Filing Flows › Noble (NE) › How it makes money
How Noble (NE) makes money
Noble (NE) made $729M of revenue in the third quarter 2026 (Q3 2026), -9% from a year earlier. Oil and Gas Service brought in $684M (94%); Service, Other brought in $45.1M (6%).
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Oil and Gas Service | $684M | 93.8% | +0.6% | -10% |
| ↳ Floaters | $563M | 77.3% | +2% | -11% |
| ↳ Jackups | $120M | 16.5% | -6% | -5% |
| Service, Other | $45.1M | 6.2% | +12% | +11% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $729M | 100.0% |
| Income tax | $133M | 18.3% |
| Operating cash flow | $144M | 19.8% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $729M | -9% |
| Q2 2026 | $720M | -15% |
| Q1 2026 | $786M | -10% |
| Q4 2025 | $764M | -18% |
| Q3 2025 | $798M | -0.3% |
| Q2 2025 | $849M | +22% |
| Q1 2025 | $874M | +37% |
From Noble's 10-Q filed Oct 27, 2026 (on EDGAR).
Questions
How does Noble make money?
Noble (NE) made $729M of revenue in the third quarter 2026 (Q3 2026), -9% from a year earlier. Oil and Gas Service brought in $684M (94%); Service, Other brought in $45.1M (6%).
What is Noble's biggest business?
Oil and Gas Service: $684M in the third quarter 2026, 94% of revenue, -10% from a year earlier.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.