earnings
confidence high
sentiment neutral
materiality 0.70
Noble Q4 2025: revenue $764M, net income $87M; backlog hits $7.5B; Q1 dividend $0.50/share
Noble Corp plc
2025-FY EPS reported
$1.35
revenue$3,285,568,000
- Q4 contract drilling services revenue $705M, down from $757M prior quarter; net income $87M vs -$21M prior quarter.
- Adjusted EBITDA $232M (Q4 2024: $319M); adjusted diluted EPS $0.09 (prior year $0.56).
- Backlog increased to $7.5B with $1.3B in new awards since October, including $473M Noble GreatWhite (Aker BP) and $292M Noble Gerry de Souza (ExxonMobil).
- Full year 2026 guidance: total revenue $2.8-$3.0B, Adjusted EBITDA $940-$1,020M, CapEx $590-$640M.
- Board declared $0.50/share Q1 dividend (payable March 19; record March 4); completed $360M divestiture of five jackups.