Civeo Corporation (CVEO) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 172.67M | 161.62M | 170.49M | 162.69M | 144.04M | 150.95M | 176.34M | 188.71M | 166.12M | 170.8M | 183.57M | 178.84M | 167.59M | 162.19M | 184.23M | 184.95M | 165.68M | 159.79M | 155.06M | 154.18M |
| Revenue Growth % | 19.87% | 7.07% | -3.32% | -13.79% | -13.29% | -11.62% | -3.94% | 5.52% | -0.88% | 5.31% | -0.36% | -3.3% | 1.15% | 1.5% | 18.81% | 19.96% | 32.09% | 19.81% | 8.54% | 34.41% |
| Cost of Goods Sold | 0 | 177.52M | 146.72M | 121.53M | 114.61M | 122.85M | 138.54M | 140.83M | 130.44M | 135.05M | 130.3M | 131.43M | 133.51M | 127.67M | 133.5M | 130.05M | 125.84M | 117.22M | 111.43M | 108M |
| COGS % of Revenue | - | 109.84% | 86.06% | 74.7% | 79.57% | 81.38% | 78.57% | 74.63% | 78.52% | 79.07% | 70.98% | 73.49% | 79.67% | 78.72% | 72.46% | 70.32% | 75.96% | 73.36% | 71.86% | 70.05% |
| Gross Profit | 0 | -15.9M | 23.77M | 41.16M | 29.43M | 28.11M | 37.8M | 47.88M | 35.67M | 35.75M | 53.28M | 47.42M | 34.08M | 34.52M | 50.73M | 54.9M | 39.84M | 42.57M | 43.63M | 46.17M |
| Gross Margin % | - | -9.84% | 13.94% | 25.3% | 20.43% | 18.62% | 21.43% | 25.37% | 21.48% | 20.93% | 29.02% | 26.51% | 20.33% | 21.28% | 27.54% | 29.68% | 24.04% | 26.64% | 28.14% | 29.95% |
| Gross Profit Growth % | -100% | -156.56% | -37.1% | -14.03% | -17.51% | -21.38% | -29.06% | 0.97% | 4.69% | 3.55% | 5.02% | -13.63% | -14.45% | -18.91% | 16.27% | 18.9% | 55.48% | 21.05% | -3.94% | 46.26% |
| Operating Expenses | 20.07M | 18.58M | 18.11M | 38.36M | 34.95M | 38.15M | 37.75M | 34.77M | 37.46M | 18.57M | 37.24M | 37.25M | 37.98M | 46.77M | 39.95M | 40.66M | 35.6M | 34.76M | 37.62M | 44.05M |
| OpEx % of Revenue | 11.62% | 11.5% | 10.62% | 23.58% | 24.26% | 25.27% | 21.41% | 18.42% | 22.55% | 10.87% | 20.28% | 20.83% | 22.66% | 28.83% | 21.68% | 21.98% | 21.49% | 21.75% | 24.26% | 28.57% |
| Selling, General & Admin | 20.07M | 18.58M | 18.11M | 20.47M | 18.18M | 17.64M | 19.64M | 17.43M | 18.64M | 19.72M | 20.24M | 16.46M | 16.19M | 19.39M | 17.68M | 17.68M | 15.21M | 14.4M | 17.32M | 14.7M |
| SG&A % of Revenue | 11.62% | 11.5% | 10.62% | 12.58% | 12.62% | 11.69% | 11.13% | 9.24% | 11.22% | 11.55% | 11.02% | 9.2% | 9.66% | 11.95% | 9.6% | 9.56% | 9.18% | 9.01% | 11.17% | 9.54% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 0 | 176K | 5.67M | 2.8M | -5.52M | -10.04M | 44K | 13.11M | -1.78M | 17.18M | 16.04M | 10.17M | -3.9M | -12.25M | 10.79M | 14.24M | 4.24M | 7.81M | 6.01M | 2.13M |
| Operating Margin % | - | 0.11% | 3.32% | 1.72% | -3.83% | -6.65% | 0.03% | 6.95% | -1.07% | 10.06% | 8.74% | 5.69% | -2.33% | -7.55% | 5.85% | 7.7% | 2.56% | 4.89% | 3.88% | 1.38% |
| Operating Income Growth % | 100% | 101.75% | 12781.82% | -78.65% | -209.71% | -158.46% | -99.73% | 28.9% | 54.38% | 240.29% | 48.72% | -28.58% | -192.14% | -256.72% | 79.45% | 568.95% | 142.79% | 332.01% | -15.23% | 215.64% |
| EBITDA | 6.63M | 18.7M | 25.68M | 20.63M | 10.74M | 6.73M | 17.48M | 30.17M | 14.99M | 33.05M | 32.95M | 30.87M | 17.76M | 9.15M | 33.39M | 37.33M | 24.36M | 27.99M | 26.29M | 23.51M |
| EBITDA Margin % | 3.84% | 11.57% | 15.06% | 12.68% | 7.45% | 4.46% | 9.92% | 15.99% | 9.02% | 19.35% | 17.95% | 17.26% | 10.6% | 5.64% | 18.13% | 20.18% | 14.71% | 17.51% | 16.96% | 15.25% |
| EBITDA Growth % | -38.2% | 178.06% | 46.88% | -31.63% | -28.37% | -79.65% | -46.94% | -2.27% | -15.59% | 261.15% | -1.32% | -17.29% | -27.11% | -67.31% | 27.01% | 58.79% | 114.32% | 35.52% | -17.61% | 15.43% |
| D&A (Non-Cash Add-back) | 17.31M | 18.53M | 20.01M | 17.83M | 16.25M | 16.77M | 17.44M | 17.06M | 16.77M | 15.87M | 16.91M | 20.7M | 21.66M | 21.4M | 22.61M | 23.08M | 20.13M | 20.17M | 20.28M | 21.38M |
| EBIT | 0 | 107K | 7M | 2.99M | -5.14M | -10.45M | 298K | 13.48M | -1.28M | 32.94M | 11.37M | 10.65M | -1.42M | -11.36M | 12.98M | 14.66M | 5.93M | 14.95M | 5.96M | 2.92M |
| Net Interest Income | 0 | -3.64M | -3.39M | -2.62M | -1.59M | -1.65M | -1.68M | -2.15M | -2.32M | -2.51M | -3.32M | -3.55M | -3.62M | -3.37M | -2.99M | -2.61M | -2.47M | -3.04M | -3.17M | -3.4M |
| Interest Income | 0 | 35K | 28K | 75K | 26K | 40K | 50K | 54K | 43K | 46K | 44K | 50K | 32K | 24K | 13K | 2K | 0 | 0 | 0 | 2K |
| Interest Expense | -3.72M | 3.68M | 3.42M | 2.7M | 1.62M | 1.69M | 1.73M | 2.2M | 2.36M | 2.55M | 3.37M | 3.6M | 3.66M | 3.4M | 3M | 2.61M | 2.47M | 3.04M | 3.17M | 3.4M |
| Other Income/Expense | 0 | -3.75M | -2.09M | -2.5M | -1.25M | -2.1M | -1.47M | -1.84M | -1.86M | 13.21M | -8.03M | -3.13M | -1.17M | -2.51M | -809K | -2.19M | -772K | 4.1M | -3.22M | -2.61M |
| Pretax Income | -662K | -3.57M | 3.58M | 295K | -6.76M | -12.14M | -1.43M | 11.27M | -3.65M | 30.39M | 8.01M | 7.04M | -5.08M | -14.76M | 9.98M | 12.05M | 3.46M | 11.91M | 2.79M | -482K |
| Pretax Margin % | -0.38% | -2.21% | 2.1% | 0.18% | -4.69% | -8.04% | -0.81% | 5.97% | -2.19% | 17.79% | 4.36% | 3.94% | -3.03% | -9.1% | 5.42% | 6.52% | 2.09% | 7.45% | 1.8% | -0.31% |
| Income Tax | -3.14M | 2.89M | 4.04M | 3.61M | 3.09M | 3.29M | 3.86M | 3.79M | 1.55M | 7.74M | -1.21M | 2.88M | 1.23M | -2.69M | 3.71M | 1.82M | 1.56M | 1.02M | 1.77M | -492K |
| Effective Tax Rate % | 474.47% | -80.87% | 112.73% | 1222.37% | -45.67% | -27.13% | -270.64% | 33.58% | -42.55% | 25.46% | -15.16% | 40.85% | -24.28% | 18.22% | 37.22% | 15.11% | 44.94% | 8.58% | 63.4% | 102.07% |
| Net Income | -3.81M | -6.46M | -455K | -3.31M | -9.84M | -15.07M | -5.09M | 8.23M | -5.13M | 23.02M | 9.02M | 4.46M | -6.35M | -12.7M | 5.72M | 9.57M | 1.41M | 10.28M | 544K | 13K |
| Net Margin % | -2.21% | -4% | -0.27% | -2.04% | -6.83% | -9.98% | -2.89% | 4.36% | -3.09% | 13.48% | 4.91% | 2.5% | -3.79% | -7.83% | 3.1% | 5.17% | 0.85% | 6.43% | 0.35% | 0.01% |
| Net Income Growth % | 61.31% | 57.13% | 91.06% | -140.28% | -91.74% | -165.45% | -156.43% | 84.34% | 19.2% | 281.33% | 57.81% | -53.35% | -550.57% | -223.56% | 950.92% | 73500% | 114.87% | 678.66% | -92.22% | -99.8% |
| Net Income (Continuing) | 0 | -6.46M | -456K | -3.31M | -9.84M | -15.43M | -5.29M | 7.49M | -5.2M | 22.65M | 9.22M | 4.17M | -6.31M | -12.07M | 6.26M | 10.23M | 1.91M | 10.89M | 1.02M | 10K |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 625K | 1.78M | 1.96M | 2.73M | 2.87M | 3.24M | 3.17M | 3.47M | 3.56M | 2.89M | 2.58M | 2.08M | 1.61M | 1.03M | 595K |
| EPS (Diluted) | 0.00 | -0.56 | -0.04 | -0.25 | -0.72 | -1.10 | -0.36 | 0.56 | -0.35 | 1.55 | 0.61 | 0.30 | -0.42 | -1.31 | 0.32 | 0.54 | 0.06 | 0.69 | 0.00 | -0.03 |
| EPS Growth % | 100% | 49.09% | 89.81% | -144.64% | -105.71% | -170.97% | -159.02% | 86.67% | 16.67% | 218.32% | 90.63% | -44.44% | -859.49% | -291.16% | - | 1900% | 108.25% | 531.01% | -99.06% | -108.11% |
| EPS (Basic) | 0.00 | -0.56 | -0.04 | -0.25 | -0.72 | -1.10 | -0.36 | 0.57 | -0.35 | 1.57 | 0.61 | 0.30 | -0.42 | -1.31 | 0.32 | 0.55 | 0.06 | 0.69 | 0.00 | -0.03 |
| Diluted Shares Outstanding | 0 | 11.44M | 13.05M | 13.39M | 13.6M | 13.69M | 14.29M | 14.6M | 14.65M | 14.86M | 14.89M | 15M | 15.16M | 13.84M | 14.06M | 14.28M | 14.22M | 14.29M | 14.36M | 14.28M |
| Basic Shares Outstanding | 0 | 11.44M | 13.05M | 13.39M | 13.6M | 13.69M | 14.29M | 14.52M | 14.65M | 14.69M | 14.81M | 14.97M | 15.16M | 13.84M | 13.93M | 14.15M | 14.1M | 14.16M | 14.28M | 14.28M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | 44.5% | - | 16.03% | 41.35% | - | - | - | - | - | - | - | - | - |