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Side-by-side financial comparison of Civeo Corp (CVEO) and IOVANCE BIOTHERAPEUTICS, INC. (IOVA). Click either name above to swap in a different company.

Civeo Corp is the larger business by last-quarter revenue ($161.6M vs $86.8M, roughly 1.9× IOVANCE BIOTHERAPEUTICS, INC.). On growth, IOVANCE BIOTHERAPEUTICS, INC. posted the faster year-over-year revenue change (17.7% vs 7.1%). Civeo Corp produced more free cash flow last quarter ($14.5M vs $-61.9M). Over the past eight quarters, IOVANCE BIOTHERAPEUTICS, INC.'s revenue compounded faster (1001.6% 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.

Iovance Biotherapeutics, Inc. is a biopharmaceutical startup based in San Carlos, California. The company works to develop tumor-infiltrating lymphocyte (TIL) therapies against cancer.

CVEO vs IOVA — Head-to-Head

Bigger by revenue
CVEO
CVEO
1.9× larger
CVEO
$161.6M
$86.8M
IOVA
Growing faster (revenue YoY)
IOVA
IOVA
+10.7% gap
IOVA
17.7%
7.1%
CVEO
More free cash flow
CVEO
CVEO
$76.3M more FCF
CVEO
$14.5M
$-61.9M
IOVA
Faster 2-yr revenue CAGR
IOVA
IOVA
Annualised
IOVA
1001.6%
-1.4%
CVEO

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CVEO
CVEO
IOVA
IOVA
Revenue
$161.6M
$86.8M
Net Profit
$-6.5M
Gross Margin
22.7%
67.4%
Operating Margin
-0.1%
-84.7%
Net Margin
-4.0%
Revenue YoY
7.1%
17.7%
Net Profit YoY
58.1%
EPS (diluted)
$-0.58

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
IOVA
IOVA
Q4 25
$161.6M
$86.8M
Q3 25
$170.5M
$67.5M
Q2 25
$162.7M
$60.0M
Q1 25
$144.0M
$49.3M
Q4 24
$151.0M
$73.7M
Q3 24
$176.3M
$58.6M
Q2 24
$188.7M
$31.1M
Q1 24
$166.1M
$715.0K
Net Profit
CVEO
CVEO
IOVA
IOVA
Q4 25
$-6.5M
Q3 25
$-455.0K
$-91.3M
Q2 25
$-3.3M
$-111.7M
Q1 25
$-9.8M
$-116.2M
Q4 24
$-15.4M
Q3 24
$-5.1M
$-83.5M
Q2 24
$8.2M
$-97.1M
Q1 24
$-5.1M
$-113.0M
Gross Margin
CVEO
CVEO
IOVA
IOVA
Q4 25
22.7%
67.4%
Q3 25
25.7%
43.0%
Q2 25
25.3%
5.5%
Q1 25
20.4%
-0.8%
Q4 24
18.6%
68.7%
Q3 24
21.4%
46.2%
Q2 24
25.4%
-0.8%
Q1 24
21.5%
Operating Margin
CVEO
CVEO
IOVA
IOVA
Q4 25
-0.1%
-84.7%
Q3 25
4.1%
-140.7%
Q2 25
1.7%
-189.8%
Q1 25
-3.8%
-245.8%
Q4 24
-6.7%
-117.5%
Q3 24
0.0%
-152.1%
Q2 24
6.9%
-327.6%
Q1 24
-1.1%
-16464.6%
Net Margin
CVEO
CVEO
IOVA
IOVA
Q4 25
-4.0%
Q3 25
-0.3%
-135.3%
Q2 25
-2.0%
-186.2%
Q1 25
-6.8%
-235.5%
Q4 24
-10.2%
Q3 24
-2.9%
-142.7%
Q2 24
4.4%
-312.2%
Q1 24
-3.1%
-15800.8%
EPS (diluted)
CVEO
CVEO
IOVA
IOVA
Q4 25
$-0.58
Q3 25
$-0.04
Q2 25
$-0.25
$-0.33
Q1 25
$-0.72
$-0.36
Q4 24
$-1.04
$-0.24
Q3 24
$-0.36
$-0.28
Q2 24
$0.56
$-0.34
Q1 24
$-0.35
$-0.42

Balance Sheet & Financial Strength

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

Metric
CVEO
CVEO
IOVA
IOVA
Cash + ST InvestmentsLiquidity on hand
$14.4M
$297.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$174.4M
$698.6M
Total Assets
$477.4M
$913.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CVEO
CVEO
IOVA
IOVA
Q4 25
$14.4M
$297.0M
Q3 25
$12.0M
$300.8M
Q2 25
$14.6M
$301.2M
Q1 25
$28.4M
$359.7M
Q4 24
$5.2M
$323.8M
Q3 24
$17.9M
$397.5M
Q2 24
$7.4M
$412.5M
Q1 24
$16.8M
$356.2M
Total Debt
CVEO
CVEO
IOVA
IOVA
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$43.3M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
CVEO
CVEO
IOVA
IOVA
Q4 25
$174.4M
$698.6M
Q3 25
$182.5M
$702.3M
Q2 25
$209.4M
$698.5M
Q1 25
$220.7M
$767.9M
Q4 24
$236.4M
$710.4M
Q3 24
$282.2M
$773.5M
Q2 24
$297.4M
$768.5M
Q1 24
$297.4M
$680.0M
Total Assets
CVEO
CVEO
IOVA
IOVA
Q4 25
$477.4M
$913.2M
Q3 25
$491.1M
$904.9M
Q2 25
$508.8M
$907.4M
Q1 25
$423.8M
$966.7M
Q4 24
$405.1M
$910.4M
Q3 24
$477.6M
$991.1M
Q2 24
$483.2M
$964.3M
Q1 24
$513.1M
$869.8M
Debt / Equity
CVEO
CVEO
IOVA
IOVA
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
0.18×
Q3 24
Q2 24
Q1 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
IOVA
IOVA
Operating Cash FlowLast quarter
$19.3M
$-52.6M
Free Cash FlowOCF − Capex
$14.5M
$-61.9M
FCF MarginFCF / Revenue
8.9%
-71.3%
Capex IntensityCapex / Revenue
3.0%
10.7%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$2.1M
$-336.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CVEO
CVEO
IOVA
IOVA
Q4 25
$19.3M
$-52.6M
Q3 25
$13.8M
$-78.7M
Q2 25
$-2.3M
$-67.4M
Q1 25
$-8.4M
$-103.7M
Q4 24
$9.5M
$-73.3M
Q3 24
$35.7M
$-59.0M
Q2 24
$32.4M
$-98.4M
Q1 24
$6.0M
$-122.3M
Free Cash Flow
CVEO
CVEO
IOVA
IOVA
Q4 25
$14.5M
$-61.9M
Q3 25
$8.2M
$-89.5M
Q2 25
$-6.8M
$-74.9M
Q1 25
$-13.7M
$-109.9M
Q4 24
$1.8M
$-77.5M
Q3 24
$28.2M
$-61.3M
Q2 24
$27.0M
$-98.9M
Q1 24
$372.0K
$-126.5M
FCF Margin
CVEO
CVEO
IOVA
IOVA
Q4 25
8.9%
-71.3%
Q3 25
4.8%
-132.7%
Q2 25
-4.2%
-124.9%
Q1 25
-9.5%
-222.8%
Q4 24
1.2%
-105.1%
Q3 24
16.0%
-104.6%
Q2 24
14.3%
-317.9%
Q1 24
0.2%
-17685.3%
Capex Intensity
CVEO
CVEO
IOVA
IOVA
Q4 25
3.0%
10.7%
Q3 25
3.3%
16.1%
Q2 25
2.8%
12.4%
Q1 25
3.7%
12.6%
Q4 24
5.1%
5.7%
Q3 24
4.2%
3.9%
Q2 24
2.8%
1.4%
Q1 24
3.4%
583.4%
Cash Conversion
CVEO
CVEO
IOVA
IOVA
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
3.93×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

CVEO
CVEO

Segment breakdown not available.

IOVA
IOVA

Amtagvi$64.9M75%
Proleukin$21.9M25%

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