Core Laboratories (CLB) Gross Margin (2022 - 2026)
Core Laboratories' (CLB) quarterly Gross Margin came in at 37.51% in Q1 2026, down 344.0% year-on-year from 15.37% in Q1 2025, and down 78.82% quarter-over-quarter from 177.07% in Q4 2025.
Core Laboratories (CLB) Gross Margin (2022 - 2026) Analysis & Trends
Core Laboratories' Gross Margin history runs 5 years deep, the most recent figure standing at 37.51% for Q1 2026.
- On a quarterly basis, Gross Margin fell 344.0% year-over-year to 37.51% in Q1 2026; TTM through Mar 2026 was 85.97%, a 4322.0% increase from a year earlier, with the FY2025 full-year figure at 78.09%, up 3484.0% from the prior year.
- Gross Margin fell to 37.51% in Q1 2026 per CLB's latest filing, from 177.07% in the prior quarter.
- Across five years, Gross Margin topped out at 177.07% in Q4 2025 and bottomed at 37.51% in Q1 2026.
- The 5-year median for Gross Margin is 45.65% (2022), against an average of 69.99%.
- Across the five-year window, Gross Margin sank 12929 bps in 2024 and jumped 13365 bps in 2025, its largest moves.
- Year by year, Gross Margin stood at 76.36% in 2022, then surged by 126 bps to 172.7% in 2023, then slumped by 75 bps to 43.41% in 2024, then jumped by 308 bps to 177.07% in 2025, then tumbled by 79 bps to 37.51% in 2026.
- Per Business Quant, the three latest CLB Gross Margin figures stand at 37.51% (Q1 2026), 177.07% (Q4 2025), and 77.69% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 78.08 Bn | 74.69 Bn | 5.38 Bn | 61.69% |
| 2 | Tenaris | 58.18 Bn | 46.31 Bn | 1.05 Bn | 33.87% |
| 3 | TechnipFMC | 30.64 Bn | 29.36 Bn | 1.64 Bn | 65.69% |
| 4 | Halliburton | 27.87 Bn | 25.86 Bn | 2.04 Bn | 37.69% |
| 5 | Nov | 7.48 Bn | 6.14 Bn | 379.00 Mn | 18.47% |
| 6 | Weatherford International | 6.35 Bn | 5.21 Bn | 776.00 Mn | 70.23% |
| 7 | Archrock | 6.34 Bn | 6.34 Bn | 247.42 Mn | 66.20% |
| 8 | Oceaneering International | 5.28 Bn | 4.67 Bn | 127.27 Mn | 18.38% |
| 9 | Kodiak Gas Services | 5.09 Bn | 4.99 Bn | 222.88 Mn | 64.46% |
| 10 | Core Laboratories | 537.67 Mn | 514.85 Mn | 45.68 Mn | 37.51% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |