Core Laboratories Inc. income statement
In fiscal 2025, Core Laboratories Inc. reported revenue of $527m, up 0.5% on the year before, operating income of $56.5m (a 10.7% margin) and net income of $29.7m, or $0.63 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|
| Revenue | 470 | 490 | 510 | 524 | 527 | 517 |
| Cost of revenue | — | 394 | 400 | 421 | 418 | 418 |
| Gross profit | — | 96 | 110 | 103 | 109 | 99 |
| General and administrative | — | 38 | 40 | 40 | 45 | 48 |
| Operating income | 45 | 42 | 55 | 59 | 56 | 39 |
| Interest expense | 9 | 12 | 13 | 12 | 11 | 11 |
| Income before tax | 36 | 30 | 41 | 46 | 46 | 28 |
| Income tax | 16 | 10 | 4 | 14 | 16 | 12 |
| Net income | 20 | 19 | 37 | 31 | 30 | 16 |
| Diluted EPS | $0.42 | $0.42 | $0.77 | $0.66 | $0.63 | $0.33 |
| Diluted shares (average) | 47m | 47m | 48m | 48m | 47m | 47m |
| EBITDA | 64 | 59 | 70 | 74 | 71 | 54 |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 129 | 124 | 130 | 135 | 138 | 122 | 125 | 132 |
| Cost of revenue | 106 | 99 | 104 | 105 | 110 | 102 | 101 | 105 |
| Gross profit | 23 | 24 | 26 | 30 | 29 | 20 | 23 | 27 |
| General and administrative | 9 | 14 | 10 | 11 | 11 | 15 | 11 | 11 |
| Operating income | 14 | 4 | 15 | 21 | 16 | 2 | 9 | 12 |
| Interest expense | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| Provision for credit losses | — | 1 | 1 | 1 | — | 0 | −0 | 0 |
| Income before tax | 12 | 2 | 13 | 18 | 13 | −1 | 6 | 9 |
| Income tax | 4 | 2 | 2 | 4 | 8 | −0 | 1 | 4 |
| Net income | 7 | −0 | 11 | 14 | 5 | −1 | 6 | 5 |
| Diluted EPS | $0.16 | $0.00 | $0.22 | $0.30 | $0.11 | −$0.02 | $0.13 | $0.12 |
| EBITDA | 18 | 8 | 19 | 25 | 20 | 6 | 13 | 16 |
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