Civeo Corporation (CVEO) Revenue History
Annual and quarterly revenue from 2012 to present
CVEO Revenue Over Time (2012–2025)
CVEO Revenue Growth History
6 of 13 years with positive growth- FY2012 revenue growth
- N/A
- FY2013 revenue growth
- -6.1%
- FY2014 revenue growth
- -9.4%
- FY2015 revenue growth
- -45.1%
- FY2016 revenue growth
- -23.3%
- FY2017 revenue growth
- -3.8%
- FY2018 revenue growth
- +22.1%
- FY2019 revenue growth
- +13.0%
- FY2020 revenue growth
- +0.4%
- FY2021 revenue growth
- +12.2%
- FY2022 revenue growth
- +17.3%
- FY2023 revenue growth
- +0.5%
- FY2024 revenue growth
- -2.7%
- FY2025 revenue growth
- -6.3%
| Quarter | Revenue | YoY |
|---|---|---|
| Q1 2026 | $172.7M | +19.9% |
| Q4 2025 | $161.6M | +7.1% |
| Q3 2025 | $170.5M | -3.3% |
| Q2 2025 | $162.7M | -13.8% |
| Q1 2025 | $144.0M | -13.3% |
| Q4 2024 | $151.0M | -11.6% |
| Q3 2024 | $176.3M | -3.9% |
| Q2 2024 | $188.7M | +5.5% |
Multi-year avg. share of annual revenue by fiscal quarter
Revenue Breakdown (FY 2023)
CVEO's revenue distribution by segment and geography for fiscal year 2023
By Product/Segment
By Geography
CVEO Revenue Analysis (2012–2025)
Current Revenue & Growth
As of June 21, 2026, Civeo Corporation (CVEO) generated trailing twelve-month (TTM) revenue of $667.5 million, reflecting strong growth of +19.9% year-over-year. The most recent quarter (Q1 2026) recorded $172.7 million in revenue, up 6.8% sequentially.
Historical Growth Trajectory
CVEO's 5-year compound annual growth rate (CAGR) stands at +3.8%, indicating moderate growth over time. The 3-year CAGR of -2.9% is below the 5-year average, signalling a growth deceleration in recent years. Civeo Corporation's highest annual revenue of $1.11 billion was recorded in 2012.
Revenue by Segment
CVEO's revenue is primarily driven by Service and Other (100%), Product (0%), and Mobile Facility Rental (0%). With over half of revenue concentrated in Service and Other, the company has a focused business model while developing other growth vectors.
Peer Comparison
Compared to Industrials sector peers — including MGRC (+3.1% YoY), WSC (-4.1% YoY), and BBGI (-15.0% YoY) — CVEO has outperformed the peer group in revenue growth. Compare CVEO vs MGRC →
CVEO Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| CVEOCurrent | $667M | +19.9% | +3.8% | 0.5% | |
 MGRC | $944M | +3.1% | +10.5% | 25.9% | |
 WSC | $2.3B | -4.1% | +12.4% | 21.4% | |
 BBGI | $206M | -15.0% | -0.0% | -2.4% | |
 ABM | $8.7B | +6.5% | +7.9% | 3.7% | |
 CTAS | $10.3B | +8.6% | +7.9% | 22.8% |
CVEO Historical Revenue Data (2012–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $638.8M | -6.3% | $78.5M | 12.3% | $3.1M | 0.5% |
| 2024 | $682.1M | -2.7% | $149.5M | 21.9% | $1.3M | 0.2% |
| 2023 | $700.8M | +0.5% | $170.5M | 24.3% | $39.5M | 5.6% |
| 2022 | $697.1M | +17.3% | $180.0M | 25.8% | $17.0M | 2.4% |
| 2021 | $594.5M | +12.2% | $158.0M | 26.6% | $6.1M | 1.0% |
| 2020 | $529.7M | +0.4% | $147.6M | 27.9% | $-147,188,000 | -27.8% |
| 2019 | $527.6M | +13.0% | $160.7M | 30.5% | $-49,051,000 | -9.3% |
| 2018 | $466.7M | +22.1% | $136.3M | 29.2% | $-88,055,000 | -18.9% |
| 2017 | $382.3M | -3.8% | $125.0M | 32.7% | $-97,971,000 | -25.6% |
| 2016 | $397.2M | -23.3% | $137.6M | 34.6% | $-95,760,000 | -24.1% |
| 2015 | $518.0M | -45.1% | $190.3M | 36.7% | $-145,003,000 | -28.0% |
| 2014 | $942.9M | -9.4% | $398.0M | 42.2% | $-142,891,000 | -15.2% |
| 2013 | $1.04B | -6.1% | $491.5M | 47.2% | $259.5M | 24.9% |
| 2012 | $1.11B | - | $556.5M | 50.2% | $352.9M | 31.8% |
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
14+ years return with dividends reinvested.
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Peer Comparison
Compare growth, multiples, and margins vs sector.
CVEO — Frequently Asked Questions
Quick answers to the most common questions about buying CVEO stock.
Is CVEO's revenue growth accelerating or slowing?
CVEO revenue growth is accelerating. TTM revenue reached $667M, up +19.9% year-over-year — ahead of the 5-year CAGR of +3.8%. This indicates the business is expanding faster than its historical baseline.
What is CVEO's revenue history from 2012 to 2026?
Civeo Corporation (CVEO) revenue history spans 2012 to 2026. TTM revenue as of 2026 is $667M, growing at +19.9% YoY. The 5-year CAGR is +3.8%. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is CVEO's long-term revenue growth rate (CAGR)?
Civeo Corporation's 5-year revenue CAGR of +3.8% reflects the sustained nature of its business expansion. As of 2026, the current YoY growth rate of +19.9% is above this long-term average. CAGR is the most reliable measure of sustained revenue momentum for CVEO.
Why does CVEO's quarterly revenue fluctuate?
CVEO quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. Civeo Corporation's revenue data from 2012 to 2026 shows full historical quarterly detail on this page.
How is CVEO's revenue distributed by segment?
CVEO reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does CVEO's revenue compare to industry peers?
Civeo Corporation (CVEO) with TTM revenue of $667M and +19.9% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.