Noble annual operating expenses
2020
2021
2022
2023
2024
2025
Noble Operating Expenses Growth & History (NE)
Noble's operating expenses was $2.87B for fiscal 2025.
View full Noble company overviewNoble annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $2.87B | $416.2M | +16.96% |
| 2024 | 2024-12-31 | $2.45B | $439.5M | +21.82% |
| 2023 | 2023-12-31 | $2.01B | $829.2M | +69.97% |
| 2022 | 2022-12-31 | $1.19B | $475.6M | +67.03% |
| 2021 | 2021-12-31 | $709.5M | −$4.33B | −85.93% |
| 2020 | 2020-12-31 | $5.04B | — | — |
Noble quarterly operating expenses
Q3.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $689.2M | −$24.2M | −3.39% |
| Q1 2026 | 2026-03-31 | $560.4M | −$126.8M | −18.45% |
| Q4 2025 | 2025-12-31 | $721.9M | −$34.5M | −4.56% |
| Q3 2025 | 2025-09-30 | $747.6M | $62.6M | +9.13% |
| Q2 2025 | 2025-06-30 | $713.4M | $230.5M | +47.74% |
| Q1 2025 | 2025-03-31 | $687.1M | $157.6M | +29.76% |
| Q4 2024 | 2024-12-31 | $756.3M | $271.0M | +55.85% |
| Q3 2024 | 2024-09-30 | $685.1M | $188.4M | +37.93% |
| Q2 2024 | 2024-06-30 | $482.9M | −$46.5M | −8.78% |
| Q1 2024 | 2024-03-31 | $529.5M | $26.6M | +5.29% |
| Q4 2023 | 2023-12-31 | $485.3M | $26.9M | +5.88% |
| Q3 2023 | 2023-09-30 | $496.7M | $242.4M | +95.30% |
| Q2 2023 | 2023-06-30 | $529.4M | $301.8M | +132.64% |
| Q1 2023 | 2023-03-31 | $502.9M | $258.1M | +105.40% |
| Q4 2022 | 2022-12-31 | $458.4M | — | — |
| Q3 2022 | 2022-09-30 | $254.3M | −$9.6M | −3.62% |
| Q2 2022 | 2022-06-30 | $227.6M | — | — |
| Q1 2022 | 2022-03-31 | $244.9M | — | — |
| Q3 2021 | 2021-09-30 | $263.9M | — | — |
Noble operating expenses trends
Over the last five fiscal years, Noble's operating expenses decreased from $5.04B to $2.87B, a change of −$2.17B. The latest reported quarter, Q2 2026, shows $689.2M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Noble source filings ↗