Civeo (CVEO) Revenue & Revenue Breakdown


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Civeo Revenue Highlights


Latest Revenue (Y)

$699.01M

Latest Revenue (Q)

$188.71M

Main Segment (Y)

Service

Main Geography (Y)

Canada Segment

Civeo Revenue by Period


Civeo Revenue by Year

DateRevenueChange
2023-12-31$699.01M0.28%
2022-12-31$697.05M17.26%
2021-12-31$594.46M12.22%
2020-12-31$529.73M0.41%
2019-12-31$527.55M13.04%
2018-12-31$466.69M22.08%
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 $699.01M in revenue during NA 2023, up 0.28% compared to the previous quarter, and up 149.78% compared to the same period a year ago.

Civeo Revenue by Quarter

DateRevenueChange
2024-06-30$188.71M13.60%
2024-03-31$166.12M-2.74%
2023-12-31$170.80M-6.96%
2023-09-30$183.57M2.64%
2023-06-30$178.84M6.71%
2023-03-31$167.59M3.33%
2022-12-31$162.19M-11.96%
2022-09-30$184.23M-0.39%
2022-06-30$184.95M11.63%
2022-03-31$165.68M3.68%
2021-12-31$159.79M3.05%
2021-09-30$155.06M0.58%
2021-06-30$154.18M22.92%
2021-03-31$125.43M-5.96%
2020-12-31$133.38M-6.64%
2020-09-30$142.86M24.55%
2020-06-30$114.70M-17.36%
2020-03-31$138.79M-6.66%
2019-12-31$148.69M0.36%
2019-09-30$148.16M21.29%
2019-06-30$122.15M12.53%
2019-03-31$108.55M-5.21%
2018-12-31$114.52M-4.96%
2018-09-30$120.49M-7.44%
2018-06-30$130.18M28.25%
2018-03-31$101.50M0.15%
2017-12-31$101.35M3.96%
2017-09-30$97.49M5.95%
2017-06-30$92.01M0.64%
2017-03-31$91.43M0.56%
2016-12-31$90.92M-12.78%
2016-09-30$104.24M-2.61%
2016-06-30$107.03M12.63%
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$243.26M7.10%
2014-06-30$227.13M-10.15%
2014-03-31$252.80M-2.20%
2013-12-31$258.48M5.46%
2013-09-30$245.10M0.87%
2013-06-30$242.99M-17.50%
2013-03-31$294.54M-

Civeo generated $188.71M in revenue during Q2 2024, up 13.60% compared to the previous quarter, and up 112.60% compared to the same period a year ago.

Civeo Revenue Breakdown


Civeo Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Rental$737.00K$18.32M$16.03M$16.82M$27.99M
Service$699.01M$676.00M---
Product$1.06M$2.73M$3.24M$7.51M$6.86M
Service and Other--$575.19M$505.40M$492.70M

Civeo's latest annual revenue breakdown by segment (product or service), as of Dec 23: Service (99.74%), Product (0.15%), and Rental (0.11%).

Quarterly Revenue by Product

Product/ServiceJun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Product$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$3.21M$2.20M$872.00K
Service and Other$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$129.40M$139.55M$140.35M--

Civeo's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Service and Other (99.88%), and Product (0.12%).

Civeo Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21Dec 20Dec 19
Canada Segment$352.80M$96.40M$62.86M$33.19M-
Australia Segment$336.76M$125.54M$105.74M$90.47M-
U.S. Segment-$18.37M$14.49M$16.84M$45.81M
Australian Segment----$156.09M
Canadian Segment----$325.65M

Civeo's latest annual revenue breakdown by geography, as of Dec 23: Canada Segment (51.16%), and Australia Segment (48.84%).

Quarterly Revenue by Country

CountryJun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19
Canada Segment$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 Segment$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--------------$13.13M-----
AUSTRALIA--------------$25.21M-----
UNITED STATES--------------$3.22M-----
Canadian Segment---------------$6.07M$2.51M$89.71M$3.05M$1.82M
Australian Segment---------------$22.14M$16.53M$48.93M$14.69M-
U.S. Segment---------------$3.87M$6.19M$10.05M$6.95M$7.63M

Civeo's latest quarterly revenue breakdown by geography, as of Jun 24: Australia Segment (57.73%), and Canada Segment (42.27%).

Civeo Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
ARMKAramark$18.85B$4.38B
ABMABM Industries$8.10B$2.02B
MMSMaximus$4.90B$1.35B
BVBrightView$2.82B$738.80M
CBZCBIZ$1.59B$53.64M
FAFirst Advantage$763.76M$184.55M
CVEOCiveo$699.01M$188.71M
PFSWPFSweb$295.12M$67.92M
CASSCass Information Systems$196.96M$48.99M

CVEO Revenue FAQ


Civeo's yearly revenue for 2023 was $699.01M, representing an increase of 0.28% compared to 2022. The company's yearly revenue for 2022 was $697.05M, representing an increase of 17.26% compared to 2021. CVEO's yearly revenue for 2021 was $594.46M, representing an increase of 12.22% compared to 2020.

Civeo's quarterly revenue for Q2 2024 was $188.71M, a 13.60% increase from the previous quarter (Q1 2024), and a 5.52% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $166.12M, a -2.74% decrease from the previous quarter (Q4 2023), and a -0.88% decrease year-over-year (Q1 2023). CVEO's quarterly revenue for Q4 2023 was $170.8M, a -6.96% decrease from the previous quarter (Q3 2023), and a 5.31% increase year-over-year (Q4 2022).

Civeo's revenue growth rate for the last 3 years (2021-2023) was 17.59%, and for the last 5 years (2019-2023) was 32.50%.

Civeo's revenue streams in c 23 are Rental, Service, and Product. Rental generated $737K in revenue, accounting 0.11% of the company's total revenue, down -95.98% year-over-year. Service generated $699.01M in revenue, accounting 99.74% of the company's total revenue, up 3.40% year-over-year. Product generated $1.06M in revenue, accounting 0.15% of the company's total revenue, down -61.17% year-over-year.

For the fiscal year ending Dec 23, the largest source of revenue of Civeo was Service. This segment made a revenue of $699.01M, representing 99.74% of the company's total revenue.