Jun 2026 (Q2 FY26) — Jul 28, 2026
Noble Corp. Q2 FY26 — Strong Backlog Growth Despite Brazil Headwinds
Read the full callNoble earnings: last reported Tue, 28 Jul 2026, for the quarter ended Jun 2026.
Reported
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 720 | −15.2% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 4.2 | −11.7 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | -36.7 | −185.6% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
Price
1Y: $27.48 on 17 Oct 2025 → $44.04. High $54.37 (18 May 2026), low $27.48 (17 Oct 2025).
Overview
Call summaries
Noble Corp. Q2 FY26 — Strong Backlog Growth Despite Brazil Headwinds
Read the full callNoble Corporation plc Q1 FY26 — Strong Backlog Growth and Tightening Deepwater Market
Read the full callEvery analysed call
Financials
Net profit, year on year: −186% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 801 | 927 | 874 | 849 | 798 | 764 | 786 | 720 |
| Expenses | 685 | 756 | 687 | 713 | 748 | 722 | 560 | 689 |
| Operating profit | 115 | 171 | 187 | 135 | 50 | 43 | 225 | 30 |
| Operating margin | 14.4% | 18.4% | 21.4% | 15.9% | 6.3% | 5.6% | 28.7% | 4.2% |
| Interest | 25 | 40 | 40 | 40 | 40 | 41 | 41 | 36 |
| Profit before tax | 93 | 124 | 149 | 100 | 11 | 14 | 194 | -20 |
| Tax rate | 34.0% | 22.4% | 27.2% | 57.1% | 298.3% | −528.3% | 37.7% | −79.9% |
| Net profit | 61 | 97 | 108 | 43 | -21 | 87 | 121 | -37 |
| EPS ($ per share) | 0.41 | — | 0.68 | 0.27 | -0.13 | — | 0.76 | -0.23 |
| Line item | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|
| Equity capital | — | 0 | 0 | 0 | 0 | 0 |
| Reserves | — | 102 | 256 | 541 | 411 | 287 |
| Total liabilities | — | 573 | 1,628 | 1,586 | 3,313 | 2,981 |
| Fixed assets | — | 1,479 | 3,981 | 4,124 | 6,036 | 5,403 |
| Total assets | — | 2,073 | 5,235 | 5,507 | 7,965 | 7,530 |
| Line item | Dec 2020 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Cash from operations | 273 | 281 | 574 | 655 | 952 |
| Cash from investing | -122 | 376 | -367 | -959 | -350 |
| Cash from financing | 107 | -368 | -326 | 188 | -374 |
| Net cash flow | 259 | 289 | -118 | -115 | 228 |
| Capital expenditure | -149 | -174 | -410 | -575 | -520 |
| Free cash flow | 124 | 107 | 165 | 80 | 432 |
| KPI | Mar 2026 Q1 FY26 | Jun 2026 Q2 FY26 | Change vs prior quarter |
|---|---|---|---|
| New contract awards | ~$565MOver the past 3 months, we secured new contract awards totaling approximately $565 million.Source: earnings call transcript | ~$200MOn a combined basis, we have booked approximately $200 million of new backlog across these awards with our backlog as of the fleet status report published yesterday, now standing at $6.8 billion.Source: earnings call transcript | — |
| Backlog | $7.5BWith these awards, our current backlog stands at $7.5 billion.Source: earnings call transcript | $6.8BOn a combined basis, we have booked approximately $200 million of new backlog across these awards with our backlog as of the fleet status report published yesterday, now standing at $6.8 billion.Source: earnings call transcript | -9.3% |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
86 filings between Jan 26, 2026 and Sep 4, 2026.
Purchases
None
No insider bought shares.
Sales
$22.93M
22 sales by 9 insiders
Also filed: 1 gift.
| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Barker Richard B. | — | $7.85M | Mar 18, 2026 |
| Eifler Robert W. | — | $6.94M | Jun 15, 2026 |
| Denton Blake | — | $3.36M | May 6, 2026 |
| Kawaja Joey M | — | $2.85M | May 5, 2026 |
| ALTING CAROLINE | — | $992.0K | Apr 28, 2026 |
| Howard Jennie | — | $382.9K | Apr 30, 2026 |
| Hirshberg Al J. | — | $263.1K | May 15, 2026 |
| IPSEN MIKKEL | — | $150.4K | Feb 17, 2026 |
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Sep 4, 2026 | Eifler Robert W. President & CEO | Gift | 21,750 | $0 |
| Jun 15, 2026 | Eifler Robert W. President & CEO | Sale | 17,071 | $780.3K |
| Jun 15, 2026 | Eifler Robert W. President & CEO | Sale | 32,929 | $1.50M |
| May 15, 2026 | Hirshberg Al J. Director | Sale | 1,500 | $78.9K |
| May 15, 2026 | Hirshberg Al J. Director | Sale | 3,500 | $184.2K |
| May 12, 2026 | SLEDGE CHARLES M Director | Sale | 724 | $37.4K |
| May 6, 2026 | Denton Blake SVP, Marketing & Contracts | Sale | 30,000 | $1.48M |
| May 5, 2026 | Kawaja Joey M SVP, Operations | Sale | 40,000 | $1.99M |
| Apr 30, 2026 | Howard Jennie SVP, Gen. Counsel & Corp. Sec. | Sale | 2,486 | $127.0K |
| Apr 29, 2026 | HOLTH KRISTIN Director | Option exercise | 3,649 | $0 |
| Apr 28, 2026 | ALTING CAROLINE SVP, Ops. Excellence & Sust | Sale | 15,340 | $809.1K |
| Mar 18, 2026 | Barker Richard B. EVP and CFO | Sale | 47,161 | $2.22M |
| Mar 18, 2026 | Eifler Robert W. President & CEO | Sale | 27,247 | $1.28M |
| Mar 18, 2026 | Barker Richard B. EVP and CFO | Sale | 102,839 | $4.77M |
| Mar 18, 2026 | Eifler Robert W. President & CEO | Sale | 72,753 | $3.38M |
| Mar 2, 2026 | Denton Blake SVP, Marketing & Contracts | Sale | 5,000 | $224.1K |
| Mar 2, 2026 | Denton Blake SVP, Marketing & Contracts | Sale | 14,334 | $649.2K |
| Feb 19, 2026 | SLEDGE CHARLES M Director | Sale | 2,083 | $93.0K |
| Feb 19, 2026 | Barker Richard B. EVP and CFO | Sale | 20,000 | $859.2K |
| Feb 17, 2026 | IPSEN MIKKEL SVP, Human Resources | Sale | 3,453 | $150.4K |
| Feb 17, 2026 | Denton Blake SVP, Marketing & Contracts | Sale | 23,255 | $1.01M |
| Feb 13, 2026 | ALTING CAROLINE SVP, Ops. Excellence & Sust | Sale | 4,195 | $182.9K |
| Feb 13, 2026 | Kawaja Joey M SVP, Operations | Sale | 19,725 | $858.2K |
| Feb 13, 2026 | Howard Jennie SVP, Gen. Counsel & Corp. Sec. | Sale | 6,094 | $255.9K |
| Feb 12, 2026 | IPSEN MIKKEL SVP, Human Resources | Tax withheld | 4,260 | $179.3K |
| Feb 12, 2026 | IPSEN MIKKEL SVP, Human Resources | Option exercise | 10,824 | — |
| Feb 12, 2026 | ALTING CAROLINE SVP, Ops. Excellence & Sust | Tax withheld | 7,810 | $328.8K |
| Feb 12, 2026 | ALTING CAROLINE SVP, Ops. Excellence & Sust | Award | 19,846 | — |
| Feb 12, 2026 | Barker Richard B. EVP and CFO | Award | 36,083 | — |
| Feb 12, 2026 | Barker Richard B. EVP and CFO | Tax withheld | 14,199 | $597.8K |
| Feb 12, 2026 | Denton Blake SVP, Marketing & Contracts | Tax withheld | 7,810 | $328.8K |
| Feb 12, 2026 | Denton Blake SVP, Marketing & Contracts | Award | 19,846 | — |
| Feb 12, 2026 | Howard Jennie SVP, Gen. Counsel & Corp. Sec. | Award | 13,531 | — |
| Feb 12, 2026 | Eifler Robert W. President & CEO | Tax withheld | 44,727 | $1.88M |
| Feb 12, 2026 | Kawaja Joey M SVP, Operations | Award | 19,849 | — |
| Feb 12, 2026 | Howard Jennie SVP, Gen. Counsel & Corp. Sec. | Tax withheld | 5,325 | $224.2K |
| Feb 12, 2026 | Eifler Robert W. President & CEO | Option exercise | 113,663 | — |
| Feb 12, 2026 | Kawaja Joey M SVP, Operations | Tax withheld | 7,810 | $328.8K |
| Feb 3, 2026 | HOLTH KRISTIN Director | Option exercise | 3,673 | $0 |
| Feb 3, 2026 | Howard Jennie SVP, Gen. Counsel & Corp. Sec. | Tax withheld | 2,570 | $93.6K |
| Feb 3, 2026 | Howard Jennie SVP, Gen. Counsel & Corp. Sec. | Option exercise | 6,531 | — |
| Feb 3, 2026 | Howard Jennie SVP, Gen. Counsel & Corp. Sec. | Option exercise | 2,485 | — |
| Feb 3, 2026 | Douglas Patrice D Director | Option exercise | 3,673 | $0 |
| Feb 3, 2026 | Hirshberg Al J. Director | Option exercise | 3,673 | $0 |
| Feb 3, 2026 | Barker Richard B. EVP and CFO | Tax withheld | 3,795 | $138.3K |
| Feb 3, 2026 | Howard Jennie SVP, Gen. Counsel & Corp. Sec. | Tax withheld | 980 | $35.7K |
| Feb 3, 2026 | Barker Richard B. EVP and CFO | Option exercise | 9,644 | — |
| Feb 3, 2026 | Barker Richard B. EVP and CFO | Tax withheld | 2,608 | $95.0K |
| Feb 3, 2026 | Barker Richard B. EVP and CFO | Option exercise | 6,627 | — |
| Feb 3, 2026 | HEMMINGSEN CLAUS Director | Option exercise | 3,673 | $0 |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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