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Noble Corporation NE Contract Liabilities

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Other financials

Income statement

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Revenue$785.7M-10.2%
Operating income$30.5M-77.5%
Net income-$36.7M-186%
EPS (diluted)-$0.23-185%

Balance sheet

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Cash & equivalents$456.2M+32.1%
Total debt$1.9B-4.5%
Total equity$4.5B-3.1%
Total assets$7.2B-5.6%

Cash flow

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Operating cash flow$144.2M-33.4%
CapEx$204.5M+75.4%
Free cash flow-$60.4M-161%

Valuation

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Market cap$6.5B+48.9%
Enterprise value$7.93B+32.3%
P/E43.4×+29.3×

Profitability

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

Returns & leverage

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Return on equity3.3%-3.9pp
Debt / equity0.4×0.0×
Current ratio1.9×+0.1×

Where this comes from

Reported directly by Noble Corporation in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiability.

The source filing: Noble Corporation’s 10-Q, filed April 27, 2026.

Filed
Apr 27, 2026, 12:14 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001895262-26-000111
Line itemMarch 31, 2026December 31, 2025
Current customer contract assets$17,868$29,525
Noncurrent customer contract assets3891,112
Total customer contract assets18,25730,637
Current deferred revenue(53,911)(64,400)
Noncurrent deferred revenue(44,942)(32,718)
Total deferred revenue$(98,853)$(97,118)

Item 1. Financial Statements

FAQ

What is Noble Corporation's contract liabilities?
Noble Corporation (NE) reported contract liabilities of $98.85M in Q1 2026.
How has Noble Corporation's contract liabilities changed year-over-year?
Noble Corporation's contract liabilities decreased by 5.8% year-over-year, from $104.98M to $98.85M.
What does contract liabilities mean?
Revenue collected or billed in advance of performance — deferred revenue under ASC 606 terminology, representing future revenue obligations.

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