Noble Corp Plc (NE) financial statements: income statement, balance sheet and cash flow
Noble Corp Plc's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Noble Corp Plc reported revenue of $3.3B (+7.4% year on year) and net income of $216.7M (-51.7% year on year).
Income statement
Noble Corp Plc income statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Operating revenues
$3.3B
$3.1B
$2.6B
$1.4B
Cost of services
$2.1B
$1.8B
$1.5B
$961.5M
Depreciation and amortization
$585.5M
$428.6M
$301.3M
$146.9M
General and administrative
$133.1M
$140.5M
$128.4M
$82.2M
Merger and integration costs
$26.4M
$109.4M
$60.3M
$84.7M
(Gain) loss on sale of operating assets, net
($9.6M)
($17.4M)
$0
($90.2M)
Loss on impairment
$82.7M
—
—
$0
Hurricane losses and (recoveries), net
$0
$0
($19.7M)
$60.0K
Total operating costs and expenses
$2.9B
$2.5B
$2.0B
$1.2B
Operating income (loss)
$415.6M
$604.0M
$574.7M
$228.8M
Interest expense, net of amounts capitalized
($162.4M)
($94.2M)
($59.1M)
—
Gain (loss) on extinguishment of debt, net
$0
$0
($26.4M)
($8.9M)
Interest income and other, net
$20.0M
($17.4M)
$18.1M
$14.4M
Gain on bargain purchase
$0
$0
$5.0M
$0
Income (loss) before income taxes
$273.1M
$492.3M
$512.2M
$191.5M
Income tax benefit (provision)
($56.4M)
($44.0M)
($30.3M)
($22.6M)
Net income (loss)
$216.7M
$448.4M
$481.9M
$168.9M
Basic earnings (loss) per share (usd per share)
$1.36
$3.01
$3.48
$1.99
Diluted earnings (loss) per share (usd per share)
$1.35
$2.96
$3.32
$1.73
Basic (in shares)
158.9M
148.7M
138.4M
85.1M
Diluted (in shares)
160.2M
151.6M
145.2M
97.6M
Noble Corp Plc income statement, quarters
Line item
Jun 30, 2026 · Q2
Mar 31, 2026 · Q1
Sep 30, 2025 · Q3
Jun 30, 2025 · Q2
Operating revenues
$719.7M
$785.7M
$798.0M
$848.7M
Cost of services
$480.4M
$480.2M
$510.4M
$530.8M
Depreciation and amortization
$139.6M
$137.3M
$147.3M
$147.1M
General and administrative
$26.9M
$30.0M
$33.3M
$35.0M
Merger and integration costs
$0
$2.6M
$2.1M
$5.3M
(Gain) loss on sale of operating assets, net
$0
($89.9M)
($6.2M)
($4.8M)
Loss on impairment
$42.3M
—
$60.7M
—
Total operating costs and expenses
$689.2M
$560.4M
$747.6M
$713.4M
Operating income (loss)
$30.5M
$225.3M
$50.4M
$135.3M
Interest expense, net of amounts capitalized
($36.2M)
($40.6M)
($40.5M)
($40.0M)
Gain (loss) on extinguishment of debt, net
($18.3M)
$726.0K
—
—
Interest income and other, net
$3.7M
$8.2M
$726.0K
$4.7M
Income (loss) before income taxes
($20.4M)
$193.7M
$10.6M
$100.0M
Income tax benefit (provision)
($16.3M)
($72.9M)
($31.7M)
($57.1M)
Net income (loss)
($36.7M)
$120.7M
($21.1M)
$42.9M
Basic earnings (loss) per share (in usd per share)
-$0.23
$0.76
-$0.13
$0.27
Diluted earnings (loss) per share (in usd per share)
-$0.23
$0.75
-$0.13
$0.27
Balance sheet
Noble Corp Plc balance sheet, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Cash and cash equivalents
$471.4M
$247.3M
$360.8M
$476.2M
Accounts receivable, net
$589.6M
$797.0M
$548.8M
$468.8M
Taxes receivable
$78.8M
$56.4M
$39.8M
$34.1M
Prepaid expenses and other current assets
$132.5M
$288.2M
$112.3M
$72.7M
Total current assets
$1.3B
$1.4B
$1.1B
$1.1B
Property and equipment, at cost
$6.6B
$6.9B
$4.6B
$4.2B
Accumulated depreciation
($1.2B)
($868.9M)
($467.6M)
($181.9M)
Property and equipment, net
$5.4B
$6.0B
$4.1B
$4.0B
Other assets
$854.7M
$539.9M
$311.2M
$141.4M
Total assets
$7.5B
$8.0B
$5.5B
$5.2B
Accounts payable
$298.8M
$397.6M
$395.2M
$290.7M
Accrued payroll and related costs
$81.8M
$116.9M
$97.3M
$76.2M
Taxes payable
$83.3M
$78.9M
$56.4M
$57.0M
Interest payable
$35.8M
$36.1M
$10.7M
$9.5M
Other current liabilities
$260.1M
$310.9M
$82.1M
$74.0M
Total current liabilities
$759.7M
$940.4M
$641.7M
$667.1M
Long-term debt
$2.0B
$2.0B
$586.2M
$513.1M
Deferred income taxes
$5.4M
$9.2M
$11.4M
$9.3M
Noncurrent contract liabilities
$0
$8.6M
$50.9M
$181.9M
Other liabilities
$240.0M
$375.1M
$296.0M
$256.4M
Total liabilities
$3.0B
$3.3B
$1.6B
$1.6B
Common stock, $0.00001 par value; 158,853,799 and 158,946,711 ordinary shares outstanding as of December 31, 2025 and 2024, respectively
1.0K
1.0K
1.0K
1.0K
Additional paid-in capital
$4.3B
$4.2B
$3.4B
$3.3B
Retained earnings
$286.6M
$411.2M
$541.2M
$255.9M
Accumulated other comprehensive income (loss)
$5.2M
$4.0M
$3.0M
$3.6M
Total shareholders' equity
$4.5B
$4.7B
$3.9B
$3.6B
Total liabilities and equity
$7.5B
$8.0B
$5.5B
$5.2B
Noble Corp Plc balance sheet, quarters
Line item
Jun 30, 2026
Mar 31, 2026
Sep 30, 2025
Jun 30, 2025
Cash and cash equivalents
$456.2M
$662.6M
$477.9M
$338.2M
Accounts receivable, net
$547.8M
$595.9M
$678.3M
$761.7M
Taxes receivable
$59.0M
$58.6M
$58.9M
$57.7M
Prepaid expenses and other current assets
$112.2M
$117.7M
$149.3M
$131.4M
Total current assets
$1.2B
$1.4B
$1.4B
$1.3B
Property and equipment, at cost
$7.0B
$6.8B
$7.0B
$7.0B
Accumulated depreciation
($1.5B)
($1.4B)
($1.3B)
($1.1B)
Property and equipment, net
$5.5B
$5.4B
$5.7B
$5.9B
Other assets
$610.3M
$637.3M
$543.1M
$521.7M
Total assets
$7.2B
$7.5B
$7.6B
$7.7B
Accounts payable
$324.0M
$307.6M
$305.0M
$341.3M
Accrued payroll and related costs
$52.0M
$51.8M
$98.8M
$99.6M
Taxes payable
$59.5M
$81.7M
$73.1M
$88.2M
Interest payable
$21.3M
$73.2M
$75.5M
$36.0M
Other current liabilities
$157.0M
$205.2M
$226.9M
$150.8M
Total current liabilities
$613.8M
$719.4M
$779.3M
$716.0M
Long-term debt
$1.9B
$1.9B
$2.0B
$2.0B
Deferred income taxes
$5.7M
$5.5M
$5.5M
$5.5M
Other liabilities
$247.2M
$247.8M
$343.5M
$339.2M
Total liabilities
$2.8B
$2.9B
$3.1B
$3.0B
Common stock, $0.00001 par value; 159,641,226 and 158,853,799 ordinary shares outstanding as of June 30, 2026, and December 31, 2025, respectively
1.0K
1.0K
1.0K
1.0K
Additional paid-in capital
$4.3B
$4.3B
$4.2B
$4.2B
Retained earnings
$207.8M
$324.8M
$280.1M
$381.5M
Accumulated other comprehensive income (loss)
$5.5M
$3.4M
$4.4M
$4.5M
Total shareholders’ equity
$4.5B
$4.6B
$4.5B
$4.6B
Total liabilities and equity
$7.2B
$7.5B
$7.6B
$7.7B
Cash flow statement
Noble Corp Plc cash flow statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Net income (loss)
$216.7M
$448.4M
$481.9M
$168.9M
Depreciation and amortization
$585.5M
$428.6M
$301.3M
$146.9M
Amortization of intangible assets and contract liabilities, net
($8.4M)
($60.0M)
($106.8M)
($5.4M)
Gain on bargain purchase
$0
$0
($5.0M)
$0
(Gain) loss on extinguishment of debt, net
$0
$0
$26.4M
$8.9M
(Gain) loss on sale of operating assets, net
($9.6M)
($17.4M)
$0
—
Loss on impairment
$82.7M
—
—
$0
Deferred income taxes
$44.4M
($42.6M)
($98.1M)
($25.6M)
Amortization of share-based compensation
$30.5M
$43.8M
$37.7M
$35.3M
Other costs, net
($1.9M)
($14.0M)
($8.0M)
($323.0K)
Net changes in operating assets and liabilities
$11.8M
($116.0M)
($47.7M)
$19.2M
Net cash provided by (used in) operating activities
$951.7M
$655.5M
$574.3M
$281.0M
Capital expenditures
($519.5M)
($575.3M)
($409.6M)
($174.3M)
Proceeds from insurance claims
$22.3M
$23.3M
$18.8M
—
Cash acquired (used) in business combinations, net
$0
($417.0M)
—
—
Proceeds from disposal of assets, net
$147.2M
$10.0M
$24.3M
$381.0M
Net cash provided by (used in) investing activities
($350.1M)
($959.0M)
($366.5M)
$375.8M
Issuance of debt
$0
$824.0M
$600.0M
$350.0M
Repayments of debt
$0
$0
($673.4M)
($627.3M)
Borrowing on credit facilities
$0
$35.0M
$0
$220.0M
Repayments of credit facilities
$0
($35.0M)
$0
($220.0M)
Debt issuance costs
$0
($10.0M)
($24.9M)
($641.0K)
Debt extinguishment costs
$0
$0
($25.7M)
—
Warrants exercised
$44.0K
$1.4M
$485.0K
$1.0M
Share repurchases
($20.0M)
($300.0M)
($94.8M)
($15.0M)
Dividend payments
($320.4M)
($277.8M)
($98.8M)
—
Withholding tax related to employee stock transactions
($9.7M)
($66.1M)
($8.6M)
($5.9M)
Finance lease payments
($23.9M)
($6.1M)
—
—
Other
$0
$22.6M
—
—
Net cash provided by (used in) financing activities
($373.9M)
$188.1M
($325.8M)
($367.8M)
Net increase (decrease) in cash, cash equivalents, and restricted cash
$227.7M
($115.5M)
($118.0M)
$289.0M
Cash, cash equivalents, and restricted cash, beginning of period
$252.3M
$367.7M
$485.7M
$196.7M
Cash, cash equivalents, and restricted cash, end of period
$480.0M
$252.3M
$367.7M
$485.7M
Noble Corp Plc cash flow statement, quarters
Line item
Jun 30, 2026 · YTD
Mar 31, 2026 · Q1
Sep 30, 2025 · YTD
Jun 30, 2025 · YTD
Net income (loss)
$84.0M
$120.7M
$130.1M
$151.2M
Depreciation and amortization
$276.9M
$137.3M
$437.5M
$290.2M
Amortization of intangible assets and contract liabilities, net
$0
$0
($8.4M)
($8.4M)
(Gain) loss on extinguishment of debt, net
$17.6M
($726.0K)
—
—
(Gain) loss on sale of operating assets, net
($89.9M)
($89.9M)
($11.0M)
($4.8M)
Loss on impairment
$42.3M
—
$60.7M
—
Deferred income taxes
$60.1M
$46.3M
($70.5M)
$47.1M
Amortization of share-based compensation
$20.3M
$9.5M
$23.1M
$15.6M
Other costs, net
$898.0K
$3.4M
($4.5M)
($10.1M)
Net changes in operating assets and liabilities
$5.2M
$46.6M
$207.5M
$6.6M
Net cash provided by (used in) operating activities
$417.4M
$273.3M
$764.6M
$487.4M
Capital expenditures
($308.4M)
($103.9M)
($367.8M)
($230.1M)
Proceeds from insurance claims
$1.6M
$0
$22.2M
$22.2M
Proceeds from disposal of assets, net
$206.4M
$206.4M
$101.9M
$16.2M
Net cash provided by (used in) investing activities
($100.4M)
$102.5M
($243.7M)
($191.7M)
Issuance of debt
$800.0M
—
$0
—
Repayments of debt
($850.0M)
($56.6M)
—
—
Debt extinguishment costs
($40.7M)
—
—
—
Debt issuance costs
($17.4M)
—
$0
—
Warrants exercised
$3.1M
$2.6M
$41.0K
$38.0K
Share repurchases
$0
$0
($20.0M)
($20.0M)
Dividend payments
($163.2M)
($83.7M)
($240.4M)
($160.9M)
Withholding tax related to employee stock transactions
($9.7M)
($9.7M)
($9.7M)
($9.4M)
Finance lease payments
($62.5M)
($41.8M)
($18.5M)
($12.2M)
Net cash provided by (used in) financing activities
($340.6M)
($189.2M)
($288.6M)
($202.5M)
Net increase (decrease) in cash, cash equivalents, and restricted cash
($23.5M)
$186.6M
$232.2M
$93.2M
Cash, cash equivalents, and restricted cash, beginning of period
$480.0M
$480.0M
$252.3M
$252.3M
Cash, cash equivalents, and restricted cash, end of period