Civeo Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	667.47	638.85	682.12	700.81	697.05	594.46
Revenue Growth (YoY)	1.13%	-6.34%	-2.67%	0.54%	17.26%	12.22%
Cost of Revenue	124.91	487.76	532.67	530.29	517.06	436.46
Gross Profit	286.73	151.09	149.46	170.52	179.99	158
Selling, General & Admin	77.23	75.34	73.35	72.61	69.96	60.6
Depreciation & Amortization Expenses	73.67	72.62	68.04	75.14	87.21	83.1
Other Operating Expenses	-1.83	-0.99	6.74	-16.72	5.8	8.25
Total Operating Expenses	149.07	146.97	148.12	131.03	162.97	151.95
Operating Income	12.75	4.12	1.33	39.49	17.02	6.05
Interest Income	0.18	0.16	0.19	0.17	0.04	0
Interest Expense	-13.56	-11.42	-7.97	-13.18	-11.47	-12.96
Other Non-Operating Income (Expense)	0.28	0.68	0.52	13.88	5.15	12.78
Total Non-Operating Income (Expense)	-13.11	-10.57	-7.27	0.88	-6.29	-0.18
Pretax Income	-0.36	-6.46	-5.94	40.36	10.73	5.87
Provision for Income Taxes	13.67	13.62	12.49	10.63	4.4	3.38
Net Income	-14.04	-20.07	-17.07	30.16	2.23	-0.58
Minority Interest in Earnings	0.01	-0.01	-1.36	-0.43	2.33	1.15
Net Income Attributable to Preferred Dividends	-	-	-	-	1.77	1.93
Net Income to Common	-14.04	-20.07	-17.07	30.16	2.23	-0.58
Net Income Growth	-	-	-	1254.76%	-	-
Shares Outstanding (Basic)	12	13	14	15	14	14
Shares Outstanding (Diluted)	12	13	14	15	14	14
Shares Change (YoY)	-14.33%	-11.49%	-4.84%	7.22%	-1.62%	0.73%
EPS (Basic)	-1.19	-1.59	-1.19	2.02	-0.21	-0.04
EPS (Diluted)	-1.19	-1.59	-1.19	2.01	-0.21	-0.04
Shares Outstanding	10.94	11.43	13.65	14.68	15.22	14.11
Free Cash Flow	1.99	2.15	57.37	64.93	66.35	72.96
Free Cash Flow Growth	-7.50%	-96.26%	-11.64%	-2.14%	-9.06%	-31.99%
Free Cash Flow Per Share	0.17	0.17	4.02	4.33	4.74	5.13
Dividends Per Share	0.250	0.250	1.000	0.500	-	-
Dividend Growth	-	-75.00%	100.00%	-	-	-
Gross Margin	42.96%	23.65%	21.91%	24.33%	25.82%	26.58%
Operating Margin	1.91%	0.64%	0.20%	5.63%	2.44%	1.02%
Profit Margin	-2.10%	-3.14%	-2.70%	4.24%	0.91%	0.42%
FCF Margin	0.30%	0.34%	8.41%	9.27%	9.52%	12.27%
EBITDA	86.43	76.73	69.37	114.63	104.23	89.15
EBITDA Margin	12.95%	12.01%	10.17%	16.36%	14.95%	15.00%
EBIT	12.75	4.12	1.33	39.49	17.02	6.05
EBIT Margin	1.91%	0.64%	0.20%	5.63%	2.44%	1.02%
Effective Tax Rate	-3840.73%	-210.97%	-210.41%	26.34%	41.02%	57.48%

Updated May 1, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q