Filing Flows › Noble (NE) › Operating margin
Noble (NE) operating margin by quarter
Noble's operating margin was 28.7% in Q1 2026 (first quarter 2026), +23.1 pts from Q4 2025. Over the last 4 quarters it ranged from 5.6% (Q4 2025) to 28.7% (Q1 2026).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q1 2026 | 28.7% | +23.1 pts | +7.3 pts |
| Q4 2025 | 5.6% | -10.4 pts | — |
| Q2 2025 | 15.9% | -5.5 pts | — |
| Q1 2025 | 21.4% | — | — |
Q1 2026 at a glance
Noble, Q1 2026: revenue $786M (-10% year over year), operating margin 28.7%, net earnings $121M, operating cash flow $273M. The chart follows the revenue to costs, profit and cash.
Questions
What is Noble's operating margin?
Noble's operating margin was 28.7% in Q1 2026 (first quarter 2026), +23.1 pts from Q4 2025.
How has Noble's operating margin changed?
Over the last 4 quarters it ranged from 5.6% (Q4 2025) to 28.7% (Q1 2026).