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Civeo CVEO Total Revenue

Discontinued — last reported Q1 '26

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Segments

By segment

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Australia$123.02M+18.7%
Canada$49.65M+22.9%
Corporate, other and eliminations$0—

By product

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Accommodation and associated services revenues$98.94M—
Integrated services and other services revenues$72.69M—
Mobile facility rental and associated services revenues$1.04M—

Other financials

Income statement

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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$348.87M+24.4%
Enterprise value$558.64M+19.7%
P/S0.5×+0.1×

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:RevenueFromContractWithCustomerExcludingAssessedTax.

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
Revenue$172,667$144,044
Costs and expenses:
Service and other costs132,506114,615
Selling, general and administrative expenses20,06818,185
Depreciation and amortization expense17,30816,253
Other operating (income) expense(338)507
169,544149,560
Operating income (loss)3,123(5,516)

ITEM 1. Financial Statements

FAQ

What is Civeo's total revenue?
Civeo (CVEO) reported total revenue of $172.67M in Q1 2026.
How has Civeo's total revenue changed year-over-year?
Civeo's total revenue increased by 19.9% year-over-year, from $144.04M to $172.67M.
What is the long-term trend for Civeo's total revenue?
Over 4 years (2021 to 2025), Civeo's total revenue has grown at a 1.8% compound annual growth rate (CAGR), from $594.46M to $638.85M.
What does total revenue mean?
The aggregate of all revenue from the company's operations — the top line from which all profitability metrics are derived.

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