Company: NE-WTA
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001628280-25-038188
Chunk: 6

Company: Noble Corp plc
Filing Date: 2025-08-06
Form: 10-Q
Item: Item 1
Chunk 6
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Item 1. Financial Statements

NOBLE CORPORATION plc AND SUBSIDIARIES

CONDENSED CONSOLIDATED BALANCE SHEETS

(In thousands, except share data)

(Unaudited)

June 30, 2025December 31, 2024ASSETSCurrent assetsCash and cash equivalents$338,185 $247,303 Accounts receivable, net761,725 796,961 Taxes receivable57,748 56,389 Prepaid expenses and other current assets 131,404 288,211 Total current assets1,289,062 1,388,864 Property and equipment, at cost6,999,287 6,904,731 Accumulated depreciation(1,143,045)(868,914)Property and equipment, net5,856,242 6,035,817 Other assets521,667 540,087 Total assets$7,666,971 $7,964,768 LIABILITIES AND EQUITYCurrent liabilitiesAccounts payable$341,333 $397,622 Accrued payroll and related costs99,595 116,877 Taxes payable88,205 78,900 Interest payable36,014 36,075 Other current liabilities150,826 310,888 Total current liabilities715,973 940,362 Long-term debt1,978,027 1,980,186 Deferred income taxes5,458 9,202 Noncurrent contract liabilities— 8,580 Other liabilities339,186 375,052 Total liabilities3,038,644 3,313,382 Commitments and contingencies (Note 10)Shareholders’ equityCommon stock, $0.00001 par value; 158,822,749 and 158,946,711 ordinary shares outstanding as of June 30, 2025, and December 31, 2024, respectively1 1 Additional paid-in capital4,242,337 4,236,172 Retained earnings381,474 411,244 Accumulated other comprehensive income (loss)4,515 3,969 Total shareholders’ equity4,628,327 4,651,386 Total liabilities and equity$7,666,971 $7,964,768 

See accompanying notes to the unaudited condensed consolidated financial statements.

3

NOBLE CORPORATION plc AND SUBSIDIAR