CLB

MKT CAP:$800M

Core Laboratories N.V.

Market Cap

$800M

Energy·Oil & Gas Equipment & Services·🇳🇱 Netherlands·NYSE

Energy·Oil & Gas Equipment & Services·🇳🇱·NYSE

Stock Price

$17.06+$0.11 (+0.65%)

Apr 22, 2026

Company Details

Core Laboratories N.V. provides reservoir description and production enhancement services and products to the oil and gas industry in the United States, Canada, and internationally. It operates through Reservoir Description and Production E...

CEO

Christopher Scott Hill

IPO Date

Sep 21, 1995

Website

www.corelab.com

Key Metrics TTM

Revenue

$532M

+0.3% YoY

Net Income

$33M

EPS (Diluted)

$0.69

Free Cash Flow

$27M

Revenue / Share

$11.45

Gross Margin

17.5%

Operating Margin

10.9%

Net Margin

6.1%

FCF Margin

5.1%

P/S

1.5x

P/E

24.5x

Earnings Reports

Q1 2026

Apr 29, 2026

PENDING

FY 2025

Mar 20, 2026

$527MEPS $0.68

Q4 2025

Mar 20, 2026

$138MEPS $0.15

Q2 2025

Jul 24, 2025

$130MEPS $0.22

Q3 2024

Oct 24, 2024

$134M+7.2%EPS $0.25

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q2 17	$164M	$40M	$29M
Q3 17	$166M	$39M	$27M
Q4 17	$172M	$44M	$32M
Q1 18	$170M	$45M	$32M
Q2 18	$175M	$46M	$33M
Q3 18	$182M	$48M	$35M
Q1 19	$169M	$36M	$16M
Q4 19	$157M	$33M	$21M
Q1 20	$152M	$32M	-$109M
Q4 21	$125M	$28M	$14M
Q2 23	$128M	$28M	$19M
Q3 23	$125M	$25M	$15M
Q1 24	$130M	$21M	$9M
Q3 24	$134M	$24M	$20M
Q2 25	$130M	$23M	$15M
Q4 25	$138M	$25M	$14M

Valuation

Quarter	P/S	P/E
Q2 17	—	—
Q3 17	6.8x	57.0x
Q4 17	7.9x	63.0x
Q1 18	7.0x	52.8x
Q2 18	7.3x	54.7x
Q3 18	7.4x	56.2x
Q1 19	4.4x	27.5x
Q4 19	3.1x	21.5x
Q1 20	0.6x	—
Q4 21	1.9x	—
Q2 23	1.9x	—
Q3 23	2.1x	—
Q1 24	1.6x	21.1x
Q3 24	1.7x	18.5x
Q2 25	1.0x	15.5x
Q4 25	1.4x	23.5x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q2 17	$19M	$16M
Q3 17	$30M	$25M
Q4 17	$46M	$41M
Q1 18	$23M	$19M
Q2 18	$27M	$20M
Q3 18	$24M	$20M
Q1 19	$25M	$20M
Q4 19	$21M	$16M
Q1 20	$22M	$19M
Q4 21	$6M	$2M
Q2 23	$9M	$6M
Q3 23	-$215.9K	-$4M
Q1 24	$6M	$2M
Q3 24	$13M	$10M
Q2 25	$15M	$10M
Q4 25	$8M	$4M

Capital Expenditures

Quarter	CapEx
Q2 17	$3M
Q3 17	$5M
Q4 17	$5M
Q1 18	$4M
Q2 18	$7M
Q3 18	$4M
Q1 19	$5M
Q4 19	$5M
Q1 20	$3M
Q4 21	$4M
Q2 23	$2M
Q3 23	$3M
Q1 24	$3M
Q3 24	$3M
Q2 25	$5M
Q4 25	$4M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q4 17	+11.8%	+6.7%
Q1 18	+7.7%	+2.3%
Q2 18	+7.1%	+5.6%
Q3 18	+9.6%	+6.1%
Q1 19	-1.5%	+9.5%
Q4 19	-7.8%	-1.4%
Q1 20	-13.2%	+84.0%
Q4 21	-31.3%	-24.7%
Q2 23	-24.4%	-28.7%
Q3 23	-20.1%	-18.5%
Q1 24	-14.9%	-53.7%
Q3 24	+7.4%	+3.3%
Q2 25	+1.8%	+5.4%
Q4 25	+10.3%	+11.9%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q2 17	$6M	3.6%
Q3 17	$6M	3.5%
Q4 17	$6M	3.3%
Q1 18	$6M	3.7%
Q2 18	$6M	3.5%
Q3 18	$6M	3.4%
Q1 19	$11M	6.6%
Q4 19	$3M	2.1%
Q1 20	$11M	6.9%
Q4 21	$0	0.0%
Q2 23	$1M	1.1%
Q3 23	$2M	1.7%
Q1 24	$5M	3.7%
Q3 24	-$2M	-1.4%
Q2 25	$0	0.0%
Q4 25	$1M	0.8%

OpEx Breakdown

Quarter	G&A	S&M	SG&A
Q2 17	$11M	—	—
Q3 17	$12M	—	—
Q4 17	$12M	—	—
Q1 18	$13M	—	—
Q2 18	$12M	—	—
Q3 18	$13M	—	—
Q1 19	$17M	—	—
Q4 19	$10M	—	—
Q1 20	$20M	—	—
Q4 21	$11M	—	—
Q2 23	$6M	—	—
Q3 23	$9M	—	—
Q1 24	$11M	$290.0K	—
Q3 24	$8M	—	—
Q2 25	$10M	—	—
Q4 25	—	—	$11M

Revenue Segments

Quarter	Product	Service
Q1 19	$49M	$120M
Q4 19	$42M	$115M
Q1 20	$42M	$110M
Q4 21	$36M	$89M
Q2 23	$35M	$93M
Q3 23	$32M	$93M
Q1 24	$33M	$96M
Q3 24	$36M	$99M
Q2 25	$34M	$96M
Q4 25	$31M	$107M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$22M	$0	$22M
Q2 22	$16M	$0	$16M
Q3 22	$14M	$0	$14M
Q4 22	$15M	$0	$15M
Q1 23	$16M	$0	$16M
Q2 23	$26M	$0	$26M
Q3 23	$17M	$0	$17M
Q4 23	$15M	$0	$15M
Q1 24	$15M	$0	$15M
Q2 24	$18M	$0	$18M
Q3 24	$21M	$0	$21M
Q4 24	$19M	$0	$19M
Q1 25	$22M	$0	$22M
Q2 25	$31M	$0	$31M
Q3 25	$26M	$0	$26M
Q4 25	$23M	$0	$23M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q2 17	44M	+0.1%	—
Q3 17	44M	-0.1%	—
Q4 17	44M	-0.1%	+4.1%
Q1 18	44M	+0.4%	+0.3%
Q2 18	44M	+0.1%	+0.3%
Q3 18	45M	+0.2%	+0.6%
Q1 19	45M	+0.3%	+1.0%
Q4 19	45M	-0.2%	+0.4%
Q1 20	44M	-0.4%	-0.1%
Q4 21	47M	+5.6%	+5.2%
Q2 23	47M	+1.2%	+6.2%
Q3 23	48M	+0.2%	+6.7%
Q1 24	48M	+0.2%	+7.3%
Q3 24	48M	+0.2%	+1.9%
Q2 25	48M	-0.7%	+0.0%
Q4 25	47M	-2.1%	-2.3%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q2 17	$37.3K	4K
Q3 17	$37.8K	4K
Q4 17	$37.4K	5K
Q1 18	$37.0K	5K
Q2 18	$38.1K	5K
Q3 18	$39.6K	5K
Q1 19	$36.0K	5K
Q4 19	$36.5K	4K
Q1 20	$35.4K	4K
Q4 21	$33.8K	4K
Q2 23	$35.5K	4K
Q3 23	$34.8K	4K
Q1 24	$36.0K	4K
Q3 24	$37.3K	4K
Q2 25	$36.2K	4K
Q4 25	$38.4K	4K

Revenue / Employee