What is Civeo's total cost of revenue?

Civeo (CVEO) reported total cost of revenue of $132.51M in Q1 2026.

How has Civeo's total cost of revenue changed year-over-year?

Civeo's total cost of revenue increased by 15.6% year-over-year, from $114.62M to $132.51M.

What is the long-term trend for Civeo's total cost of revenue?

Over 3 years (2022 to 2025), Civeo's total cost of revenue has grown at a -1.9% compound annual growth rate (CAGR), from $517.06M to $487.76M.

What does total cost of revenue mean?

The aggregate of all direct costs attributable to producing goods and delivering services that generated the company's revenue, including materials, labor, and overhead.

Civeo CVEO Total Cost of Revenue

Total Cost of Revenue at other companies

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Segments

By segment

See full

Australia$92.47M+20.5%

Canada$40.03M+6.3%

Corporate, other and eliminations$11K-95.6%

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

Gross margin24.2%+2.5pp

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

Reported directly by Civeo in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

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 total cost of revenue?: Civeo (CVEO) reported total cost of revenue of $132.51M in Q1 2026.
How has Civeo's total cost of revenue changed year-over-year?: Civeo's total cost of revenue increased by 15.6% year-over-year, from $114.62M to $132.51M.
What is the long-term trend for Civeo's total cost of revenue?: Over 3 years (2022 to 2025), Civeo's total cost of revenue has grown at a -1.9% compound annual growth rate (CAGR), from $517.06M to $487.76M.
What does total cost of revenue mean?: The aggregate of all direct costs attributable to producing goods and delivering services that generated the company's revenue, including materials, labor, and overhead.