Covenant Logistics CVLG
NYSE CVLG
$35.20 +0.47 (+1.35%)
At close: Aug 21, 2026 · 4:00 PM EDT

Covenant Logistics (CVLG) Change in Accured Expenses (2010 - 2026)

Covenant Logistics (CVLG) posted quarterly Change in Accured Expenses of -$1.1 million for Q1 2026, up 91.06% year-over-year from -$566307.5 in Q1 2025, and down 117.36% quarter-over-quarter from $6.2 million in Q3 2025.

Covenant Logistics (CVLG) Change in Accured Expenses (2010 - 2026) Analysis & Trends

Covenant Logistics (CVLG) has reported Change in Accured Expenses for 17 consecutive years, with -$1.1 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Change in Accured Expenses rose 91.06% year-over-year to -$1.1 million; the TTM figure through Mar 2026 stood at -$5.7 million (up 82.97% YoY), while the FY2025 annual figure was $9.3 million, up 311.19% from the prior year.
  • Change in Accured Expenses fell to -$1.1 million in Q1 2026 per CVLG's latest filing, from $6.2 million in the prior quarter.
  • Across five years, Change in Accured Expenses topped out at $7.0 million in Q3 2023 and bottomed at -$13.3 million in Q1 2023.
  • Historically, Change in Accured Expenses has averaged -$2.8 million across 5 years, with a median of -$4.4 million in 2024.
  • Annual changes were most pronounced in 2022 — Change in Accured Expenses sank 856.32% — and 2025, when it jumped 242.91%.
  • Covenant Logistics' Change in Accured Expenses stood at -$7.1 million in 2022, then slipped by 13.03% to -$8.0 million in 2023, then soared by 45.38% to -$4.4 million in 2024, then surged by 242.91% to $6.2 million in 2025, then slumped by 117.36% to -$1.1 million in 2026.
  • Business Quant data shows CVLG's Change in Accured Expenses at -$1.1 million in Q1 2026, $6.2 million in Q3 2025, and $1.3 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Accured Expenses (Qtr)
1 Old Dominion Freight Line 42.90 Bn 42.61 Bn 1.52 Bn -
2 Xpo 23.22 Bn 22.92 Bn 1.89 Bn 30.00 Mn
3 TFI International 11.64 Bn 11.44 Bn - -123,000.00
4 Knight-Swift Transportation Holdings 11.60 Bn 11.42 Bn 1.77 Bn -36.22 Mn
5 Saia 9.69 Bn 9.61 Bn - -
6 Schneider National 6.27 Bn 5.74 Bn 1.00 Bn 27.30 Mn
7 Rxo 3.79 Bn 3.78 Bn 302.00 Mn 35.00 Mn
8 Arcbest 3.14 Bn 2.97 Bn 1.14 Bn 26.09 Mn
9 Werner Enterprises 2.33 Bn 2.27 Bn - 13.65 Mn
10 Covenant Logistics 885.80 Mn 883.19 Mn 320.47 Mn -16.39 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 -16.39 Mn
Jun 30, 2026 -16.39 Mn
Mar 31, 2026 -1.08 Mn
Mar 31, 2026 -1.08 Mn
Sep 30, 2025 6.23 Mn
Sep 30, 2025 6.23 Mn
Jun 30, 2025 1.27 Mn
Jun 30, 2025 1.27 Mn
Mar 31, 2025 -12.11 Mn
Mar 31, 2025 -12.11 Mn
Sep 30, 2024 -4.36 Mn
Sep 30, 2024 -4.36 Mn
Jun 30, 2024 -8.38 Mn
Jun 30, 2024 -8.38 Mn
Mar 31, 2024 -8.55 Mn
Mar 31, 2024 -8.55 Mn
Dec 31, 2023 -7.98 Mn
Dec 31, 2023 -7.98 Mn
Sep 30, 2023 6.99 Mn
Sep 30, 2023 6.99 Mn