v3.26.3
UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Income Statement [Abstract]        
Revenue $ 193,101 $ 170,491 $ 545,785 $ 477,229
Costs and expenses:        
Service and other costs 146,814 126,704 417,931 362,850
Selling, general and administrative expenses 18,604 18,107 59,078 56,762
Depreciation and amortization expense 15,714 20,012 49,349 54,092
Other operating income (1,331) (1,298) (2,088) (725)
Total costs and expenses 179,801 163,525 524,270 472,979
Operating income 13,300 6,966 21,515 4,250
Interest expense (4,414) (3,422) (12,432) (7,740)
Interest income 182 28 272 129
Other income (expense) (6) 10 53 476
Income (loss) before income taxes 9,062 3,582 9,408 (2,885)
Income tax expense (3,879) (4,038) (10,545) (10,732)
Net income (loss) 5,183 (456) (1,137) (13,617)
Less: Net income (loss) attributable to noncontrolling interest 4 (1) 13 (6)
Net income (loss) attributable to Civeo Corporation $ 5,179 $ (455) $ (1,150) $ (13,611)
Per Share Data (see Note 6)        
Basic net income (loss) per share attributable to Civeo Corporation common shareholders (in dollars per share) $ 0.50 $ (0.04) $ (0.11) $ (1.04)
Diluted net income (loss) per share attributable to Civeo Corporation common shareholders (in dollars per share) $ 0.50 $ (0.04) $ (0.11) $ (1.04)
Weighted average number of common shares outstanding:        
Basic (in shares) 10,357 12,395 10,800 13,053
Diluted (in shares) 10,379 12,395 10,800 13,053
Dividends per common share (in dollars per share) $ 0 $ 0 $ 0 $ 0.25