Us was Noble’s largest segment in fiscal 2025, bringing in $1.78B of $6.57B (27%).
| Segment | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|
| Guyana | $938.53M | $1.41B | $1.35B | $1.30B | ||
| Us | — | $874.69M | $1.37B | $1.78B | ||
| Us Plans | $532.35M | — | — | — | ||
| Norway | $308.81M | $498.62M | $473.67M | $621.73M | ||
| Other | $70.48M | $507.51M | $334.55M | $560.67M | ||
| Saudi Arabia | — | — | — | — | ||
| Nigeria | — | $287.28M | $270.66M | $193.34M | ||
| United Kingdom | $111.26M | $131.42M | $381.61M | $412.82M | ||
| Malaysia | $64.45M | $174.21M | $406.99M | $224.91M | ||
| Australia | $157.80M | $309.72M | $485.44M | $171.57M | ||
| Brazil | $66.42M | $184.04M | $214.03M | $532.81M | ||
| Colombia | — | $107.29M | $189.12M | $287.84M | ||
| Ghana | $70.04M | $301.35M | $276.35M | $120.99M | ||
| Suriname | $267.36M | $217.06M | $164.16M | $230.88M | ||
| Denmark | $81.61M | $177.83M | $151.94M | $21.06M | ||
| Qatar | — | — | — | — | ||
| Canada | — | — | — | — | ||
| Trinidad & Tobago | $70.20M | — | — | — | ||
| Myanmar | — | — | — | — | ||
| Mexico | $61.58M | — | — | — | ||
| Namibia | $38.00K | $54.00K | $15.07M | $117.78M | ||
| Guinea Bissau | — | — | $27.89M | — | ||
| Netherlands | $26.76M | — | — | — | ||
| Vietnam | — | — | — | — | ||
| Gabon | — | — | — | — | ||
| Total | $2.83B | $5.18B | $6.12B | $6.57B |
Noble brought in $6.57B from its 14 segments in fiscal 2025, the year ended December 31, 2025. Noble regrouped these segments after fiscal 2024, so the total does not compare directly with that year's $6.12B. Us was the largest at $1.78B (27.1%), ahead of Guyana at $1.30B (19.7%) and Norway at $621.73M (9.5%). The other 11 segments brought in $2.87B combined.
Compared with fiscal 2024, Brazil grew fastest, up 148.9% to $532.81M, while Australia fell the most, down 64.7% to $171.57M.
Noble began breaking out Us in fiscal 2023, Nigeria in fiscal 2023 and Colombia in fiscal 2023. Noble stopped reporting Us Plans ($532.35M in fiscal 2022), Trinidad & Tobago ($70.20M in fiscal 2022), Mexico ($61.58M in fiscal 2022) and two others as separate segments.
Floaters was Noble’s largest product and service line in fiscal 2025, bringing in $5.14B of $6.57B (78%).
| Product and Service | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|
| Floaters | $2.00B | $4.02B | $4.70B | $5.14B | ||
| Jackups | $670.04M | $903.20M | $1.14B | $1.08B | ||
| Reimbursables & Other | $162.01M | $254.61M | $278.10M | $356.72M | ||
| Total | $2.83B | $5.18B | $6.12B | $6.57B |
Noble brought in $6.57B from its three product and service lines in fiscal 2025, the year ended December 31, 2025. That was up 7.4% from $6.12B in fiscal 2024. Floaters was the largest at $5.14B (78.2%), ahead of Jackups at $1.08B (16.4%) and Reimbursables & Other at $356.72M (5.4%).
Compared with fiscal 2024, Reimbursables & Other grew fastest, up 28.3% to $356.72M, while Jackups fell the most, down 5.2% to $1.08B. From fiscal 2022 to 2025, combined revenue from these lines grew from $2.83B to $6.57B, a compound annual growth rate of 32.5%. Floaters' share of the total rose from 70.6% to 78.2%.
Noble (NE-WTA) reports its revenue by segment and by product and service. In fiscal 2025, Us was its largest segment, bringing in $1.78B (27.1% of the total), followed by Guyana at $1.30B (19.7%).
Us was Noble's largest segment in fiscal 2025, bringing in $1.78B, or 27.1% of the $6.57B total across its 14 segments.
Floaters was Noble's largest product and service line in fiscal 2025, bringing in $5.14B, or 78.2% of the $6.57B total across its three product and service lines.
Among Noble's product and service lines that make up at least 2% of revenue, Reimbursables & Other grew fastest in fiscal 2025, up 28.3% from $278.10M to $356.72M.
Every figure comes from Noble's annual financial filings, as reported. Each line keeps the name Noble gives it, and years follow its fiscal calendar.
Noble's revenue by segment goes back to fiscal 2020, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.