Core Laboratories reports Q3 2026 revenue of $132.1 million
Core Laboratories posted third-quarter revenue of $132.1 million, marking a 6% sequential increase while remaining 2% lower than the same period last year.
Core Laboratories released its third-quarter 2026 financial results, highlighting a revenue of $132.1 million. While the company saw a 6% growth compared to the previous quarter, figures represent a 2% decline on a year-over-year basis.
Operating income for the quarter reached $12.1 million, rising to $12.6 million when adjusted for specific items. This reflects a 35% improvement over the second quarter, although the result remains 24% lower compared to the third quarter of 2025.
Earnings per share were reported at $0.12 under GAAP standards, with adjusted earnings per share sitting at $0.16. While this adjusted EPS marks a 46% increase sequentially, it represents a 27% year-over-year decrease. The company continues to navigate shifting market demands in the energy services sector.