Civeo Corporation (CVEO) — Financial statements
Income statement, balance sheet, and cash flow for Civeo Corporation — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 639↓6.3% | 682↓2.7% | 701↑0.5% | 697↑17.3% | 594 | |
| Cost of Revenue | 488↓8.4% | 533↑0.4% | 530↑2.6% | 517↑18.5% | 436 | |
| Gross Profit | 151↑1.1% | 149↓12.4% | 171↓5.3% | 180↑13.9% | 158 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 75↑2.7% | 73↑1.0% | 73↑3.8% | 70↑15.4% | 61 | |
| Other Expenses | 72↓4.2% | 75↑28.0% | 58↓37.2% | 93↑1.8% | 91 | |
| Operating Expenses | 147↓0.8% | 148↑13.0% | 131↓19.6% | 163↑7.3% | 152 | |
| Total Costs & Expenses | 635↓6.8% | 681↑2.9% | 661↓2.8% | 680↑15.6% | 588 | |
| Operating Results | ||||||
| Operating Income | 4↑208.9% | 1↓96.6% | 39↑132.0% | 17↑181.2% | 6 | |
| Depreciation & Amortization | 73↑6.7% | 68↓9.5% | 75↓13.8% | 87↑4.9% | 83 | |
| EBITDA | 78↑10.7% | 70↓45.5% | 129↑17.0% | 110↑7.9% | 102 | |
| EBIT | 5↑143.7% | 2↓96.2% | 54↑141.1% | 22↑17.9% | 19 | |
| Interest & Other Income | ||||||
| Net Interest Income | -11↓44.5% | -8↑40.1% | -13↓13.7% | -11↑11.8% | -13 | |
| Interest Income | 0.16↓12.3% | 0.19↑8.7% | 0.17↑341.0% | 0.04↑1850.0% | 0.00 | |
| Interest Expense | 11↑43.2% | 8↓39.5% | 13↑14.8% | 11↓11.5% | 13 | |
| Non-Operating Income | -0.85↓20.3% | -0.70↑95.0% | -14↓170.9% | -5↑59.4% | -13 | |
| Other Income / Expenses | -11↓45.4% | -7↓929.8% | 0.88↑113.9% | -6↓3411.7% | -0.18 | |
| Income Before Tax | -6↓8.7% | -6↓114.7% | 40↑276.1% | 11↑82.7% | 6 | |
| Income Tax Expense | 14↑9.0% | 12↑17.5% | 11↑141.5% | 4↑30.4% | 3 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -20↓8.9% | -18↓162.0% | 30↑369.7% | 6↑153.5% | 2 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -20↓17.6% | -17↓156.6% | 30↑654.5% | 4↑196.1% | 1 | |
| Bottom-Line Net Income | -20↓17.6% | -17↓156.6% | 30↑1117.8% | -3↓415.3% | -0.58 | |
| EPS (Basic) | -1.59↓33.6% | -1.19↓158.9% | 2.02↑1061.9% | -0.21↓425.0% | -0.04 | |
| EPS (Diluted) | -1.59↓33.6% | -1.19↓159.2% | 2.01↑1057.1% | -0.21↓425.0% | -0.04 | |
| Weighted Average Shares | 13↓11.5% | 14↓4.2% | 15↑6.5% | 14↓1.6% | 14 | |
| Weighted Average Diluted Shares | 13↓11.5% | 14↓4.8% | 15↑7.2% | 14↓1.6% | 14 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.