Civeo (CVEO) Operating Expenses (2013 - 2026)
Civeo (CVEO) posted Operating Expenses of $174.9 million for Q2 2026, up 3.17% on a QoQ basis from $169.5 million in Q1 2026, and up 9.4% year-over-year from $159.9 million in Q2 2025.
Analysis
Civeo (CVEO) Operating Expenses (2013 - 2026) Analysis & Trends
Civeo has reported Operating Expenses for 14 years, with the latest figure at $174.9 million in Q2 2026.
- On a quarterly basis, Operating Expenses rose 9.4% year-over-year to $174.9 million in Q2 2026; TTM through Jun 2026 was $669.7 million, a 3.56% increase from a year earlier, with the FY2025 full-year figure at $634.7 million, down 6.77% from the prior year.
- Operating Expenses was $174.9 million for Q2 2026 at Civeo, up from $169.5 million in the prior quarter.
- The five-year high for Operating Expenses was $176.3 million in Q3 2024, with the low at $149.6 million in Q1 2025.
- Average Operating Expenses over 5 years is $166.7 million, with a median of $168.3 million recorded in 2023.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses climbed 19.29% in 2022, then declined 11.94% in 2023.
- Over 5 years, Operating Expenses stood at $174.4 million in 2022, then fell by 11.94% to $153.6 million in 2023, then rose by 4.8% to $161.0 million in 2024, then advanced by 0.47% to $161.8 million in 2025, then grew by 8.14% to $174.9 million in 2026.
- The last three Operating Expenses figures came in at $174.9 million (Q2 2026), $169.5 million (Q1 2026), and $161.8 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 80.22 Bn | 79.93 Bn | 1.48 Bn | 792.12 Mn |
| 2 | Iron Mountain | 34.79 Bn | 34.91 Bn | 1.07 Bn | 1.66 Bn |
| 3 | APi | 17.30 Bn | 16.45 Bn | 703.00 Mn | 528.00 Mn |
| 4 | Rollins | 17.25 Bn | 17.14 Bn | 569.95 Mn | 877.22 Mn |
| 5 | Aramark | 14.96 Bn | 14.53 Bn | 430.34 Mn | 4.84 Bn |
| 6 | FirstService | 6.59 Bn | 6.92 Bn | 480.66 Mn | 359.42 Mn |
| 7 | Unifirst | 4.98 Bn | 4.81 Bn | 234.73 Mn | 611.37 Mn |
| 8 | Geo | 4.20 Bn | 3.95 Bn | - | 530.70 Mn |
| 9 | CoreCivic | 3.43 Bn | 3.32 Bn | - | 615.92 Mn |
| 10 | Civeo | 374.89 Mn | 354.29 Mn | 41.41 Mn | 174.93 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 174.93 Mn |
| 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 |