Core Laboratories (CLB) Revenue & Revenue Breakdown

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Core Laboratories Revenue Highlights

Latest Revenue (Y)

$509.79M

Latest Revenue (Q)

$134.40M

Main Segment (Y)

Operating Segment Reservoir Description

Main Geography (Y)

Other Countries

Core Laboratories Revenue by Period

Core Laboratories Revenue by Year

Date	Revenue	Change
2023-12-31	$509.79M	4.10%
2022-12-31	$489.74M	4.14%
2021-12-31	$470.25M	-3.49%
2020-12-31	$487.27M	-27.08%
2019-12-31	$668.21M	-4.66%
2018-12-31	$700.85M	6.22%
2017-12-31	$659.81M	10.94%
2016-12-31	$594.74M	-25.43%
2015-12-31	$797.52M	-26.51%
2014-12-31	$1.09B	1.09%
2013-12-31	$1.07B	9.42%
2012-12-31	$981.08M	8.09%
2011-12-31	$907.65M	14.22%
2010-12-31	$794.65M	14.25%
2009-12-31	$695.54M	-10.92%
2008-12-31	$780.84M	16.45%
2007-12-31	$670.54M	16.48%
2006-12-31	$575.69M	19.08%
2005-12-31	$483.47M	13.11%
2004-12-31	$427.43M	5.37%
2003-12-31	$405.64M	11.21%
2002-12-31	$364.75M	-3.14%
2001-12-31	$376.57M	12.04%
2000-12-31	$336.10M	10.67%
1999-12-31	$303.70M	6.11%
1998-12-31	$286.20M	33.18%
1997-12-31	$214.90M	103.89%
1996-12-31	$105.40M	31.59%
1995-12-31	$80.10M	-

Core Laboratories generated $509.79M in revenue during NA 2023, up 4.10% compared to the previous quarter, and up 72.74% compared to the same period a year ago.

Core Laboratories Revenue by Quarter

Date	Revenue	Change
2024-09-30	$134.40M	2.93%
2024-06-30	$130.58M	0.73%
2024-03-31	$129.64M	1.11%
2023-12-31	$128.21M	2.29%
2023-09-30	$125.34M	-1.98%
2023-06-30	$127.88M	-0.37%
2023-03-31	$128.36M	0.62%
2022-12-31	$127.57M	1.27%
2022-09-30	$125.97M	4.19%
2022-06-30	$120.90M	4.86%
2022-03-31	$115.30M	-7.86%
2021-12-31	$125.14M	6.06%
2021-09-30	$117.98M	-0.64%
2021-06-30	$118.75M	9.56%
2021-03-31	$108.38M	-4.72%
2020-12-31	$113.75M	7.94%
2020-09-30	$105.38M	-8.95%
2020-06-30	$115.74M	-24.06%
2020-03-31	$152.40M	-2.79%
2019-12-31	$156.78M	-9.48%
2019-09-30	$173.20M	2.46%
2019-06-30	$169.04M	-0.09%
2019-03-31	$169.19M	-2.32%
2018-12-31	$173.21M	-4.91%
2018-09-30	$182.15M	3.80%
2018-06-30	$175.47M	3.21%
2018-03-31	$170.02M	-1.07%
2017-12-31	$171.85M	3.37%
2017-09-30	$166.25M	1.43%
2017-06-30	$163.90M	3.86%
2017-03-31	$157.81M	5.53%
2016-12-31	$149.54M	4.22%
2016-09-30	$143.48M	-3.10%
2016-06-30	$148.07M	-3.63%
2016-03-31	$153.65M	-15.91%
2015-12-31	$182.72M	-7.37%
2015-09-30	$197.26M	-3.25%
2015-06-30	$203.89M	-4.57%
2015-03-31	$213.64M	-23.32%
2014-12-31	$278.62M	0.90%
2014-09-30	$276.13M	3.20%
2014-06-30	$267.56M	1.77%
2014-03-31	$262.90M	-4.84%
2013-12-31	$276.28M	1.14%
2013-09-30	$273.16M	3.81%
2013-06-30	$263.14M	0.85%
2013-03-31	$260.93M	2.54%
2012-12-31	$254.46M	3.68%
2012-09-30	$245.43M	-0.64%
2012-06-30	$247.01M	5.47%
2012-03-31	$234.19M	-3.94%
2011-12-31	$243.79M	5.38%
2011-09-30	$231.34M	2.46%
2011-06-30	$225.78M	9.22%
2011-03-31	$206.73M	-0.70%
2010-12-31	$208.19M	4.50%
2010-09-30	$199.22M	0.16%
2010-06-30	$198.90M	5.61%
2010-03-31	$188.34M	3.71%
2009-12-31	$181.60M	8.22%
2009-09-30	$167.80M	0.32%
2009-06-30	$167.26M	-6.49%
2009-03-31	$178.88M	-11.09%
2008-12-31	$201.19M	-0.66%
2008-09-30	$202.52M	2.45%
2008-06-30	$197.69M	10.17%
2008-03-31	$179.44M	-

Core Laboratories generated $134.40M in revenue during Q3 2024, up 2.93% compared to the previous quarter, and up 105.10% compared to the same period a year ago.

Core Laboratories Revenue Breakdown

Core Laboratories Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 22	Dec 21	Dec 20	Dec 19	Dec 18
Operating Segment Production Enhancement	$50.77M	$47.77M	$44.34M	$84.39M	$99.72M
Operating Segment Reservoir Description	$296.20M	$296.58M	$332.08M	$389.80M	$387.10M

Core Laboratories's latest annual revenue breakdown by segment (product or service), as of Dec 22: Operating Segment Reservoir Description (85.37%), and Operating Segment Production Enhancement (14.63%).

Quarterly Revenue by Product

Product/Service	Sep 24	Jun 24	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19
Product	$35.55M	$34.24M	$34.62M	$37.28M	$38.63M	$38.08M	$35.48M	$30.58M	$35.86M	$33.16M	$32.48M	$24.40M	$24.55M	$19.13M	$24.73M	$42.43M	$41.61M	$52.38M	$51.16M	$48.86M
Service	$98.84M	$96.34M	$93.27M	$91.08M	$88.94M	$87.89M	$85.42M	$84.72M	$89.28M	$84.82M	$86.26M	$83.98M	$89.19M	$86.25M	$91.01M	$109.97M	$115.16M	$120.82M	$117.87M	$120.34M

Core Laboratories's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Service (73.54%), and Product (26.46%).

Core Laboratories Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 22	Dec 21	Dec 20	Dec 19	Dec 18
UNITED STATES	$166.70M	$148.18M	$158.94M	$289.17M	$324.07M
Other Countries	$323.03M	$322.07M	$328.33M	$353.80M	$342.14M
CANADA	-	-	-	$25.24M	$34.63M

Core Laboratories's latest annual revenue breakdown by geography, as of Dec 22: Other Countries (65.96%), and UNITED STATES (34.04%).

Core Laboratories Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
NOV	NOV	$8.58B	$2.19B
CHX	ChampionX	$3.76B	$906.53M
MRC	MRC Global	$3.41B	$2.74B
NEX	NexTier Oilfield Solutions	$3.24B	$945.09M
EFXT	Enerflex	$3.16B	$860.40M
OII	Oceaneering	$2.42B	$679.81M
DNOW	NOW	$2.32B	$633.00M
RES	RPC	$1.62B	$337.65M
VTOL	Bristow Group	$1.23B	$365.12M
WHD	Cactus	$1.10B	$293.18M
NOA	North American Construction Group	$957.22M	$297.03M
OIS	Oil States	$782.28M	-
NR	Newpark Resources	$749.60M	$-188.15M
CLB	Core Laboratories	$509.79M	$134.40M
CCLP	CSI Compressco LP	$386.13M	$98.27M
SOI	Solaris Oilfield Infrastructure	$292.95M	$73.89M
GEOS	Geospace	$124.51M	$25.86M
NGS	Natural Gas Services Group	$121.17M	$40.69M
DRQ	Dril-Quip	$2.56M	$120.34M

CLB Revenue FAQ

What is Core Laboratories’s yearly revenue?

Core Laboratories's yearly revenue for 2023 was $509.79M, representing an increase of 4.10% compared to 2022. The company's yearly revenue for 2022 was $489.74M, representing an increase of 4.14% compared to 2021. CLB's yearly revenue for 2021 was $470.25M, representing a decrease of -3.49% compared to 2020.

What is Core Laboratories’s quarterly revenue?

Core Laboratories's quarterly revenue for Q3 2024 was $134.4M, a 2.93% increase from the previous quarter (Q2 2024), and a 7.22% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $130.58M, a 0.73% increase from the previous quarter (Q1 2024), and a 2.11% increase year-over-year (Q2 2023). CLB's quarterly revenue for Q1 2024 was $129.64M, a 1.11% increase from the previous quarter (Q4 2023), and a 1.00% increase year-over-year (Q1 2023).

What is Core Laboratories’s revenue growth rate?

Core Laboratories's revenue growth rate for the last 3 years (2021-2023) was 8.41%, and for the last 5 years (2019-2023) was -23.71%.

What are Core Laboratories’s revenue streams?

Core Laboratories's revenue streams in c 22 are Operating Segment Production Enhancement, and Operating Segment Reservoir Description. Operating Segment Production Enhancement generated $50.77M in revenue, accounting 14.63% of the company's total revenue, up 6.30% year-over-year. Operating Segment Reservoir Description generated $296.2M in revenue, accounting 85.37% of the company's total revenue, down -0.13% year-over-year.

What is Core Laboratories’s main source of revenue?

For the fiscal year ending Dec 22, the largest source of revenue of Core Laboratories was Operating Segment Reservoir Description. This segment made a revenue of $296.2M, representing 85.37% of the company's total revenue.