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Core Laboratories CLB Service — Revenue

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Other financials

Income statement

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Revenue$121.8M-1.4%
Operating income$1.9M-57.3%
Net income-$789.0K-412%
EPS (diluted)-$0.02

Balance sheet

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Cash & equivalents$22.8M+3.2%
Total debt$167.8M-6.8%
Total equity$268.9M+6.1%
Total assets$587.7M+0.3%

Cash flow

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Operating cash flow$4.0M-40.5%
CapEx$3.4M+23.8%
Free cash flow$517.0K-86.7%

Valuation

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Market cap$560.71M+22.8%
Enterprise value$705.73M+16.8%
P/E19.3×+3.9×
P/S1.1×+0.2×

Profitability

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Operating margin10.3%-0.2pp
Net margin5.5%+0.1pp
FCF margin4.3%-4.6pp

Returns & leverage

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Return on equity11.1%-0.4pp
Debt / equity0.6×-0.1×
Current ratio-0.2×

Where this comes from

Reported directly by Core Laboratories in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

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
Line itemThree Months Ended / March 31, 2026Three Months Ended / March 31, 2025
REVENUE:
Services$94,252$95,091
Product sales27,54528,494
Total revenue121,797123,585
OPERATING EXPENSES:
Cost of services, exclusive of depreciation expense shown below76,11572,980
Cost of product sales, exclusive of depreciation expense shown below25,95826,489
General and administrative expense, exclusive of depreciation expense shown below14,71813,647

Item 1. Financial Statements

FAQ

What is Core Laboratories's service — revenue?
Core Laboratories (CLB) reported service — revenue of $94.25M in Q1 2026.
How has Core Laboratories's service — revenue changed year-over-year?
Core Laboratories's service — revenue decreased by 0.9% year-over-year, from $95.09M to $94.25M.
What is the long-term trend for Core Laboratories's service — revenue?
Over 4 years (2021 to 2025), Core Laboratories's service — revenue has grown at a 3.8% compound annual growth rate (CAGR), from $344.34M to $399.42M.
What does service — revenue mean?
This metric represents the total gross revenue generated from providing reservoir description and production enhancement services to oil and gas exploration and production clients. It excludes any assessed taxes collected from customers, reflecting the core top-line performance of the service-based business segment. This figure serves as a primary indicator of market demand for the company's technical analytical services and consulting expertise.

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