What is the total net service margin for each product in the portfolio?
How does the net service margin vary by product category?
Which products have the highest and lowest service order counts?
“Across the full product portfolio which products generate the highest net service margin and are certain products consistently more profitable to service than others”
Profitability Trends & Outliers
- Consistent Losses for Core Lab Instruments: This product line experienced negative net service margins from 2019 to 2023, with the lowest margin in 2023 at -186.9%.
- Turnaround in 2024 for Core Lab Instruments: After years of losses, this product line achieved a positive net service margin of 15.3% in 2024, further improving to 52.8% in 2025.
- High Profitability for Core Lab Reagents in 2022: This product line achieved a remarkable net service margin of 91.4% in 2022, indicating exceptional profitability.
- Volatile Performance for Core Partner Instruments: This product line showed fluctuating margins, with a peak of 36.8% in 2024 and a low of -24.6% in 2026.
- Stable Margins for Hema Instruments: This product line maintained relatively stable margins, with a notable high of 32.5% in 2026 and a low of -4.7% in 2021.
- Mixed Results for Hema Partner Instruments: This product line had varied performance, with a high margin of 31.9% in 2023 and a low of -29.8% in 2021.
Overall, the dominant pattern reveals significant variability in net service margins across different product lines and years, with some products showing marked improvements or declines over time.
▤AI Response — Table
| Product Name | Billing Year | Service Revenue | Service Cost | Net Service Margin | Margin Pct |
|---|
| Core Lab Instruments | 2,017 | $0 | $0 | $0 | 0% |
| Core Lab Instruments | 2,019 | $152.38K | $261.44K | -$109.06K | -71.6% |
| Core Lab Instruments | 2,020 | $128.91K | $167.23K | -$38.32K | -29.7% |
| Core Lab Instruments | 2,021 | $119.84K | $185.77K | -$65.93K | -55.0% |
| Core Lab Instruments | 2,022 | $86.12K | $156.67K | -$70.55K | -81.9% |
| Core Lab Instruments | 2,023 | $26.44K | $75.85K | -$49.41K | -186.9% |