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Side-by-side financial comparison of Civeo Corp (CVEO) and Limbach Holdings, Inc. (LMB). Click either name above to swap in a different company.
Civeo Corp is the larger business by last-quarter revenue ($161.6M vs $138.9M, roughly 1.2× Limbach Holdings, Inc.). Limbach Holdings, Inc. runs the higher net margin — 3.2% vs -4.0%, a 7.2% gap on every dollar of revenue. On growth, Civeo Corp posted the faster year-over-year revenue change (7.1% vs 4.3%). Over the past eight quarters, Limbach Holdings, Inc.'s revenue compounded faster (6.6% 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.
Limbach Flugmotoren is a Chinese-owned company based in Germany that produces aircraft engines.
CVEO vs LMB — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $161.6M | $138.9M |
| Net Profit | $-6.5M | $4.4M |
| Gross Margin | 22.7% | 22.4% |
| Operating Margin | -0.1% | 0.8% |
| Net Margin | -4.0% | 3.2% |
| Revenue YoY | 7.1% | 4.3% |
| Net Profit YoY | 58.1% | — |
| EPS (diluted) | $-0.58 | $0.36 |
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.
| Q1 26 | — | $138.9M | ||
| Q4 25 | $161.6M | $186.9M | ||
| Q3 25 | $170.5M | $184.6M | ||
| Q2 25 | $162.7M | $142.2M | ||
| Q1 25 | $144.0M | $133.1M | ||
| Q4 24 | $151.0M | $143.7M | ||
| Q3 24 | $176.3M | $133.9M | ||
| Q2 24 | $188.7M | $122.2M |
| Q1 26 | — | $4.4M | ||
| Q4 25 | $-6.5M | $12.3M | ||
| Q3 25 | $-455.0K | $8.8M | ||
| Q2 25 | $-3.3M | $7.8M | ||
| Q1 25 | $-9.8M | $10.2M | ||
| Q4 24 | $-15.4M | $9.8M | ||
| Q3 24 | $-5.1M | $7.5M | ||
| Q2 24 | $8.2M | $6.0M |
| Q1 26 | — | 22.4% | ||
| Q4 25 | 22.7% | 25.7% | ||
| Q3 25 | 25.7% | 24.2% | ||
| Q2 25 | 25.3% | 28.0% | ||
| Q1 25 | 20.4% | 27.6% | ||
| Q4 24 | 18.6% | 30.3% | ||
| Q3 24 | 21.4% | 27.0% | ||
| Q2 24 | 25.4% | 27.4% |
| Q1 26 | — | 0.8% | ||
| Q4 25 | -0.1% | 9.4% | ||
| Q3 25 | 4.1% | 7.2% | ||
| Q2 25 | 1.7% | 7.5% | ||
| Q1 25 | -3.8% | 5.9% | ||
| Q4 24 | -6.7% | 9.1% | ||
| Q3 24 | 0.0% | 8.1% | ||
| Q2 24 | 6.9% | 6.7% |
| Q1 26 | — | 3.2% | ||
| Q4 25 | -4.0% | 6.6% | ||
| Q3 25 | -0.3% | 4.8% | ||
| Q2 25 | -2.0% | 5.5% | ||
| Q1 25 | -6.8% | 7.7% | ||
| Q4 24 | -10.2% | 6.9% | ||
| Q3 24 | -2.9% | 5.6% | ||
| Q2 24 | 4.4% | 4.9% |
| Q1 26 | — | $0.36 | ||
| Q4 25 | $-0.58 | $1.01 | ||
| Q3 25 | $-0.04 | $0.73 | ||
| Q2 25 | $-0.25 | $0.64 | ||
| Q1 25 | $-0.72 | $0.85 | ||
| Q4 24 | $-1.04 | $0.81 | ||
| Q3 24 | $-0.36 | $0.62 | ||
| Q2 24 | $0.56 | $0.50 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $14.4M | $15.8M |
| Total DebtLower is stronger | — | $56.6M |
| Stockholders' EquityBook value | $174.4M | $196.3M |
| Total Assets | $477.4M | $377.0M |
| Debt / EquityLower = less leverage | — | 0.29× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $15.8M | ||
| Q4 25 | $14.4M | $11.3M | ||
| Q3 25 | $12.0M | $9.8M | ||
| Q2 25 | $14.6M | $38.9M | ||
| Q1 25 | $28.4M | $38.1M | ||
| Q4 24 | $5.2M | $44.9M | ||
| Q3 24 | $17.9M | $51.2M | ||
| Q2 24 | $7.4M | $59.5M |
| Q1 26 | — | $56.6M | ||
| Q4 25 | — | $30.5M | ||
| Q3 25 | — | $56.3M | ||
| Q2 25 | — | $28.4M | ||
| Q1 25 | — | $23.7M | ||
| Q4 24 | $43.3M | $23.6M | ||
| Q3 24 | — | $20.5M | ||
| Q2 24 | — | $19.7M |
| Q1 26 | — | $196.3M | ||
| Q4 25 | $174.4M | $195.7M | ||
| Q3 25 | $182.5M | $181.6M | ||
| Q2 25 | $209.4M | $170.5M | ||
| Q1 25 | $220.7M | $161.1M | ||
| Q4 24 | $236.4M | $153.5M | ||
| Q3 24 | $282.2M | $142.2M | ||
| Q2 24 | $297.4M | $133.0M |
| Q1 26 | — | $377.0M | ||
| Q4 25 | $477.4M | $381.1M | ||
| Q3 25 | $491.1M | $409.1M | ||
| Q2 25 | $508.8M | $343.0M | ||
| Q1 25 | $423.8M | $336.4M | ||
| Q4 24 | $405.1M | $352.1M | ||
| Q3 24 | $477.6M | $324.4M | ||
| Q2 24 | $483.2M | $303.9M |
| Q1 26 | — | 0.29× | ||
| Q4 25 | — | 0.16× | ||
| Q3 25 | — | 0.31× | ||
| Q2 25 | — | 0.17× | ||
| Q1 25 | — | 0.15× | ||
| Q4 24 | 0.18× | 0.15× | ||
| Q3 24 | — | 0.14× | ||
| Q2 24 | — | 0.15× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| 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.
| Q1 26 | — | — | ||
| Q4 25 | $19.3M | $28.1M | ||
| Q3 25 | $13.8M | $13.3M | ||
| Q2 25 | $-2.3M | $2.0M | ||
| Q1 25 | $-8.4M | $2.2M | ||
| Q4 24 | $9.5M | $19.3M | ||
| Q3 24 | $35.7M | $4.9M | ||
| Q2 24 | $32.4M | $16.5M |
| Q1 26 | — | — | ||
| Q4 25 | $14.5M | $27.9M | ||
| Q3 25 | $8.2M | $12.8M | ||
| Q2 25 | $-6.8M | $1.2M | ||
| Q1 25 | $-13.7M | $11.0K | ||
| Q4 24 | $1.8M | $18.0M | ||
| Q3 24 | $28.2M | $4.6M | ||
| Q2 24 | $27.0M | $13.2M |
| Q1 26 | — | — | ||
| Q4 25 | 8.9% | 14.9% | ||
| Q3 25 | 4.8% | 7.0% | ||
| Q2 25 | -4.2% | 0.8% | ||
| Q1 25 | -9.5% | 0.0% | ||
| Q4 24 | 1.2% | 12.5% | ||
| Q3 24 | 16.0% | 3.4% | ||
| Q2 24 | 14.3% | 10.8% |
| Q1 26 | — | — | ||
| Q4 25 | 3.0% | 0.1% | ||
| Q3 25 | 3.3% | 0.3% | ||
| Q2 25 | 2.8% | 0.6% | ||
| Q1 25 | 3.7% | 1.7% | ||
| Q4 24 | 5.1% | 0.9% | ||
| Q3 24 | 4.2% | 0.3% | ||
| Q2 24 | 2.8% | 2.7% |
| Q1 26 | — | — | ||
| Q4 25 | — | 2.29× | ||
| Q3 25 | — | 1.52× | ||
| Q2 25 | — | 0.26× | ||
| Q1 25 | — | 0.22× | ||
| Q4 24 | — | 1.96× | ||
| Q3 24 | — | 0.66× | ||
| Q2 24 | 3.93× | 2.77× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CVEO
Segment breakdown not available.
LMB
| ODR | $99.8M | 72% |
| GCR | $39.0M | 28% |
