CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
Current assets:
Cash and cash equivalents	$ 14,439	$ 5,204
Accounts receivable, net	90,470	89,038
Inventories	6,218	7,537
Prepaid expenses	17,209	7,464
Other current assets	2,877	1,210
Total current assets	131,213	110,453
Property, plant and equipment, net	244,517	204,897
Goodwill	7,541	7,001
Other intangible assets, net	70,410	66,502
Operating lease right-of-use assets	14,485	9,401
Other noncurrent assets	9,245	6,818
Total assets	477,411	405,072
Current liabilities:
Accounts payable	44,282	39,971
Accrued liabilities	30,837	34,933
Income taxes	153	10,853
Deferred revenue	2,903	2,501
Other current liabilities	6,761	4,388
Total current liabilities	84,936	92,646
Long-term debt, less current maturities	182,842	43,299
Deferred income taxes	3,318	3,558
Operating lease liabilities	11,142	6,655
Other noncurrent liabilities	20,789	21,916
Total liabilities	303,027	168,074
Commitments and contingencies (Note 14)
Shareholders’ equity:
Common shares (no par value; 46,000,000 shares authorized, 11,872,028 shares and 14,067,721 shares issued, respectively, and 11,434,033 shares and 13,653,647 shares outstanding, respectively)	0	0
Additional paid-in capital	1,634,883	1,631,823
Accumulated deficit	(1,058,911)	(980,720)
Common shares held in treasury at cost, 437,995 and 414,074 shares, respectively	(10,775)	(10,130)
Accumulated other comprehensive loss	(390,813)	(404,600)
Total Civeo Corporation shareholders’ equity	174,384	236,373
Noncontrolling interest	0	625
Total shareholders’ equity	174,384	236,998
Total liabilities and shareholders’ equity	$ 477,411	$ 405,072