Civeo annual operating expenses
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2025
Civeo Operating Expenses Growth & History (CVEO)
Civeo's operating expenses was $634.7M for fiscal 2025.
View full Civeo company overviewCiveo annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $634.7M | −$46.1M | −6.77% |
| 2024 | 2024-12-31 | $680.8M | $19.5M | +2.94% |
| 2023 | 2023-12-31 | $661.3M | −$18.7M | −2.75% |
| 2022 | 2022-12-31 | $680.0M | $91.6M | +15.57% |
| 2021 | 2021-12-31 | $588.4M | −$88.5M | −13.07% |
| 2020 | 2020-12-31 | $676.9M | $100.3M | +17.40% |
| 2019 | 2019-12-31 | $576.6M | $21.9M | +3.94% |
| 2018 | 2018-12-31 | $554.7M | $74.5M | +15.51% |
| 2017 | 2017-12-31 | $480.2M | −$12.7M | −2.58% |
| 2016 | 2016-12-31 | $493.0M | −$170.0M | −25.64% |
| 2015 | 2015-12-31 | $663.0M | −$422.8M | −38.94% |
| 2014 | 2014-12-31 | $1.09B | $304.1M | +38.91% |
| 2013 | 2013-12-31 | $781.6M | $25.7M | +3.40% |
| 2012 | 2012-12-31 | $755.9M | — | — |
Civeo quarterly operating expenses
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Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $174.9M | $15.0M | +9.40% |
| Q1 2026 | 2026-03-31 | $169.5M | $20.0M | +13.36% |
| Q4 2025 | 2025-12-31 | $161.8M | $761,000 | +0.47% |
| Q3 2025 | 2025-09-30 | $163.5M | −$12.8M | −7.24% |
| Q2 2025 | 2025-06-30 | $159.9M | −$15.7M | −8.94% |
| Q1 2025 | 2025-03-31 | $149.6M | −$18.3M | −10.92% |
| Q4 2024 | 2024-12-31 | $161.0M | $7.4M | +4.80% |
| Q3 2024 | 2024-09-30 | $176.3M | $8.8M | +5.23% |
| Q2 2024 | 2024-06-30 | $175.6M | $6.9M | +4.11% |
| Q1 2024 | 2024-03-31 | $167.9M | −$3.6M | −2.10% |
| Q4 2023 | 2023-12-31 | $153.6M | −$20.8M | −11.94% |
| Q3 2023 | 2023-09-30 | $167.5M | −$5.9M | −3.41% |
| Q2 2023 | 2023-06-30 | $168.7M | −$2.0M | −1.20% |
| Q1 2023 | 2023-03-31 | $171.5M | $10.1M | +6.23% |
| Q4 2022 | 2022-12-31 | $174.4M | $22.5M | +14.78% |
| Q3 2022 | 2022-09-30 | $173.4M | $24.4M | +16.36% |
| Q2 2022 | 2022-06-30 | $170.7M | $18.7M | +12.28% |
| Q1 2022 | 2022-03-31 | $161.4M | $26.1M | +19.29% |
| Q4 2021 | 2021-12-31 | $152.0M | $15.2M | +11.14% |
| Q3 2021 | 2021-09-30 | $149.1M | $13.3M | +9.79% |
| Q2 2021 | 2021-06-30 | $152.0M | $35.5M | +30.46% |
| Q1 2021 | 2021-03-31 | $135.3M | −$152.5M | −52.99% |
| Q4 2020 | 2020-12-31 | $136.7M | −$33.9M | −19.88% |
| Q3 2020 | 2020-09-30 | $135.8M | −$9.5M | −6.55% |
| Q2 2020 | 2020-06-30 | $116.5M | −$17.7M | −13.16% |
| Q1 2020 | 2020-03-31 | $287.9M | $161.4M | +127.66% |
| Q4 2019 | 2019-12-31 | $170.7M | $49.0M | +40.28% |
| Q3 2019 | 2019-09-30 | $145.3M | $11.9M | +8.92% |
| Q2 2019 | 2019-06-30 | $134.2M | −$11.5M | −7.87% |
| Q1 2019 | 2019-03-31 | $126.4M | −$27.6M | −17.90% |
| Q4 2018 | 2018-12-31 | $121.7M | −$25.2M | −17.17% |
| Q3 2018 | 2018-09-30 | $133.4M | $14.6M | +12.25% |
| Q2 2018 | 2018-06-30 | $145.7M | $40.3M | +38.24% |
| Q1 2018 | 2018-03-31 | $154.0M | $44.9M | +41.09% |
| Q4 2017 | 2017-12-31 | $146.9M | $41.4M | +39.20% |
| Q3 2017 | 2017-09-30 | $118.8M | −$34.4M | −22.43% |
| Q2 2017 | 2017-06-30 | $105.4M | −$7.7M | −6.79% |
| Q1 2017 | 2017-03-31 | $109.2M | −$12.1M | −9.96% |
| Q4 2016 | 2016-12-31 | $105.5M | −$4.7M | −4.24% |
| Q3 2016 | 2016-09-30 | $153.2M | −$76.2M | −33.21% |
| Q2 2016 | 2016-06-30 | $113.0M | −$44.2M | −28.12% |
| Q1 2016 | 2016-03-31 | $121.2M | −$44.9M | −27.02% |
| Q4 2015 | 2015-12-31 | $110.2M | −$367.5M | −76.93% |
| Q3 2015 | 2015-09-30 | $229.4M | $32.1M | +16.28% |
| Q2 2015 | 2015-06-30 | $157.3M | −$53.6M | −25.42% |
| Q1 2015 | 2015-03-31 | $166.1M | −$33.8M | −16.92% |
| Q4 2014 | 2014-12-31 | $477.7M | $282.9M | +145.21% |
| Q3 2014 | 2014-09-30 | $197.3M | $5.6M | +2.90% |
| Q2 2014 | 2014-06-30 | $210.9M | $19.5M | +10.22% |
| Q1 2014 | 2014-03-31 | $199.9M | −$3.8M | −1.88% |
| Q4 2013 | 2013-12-31 | $194.8M | — | — |
| Q3 2013 | 2013-09-30 | $191.7M | — | — |
| Q2 2013 | 2013-06-30 | $191.4M | — | — |
| Q1 2013 | 2013-03-31 | $203.8M | — | — |
Civeo operating expenses trends
Over the last five fiscal years, Civeo's operating expenses decreased from $676.9M to $634.7M, a change of −$42.2M. The latest reported quarter, Q2 2026, shows $174.9M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Civeo source filings ↗