What is Civeo's gross margin?

Civeo (CVEO) reported gross margin of 24.2% in Q1 2026.

How has Civeo's gross margin changed year-over-year?

Civeo's gross margin increased by 11.7% year-over-year, from 21.7% to 24.2%.

What is the long-term trend for Civeo's gross margin?

Over 3 years (2022 to 2025), Civeo's gross margin has grown at a -2.9% compound annual growth rate (CAGR), from 25.8% to 23.7%.

What does gross margin mean?

Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.

Civeo CVEO Gross margin

Gross margin at other companies

AramarkARMK

8.4%-0.1pp

Target HospitalityTH

9.8%-32.3pp

Smurfit Kappa GroupSW

18.4%-1.2pp

ESO

Energy Services of AmericaESOA

11.9%+0.2pp

Pursuit Attractions and Hospitality, Inc.PRSU

92.4%—

CintasCTAS

50.4%+0.9pp

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow-$9.7M-15.4%

CapEx$4.1M-21.6%

Free cash flow-$13.9M-1.2%

Valuation

See full

Market cap$362M+21.0%

Enterprise value$571.77M+55.3%

P/S0.5×+0.1×

Profitability

See full

Operating margin1.9%—

Net margin-2.1%-0.6pp

FCF margin0.3%-6.3pp

Returns & leverage

See full

Return on equity-7.4%-0.8pp

Debt / equity1.4×+1.0×

Current ratio1.9×+0.2×

Where this comes from

Calculated from Civeo’s reported figures.

gross profit/total revenue=24.2%

Based on trailing twelve months.

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

Ask your AI about Civeo's gross margin.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Civeo's gross margin?: Civeo (CVEO) reported gross margin of 24.2% in Q1 2026.
How has Civeo's gross margin changed year-over-year?: Civeo's gross margin increased by 11.7% year-over-year, from 21.7% to 24.2%.
What is the long-term trend for Civeo's gross margin?: Over 3 years (2022 to 2025), Civeo's gross margin has grown at a -2.9% compound annual growth rate (CAGR), from 25.8% to 23.7%.
What does gross margin mean?: Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.