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Side-by-side financial comparison of Civeo Corp (CVEO) and GRID DYNAMICS HOLDINGS, INC. (GDYN). Click either name above to swap in a different company.

Civeo Corp is the larger business by last-quarter revenue ($161.6M vs $104.1M, roughly 1.6× GRID DYNAMICS HOLDINGS, INC.). GRID DYNAMICS HOLDINGS, INC. runs the higher net margin — -1.4% vs -4.0%, a 2.6% gap on every dollar of revenue. On growth, Civeo Corp posted the faster year-over-year revenue change (7.1% vs 3.7%). Over the past eight quarters, GRID DYNAMICS HOLDINGS, INC.'s revenue compounded faster (12.0% CAGR vs -1.4%).

The Civeo Corporation is an American accommodation services multinational corporation. It is a spin-off of Oil States International. It is a public company listed on the New York Stock Exchange.

Escape Dynamics, Inc. was a Colorado-based technology company that operated 2010–2015 focused on bringing to market single-stage-to-orbit reusable electromagnetically powered spaceplanes.

CVEO vs GDYN — Head-to-Head

Bigger by revenue
CVEO
CVEO
1.6× larger
CVEO
$161.6M
$104.1M
GDYN
Growing faster (revenue YoY)
CVEO
CVEO
+3.4% gap
CVEO
7.1%
3.7%
GDYN
Higher net margin
GDYN
GDYN
2.6% more per $
GDYN
-1.4%
-4.0%
CVEO
Faster 2-yr revenue CAGR
GDYN
GDYN
Annualised
GDYN
12.0%
-1.4%
CVEO

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
CVEO
CVEO
GDYN
GDYN
Revenue
$161.6M
$104.1M
Net Profit
$-6.5M
$-1.5M
Gross Margin
22.7%
34.8%
Operating Margin
-0.1%
61.7%
Net Margin
-4.0%
-1.4%
Revenue YoY
7.1%
3.7%
Net Profit YoY
58.1%
-150.6%
EPS (diluted)
$-0.58
$-0.02

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CVEO
CVEO
GDYN
GDYN
Q1 26
$104.1M
Q4 25
$161.6M
$106.2M
Q3 25
$170.5M
$104.2M
Q2 25
$162.7M
$101.1M
Q1 25
$144.0M
$100.4M
Q4 24
$151.0M
$100.3M
Q3 24
$176.3M
$87.4M
Q2 24
$188.7M
$83.0M
Net Profit
CVEO
CVEO
GDYN
GDYN
Q1 26
$-1.5M
Q4 25
$-6.5M
$306.0K
Q3 25
$-455.0K
$1.2M
Q2 25
$-3.3M
$5.3M
Q1 25
$-9.8M
$2.9M
Q4 24
$-15.4M
$4.5M
Q3 24
$-5.1M
$4.3M
Q2 24
$8.2M
$-817.0K
Gross Margin
CVEO
CVEO
GDYN
GDYN
Q1 26
34.8%
Q4 25
22.7%
34.0%
Q3 25
25.7%
33.3%
Q2 25
25.3%
34.1%
Q1 25
20.4%
36.8%
Q4 24
18.6%
36.9%
Q3 24
21.4%
37.4%
Q2 24
25.4%
35.6%
Operating Margin
CVEO
CVEO
GDYN
GDYN
Q1 26
61.7%
Q4 25
-0.1%
0.5%
Q3 25
4.1%
-0.2%
Q2 25
1.7%
-0.1%
Q1 25
-3.8%
-2.0%
Q4 24
-6.7%
1.3%
Q3 24
0.0%
2.4%
Q2 24
6.9%
0.0%
Net Margin
CVEO
CVEO
GDYN
GDYN
Q1 26
-1.4%
Q4 25
-4.0%
0.3%
Q3 25
-0.3%
1.1%
Q2 25
-2.0%
5.2%
Q1 25
-6.8%
2.9%
Q4 24
-10.2%
4.5%
Q3 24
-2.9%
4.9%
Q2 24
4.4%
-1.0%
EPS (diluted)
CVEO
CVEO
GDYN
GDYN
Q1 26
$-0.02
Q4 25
$-0.58
$0.01
Q3 25
$-0.04
$0.01
Q2 25
$-0.25
$0.06
Q1 25
$-0.72
$0.03
Q4 24
$-1.04
$0.06
Q3 24
$-0.36
$0.05
Q2 24
$0.56
$-0.01

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CVEO
CVEO
GDYN
GDYN
Cash + ST InvestmentsLiquidity on hand
$14.4M
$327.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$174.4M
$530.1M
Total Assets
$477.4M
$605.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CVEO
CVEO
GDYN
GDYN
Q1 26
$327.5M
Q4 25
$14.4M
$342.1M
Q3 25
$12.0M
$338.6M
Q2 25
$14.6M
$336.8M
Q1 25
$28.4M
$325.5M
Q4 24
$5.2M
$334.7M
Q3 24
$17.9M
$231.3M
Q2 24
$7.4M
$256.0M
Total Debt
CVEO
CVEO
GDYN
GDYN
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$43.3M
Q3 24
Q2 24
Stockholders' Equity
CVEO
CVEO
GDYN
GDYN
Q1 26
$530.1M
Q4 25
$174.4M
$542.1M
Q3 25
$182.5M
$537.7M
Q2 25
$209.4M
$532.2M
Q1 25
$220.7M
$517.4M
Q4 24
$236.4M
$517.8M
Q3 24
$282.2M
$400.2M
Q2 24
$297.4M
$388.4M
Total Assets
CVEO
CVEO
GDYN
GDYN
Q1 26
$605.0M
Q4 25
$477.4M
$612.9M
Q3 25
$491.1M
$613.2M
Q2 25
$508.8M
$608.9M
Q1 25
$423.8M
$590.9M
Q4 24
$405.1M
$592.2M
Q3 24
$477.6M
$477.3M
Q2 24
$483.2M
$443.6M
Debt / Equity
CVEO
CVEO
GDYN
GDYN
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
0.18×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CVEO
CVEO
GDYN
GDYN
Operating Cash FlowLast quarter
$19.3M
Free Cash FlowOCF − Capex
$14.5M
FCF MarginFCF / Revenue
8.9%
Capex IntensityCapex / Revenue
3.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$2.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CVEO
CVEO
GDYN
GDYN
Q1 26
Q4 25
$19.3M
$9.9M
Q3 25
$13.8M
$7.0M
Q2 25
$-2.3M
$14.4M
Q1 25
$-8.4M
$9.4M
Q4 24
$9.5M
$7.1M
Q3 24
$35.7M
$9.2M
Q2 24
$32.4M
$10.7M
Free Cash Flow
CVEO
CVEO
GDYN
GDYN
Q1 26
Q4 25
$14.5M
$6.1M
Q3 25
$8.2M
$2.9M
Q2 25
$-6.8M
$10.2M
Q1 25
$-13.7M
$6.0M
Q4 24
$1.8M
$4.4M
Q3 24
$28.2M
$5.9M
Q2 24
$27.0M
$8.0M
FCF Margin
CVEO
CVEO
GDYN
GDYN
Q1 26
Q4 25
8.9%
5.7%
Q3 25
4.8%
2.8%
Q2 25
-4.2%
10.1%
Q1 25
-9.5%
6.0%
Q4 24
1.2%
4.4%
Q3 24
16.0%
6.8%
Q2 24
14.3%
9.7%
Capex Intensity
CVEO
CVEO
GDYN
GDYN
Q1 26
Q4 25
3.0%
3.6%
Q3 25
3.3%
3.9%
Q2 25
2.8%
4.1%
Q1 25
3.7%
3.3%
Q4 24
5.1%
2.6%
Q3 24
4.2%
3.7%
Q2 24
2.8%
3.2%
Cash Conversion
CVEO
CVEO
GDYN
GDYN
Q1 26
Q4 25
32.34×
Q3 25
5.92×
Q2 25
2.73×
Q1 25
3.21×
Q4 24
1.56×
Q3 24
2.15×
Q2 24
3.93×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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