Civeo (CVEO) Operating Expenses (2013 - 2026)
Civeo (CVEO) recorded quarterly Operating Expenses of $169.5 million in Q1 2026, up 4.82% quarter-over-quarter from $161.8 million in Q4 2025, and up 13.36% on a YoY basis from $149.6 million in Q1 2025.
Civeo (CVEO) Operating Expenses (2013 - 2026) Analysis & Trends
Civeo's Operating Expenses history runs 14 years deep, the most recent figure standing at $169.5 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 13.36% year-over-year to $169.5 million; the TTM figure through Mar 2026 stood at $654.7 million (down 1.17% YoY), while the FY2025 annual figure was $634.7 million, down 6.77% from the prior year.
- Operating Expenses was $169.5 million for Q1 2026 at Civeo, up from $161.8 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $176.3 million in Q3 2024 to a low of $149.6 million in Q1 2025.
- Historically, Operating Expenses has averaged $166.3 million across 5 years, with a median of $167.9 million in 2024.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses advanced 19.29% in 2022, then dropped 11.94% in 2023.
- A 5-year view of Operating Expenses shows it stood at $174.4 million in 2022, then declined by 11.94% to $153.6 million in 2023, then increased by 4.8% to $161.0 million in 2024, then gained by 0.47% to $161.8 million in 2025, then rose by 4.82% to $169.5 million in 2026.
- The last three Operating Expenses figures came in at $169.5 million (Q1 2026), $161.8 million (Q4 2025), and $163.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 104.92 Bn | 104.47 Bn | 6.38 Bn | 5.59 Bn |
| 2 | Hilton Worldwide Holdings | 78.30 Bn | 77.76 Bn | - | 2.26 Bn |
| 3 | Intercontinental Hotels | 25.15 Bn | 24.02 Bn | - | - |
| 4 | Hyatt Hotels | 18.35 Bn | 18.00 Bn | 1.75 Bn | 1.63 Bn |
| 5 | Wyndham Hotels & Resorts | 6.08 Bn | 6.00 Bn | 302.00 Mn | 213.00 Mn |
| 6 | Choice Hotels International | 4.96 Bn | 4.92 Bn | 316.92 Mn | 280.54 Mn |
| 7 | Atour Lifestyle Holdings | 2.06 Bn | -359.74 Bn | 241.80 Mn | -324.67 Mn |
| 8 | Civeo | 383.60 Mn | 367.05 Mn | 40.16 Mn | 169.54 Mn |
| 9 | GreenTree Hospitality | 5.54 Mn | -227.70 Mn | 26.57 Mn | -50.43 Mn |
| 10 | H World | 1,704.21 | -1.44 Bn | 824.36 Mn | -656.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 169.54 Mn |
| Dec 31, 2025 | 161.76 Mn |
| Sep 30, 2025 | 163.53 Mn |
| Jun 30, 2025 | 159.89 Mn |
| Mar 31, 2025 | 149.56 Mn |
| Dec 31, 2024 | 160.99 Mn |
| Sep 30, 2024 | 176.29 Mn |
| Jun 30, 2024 | 175.60 Mn |
| Mar 31, 2024 | 167.90 Mn |
| Dec 31, 2023 | 153.62 Mn |
| Sep 30, 2023 | 167.53 Mn |
| Jun 30, 2023 | 168.67 Mn |
| Mar 31, 2023 | 171.50 Mn |
| Dec 31, 2022 | 174.44 Mn |
| Sep 30, 2022 | 173.44 Mn |
| Jun 30, 2022 | 170.71 Mn |
| Mar 31, 2022 | 161.44 Mn |
| Dec 31, 2021 | 151.98 Mn |
| Sep 30, 2021 | 149.05 Mn |
| Jun 30, 2021 | 152.05 Mn |