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Civeo CVEO Gross Profit

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Segments

By segment

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Australia$30.55M+13.5%
Canada$9.62M+250%
Corporate, other and eliminations-$11K+95.6%

Other financials

Income statement

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Revenue$172.7M+19.9%
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

Calculated from Civeo’s reported figures.

The source filing: Civeo’s 10-Q, filed May 1, 2026. Open the filing →

Filed
May 1, 2026, 12:34 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001590584-26-000052

FAQ

What is Civeo's gross profit?
Civeo (CVEO) reported gross profit of $40.16M in Q1 2026.
How has Civeo's gross profit changed year-over-year?
Civeo's gross profit increased by 36.5% year-over-year, from $29.43M to $40.16M.
What is the long-term trend for Civeo's gross profit?
Over 3 years (2022 to 2025), Civeo's gross profit has grown at a -5.7% compound annual growth rate (CAGR), from $179.99M to $151.09M.
What does gross profit mean?
Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

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