Filing Flows › Consumer Discretionary › Civeo (CVEO)
Civeo (CVEO) earnings and revenue breakdown
Latest: Q3 2026 · 10-Q filed Oct 30, 2026 · Civeo (CVEO) Q3 2026 earnings results →
Q3 2026 Revenue up 13% year over year to $193M · 3¢ of every $1 of revenue kept as net profit · operating margin 6.9%
Civeo made $193M in Q3 2026 (+13% Y/Y): Australia $130M, Canada $63.6M. Operating margin 6.9%, net earnings $5.2M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Oct 30, 2026.
Drawing the Sankey…
Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF
What changed this quarter
Revenue was $193.1M in Q3 2026, up 13% year over year and up 7% from the previous quarter. Australia was the largest line at 67% of revenue. Canada added $17.6M year over year (up 38%), 78% of the total change.
Gross margin was 24.0%, down 1.7 points from Q3 2025. Operating profit was $13.3M, a 6.9% margin (up 2.8 points year over year). Of the extra revenue versus Q3 2025, 28% reached operating profit, above the 4% margin then. Operating expenses fell 10% while revenue rose 13%. Net earnings were $5.2M. The effective tax rate was 42.8%.
Operating cash flow was $26.4M (up 91% year over year), 510% of net earnings. Non-cash charges added back $15.7M of depreciation and amortization. Working capital and other items added $5.5M. Capital expenditures of $5.4M left free cash flow of $21.0M.
Quarterly history
| Quarter | Form | Filed | Revenue | Y/Y | Op. margin | Net earnings | Op. cash flow |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 10-Q | Oct 30, 2026 | $193M | +13% | 6.9% | $5.2M | $26.4M |
| Q2 2026 | 10-Q | Jul 30, 2026 | $180M | +11% | 2.8% | −$2.5M | $11.6M |
| Q1 2026 | 10-Q | May 1, 2026 | $173M | +20% | 1.8% | −$3.8M | −$9.7M |
| Q4 2025 | 10-K | Mar 3, 2026 | $162M | +7% | -0.1% | −$6.5M | $19.3M |
| Q3 2025 | 10-Q | Oct 31, 2025 | $170M | -3% | 4.1% | −$456K | $13.8M |
| Q2 2025 | 10-Q | Jul 29, 2025 | $163M | -14% | 1.7% | −$3.3M | −$2.3M |
| Q1 2025 | 10-Q | Apr 30, 2025 | $144M | -13% | -3.8% | −$9.8M | −$8.4M |
Charts
Interactive views
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💵Where each $1 goesinteractive
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🌏Named in Asian annual reportsinteractive
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🔄Rotation against the market and its industry (RRG)interactive
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🔍Earnings qualityinteractive
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⚖️Fair value by methodinteractive
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🔭Outlook & guidanceinteractive
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📈Investments: gains and what it boughtinteractive
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🏭Its industry’s money flow (input-output)interactive
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Customers and suppliers named in filings
Sells to
- SU — 10% of its revenue · Stated in 10-K (XBRL) · source
About Civeo
We maintain a website with the address of www.civeo.com. We are not including the information contained on our website as a part of, or incorporating it by reference into, this annual report. We file or furnish annual, quarterly and current reports, proxy statements and other documents with the Securities and Exchange Commission (the SEC). We make available free of charge through our website our Annual Report on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K, and amendments to these reports, as soon as reasonably practicable after we electronically file such material with, or furnish such material to, the SEC.
In its own words, from its 10-K, filed Mar 3, 2026.
Civeo against its Hotels, Rooming Houses, Camps & Other Lodging Places peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +13% against the peers' median +13%. Operating margin: 6.9% against the peers' median 6.9%.
| Company | Quarter | Revenue | Y/Y | Op. margin |
|---|---|---|---|---|
| CVEO Civeo | Q3 2026 | $193M | +13% | 6.9% |
| HGV Hilton Grand Vacations | Q3 2026 | $2.0B | +51% | 25.1% |
| TH Target Hospitality | Q2 2026 | $85.5M | +39% | -8.8% |
| Pismo Coast Village | Q3 FY26 | $3.1M | +6% | 24.0% |
| MDLK ModuLink | Q2 2026 | $360K | +6% | -24.9% |
Source: Civeo 10-Q on SEC EDGAR · CIK 1590584 · Hotels, Rooming Houses, Camps & Other Lodging Places
Guidance and outlook
13F: who owns CVEO and who is buying
More on CVEO
History
Every quarter: Q3 2026 results · Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results