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Civeo CVEO Canada — Service and other costs

Other segment segments

Australia
$92.47M+20.5%
Corporate, other and eliminations
$11K-95.6%

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COSTCanada — Merchandise costs
$24.16B+10.7%
TDS
TDSService — Cost of goods and services
$124.03M+6.6%

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$330.06M+13.3%
Enterprise value$539.82M+18.3%
P/S0.5×0.0×

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:CostOfGoodsAndServicesSold.

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, 2026AustraliaCanadaCorporate, other and eliminationsTotal
Revenues$123,018$49,649$172,667
Cost of sales and services92,46840,02711132,506
Revenues less cost of sales and services30,5509,622(11)40,161
Selling, general and administrative expenses9,0046,0075,05720,068
Depreciation and amortization expense9,2038,0832217,308
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 canada — service and other costs?
Civeo (CVEO) reported canada — service and other costs of $40.03M in Q1 2026.
How has Civeo's canada — service and other costs changed year-over-year?
Civeo's canada — service and other costs increased by 6.3% year-over-year, from $37.65M to $40.03M.
What is the long-term trend for Civeo's canada — service and other costs?
Over 3 years (2022 to 2025), Civeo's canada — service and other costs has grown at a -20.4% compound annual growth rate (CAGR), from $293.58M to $147.99M.
What does canada — service and other costs mean?
Includes the direct costs associated with delivering lodging, catering, housekeeping, and maintenance services to customers in the Canadian segment. Monitoring these costs is essential for evaluating the direct operational efficiency and variable cost management of the regional business.

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