Core Laboratories (CLB) Operating Expenses (2022 - 2026)
Core Laboratories (CLB) reported Operating Expenses of $18.3 million for Q1 2026, up 6.0% on a YoY basis from $17.2 million in Q1 2025, and up 28.35% quarter-over-quarter from $14.2 million in Q4 2025.
Core Laboratories (CLB) Operating Expenses (2022 - 2026) Analysis & Trends
Core Laboratories has reported Operating Expenses for 5 years, with the latest figure at $18.3 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 6.0% year-over-year to $18.3 million; the trailing twelve-month figure through Mar 2026 stood at $60.8 million (up 8.58% YoY), and the FY2025 full-year result was $59.7 million, up 10.15% from the prior year.
- Operating Expenses for Q1 2026 stood at $18.3 million, up from $14.2 million in the prior quarter.
- The five-year high for Operating Expenses was $18.3 million in Q1 2026, with the low at $3.7 million in Q4 2023.
- Historically, Operating Expenses has averaged $10.0 million across 5 years, with a median of $12.4 million in 2024.
- Annual changes were most pronounced in 2023 — Operating Expenses retreated 9.12% — and 2024, when it jumped 293.6%.
- Core Laboratories' Operating Expenses stood at $3.9 million in 2022, then slipped by 4.05% to $3.7 million in 2023, then surged by 236.89% to $12.6 million in 2024, then increased by 12.82% to $14.2 million in 2025, then grew by 28.35% to $18.3 million in 2026.
- The last three Operating Expenses figures came in at $18.3 million (Q1 2026), $14.2 million (Q4 2025), and $14.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn | 261.00 Mn |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | 732.00 Mn |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | 4.72 Bn |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | 2.14 Bn |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | -76.01 Mn |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | 9.00 Mn |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | 1.03 Bn |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | 45.83 Mn |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | 238.95 Mn |
| 10 | Core Laboratories | 595.72 Mn | 579.16 Mn | 95.84 Mn | 18.27 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 18.27 Mn |
| Dec 31, 2025 | 14.24 Mn |
| Sep 30, 2025 | 14.22 Mn |
| Jun 30, 2025 | 14.03 Mn |
| Mar 31, 2025 | 17.24 Mn |
| Dec 31, 2024 | 12.62 Mn |
| Sep 30, 2024 | 12.19 Mn |
| Jun 30, 2024 | 13.90 Mn |
| Mar 31, 2024 | 15.50 Mn |
| Dec 31, 2023 | 3.75 Mn |
| Sep 30, 2023 | 3.80 Mn |
| Jun 30, 2023 | 3.81 Mn |
| Mar 31, 2023 | 3.94 Mn |
| Dec 31, 2022 | 3.90 Mn |
| Sep 30, 2022 | 4.00 Mn |
| Jun 30, 2022 | 4.19 Mn |