Noble Corp plc (NE) FY2025 10-K Annual Report

Filed: Feb 12, 2026
Energy
Drilling Oil & Gas WellsSEC EDGAR

Noble Corp plc (NE) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Feb 12, 2026. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

Noble Corp plc FY2025 10-K Analysis

Business Overview

  • Core business offshore drilling services with 36 rigs (25 floaters, 11 jackups) worldwide
  • Completed acquisition of Diamond Offshore Drilling in September 2024 via stock and cash deal
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Management Discussion & Analysis

  • Revenue $3.3B for 2025, net income $216.7M or $1.35 per diluted share
  • Operating margin not explicitly stated; net income margin approx. 6.57% (216.7M / 3.3B)
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Risk Factors

  • Regulatory risk from potential non-enforcement of pollution liability indemnities under contracts exposed to unpredictable judicial review risks
  • Geopolitical exposure to Russia-Ukraine conflict and Middle East instability impacting operations and causing regional/global market volatility
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Noble Corp plc FY2025 Key Financial Metrics
XBRL

Revenue

$3.3B

+7.4% YoY

Net Income

$217M

-51.7% YoY

Operating Margin

12.6%

-710bp YoY

Net Margin

6.6%

-807bp YoY

ROE

4.8%

-487bp YoY

Total Assets

$7.5B

-5.5% YoY

EPS (Diluted)

$1.35

-54.4% YoY

Operating Cash Flow

$952M

+45.2% YoY

Source: XBRL data from Noble Corp plc FY2025 10-K filing on SEC EDGAR. All figures in USD.

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