Core Laboratories (CLB) Financial Statements & Analysis

Core Laboratories (CLB) Income Statement

Core Laboratories reported revenue of $526.52M in fiscal 2025 (fiscal year ended Dec 31, 2025), up 0.5% from $523.85M a year earlier. Net income was $29.67M, down 5.5% year over year, a net margin of 5.6%. Gross margin was 20.7% and operating margin 10.7%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $124.61M, down 4.3% from the same quarter a year earlier.

Core Laboratories Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Core Laboratories Inc. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	526.52	523.85	509.79	489.74	470.25	487.27	668.21	700.85	659.81
Cost of Revenue	417.59	420.52	415.74	393.66	386.41	385.14	495.58	520.05	499.18
Gross Profit	108.93	103.33	94.05	96.08	83.84	102.13	172.63	180.80	160.63
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	44.23	38.59	38.89	37.57	44.17	32.53	46.52	62.91	47.74
Operating Expenses	52.47	44.77	37.85	55.28	38.58	178.93	75.95	62.91	47.74
Operating Income	56.47	58.56	56.20	41.52	45.26	-76.81	96.68	118.62	112.44
Other Income/Expense
Interest Income	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Interest Expense	-10.57	-12.37	13.43	-11.57	9.15	14.37	14.69	13.33	10.73
Other Income/Expense	-10.57	-12.37	-1.56	-12.29	-9.15	-14.37	-14.69	-13.33	-8.26
Income
Income Before Tax	45.90	46.19	41.21	29.95	36.11	-91.18	81.99	105.29	101.71
Income Tax Expense	15.51	14.03	4.19	10.30	15.89	5.90	-12.29	25.45	18.61
Net Income	29.67	31.40	36.68	19.45	19.73	-97.64	101.98	79.53	83.13
Net Income - Continuous Operations	29.67	31.40	37.03	19.45	19.73	-97.64	101.98	79.53	83.13
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-
EBITDA	66.37	67.05	70.42	60.22	63.78	70.49	124.62	141.71	134.49
EBIT	51.72	52.10	54.64	43.05	45.26	-	-	-	-
Depreciation & Amortization	14.65	14.95	15.78	17.16	18.52	20.87	22.61	23.09	24.52
Earnings Per Share
Basic EPS	1.00	1.00	1.00	-	-	-2.00	2.00	2.00	2.00
Diluted EPS	1.00	1.00	1.00	-	-	-2.00	2.00	2.00	2.00
Basic Shares Outstanding	46.43	46.90	46.86	46.33	46.01	44.48	44.36	44.21	44.15
Diluted Shares Outstanding	47.03	47.69	47.52	46.81	46.69	44.97	44.65	44.47	44.26

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Core Laboratories Financial Statements

What was Core Laboratories's revenue in fiscal 2025?

Core Laboratories reported revenue of $526.52M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 0.5% from $523.85M a year earlier.

Is Core Laboratories profitable?

Yes. Core Laboratories earned net income of $29.67M in fiscal 2025, a net margin of 5.6%. In fiscal 2024 it earned $31.40M.

What is Core Laboratories's operating margin?

Core Laboratories's operating income was $56.47M on revenue of $526.52M in fiscal 2025, an operating margin of 10.7%, compared with 11.2% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition