Core Laboratories (CLB) Gross Margin (2022 - 2026)
Core Laboratories (CLB) posted quarterly Gross Margin of 39.22% for Q2 2026, down 388.0% year-over-year from 13.62% in Q2 2025, and up 4.57% quarter-over-quarter from 37.51% in Q1 2026.
Core Laboratories (CLB) Gross Margin (2022 - 2026) Analysis & Trends
Core Laboratories' Gross Margin history runs 5 years deep, the most recent figure standing at 39.22% for Q2 2026.
- In Q2 2026, Gross Margin fell 388.0% year-over-year to 39.22%; the TTM figure through Jun 2026 stood at 40.86% (down 199.0% YoY), while the FY2025 annual figure was 42.6%, down 64.0% from the prior year.
- Gross Margin for Q2 2026 stood at 39.22%, up from 37.51% in the prior quarter.
- The five-year high for Gross Margin was 46.32% in Q3 2022, with the low at 37.51% in Q1 2026.
- The 5-year median for Gross Margin is 43.62% (2022), against an average of 43.17%.
- The sharpest annual moves came in 2023 and 2026: Gross Margin jumped 77 bps in 2023, then plunged 388 bps in 2026.
- Core Laboratories' Gross Margin stood at 45.4% in 2022, then dropped by 2 bps to 44.54% in 2023, then slipped by 3 bps to 43.41% in 2024, then declined by 3 bps to 41.94% in 2025, then declined by 6 bps to 39.22% in 2026.
- Business Quant data shows CLB's Gross Margin at 39.22% in Q2 2026, 37.51% in Q1 2026, and 41.94% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 79.95 Bn | 75.87 Bn | 4.63 Bn | 51.63% |
| 2 | Baker Hughes | 62.26 Bn | 46.53 Bn | 1.58 Bn | 23.46% |
| 3 | Tenaris | 53.14 Bn | 44.12 Bn | 984.66 | - |
| 4 | TechnipFMC | 30.70 Bn | 29.46 Bn | 1.40 Bn | 50.62% |
| 5 | Halliburton | 29.75 Bn | 27.71 Bn | 2.10 Bn | 36.80% |
| 6 | Nov | 7.28 Bn | 6.12 Bn | 521.00 Mn | 24.41% |
| 7 | Weatherford International | 6.57 Bn | 5.43 Bn | 662.00 Mn | 59.91% |
| 8 | Kodiak Gas Services | 5.74 Bn | 5.61 Bn | 246.76 Mn | 63.09% |
| 9 | Archrock | 5.62 Bn | 5.62 Bn | 244.51 Mn | 65.86% |
| 10 | Core Laboratories | 567.32 Mn | 544.58 Mn | 48.87 Mn | 39.22% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 39.22% |
| Mar 31, 2026 | 37.51% |
| Dec 31, 2025 | 177.07% |
| Sep 30, 2025 | 77.69% |
| Jun 30, 2025 | 43.11% |
| Mar 31, 2025 | 40.95% |
| Dec 31, 2024 | 43.41% |
| Sep 30, 2024 | 43.82% |
| Jun 30, 2024 | 42.70% |
| Mar 31, 2024 | 76.30% |
| Dec 31, 2023 | 172.70% |
| Sep 30, 2023 | 44.97% |
| Jun 30, 2023 | 77.19% |
| Mar 31, 2023 | 76.16% |
| Dec 31, 2022 | 76.36% |
| Sep 30, 2022 | 46.32% |
| Jun 30, 2022 | 43.62% |