Company: NE-WTA
Filing Date: 2025-10-28
Form Type: 10-Q
Source: 0001895262-25-000016
Chunk: 8

Company: Noble Corp plc
Filing Date: 2025-10-28
Form: 10-Q
Item: Item 1
Chunk 8
---
IES

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(In thousands, except per share amounts)

(Unaudited)

Three Months Ended September 30,Nine Months Ended September 30,2025202420252024Operating revenuesContract drilling services$757,405 $763,543 $2,401,910 $2,036,678 Reimbursables and other40,612 37,006 119,246 93,799 798,017 800,549 2,521,156 2,130,477 Operating costs and expensesContract drilling services479,894 434,192 1,444,420 1,159,913 Reimbursables30,547 28,185 90,691 69,196 Depreciation and amortization147,260 109,879 437,482 287,347 General and administrative33,301 43,596 103,485 109,226 Merger and integration costs2,145 69,214 22,367 89,163 (Gain) loss on sale of operating assets, net(6,232)— (10,983)(17,357)Loss on impairment60,702 — 60,702 — 747,617 685,066 2,148,164 1,697,488 Operating income (loss)50,400 115,483 372,992 432,989 Other income (expense)Interest expense, net of amounts capitalized(40,490)(24,951)(120,954)(54,491)Interest income and other, net726 2,292 7,275 (10,626)Income (loss) before income taxes10,636 92,824 259,313 367,872 Income tax benefit (provision)(31,731)(31,608)(129,233)(16,167)Net income (loss)$(21,095)$61,216 $130,080 $351,705 Per share dataBasic:Net income (loss)$(0.13)$0.41 $0.82 $2.43 Diluted:Net income (loss)$(0.13)$0.40 $0.80 $2.37 

See accompanying notes to the unaudited condensed consolidated financial statements.

4

NOBLE CORPORATION plc AND SUBSIDIARIES