Skip to content
OpenCapital
Get started

Noble Corporation NE Q1 2026 earnings

Reported April 26, 2026 · After market close

Revenue$785.7MBeat by $55.2M
EPS$0.26Beat by $0.05
Revenue estimate$730.5M
EPS estimate$0.21

Next report

Oct 26, 2026 (in 3 months)
Revenue estimate$722.9M
EPS estimate$0.23

Financials

Q1 2026

Income statement

See full
Revenue$785.7M-10.2%
Operating income$225.3M+20.3%
Net income$120.7M+11.5%
EPS (diluted)$0.75+11.9%

Balance sheet

See full
Cash & equivalents$666.6M+116%
Total debt$2.0B-1.1%
Total equity$4.6B-1.5%
Total assets$7.5B-5.5%

Cash flow

See full
Operating cash flow$273.3M+0.8%
CapEx$103.9M-8.5%
Free cash flow$169.4M+7.6%

Valuation & ratios

Valuation

as of 03/31/26
See full
Market cap$7.83B+108%
Enterprise value$9.12B+67.8%
P/E34.2×+26.0×
P/S2.4×+1.3×

Profitability

See full
Operating margin14.2%-6.6pp
Net margin7.2%-6.8pp
FCF margin13.9%+5.4pp

Returns & leverage

See full
Return on equity5%-5.8pp
Debt / equity0.4×0.0×
Current ratio2×+0.4×

Segments

By product

See full
Floaters$620.6M-10.5%
Jackups$122.0M-12.2%

Versus estimates

Revenue

Q2 2026$719.7MBeat by $21.7M
Q1 2026$785.7MBeat by $55.2M
Q4 2025$764.4MBeat by $33.3MQ3 2025$798.0MBeat by $62.2MQ2 2025$848.7MBeat by $29.3MQ1 2025$874.5MBeat by $2.0M

Diluted EPS

Q2 2026$0.01Miss by $0.14
Q1 2026$0.26Beat by $0.05
Q4 2025$0.09Miss by $0.06Q3 2025$0.19Miss by $0.07Q2 2025$0.13Miss by $0.34Q1 2025$0.26Miss by $0.19

Ask the moment Noble Corporation reports.

Connect your AI and ask the moment the filing drops. It reads the release, surfaces what management said, and gives you its own read.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

When did Noble Corporation report Q1 2026 earnings?
Noble Corporation (NE) reported Q1 2026 earnings on April 26, 2026 after market close.
What were Noble Corporation's Q1 2026 revenue and EPS?
Noble Corporation reported revenue of $785.7M and eps of $0.26 for Q1 2026.
Did Noble Corporation beat estimates in Q1 2026?
Revenue beat the consensus estimate of $730.5M by $55.2M. EPS beat the consensus estimate of $0.21 by $0.05.
How did Noble Corporation's Q1 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue declined 10.2% from $874.5M a year earlier and eps grew 0.0% from $0.26.
Where can I find Noble Corporation's Q1 2026 SEC filings?
You can read the 8-K earnings release (0001895262-26-000108) and the 10-Q periodic report (0001895262-26-000111) directly on SEC EDGAR. The filing index links above go to sec.gov.