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Civeo CVEO Canada — Gross Profit

Other segment segments

Australia
$30.55M+13.5%
Corporate, other and eliminations
-$11K+95.6%

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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 canada — gross profit?
Civeo (CVEO) reported canada — gross profit of $9.62M in Q1 2026.
How has Civeo's canada — gross profit changed year-over-year?
Civeo's canada — gross profit increased by 249.5% year-over-year, from $2.75M to $9.62M.
What is the long-term trend for Civeo's canada — gross profit?
Over 3 years (2022 to 2025), Civeo's canada — gross profit has grown at a -33.2% compound annual growth rate (CAGR), from $102.42M to $30.56M.
What does canada — gross profit mean?
Calculated as the difference between total segment revenue and the direct costs of services provided in Canada. This metric indicates the fundamental profitability of the regional service offerings before accounting for overhead and administrative expenses.