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
DateValue
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%