Civeo (CVEO) Revenue & Revenue Breakdown

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Civeo Revenue Highlights

Latest Revenue (Y)

$682.12M

Latest Revenue (Q)

$162.69M

Main Segment (Y)

US Segment and Other

Main Geography (Y)

Australia Segment

Civeo Revenue by Period

Civeo Revenue by Year

Date	Revenue	Change
2024-12-31	$682.12M	-2.67%
2023-12-31	$700.80M	0.54%
2022-12-31	$697.05M	17.26%
2021-12-31	$594.46M	12.22%
2020-12-31	$529.73M	0.41%
2019-12-31	$527.55M	13.04%
2018-12-31	$466.69M	22.08%
2017-12-31	$382.28M	-3.76%
2016-12-31	$397.23M	-23.31%
2015-12-31	$517.96M	-45.07%
2014-12-31	$942.89M	-9.43%
2013-12-31	$1.04B	-6.11%
2012-12-31	$1.11B	-

Civeo generated $682.12M in revenue during NA 2024, up -2.67% compared to the previous quarter, and up 129.30% compared to the same period a year ago.

Civeo Revenue by Quarter

Date	Revenue	Change
2025-06-30	$162.69M	12.95%
2025-03-31	$144.04M	-4.58%
2024-12-31	$150.95M	-14.40%
2024-09-30	$176.34M	-6.56%
2024-06-30	$188.71M	13.60%
2024-03-31	$166.12M	-2.74%
2023-12-31	$170.80M	-6.96%
2023-09-30	$183.57M	2.64%
2023-06-30	$178.84M	6.71%
2023-03-31	$167.59M	3.33%
2022-12-31	$162.19M	-11.96%
2022-09-30	$184.23M	-0.39%
2022-06-30	$184.95M	11.63%
2022-03-31	$165.68M	3.68%
2021-12-31	$159.79M	3.05%
2021-09-30	$155.06M	0.58%
2021-06-30	$154.18M	22.92%
2021-03-31	$125.43M	-5.96%
2020-12-31	$133.38M	-6.64%
2020-09-30	$142.86M	24.55%
2020-06-30	$114.70M	-17.36%
2020-03-31	$138.79M	-6.66%
2019-12-31	$148.69M	0.36%
2019-09-30	$148.16M	21.29%
2019-06-30	$122.15M	12.53%
2019-03-31	$108.55M	-5.21%
2018-12-31	$114.52M	-4.96%
2018-09-30	$120.49M	-7.44%
2018-06-30	$130.18M	28.25%
2018-03-31	$101.50M	0.15%
2017-12-31	$101.35M	3.96%
2017-09-30	$97.49M	5.95%
2017-06-30	$92.01M	0.64%
2017-03-31	$91.43M	0.56%
2016-12-31	$90.92M	-12.78%
2016-09-30	$104.24M	-2.61%
2016-06-30	$107.03M	12.63%
2016-03-31	$95.04M	-2.31%
2015-12-31	$97.28M	-8.69%
2015-09-30	$106.54M	-25.57%
2015-06-30	$143.15M	-16.28%
2015-03-31	$170.99M	-22.17%
2014-12-31	$219.69M	-9.69%
2014-09-30	$243.26M	7.10%
2014-06-30	$227.13M	-10.15%
2014-03-31	$252.80M	-2.20%
2013-12-31	$258.48M	5.46%
2013-09-30	$245.10M	0.87%
2013-06-30	$242.99M	-17.50%
2013-03-31	$294.54M	-

Civeo generated $162.69M in revenue during Q2 2025, up 12.95% compared to the previous quarter, and up 97.94% compared to the same period a year ago.

Civeo Revenue Breakdown

Civeo Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 24	Dec 23	Dec 22	Dec 21	Dec 20
US Segment and Other	$10.08M	-	-	-	-
Rental	-	$737.00K	$18.32M	$16.03M	$16.82M
Service	-	$699.01M	$676.00M	-	-
Product	-	$1.06M	$2.73M	$3.24M	$7.51M
Service and Other	-	-	-	$575.19M	$505.40M

Civeo's latest annual revenue breakdown by segment (product or service), as of Dec 24: US Segment and Other (100.00%).

Quarterly Revenue by Product

Product/Service	Jun 25	Mar 25	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20
Canada Segment	$434.00K	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Operating Segment	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Mobile Facility Rental	-	-	$111.00K	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Product	-	-	$259.00K	$232.00K	$207.00K	$228.00K	$343.00K	$298.00K	$193.00K	$284.00K	$938.00K	$665.00K	$848.00K	$621.00K	$401.00K	$1.85M	$370.00K	$349.00K	$3.12M	$831.00K
Service and Other	-	-	$175.97M	$188.23M	$165.53M	$183.23M	$178.53M	$167.38M	$177.50M	$177.25M	$159.57M	$155.32M	$150.08M	$147.78M	$122.00M	$129.47M	$136.52M	$110.01M	-	-

Civeo's latest quarterly revenue breakdown by segment (product or service), as of Jun 25: Canada Segment (100.00%).

Civeo Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 24	Dec 23	Dec 22	Dec 21	Dec 20
Australia Segment	$426.96M	$336.76M	$125.54M	$105.74M	$90.47M
Canada Segment	$245.09M	$352.80M	$96.40M	$62.86M	$33.19M
U.S. Segment	-	-	$18.37M	$14.49M	$16.84M

Civeo's latest annual revenue breakdown by geography, as of Dec 24: Australia Segment (63.53%), and Canada Segment (36.47%).

Quarterly Revenue by Country

Country	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Sep 20	Jun 20
Australia Segment	$112.67M	$103.65M	$109.99M	$116.62M	$108.61M	$91.74M	$174.29M	$87.89M	$38.20M	$36.39M	$35.35M	$35.49M	$28.77M	$25.93M	$26.52M	$27.01M	$26.24M	$25.96M	-	-
Canada Segment	$50.02M	$40.40M	$40.66M	$57.74M	$79.53M	$67.16M	$220.21M	$95.14M	$17.41M	$20.03M	$23.04M	$25.28M	$24.06M	$24.02M	$24.62M	$19.07M	$8.67M	$10.50M	-	-
AUSTRALIA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$25.21M	-
UNITED STATES	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$3.22M	-
CANADA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$13.13M	-
U.S. Segment	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$3.87M
Canadian Segment	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$6.07M
Australian Segment	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$22.14M

Civeo's latest quarterly revenue breakdown by geography, as of Jun 25: Australia Segment (69.25%), and Canada Segment (30.75%).

Civeo Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
QUAD	Quad/Graphics	$2.67B	$571.90M
CVEO	Civeo	$682.12M	$162.69M
TG	Tredegar	$598.02M	$164.74M
MEC	Mayville Engineering	$581.60M	$132.33M
NL	NL Industries	$145.94M	$40.27M
GASS	StealthGas	$143.53M	$41.56M
FCEL	FuelCell Energy	$112.13M	$46.74M
SLDP	Solid Power	$20.14M	$6.49M
SPCE	Virgin Galactic	$7.04M	$461.00K

CVEO Revenue FAQ

What is Civeo’s yearly revenue?

Civeo's yearly revenue for 2024 was $682.12M, representing a decrease of -2.67% compared to 2023. The company's yearly revenue for 2023 was $700.8M, representing an increase of 0.54% compared to 2022. CVEO's yearly revenue for 2022 was $697.05M, representing an increase of 17.26% compared to 2021.

What is Civeo’s quarterly revenue?

Civeo's quarterly revenue for Q2 2025 was $162.69M, a 12.95% increase from the previous quarter (Q1 2025), and a -13.79% decrease year-over-year (Q2 2024). The company's quarterly revenue for Q1 2025 was $144.04M, a -4.58% decrease from the previous quarter (Q4 2024), and a -13.29% decrease year-over-year (Q1 2024). CVEO's quarterly revenue for Q4 2024 was $150.95M, a -14.40% decrease from the previous quarter (Q3 2024), and a -11.62% decrease year-over-year (Q4 2023).

What is Civeo’s revenue growth rate?

Civeo's revenue growth rate for the last 3 years (2022-2024) was -2.14%, and for the last 5 years (2020-2024) was 28.77%.

What are Civeo’s revenue streams?

Civeo's revenue streams in c 24 are US Segment and Other

What is Civeo’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Civeo was US Segment and Other. This segment made a revenue of $10.08M, representing 100.00% of the company's total revenue.