v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
CURRENT ASSETS:    
Cash and cash equivalents $ 22,735 $ 22,702
Accounts receivable, net of allowance for credit losses of $6,504 and $6,317 at 2026 and 2025, respectively 108,817 113,528
Inventories 57,961 54,496
Prepaid expenses 10,953 9,734
Income taxes receivable 7,265 7,270
Other current assets 6,629 6,935
TOTAL CURRENT ASSETS 214,360 214,665
PROPERTY, PLANT AND EQUIPMENT, net of accumulated depreciation of $318,900 and $320,707 at 2026 and 2025, respectively 100,390 99,447
RIGHT OF USE ASSETS 52,870 54,346
INTANGIBLES, net of accumulated amortization and impairment of $19,879 and $19,531 at 2026 and 2025, respectively 6,752 7,118
GOODWILL 105,796 105,789
DEFERRED TAX ASSETS, net 70,574 67,381
OTHER ASSETS 36,036 35,264
TOTAL ASSETS 586,778 [1] 584,010
CURRENT LIABILITIES:    
Accounts payable 40,163 37,275
Accrued payroll and related costs 21,736 26,525
Taxes other than payroll and income 3,509 4,272
Unearned revenues 5,076 5,552
Operating lease liabilities 11,940 11,456
Income taxes payable 1,615 4,255
Other current liabilities 17,011 16,680
TOTAL CURRENT LIABILITIES 101,050 106,015
LONG-TERM DEBT, net 113,861 110,255
LONG-TERM OPERATING LEASE LIABILITIES 39,314 42,309
DEFERRED COMPENSATION 29,938 29,381
DEFERRED TAX LIABILITIES, net 7,553 7,995
OTHER LONG-TERM LIABILITIES 16,293 15,847
COMMITMENTS AND CONTINGENCIES
EQUITY:    
Preference stock, 6,000,000 shares authorized, $0.01 par value; none issued or outstanding 0 0
Common stock, 200,000,000 shares authorized, $0.01 par value, 46,966,868 issued and 45,884,100 outstanding at 2026; 46,966,868 issued and 46,095,379 outstanding at 2025 470 470
Additional paid-in capital 115,512 110,245
Retained earnings 176,909 172,662
Accumulated other comprehensive income (loss) (5,678) (5,806)
Treasury stock (at cost), 1,082,768 and 871,489 shares at 2026 and 2025, respectively (14,544) (11,585)
Total Core Laboratories Inc. shareholders' equity 272,669 265,986
Non-controlling interest 6,100 6,222
TOTAL EQUITY 278,769 272,208
TOTAL LIABILITIES AND EQUITY $ 586,778 $ 584,010
[1]

(4) Total assets at June 30, 2025 included in the Reservoir Description operating segment have been adjusted for certain prior period immaterial corrections. See Note 2 - Significant Accounting Policies Update.