Core Laboratories (CLB) Gross Margin (2022 - 2026)
Core Laboratories (CLB) recorded Gross Margin of 18.65% in Q2 2026, down 1.68 percentage points from 20.33% a year earlier but up 2.45 percentage points from the prior quarter.
Core Laboratories (CLB) Gross Margin (2022 - 2026) Analysis & Trends
On a TTM basis, Core Laboratories' Gross Margin came in at 19.52% as of Jun 30, 2026, down 0.05 percentage points year-over-year; for FY2025, it was 20.69%, up 0.96 percentage points from FY2024.
- Annual Gross Margin has a four-year change of -1.08 percentage points (FY2021 to FY2025).
- Across earlier years, Gross Margin came in at 19.72% in FY2024 (-1.82 pp), 21.54% in FY2023 (+1.93 pp), 19.62% in FY2022 (-2.15 pp) and 21.77% in FY2021.
- Quarterly Gross Margin has ranged from 16.19% in Q1 2026 to 22.92% in Q3 2023 over the past five years.
- On a year-over-year basis, Gross Margin rose in three of the last eight quarters, with an average year-over-year change of -0.82 percentage points.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 2.96 percentage points in Q4 2025, against a drop of 3.32 percentage points in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 16.19% (Q1 2026), 20.79% (Q4 2025) and 22.02% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 76.39 Bn | 73.50 Bn | 1.40 Bn | 15.55% |
| 2 | Baker Hughes | 56.70 Bn | 19.98 Bn | 1.58 Bn | 23.46% |
| 3 | TechnipFMC | 27.74 Bn | 23.88 Bn | 684.70 Mn | 24.78% |
| 4 | Halliburton | 27.03 Bn | 18.79 Bn | 804.00 Mn | 14.07% |
| 5 | Nov | 6.97 Bn | 1.76 Bn | 521.00 Mn | 24.41% |
| 6 | Noble | 6.81 Bn | 4.74 Bn | 239.27 Mn | 33.25% |
| 7 | Weatherford International | 5.95 Bn | 1.88 Bn | 333.00 Mn | 30.14% |
| 8 | Transocean | 5.90 Bn | 3.61 Bn | 358.00 Mn | 37.06% |
| 9 | Valaris | 5.52 Bn | 3.13 Bn | 123.70 Mn | 22.94% |
| 10 | Core Laboratories | 461.14 Mn | 373.35 Mn | 23.24 Mn | 18.65% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.65% |
| Mar 31, 2026 | 16.19% |
| Dec 31, 2025 | 20.79% |
| Sep 30, 2025 | 22.02% |
| Jun 30, 2025 | 20.33% |
| Mar 31, 2025 | 19.51% |
| Dec 31, 2024 | 17.83% |
| Sep 30, 2024 | 20.53% |
| Jun 30, 2024 | 21.17% |
| Mar 31, 2024 | 19.32% |
| Dec 31, 2023 | 20.82% |
| Sep 30, 2023 | 22.92% |
| Jun 30, 2023 | 21.57% |
| Mar 31, 2023 | 20.90% |
| Dec 31, 2022 | 21.76% |
| Sep 30, 2022 | 21.46% |
| Jun 30, 2022 | 18.98% |
Core Laboratories Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=CLB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "CLB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=CLB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();