CVEO (Civeo Corporation) Stock Financials & Earnings | Market Cap Arena

CVEO (Civeo Corporation) Stock Financials & Earnings | Market Cap Arena

CVEOCiveo Corporation

Mkt Cap$360M

Industrials·Specialty Business Services·🇺🇸 United States·NYSE

Revenue (TTM)$639M

Net Income (TTM)-$20M

EPS (TTM)-$1.57

Free Cash Flow (TTM)$2M

Gross Margin14.8%

Op. Margin0.6%

Net Margin-3.1%

FCF Margin0.3%

P/S Ratio (TTM)0.6x

P/E Ratio (TTM)—

YoY Rev Growth-6.3%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$168M	$34M	-$4M
Q2 23	$179M	$47M	$10M
Q3 23	$184M	$53M	$16M
Q4 23	$171M	$36M	$17M
Q1 24	$166M	$36M	-$2M
Q2 24	$189M	$48M	$13M
Q3 24	$176M	$38M	$44K
Q4 24	$151M	$28M	-$10M
Q1 25	$144M	$29M	-$6M
Q2 25	$163M	$41M	$3M
Q3 25	$170M	$24M	$6M
Q4 25	$162M	$0	$1M

Valuation

Quarter	P/S	P/E
Q1 23	0.5x	—
Q2 23	0.5x	—
Q3 23	0.5x	—
Q4 23	0.5x	11.9x
Q1 24	0.5x	11.5x
Q2 24	0.5x	10.2x
Q3 24	0.5x	17.1x
Q4 24	0.5x	—
Q1 25	0.5x	—
Q2 25	0.6x	—
Q3 25	0.6x	—
Q4 25	0.6x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	$358K	-$4M
Q2 23	$19M	$12M
Q3 23	$37M	$27M
Q4 23	$40M	$30M
Q1 24	$6M	$372K
Q2 24	$32M	$27M
Q3 24	$36M	$28M
Q4 24	$9M	$2M
Q1 25	-$8M	-$14M
Q2 25	-$2M	-$7M
Q3 25	$14M	$8M
Q4 25	$19M	$14M

Capital Expenditures

CapEx

Quarter	CapEx
Q1 23	$5M
Q2 23	$7M
Q3 23	$9M
Q4 23	$10M
Q1 24	$6M
Q2 24	$5M
Q3 24	$7M
Q4 24	$8M
Q1 25	$5M
Q2 25	$4M
Q3 25	$6M
Q4 25	$5M

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	+1.2%	+6.2%
Q2 23	-3.3%	-1.2%
Q3 23	-0.4%	-3.4%
Q4 23	+5.3%	-11.9%
Q1 24	-0.9%	-2.1%
Q2 24	+5.5%	+4.1%
Q3 24	-3.9%	+5.2%
Q4 24	-11.6%	+4.8%
Q1 25	-13.3%	-10.9%
Q2 25	-13.8%	-8.9%
Q3 25	-3.3%	-6.5%
Q4 25	+7.1%	-0.3%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$867K	0.5%
Q2 23	$1M	0.7%
Q3 23	$1M	0.7%
Q4 23	$1M	0.7%
Q1 24	$2M	1.1%
Q2 24	$609K	0.3%
Q3 24	$721K	0.4%
Q4 24	$972K	0.6%
Q1 25	$597K	0.4%
Q2 25	$602K	0.4%
Q3 25	$1M	0.6%
Q4 25	$800K	0.5%

OpEx Breakdown

Quarter	SG&A
Q1 23	$16M
Q2 23	$16M
Q3 23	$20M
Q4 23	$20M
Q1 24	$19M
Q2 24	$17M
Q3 24	$20M
Q4 24	$18M
Q1 25	$18M
Q2 25	$20M
Q3 25	$18M
Q4 25	$19M

Revenue Segments

Quarter	Product	Service and Other	Mobile Facility Rental
Q1 23	$193K	$167M	—
Q2 23	$298K	$179M	$13K
Q3 23	$343K	$183M	—
Q4 23	$228K	$170M	$724K
Q1 24	$207K	$166M	$383K
Q2 24	$232K	$188M	$248K
Q3 24	$259K	$176M	$111K

Revenue by Geography

Quarter	Australia Segment	Canada Segment
Q2 23	$83M	$95M
Q3 23	$88M	$95M
Q1 24	$92M	$67M
Q2 24	$109M	$80M
Q3 24	$117M	$58M
Q4 24	$110M	$41M
Q1 25	$104M	$40M
Q2 25	$113M	$50M
Q3 25	$124M	$46M
Q4 25	$120M	$42M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$12M	$0	$12M
Q2 23	$11M	$0	$11M
Q3 23	$8M	$0	$8M
Q4 23	$3M	$0	$3M
Q1 24	$17M	$0	$17M
Q2 24	$7M	$0	$7M
Q3 24	$18M	$0	$18M
Q4 24	$5M	$0	$5M
Q1 25	$28M	$0	$28M
Q2 25	$15M	$0	$15M
Q3 25	$12M	$0	$12M
Q4 25	$14M	$0	$14M

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	15M	+9.6%
Q2 23	15M	-1.0%
Q3 23	15M	-0.7%
Q4 23	15M	-0.2%
Q1 24	15M	-1.3%
Q2 24	15M	-0.4%
Q3 24	14M	-2.1%
Q4 24	14M	-4.2%
Q1 25	14M	-0.6%
Q2 25	13M	-1.6%
Q3 25	13M	-2.5%
Q4 25	11M	-12.4%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 14	$314K	3K
FY 15	$273K	2K
FY 16	$284K	1K
FY 17	$225K	2K
FY 18	$667K	700
FY 19	$555K	950
FY 20	$530K	1K
FY 21	$540K	1K
FY 22	$498K	1K
FY 23	$438K	2K
FY 24	$341K	2K
FY 25	$304K	2K