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| Date | Value |
|---|---|
| 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 |