What is Noble Corporation's contract assets?

Noble Corporation (NE) reported contract assets of $17.87M in Q1 2026.

How has Noble Corporation's contract assets changed year-over-year?

Noble Corporation's contract assets decreased by 28.2% year-over-year, from $24.9M to $17.87M.

What is the long-term trend for Noble Corporation's contract assets?

Over 4 years (2021 to 2025), Noble Corporation's contract assets has grown at a 50.6% compound annual growth rate (CAGR), from $5.74M to $29.53M.

Noble Corporation NE Contract Assets

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$527M+16.6%

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$1.68B+23.3%

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$160.38M+17.8%

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$591M+10.9%

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$342.9M+8.9%

SS&C TechnologiesSSNC

$50.3M-14.5%

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 ratio2×+0.4×

Where this comes from

Reported directly by Noble Corporation in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerAssetGrossCurrent.

The official record: Noble Corporation’s 10-Q, filed April 27, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Noble Corporation's contract assets?: Noble Corporation (NE) reported contract assets of $17.87M in Q1 2026.
How has Noble Corporation's contract assets changed year-over-year?: Noble Corporation's contract assets decreased by 28.2% year-over-year, from $24.9M to $17.87M.
What is the long-term trend for Noble Corporation's contract assets?: Over 4 years (2021 to 2025), Noble Corporation's contract assets has grown at a 50.6% compound annual growth rate (CAGR), from $5.74M to $29.53M.