Core Laboratories CLB OK — Gain Loss On Disposition Of Assets1
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Where this comes from
Reported directly by Core Laboratories in its filing.
Tagged under the XBRL concept us-gaap:GainLossOnDispositionOfAssets1.
The source filing: Core Laboratories’s 10-Q, filed April 30, 2026.
- Filed
- Apr 30, 2026, 6:03 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0001193125-26-198109
During the three months ended March 31, 2026 and 2025, as a result of our continuous efforts in consolidating and exiting certain facilities in the U.S. and other international locations for operational efficiency, we sold property in Tulsa, Oklahoma for a net gain of $0.9 million. In addition, we recognized a write-down of the associated leasehold improvements, right of use assets and other assets and incurred lease termination and other exit costs of $0.6 million and $0.7 million, respectively.
Item 1. Financial Statements
FAQ
- What is Core Laboratories's OK — gain loss on disposition of assets1?
- Core Laboratories (CLB) reported OK — gain loss on disposition of assets1 of $900K in Q1 2026.
- What does OK — gain loss on disposition of assets1 mean?
- This metric represents the net financial impact resulting from the sale, retirement, or abandonment of long-lived assets within the specified geographic segment. It reflects the difference between the carrying value of these assets and the proceeds received upon their disposal. Monitoring this figure helps investors assess the efficiency of capital recycling and the strategic divestment of underperforming or non-core infrastructure within the region.
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