Civeo Corporation (CVEO) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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CVEO Revenue Growth
Revenue Breakdown (FY 2023)
CVEO's revenue distribution by segment and geography for fiscal year 2023
By Product/Segment
By Geography
CVEO Revenue Analysis (2014–2025)
As of May 7, 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.
Looking at the longer-term picture, CVEO's 5-year compound annual growth rate (CAGR) stands at +3.8%, indicating moderate growth over time. The company achieved its highest annual revenue of $942.9 million in 2014.
Revenue diversification analysis shows CVEO's business 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 maintains significant focus in this area while developing other growth vectors.
When compared to Industrials sector peers including MGRC (+3.1% YoY), WSC (-4.8% YoY), and BBGI (-14.3% YoY), CVEO has outperformed the peer group in terms of 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 | -4.8% | +12.4% | 21.4% | |
 BBGI | $206M | -14.3% | -0.0% | -2.4% | |
 ABM | $8.7B | +5.6% | +7.9% | 3.7% | |
 CTAS | $10.3B | +8.6% | +7.9% | 22.8% |
CVEO Historical Revenue Data (2014–2025)
| 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% |
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Start ComparisonCVEO — Frequently Asked Questions
Quick answers to the most common questions about buying CVEO stock.
Is CVEO's revenue growth accelerating or slowing?
CVEO revenue is accelerating at +19.9% year-over-year, exceeding the 5-year CAGR of +3.8%. TTM revenue reached $667M. Growth momentum has increased versus prior periods.
What is CVEO's long-term revenue growth rate?
Civeo Corporation's 5-year revenue CAGR of +3.8% reflects the sustained expansion pattern. Current YoY growth of +19.9% is above this long-term average.
How is CVEO's revenue distributed by segment?
CVEO reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.