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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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Home›CVEO›Financials
Annual statements · SEC XBRL · FY2016 – FY2025

Civeo Corp (CVEO) financials

Income statement

Civeo Corp (CVEO) income statement, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$397M$382M$467M$528M$530M$594M$697M$701M$682M$639M
Revenue growth—-3.8%22.1%13.0%0.4%12.2%17.3%0.5%-2.7%-6.3%
Gross profit——————$180M$171M$149M$151M
Gross margin——————25.8%24.3%21.9%23.7%
Operating income-$95.8M-$98.0M-$88.1M-$49.1M-$147M$6.05M$17.0M$39.5M$1.33M$4.12M
Operating margin-24.1%-25.6%-18.9%-9.3%-27.8%1.0%2.4%5.6%0.2%0.6%
Net income-$96.4M-$106M-$82.2M-$58.5M-$134M$1.35M$4.00M$30.2M-$17.1M-$20.1M
Net margin-24.3%-27.7%-17.6%-11.1%-25.3%0.2%0.6%4.3%-2.5%-3.1%
EPS (diluted)-$0.90-$0.82-$10.06-$4.33-$9.64-$0.04-$0.21$2.01-$1.19-$1.59

Cash flow

Civeo Corp (CVEO) cash flow, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$62.2M$56.8M$54.4M$74.5M$117M$88.5M$91.8M$96.6M$83.5M$22.3M
Capital expenditures$19.8M$11.2M$17.1M$29.8M$10.1M$15.6M$25.4M$31.6M$26.1M$20.2M
Free cash flow$42.4M$45.6M$37.3M$44.7M$107M$73.0M$66.4M$64.9M$57.4M$2.15M
Share buybacks———$0.00$0.00$4.65M$14.2M$11.6M$29.6M$53.6M
Dividends paid—————$0.00$0.00$7.42M$14.4M$3.44M

Balance sheet

Civeo Corp (CVEO) balance sheet, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$1.78M$32.6M$12.4M$3.33M$6.16M$6.28M$7.95M$3.32M$5.20M$14.4M
Total assets$910M$854M$1.00B$970M$741M$673M$566M$548M$405M$477M
Total liabilities$434M$378M$466M$479M$365M$310M$262M$225M$168M$303M
Long-term debt$338M$278M$343M$322M$214M$143M$103M$65.6M$43.3M$183M
Shareholders' equity$475M$476M$535M$490M$375M$361M$300M$320M$236M$174M
Retained earnings-$473M-$579M-$711M-$772M-$908M-$913M-$930M-$919M-$981M-$1.06B
Shares (wtd avg diluted)107M128M13.1M13.9M14.1M14.2M14.0M15.0M14.3M12.6M

Every figure is extracted from Civeo Corp’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is Civeo Corp's annual revenue?
Civeo Corp (CVEO) reported $639M of revenue for fiscal year 2025 — down 6.3% from $682M in FY2024, per its annual report filed with the SEC.
Is Civeo Corp profitable?
Not in FY2025 — CVEO reported a net loss of $20.1M, per SEC filings.
What is Civeo Corp's free cash flow?
$2.15M in FY2025 (operating cash flow $22.3M minus $20.2M of capital expenditures), from the SEC cash-flow statement.
Does CVEO pay a dividend?
Yes — Civeo Corp paid $3.44M in cash dividends during FY2025, per its SEC cash-flow statement.
Full CVEO analysis — verdict, score & filings →Is CVEO a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.