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Civeo CVEO Australia — Gross Profit
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Where this comes from
Reported directly by Civeo in its filing.
Tagged under the XBRL concept us-gaap:GrossProfit.
The source filing: Civeo’s 10-Q, filed May 1, 2026.
- Filed
- May 1, 2026, 12:34 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0001590584-26-000052
| Three Months Ended March 31, 2026 | Australia | Canada | Corporate, other and eliminations | Total |
|---|---|---|---|---|
| Revenues | $123,018 | $49,649 | — | $172,667 |
| Cost of sales and services | 92,468 | 40,027 | 11 | 132,506 |
| Revenues less cost of sales and services | 30,550 | 9,622 | (11) | 40,161 |
| Selling, general and administrative expenses | 9,004 | 6,007 | 5,057 | 20,068 |
| Depreciation and amortization expense | 9,203 | 8,083 | 22 | 17,308 |
| Other operating expense (income) (1) | (345) | (79) | 86 | (338) |
| Operating income (loss) | 12,688 | (4,389) | (5,176) | 3,123 |
| Reconciliation to income (loss) before income taxes |
ITEM 1. Financial Statements
FAQ
- 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.
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