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Noble Corporation NE Business Segments — Operating revenues

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Other financials

Income statement

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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

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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

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

Valuation

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Market cap$6.65B+108%
Enterprise value$7.94B+67.8%
P/E29×+22.1×
P/S2.1×+1.1×

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 equity5%-5.8pp
Debt / equity0.4×0.0×
Current ratio+0.4×

Where this comes from

Reported directly by Noble Corporation in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: Noble Corporation’s 10-K, filed February 12, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Noble Corporation's business segments — operating revenues?
Noble Corporation (NE) reported business segments — operating revenues of $821.39M in Q4 2025.
How has Noble Corporation's business segments — operating revenues changed year-over-year?
Noble Corporation's business segments — operating revenues increased by 7.4% year-over-year, from $764.45M to $821.39M.
What is the long-term trend for Noble Corporation's business segments — operating revenues?
Over 3 years (2022 to 2025), Noble Corporation's business segments — operating revenues has grown at a 32.5% compound annual growth rate (CAGR), from $1.41B to $3.29B.
What does business segments — operating revenues mean?
This metric represents the total gross revenue generated by the company's primary business segment through the provision of contract drilling services. It reflects the scale of operations and the market demand for the company's fleet of mobile offshore drilling units. Tracking this figure helps investors assess the segment's top-line growth and its contribution to the overall corporate financial performance.