---
schema_version: "secwatch.filing_event.v1"
accession: "0001590584-26-000017"
form_type: "8-K"
ticker: "CVEO"
cik: "0001590584"
company_name: "Civeo Corp"
filed_at: "2026-03-03T23:59:59+00:00"
generated_at: "2026-05-15T22:15:42.266430+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Civeo reports Q4 Adj. EBITDA $21.7M; full-year Adj. EBITDA $88.2M; new 10% buyback auth.

## Summary
- Q4 2025 revenue $161.6M, net loss $6.5M (-$0.56/diluted); Adj. EBITDA $21.7M vs $11.4M YoY.
- Full year 2025 revenue $638.8M, Adj. EBITDA $88.2M; Australian segment record annual revenue $460.3M.
- Repurchased 2.3M shares (~$54M) in 2025 (17% of shares); new 10% repurchase auth after current program completes.
- Canada segment margins improved: Adj. EBITDA went from -$5.4M (Q4 2024) to +$3.4M (Q4 2025) on cost cuts.
- FY 2026 guidance: revenue $650-700M, Adj. EBITDA $85-90M, capex $25-30M; new 4-year Ontario meals contract.

## SEC filing metadata
- accession: 0001590584-26-000017
- form_type: 8-K
- ticker: CVEO
- cik: 0001590584
- company_name: Civeo Corp
- filed_at: 2026-03-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1590584/000159058426000017/0001590584-26-000017-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1590584/000159058426000017/cveo-20260303.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001590584-26-000017
- JSON: https://secwatch.observer/filing/0001590584-26-000017.json
- Plain text: https://secwatch.observer/filing/0001590584-26-000017.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.