Core Laboratories (CLB) Gross Margin (2022 - 2026)
Core Laboratories (CLB) reported Gross Margin of 78.69% for Q1 2026, up 12.0% on a YoY basis from 70.26% in Q1 2025, and up 239.82% quarter-over-quarter from 56.28% in Q4 2025.
Core Laboratories (CLB) Gross Margin (2022 - 2026) Analysis & Trends
Core Laboratories has reported Gross Margin for 5 years, with the latest figure at 78.69% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin rose 12.0% year-over-year to 78.69%; the trailing twelve-month figure through Mar 2026 stood at 33.95% (down 2680.0% YoY), and the FY2025 full-year result was 42.6%, down 64.0% from the prior year.
- Gross Margin for Q1 2026 stood at 78.69%, up from 56.28% in the prior quarter.
- The five-year high for Gross Margin was 166.85% in Q4 2022, with the low at 56.28% in Q4 2025.
- Historically, Gross Margin has averaged 68.09% across 5 years, with a median of 76.29% in 2023.
- Annual changes were most pronounced in 2023 — Gross Margin soared 281 bps — and 2025, when it slumped 9969 bps.
- Core Laboratories' Gross Margin stood at 166.85% in 2022, then sank by 54 bps to 76.28% in 2023, then plunged by 43 bps to 43.41% in 2024, then sank by 230 bps to 56.28% in 2025, then surged by 240 bps to 78.69% in 2026.
- The last three Gross Margin figures came in at 78.69% (Q1 2026), 56.28% (Q4 2025), and 44.32% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn | 53.57% |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | 22.98% |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | 37.69% |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | 59.67% |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | - |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | 5.80% |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | 76.04% |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | 66.20% |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | 64.46% |
| 10 | Core Laboratories | 595.72 Mn | 579.16 Mn | 95.84 Mn | 78.69% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 78.69% |
| Dec 31, 2025 | -56.28% |
| Sep 30, 2025 | 44.32% |
| Jun 30, 2025 | 77.22% |
| Mar 31, 2025 | 78.57% |
| Dec 31, 2024 | 43.41% |
| Sep 30, 2024 | 43.82% |
| Jun 30, 2024 | 78.47% |
| Mar 31, 2024 | 76.30% |
| Dec 31, 2023 | 76.28% |
| Sep 30, 2023 | 77.95% |
| Jun 30, 2023 | 77.19% |
| Mar 31, 2023 | 76.16% |
| Dec 31, 2022 | 166.85% |
| Sep 30, 2022 | 75.14% |
| Jun 30, 2022 | 75.36% |