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Civeo CVEO Net Income

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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%
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$317.96M+9.2%
Enterprise value$527.73M+15.7%
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:NetIncomeLoss.

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
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Income tax expense(3,141)(3,088)
Net loss(3,803)(9,850)
Less: Net income (loss) attributable to noncontrolling interest5(8)
Net loss attributable to Civeo Corporation$(3,808)$(9,842)
Per Share Data (see Note 6)
Basic net loss per share attributable to Civeo Corporation common shareholders$(0.34)$(0.72)
Diluted net loss per share attributable to Civeo Corporation common shareholders$(0.34)$(0.72)
Weighted average number of common shares outstanding:

ITEM 1. Financial Statements

FAQ

What is Civeo's net income?
Civeo (CVEO) reported net income of -$3.81M in Q1 2026.
How has Civeo's net income changed year-over-year?
Civeo's net income increased by 61.3% year-over-year, from -$9.84M to -$3.81M.
What is the long-term trend for Civeo's net income?
Over 3 years (2021 to 2025), Civeo's net income has grown at a 145.9% compound annual growth rate (CAGR), from $1.35M to -$20.07M.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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