CVEO · Civeo Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $172.67M | - | $170.49M | $162.69M | $144.04M | - | $176.34M | $188.71M | $166.12M | - |
| Cost of Revenue | $132.51M | - | $138.54M | $140.83M | $130.44M | - | - | - | - | - |
| Gross Profit | $40.16M | - | $37.80M | $47.88M | $35.67M | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $20.07M | - | $18.11M | $20.47M | $18.18M | - | $19.64M | $17.43M | $18.64M | - |
| Total Operating Expenses | $169.54M | - | $163.53M | $159.89M | $149.56M | - | $176.29M | $175.60M | $167.90M | - |
| D&A | $17.31M | - | $20.01M | $17.83M | $16.25M | - | $17.44M | $17.06M | $16.77M | - |
| Operating Income | $3.12M | - | $6.97M | $2.80M | ($5.52M) | - | $44.0K | $13.11M | ($1.78M) | - |
| Interest Expense | $3.76M | - | $3.42M | $2.70M | $2.36M | - | $3.37M | $3.60M | $2.36M | - |
| Income Tax | $3.14M | - | $4.04M | $3.61M | $3.09M | - | $3.86M | $3.79M | $1.55M | - |
| Net Income | ($3.81M) | - | ($455.0K) | ($3.31M) | ($9.84M) | - | ($5.09M) | $8.23M | ($5.13M) | - |
| EPS - Basic | ($0.34) | - | ($0.04) | ($0.25) | ($0.72) | - | ($0.36) | $0.57 | ($0.35) | - |
| EPS - Diluted | ($0.34) | - | ($0.04) | ($0.25) | ($0.72) | - | ($0.36) | $0.56 | ($0.35) | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $16.55M | $14.44M | $12.00M | $14.64M | $28.37M | $5.20M | $17.91M | $7.43M | $16.75M | $3.32M |
| Accounts Receivable | $107.17M | $90.47M | $105.00M | $104.49M | $93.64M | $89.04M | $106.71M | $124.34M | $131.48M | $143.22M |
| Inventory | $6.34M | $6.22M | $5.81M | $5.82M | $5.74M | $7.54M | $8.77M | $8.35M | $7.23M | $6.98M |
| Accounts Payable | $44.65M | $44.28M | $43.94M | $44.70M | $38.70M | $39.97M | $48.50M | $47.15M | $48.64M | $58.70M |
| Current Assets | $152.82M | $131.21M | $140.13M | $139.21M | $134.44M | $110.45M | $145.51M | $151.59M | $168.87M | $175.25M |
| Total Assets | $491.61M | $477.41M | $491.07M | $508.84M | $423.75M | $405.07M | $477.64M | $483.23M | $513.07M | $548.06M |
| Current Liabilities | $81.07M | $84.94M | $85.53M | $92.24M | $81.15M | $92.65M | $106.84M | $98.08M | $92.85M | $114.24M |
| Long-term Debt | $212.28M | $182.84M | $187.94M | $168.67M | $87.37M | $43.30M | $50.08M | $47.49M | $78.60M | $65.55M |
| Total Liabilities | $330.86M | $303.03M | $308.52M | $299.40M | $203.01M | $168.07M | $193.69M | $183.85M | $212.96M | $225.02M |
| Stockholders' Equity | $160.75M | $174.38M | $182.55M | $209.44M | $220.74M | $236.37M | $282.16M | $297.43M | $297.38M | $320.17M |
| Retained Earnings | ($1.08B) | ($1.06B) | ($1.05B) | ($1.02B) | ($997.40M) | ($980.72M) | ($956.54M) | ($933.35M) | ($931.13M) | ($919.02M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($9.74M) | - | - | - | ($8.45M) | - | - | - | $5.99M | - |
| Investing Cash Flow | ($3.93M) | - | - | - | ($5.10M) | - | - | - | $1.17M | - |
| Financing Cash Flow | $15.87M | - | - | - | $36.63M | - | - | - | $6.61M | - |
| CapEx | $4.13M | - | - | - | $5.27M | - | - | - | $5.61M | - |
| Free Cash Flow | ($13.88M) | - | - | - | ($13.72M) | - | - | - | $372.0K | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 23.3% | - | 22.2% | 29.4% | 24.8% | - | - | - | - | - |
| Operating margin | 1.8% | - | 4.1% | 1.7% | -3.8% | - | 0.0% | 6.9% | -1.1% | - |
| EBITDA margin | 11.8% | - | 15.8% | 12.7% | 7.5% | - | 9.9% | 16.0% | 9.0% | - |
| Net margin | -2.2% | - | -0.3% | -2.0% | -6.8% | - | -2.9% | 4.4% | -3.1% | - |
| Free cash flow margin | -8.0% | - | - | - | -9.5% | - | - | - | 0.2% | - |
| FCF / Net income | 3.64 | - | - | - | 1.39 | - | - | - | -0.07 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 11.6% | - | 10.6% | 12.6% | 12.6% | - | 11.1% | 9.2% | 11.2% | - |
| Effective tax rate | - | - | 112.7% | 1234.9% | - | - | - | 31.5% | - | - |
| Return on assets | -0.8% | - | -0.1% | -0.7% | -2.3% | - | -1.1% | 1.7% | -1.0% | - |
| Return on equity | -2.4% | - | -0.2% | -1.6% | -4.5% | - | -1.8% | 2.8% | -1.7% | - |
| Return on invested capital | 0.7% | - | 0.9% | 0.4% | -1.4% | - | 0.0% | 2.6% | -0.4% | - |
| Liquidity | ||||||||||
| Current ratio | 1.88 | 1.54 | 1.64 | 1.51 | 1.66 | 1.19 | 1.36 | 1.55 | 1.82 | 1.53 |
| Quick ratio | 1.81 | 1.47 | 1.57 | 1.45 | 1.59 | 1.11 | 1.28 | 1.46 | 1.74 | 1.47 |
| Cash ratio | 0.20 | 0.17 | 0.14 | 0.16 | 0.35 | 0.06 | 0.17 | 0.08 | 0.18 | 0.03 |
| Leverage | ||||||||||
| Debt / Equity | 1.32 | 1.05 | 1.03 | 0.81 | 0.40 | 0.18 | 0.18 | 0.16 | 0.26 | 0.20 |
| Debt / Assets | 0.43 | 0.38 | 0.38 | 0.33 | 0.21 | 0.11 | 0.10 | 0.10 | 0.15 | 0.12 |
| Debt / EBITDA | 10.39 | - | 6.97 | 8.18 | 8.14 | - | 2.86 | 1.57 | 5.24 | - |
| Interest coverage | 0.8x | - | 2.0x | 1.0x | -2.3x | - | 0.0x | 3.6x | -0.8x | - |
| Equity multiplier | 3.06 | 2.74 | 2.69 | 2.43 | 1.92 | 1.71 | 1.69 | 1.62 | 1.73 | 1.71 |
| Liabilities / Assets | 0.67 | 0.63 | 0.63 | 0.59 | 0.48 | 0.41 | 0.41 | 0.38 | 0.42 | 0.41 |
| Efficiency | ||||||||||
| Asset turnover | 0.35 | - | 0.35 | 0.32 | 0.34 | - | 0.37 | 0.39 | 0.32 | - |
| Inventory turnover | 20.91 | - | 23.86 | 24.19 | 22.74 | - | - | - | - | - |
| Days sales outstanding | 227d | - | 225d | 234d | 237d | - | 221d | 240d | 289d | - |
| Days inventory outstanding | 17d | - | 15d | 15d | 16d | - | - | - | - | - |
| Days payable outstanding | 123d | - | 116d | 116d | 108d | - | - | - | - | - |
| Cash conversion cycle | 121d | - | 124d | 134d | 145d | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | 44.5x | - | - |
| P / B | 1.8x | - | 1.6x | 1.5x | 1.4x | - | 1.4x | 1.2x | 1.3x | - |
| P / S | 1.7x | - | 1.7x | 1.9x | 2.2x | - | 2.2x | 1.9x | 2.4x | - |
| EV / EBITDA | 24.0x | - | 17.1x | 22.2x | 34.6x | - | 24.2x | 13.4x | 30.4x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 19.9% | - | -3.3% | -13.8% | -13.3% | - | -3.9% | 5.5% | -0.9% | - |
| Revenue CAGR (3y) | 1.0% | - | -2.5% | -4.2% | -4.6% | - | 4.4% | 7.0% | 9.8% | - |
| Revenue CAGR (5y) | 6.6% | - | 3.6% | 7.2% | 0.7% | - | 3.5% | 9.1% | 8.9% | - |
| Gross profit growth (YoY) | 12.6% | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | - | - | 15731.8% | -78.6% | -209.7% | - | -99.7% | 28.9% | 54.4% | - |
| Net income growth (YoY) | 61.3% | - | 91.1% | - | -91.7% | - | - | 84.3% | 19.2% | - |
| EPS growth (YoY) | 52.8% | - | 88.9% | - | -105.7% | - | - | 86.7% | 16.7% | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | -1.2% | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -27.2% | -26.2% | -35.3% | -29.6% | -25.8% | -26.2% | -2.9% | 1.8% | 3.0% | 6.7% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$638.85M totalAustralia Segment$460.30M · 72.1%
Canada Segment$178.55M · 27.9%
Product / service
$461.88M totalIntegrated Services And Other Services Revenues$248.53M · 53.8%
Accommodation And Associated Services Revenues$211.76M · 45.8%
Mobile Facility Rental And Associated Services Revenues$1.59M · 0.3%
Peer comparison
Same SIC group: Hotels, Rooming Houses, Camps & Other Lodging Places
Comparing Civeo Corp against the 3 most active filers in the same SIC group.
Dividends
$0.00/share trailing 12 months · -100.0% YoY
| Ex-date | Per share |
|---|---|
| Feb 24, 2025 | $0.2500 |
| Nov 25, 2024 | $0.2500 |
| Aug 26, 2024 | $0.2500 |
| May 23, 2024 | $0.2500 |
| Feb 23, 2024 | $0.2500 |
| Nov 24, 2023 | $0.2500 |
| Sep 14, 2023 | $0.2500 |
| Nov 13, 2014 | $1.5600 |
| Aug 13, 2014 | $1.5600 |