noble has reported Tax Provisions for 6 years, with the latest figure at $72.9 million in Q1 2026.
- For the quarter ending Q1 2026, Tax Provisions rose 80.54% year-over-year to $72.9 million; the trailing twelve-month figure through Mar 2026 stood at $88.9 million (down 6.0% YoY), and the FY2025 full-year result was $56.4 million, up 28.2% from the prior year.
- Tax Provisions for Q1 2026 stood at $72.9 million, up from -$72.8 million in the prior quarter.
- The five-year high for Tax Provisions was $72.9 million in Q1 2026, with the low at -$72.8 million in Q4 2025.
- Historically, Tax Provisions has averaged $13.3 million across 5 years, with a median of $10.8 million in 2022.
- Annual changes were most pronounced in 2024 — Tax Provisions sank 679.14% — and 2025, when it jumped 1192.12%.
- Noble's Tax Provisions stood at $10.8 million in 2022, then slumped by 144.93% to -$4.8 million in 2023, then surged by 674.31% to $27.8 million in 2024, then tumbled by 361.91% to -$72.8 million in 2025, then soared by 200.14% to $72.9 million in 2026.
- The last three Tax Provisions figures came in at $72.9 million (Q1 2026), -$72.8 million (Q4 2025), and $31.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 156.90 Bn | 156.84 Bn | 120.82 Mn | 6.72 Mn |
| 2 | Noble | 7.48 Bn | 6.81 Bn | 755.58 Mn | 72.95 Mn |
| 3 | Transocean | 6.71 Bn | 6.09 Bn | 475.00 Mn | -54.00 Mn |
| 4 | Patterson Uti Energy | 4.36 Bn | 4.03 Bn | 535.85 Mn | -3.60 Mn |
| 5 | Helmerich & Payne | 3.92 Bn | 3.82 Bn | 907.56 Mn | 9.30 Mn |
| 6 | Seadrill | 2.75 Bn | 2.42 Bn | 177.00 Mn | 23.00 Mn |
| 7 | Sable Offshore | 1.56 Bn | 1.51 Bn | -66.76 Mn | - |
| 8 | Nabors Industries | 1.45 Bn | 1.33 Bn | 290.08 Mn | 11.83 Mn |
| 9 | Borr Drilling | 1.40 Bn | 1.16 Bn | - | -11.10 Mn |
| 10 | Valaris | 492.40 Mn | -85.40 Mn | 92.00 Mn | 18.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 72.95 Mn |
| Dec 31, 2025 | -72.85 Mn |
| Sep 30, 2025 | 31.73 Mn |
| Jun 30, 2025 | 57.10 Mn |
| Mar 31, 2025 | 40.41 Mn |
| Dec 31, 2024 | 27.81 Mn |
| Sep 30, 2024 | 31.61 Mn |
| Jun 30, 2024 | -5.23 Mn |
| Mar 31, 2024 | -10.21 Mn |
| Dec 31, 2023 | -4.84 Mn |
| Sep 30, 2023 | 51.66 Mn |
| Jun 30, 2023 | -671,000.00 |
| Mar 31, 2023 | -15.80 Mn |
| Dec 31, 2022 | 10.78 Mn |
| Sep 30, 2022 | 13.07 Mn |
| Jun 30, 2022 | 3.91 Mn |
| Mar 31, 2022 | -5.21 Mn |
| Dec 31, 2021 | 7.00 Mn |
| Sep 30, 2021 | 2.28 Mn |