Filing Flows › Noble (NE) › Q3 2026
Noble (NE) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 27, 2026
Noble (NE) reported revenue of $729M for the third quarter 2026 (Q3 2026), -9% from a year earlier and +1% from the quarter before. Operating margin was 8.2%, net loss $117M (16.1% of revenue).
Noble, Q3 2026: revenue $729M (-9% year over year), operating margin 8.2%, net loss $117M, operating cash flow $144M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $729M | +1% | -9% |
| Operating profit | $60.1M | +97% | +19% |
| Net earnings | −$117M | — | — |
| Operating cash flow | $144M | +0.2% | -48% |
What changed
Revenue was $728.8M in Q3 2026, down 9% year over year and up 1% from the previous quarter. Floaters was the largest line at 77% of revenue. Floaters lost $66.8M year over year (down 11%), 96% of the total change.
Operating profit was $60.1M, a 8.2% margin (up 1.9 points year over year). Total costs fell 11% while revenue fell 9%. The quarter ended with a net loss of $117.0M, wider than the previous quarter's $36.7M loss.
Operating cash flow was $144.5M (down 48% year over year). Non-cash charges added back $2.5M of share-based compensation. Working capital and other items added $259.0M. Capital expenditures of $192.0M exceeded it, leaving free cash flow of −$47.5M.
Questions
What was Noble's revenue in the third quarter 2026?
Noble (NE) reported revenue of $729M for the third quarter 2026 (Q3 2026), -9% from a year earlier and +1% from the quarter before.
Was Noble profitable in the third quarter 2026?
Operating profit was $60.1M (8.2% of revenue) and net loss $117M.
Source: Noble 10-Q on SEC EDGAR.