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Civeo CVEO Australia — Gross Profit

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Other financials

Income statement

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Revenue$172.7M+19.9%
Gross profit$40.2M+36.5%
Operating income$3.1M+157%
Net income-$3.8M+61.3%
EPS (diluted)-$0.34+52.8%

Balance sheet

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Cash & equivalents$16.5M-41.7%
Total debt$226.3M+132%
Total equity$160.7M-27.2%
Total assets$491.6M+16.0%

Cash flow

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Operating cash flow-$9.7M-15.4%
CapEx$4.1M-21.6%
Free cash flow-$13.9M-1.2%

Valuation

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Market cap$362M+21.0%
Enterprise value$571.77M+55.3%
P/S0.5×+0.1×

Profitability

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Gross margin24.2%+2.5pp
Operating margin1.9%
Net margin-2.1%-0.6pp
FCF margin0.3%-6.3pp

Returns & leverage

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Return on equity-7.4%-0.8pp
Debt / equity1.4×+1.0×
Current ratio1.9×+0.2×

Where this comes from

Reported directly by Civeo in its filing.

Tagged under the XBRL concept us-gaap:GrossProfit.

The official record: Civeo’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Civeo's australia — gross profit?
Civeo (CVEO) reported australia — gross profit of $30.55M in Q1 2026.
How has Civeo's australia — gross profit changed year-over-year?
Civeo's australia — gross profit increased by 13.5% year-over-year, from $26.93M to $30.55M.
What is the long-term trend for Civeo's australia — gross profit?
Over 3 years (2022 to 2025), Civeo's australia — gross profit has grown at a 16.1% compound annual growth rate (CAGR), from $77.31M to $120.84M.
What does australia — gross profit mean?
Calculated as total segment revenue minus the direct costs of services provided, representing the core profitability of the Australian hospitality operations before overheads. It serves as a key indicator of the segment's ability to price its services effectively relative to the costs of labor and facility maintenance.