NYSE$CLB

Core Laboratories Inc · Q2 2025 earnings

Q2 2025 earnings · · After market close · Investor relations

Briefing

Core Laboratories Inc reported flat revenue and higher net income for Q2 2025 compared to the prior year.

Core Laboratories Inc achieved total revenue of $130.2 million in Q2 2025, essentially unchanged year-over-year, with operating income of $15.3 million. Net income attributable to the company rose to $10.6 million, or $0.23 per diluted share. The company maintained strong international project activity while navigating U.S. onshore softness and geopolitical impacts on crude assay services.

  • Q2 revenue held steady at $130.2 million year-over-year, with Reservoir Description at $86.3 million and Production Enhancement at $43.9 million.
  • Net income attributable to Core Laboratories Inc. increased 18% to $10.6 million, supported by lower interest expense and a reduced effective tax rate.
  • Cash and cash equivalents rose to $31.2 million at quarter end, aided by $20.6 million in operating cash flow for the first half of 2025.
  • The company declared a quarterly dividend of $0.01 per share and repurchased 369,230 shares year-to-date for $4.8 million.

Headline financials

Total Revenue

$130M

Previous: $131M-0.3%
EPS (adj)

$0.23

Previous: $0.19+21.1%
Capital Expenditures

-$6.26M

Previous: -$5.92M-5.8%
Net Income

$10.6M

Previous: $9.03M+17.8%
Operating Income

$15.3M

Previous: $16M-4.5%
Cash & Equivalents

$31.2M

Previous: $17.7M+76.3%

Revenue & EPS history

Core Labs · Revenue · Quarterly

$130M

Q2 2025-0.3%vs Q2 2024
Beat estimate in 2 of 3 quarters(67%)
ActualEstimate

Revenue by segment

Core Labs · $130M total across 2 segments · Q2 2025

  • Reservoir Description
    $86.3M
  • Production Enhancement
    $43.9M

Forward guidance

Global crude oil demand is expected to rise in 2025 and beyond, but near-term uncertainty from tariffs, OPEC+ production increases and geopolitical conflicts may pressure short-cycle U.S. activity while large international projects remain resilient.

Tailwinds

  • Large-scale international and offshore projects continue as planned.
  • Growing client investment in carbon capture, utilization and storage.
  • Value-focused operators form the core client base and support technology-driven work.

Headwinds

  • OPEC+ gradual production increases and potential inventory builds may weigh on crude prices.
  • U.S. onshore drilling and completion activity is sensitive to price volatility.
  • Geopolitical sanctions continue to disrupt crude trading and assay service demand.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 9 quarterly earnings reports

Historical avg

+4.1%

Avg return

Earnings day

+2.8%

Avg return

5 days after

-3.7%

Avg return

30 days after

67%

6 / 9 earnings

Positive

+28.8%

Q3 2025

Best reaction

-15.3%

Q1 2026

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025
Q1 2026-15.3%-17.7%-21.2%
Q4 2025-4.2%-4.9%-18.9%
Q3 2025+28.8%+29.0%+15.3%
Q1 2025+2.2%-2.1%-6.5%
Q3 2024+10.9%+14.2%+24.6%
Q2 2024+10.6%+11.2%-16.6%
Q1 2024+3.3%-4.4%+8.4%
Q3 2023+1.1%-10.8%-14.0%
Q2 2023-0.8%+10.6%-4.4%

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