Coveo Solutions, Inc.

Coveo Solutions, Inc.

4.94
CAD
+0.05
(+1.02%)
-0.46EPS
409.45MMarket Cap
Oct 29Next Earn
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
0.44
0.55
0.64
1.7
1.07
1.22
1.35
1.56
1.58
Basic EPS, GAAP
-1.32
-0.61
-5.93
8.23
-0.38
-0.23
-0.14
-0.3
-0.32
Free Cash Flow per Basic Share
-0.03
-0.19
0.02
-0.74
-0.08
0.03
0.1
0.1
0.31
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
-3.43
-9.89
2.46
2.07
1.74
1.32
1
0.92
Tangible Book Value per Share
- -
-3.44
-9.91
2.01
1.69
1.4
1.02
0.69
0.62
Basic Weighted Avg Shares
101
101
101
51
105
103
98
95
95
Sales/Revenue/Turnover
44
55
65
86
112
126
133
148
150
Operating Margin (%)
-17.2
-26.4
-28.35
-66.2
-39.66
-23.55
-17.28
-18.5
-18.51
Depreciation Expense
2
3
4
8
9
11
10
6
6
Net Income, GAAP
-134
-62
-600
418
-40
-24
-14
-29
-30
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-301.31
-111.42
-925.15
483.62
-35.47
-18.72
-10.32
-19.47
-20.26
Working Capital
- -
106
103
190
160
126
79
45
39
LT Debt
- -
11
13
11
9
7
5
13
13
Total Equity
- -
-346
-999
255
219
179
127
92
85
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
-16.77
-11.89
-9.01
-26.39
-28.6

Capital Structure

USD

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
2
2
2
LT Borrowings
- -
- -
- -
LT Finance Leases
14
13
13
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
95
92
93
Market Capitalization
457
281
289

Working Capital

USD

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
154
153
140
Cash, Cash Equivalents & STI
101
102
107
Accounts Receivable, Net
34
34
15
Inventories
- -
- -
- -
Total Current Liabilities
105
108
100
Payables & Accruals
16
5
13
ST Debt
2
2
2
Deferred Revenue
74
86
72

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-42.95%
-27.52%
Free Cash Flow
- -
-365.04%
0.26%
Net Income, GAAP
- -
-50.31%
109.98%
Sales/Revenue/Turnover
- -
18.49%
11.31%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
32
33
34
34
133
2026
36
- -
38
37
148
2027
39
- -
- -
- -
- -

Quarterly Earnings Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
-0.06
-0.05
0.04
-0.07
-0.14
2026
-0.16
- -
-0.08
-0.02
-0.3
2027
-0.06
- -
- -
- -
- -

Quarterly Dividends Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Company Description

CEO
Laurent Simoneau
Full Time Employees
748
Sector
Technology services
Industry
Packaged software
Address
1100 avenue des Canadiens-de-Montréal Montréal QC Canada H3B 2S2
IPO Date
Nov 18, 2021
Website
coveo.com
Business
Coveo Solutions Inc. provides a software-as-a-service artificial intelligence platform that powers search, recommendations, and generative answering in digital experiences across commerce, service, website, and workplace applications. The company offers the Coveo AI-Relevance Platform, featuring Coveo Relevance Generative Answering that integrates large language models with a secure unified index and real-time content; capabilities for passage retrieval, precise answer generation powered by models like Amazon Nova, ranked search results, and full document fetching; and AI search, product discovery, personalization, and merchandising tools tailored for e-commerce and customer service. It serves industries including high tech, healthcare, manufacturing, financial services, retail, and telecommunications, with enterprise customers worldwide. Founded in 2005 as a spin-off from Copernic Technologies Inc. and headquartered in Quebec City, Canada, with key offices in Montreal, San Francisco, and London, Coveo operates primarily in Canada, the United States, Europe, and internationally. The company went public on the Toronto Stock Exchange under ticker CVO in 2021. Recent developments include expanded partnerships, such as becoming a Shopify Premier Technology Partner in March 2025 to deliver AI search and product discovery for enterprise merchants; achieving SAP endorsed app status in November 2024 for AI Search and Recommendation integrated with SAP Service Cloud and Commerce Cloud; partnering with Optimizely in August 2024 to combine AI search and generative capabilities with content management; joining the AWS ISV Accelerate program; and launching Retrieval Augmented Generation-as-a-Service for AWS agentic AI services in November 2025 via a hosted MCP Server to enhance enterprise AI precision and compliance.

Company News

  • Metcash and Coveo Expand Strategic Partnership to Power Next Generation AI-Enabled Experiences for B2B Retail Customers

  • Coveo Reports Fourth Quarter and Fiscal 2026 Financial Results

  • Coveo Redefines Ecommerce Discovery with Search-Native Conversational AI

  • Coveo Reports Third Quarter Fiscal 2026 Financial Results

  • Government of Canada Partners with Coveo to Modernize Public Service with AI