Covenant Logistics (CVLG) Consolidated Net Income (2010 - 2026)
Covenant Logistics (CVLG) recorded Consolidated Net Income of $8.54 million in Q2 2026, down 13.3% from $9.84 million a year earlier but up 93.1% from the prior quarter.
Covenant Logistics (CVLG) Consolidated Net Income (2010 - 2026) Analysis & Trends
On a TTM basis, Covenant Logistics' Consolidated Net Income came in at $3.79 million as of Jun 30, 2026, down 89.5% year-over-year; for FY2025, it came in at $7.24 million, down 79.8% from FY2024.
- Annual Consolidated Net Income has declined for three straight years.
- Across earlier years, Consolidated Net Income came in at $35.92 million in FY2024 (-35.0%), $55.23 million in FY2023 (-49.2%), $108.68 million in FY2022 (+79.0%) and $60.73 million in FY2021.
- Quarterly Consolidated Net Income has ranged from -$18.26 million in Q4 2025 to $50.49 million in Q3 2022 over the past five years.
- On a year-over-year basis, Consolidated Net Income rose in 1 of the last seven quarters, with an average decline of 11.6%.
- Peak year-over-year performance for Consolidated Net Income in the last five years was growth of 207.1% in Q3 2022, against a decline of 76.1% in Q1 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $4.42 million (Q1 2026), -$18.26 million (Q4 2025) and $9.09 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Consol Net Inc. (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 168.13 Bn | 162.66 Bn | - | 1.99 Bn |
| 2 | Csx | 88.79 Bn | 85.00 Bn | - | 1.00 Bn |
| 3 | United Parcel Service | 80.69 Bn | 57.59 Bn | - | 604.00 Mn |
| 4 | Canadian Pacific Kansas City | 76.03 Bn | 75.05 Bn | - | 740.28 Mn |
| 5 | Norfolk Southern | 72.23 Bn | 66.88 Bn | - | 734.00 Mn |
| 6 | Fedex | 68.94 Bn | 34.89 Bn | - | 1.60 Bn |
| 7 | Delta Air Lines | 52.07 Bn | 34.25 Bn | - | 756.00 Mn |
| 8 | Old Dominion Freight Line | 38.07 Bn | 37.34 Bn | - | 350.60 Mn |
| 9 | United Airlines Holdings | 33.47 Bn | -22.90 Bn | - | 805.00 Mn |
| 10 | Covenant Logistics | 791.75 Mn | 770.26 Mn | - | 8.54 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.54 Mn |
| Mar 31, 2026 | 4.42 Mn |
| Dec 31, 2025 | -18.26 Mn |
| Sep 30, 2025 | 9.09 Mn |
| Jun 30, 2025 | 9.84 Mn |
| Mar 31, 2025 | 6.56 Mn |
| Dec 31, 2024 | 6.72 Mn |
| Sep 30, 2024 | 13.03 Mn |
| Jun 30, 2024 | 12.19 Mn |
| Mar 31, 2024 | 3.97 Mn |
| Dec 31, 2023 | 12.80 Mn |
| Sep 30, 2023 | 13.51 Mn |
| Jun 30, 2023 | 12.29 Mn |
| Mar 31, 2023 | 16.64 Mn |
| Dec 31, 2022 | 11.50 Mn |
| Sep 30, 2022 | 50.49 Mn |
| Jun 30, 2022 | 24.53 Mn |
| Mar 31, 2022 | 22.17 Mn |
| Dec 31, 2021 | 17.73 Mn |
| Sep 30, 2021 | 16.44 Mn |
Covenant Logistics Consolidated Net Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=consolidated-net-income&ticker=CVLG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "consolidated-net-income", "ticker": "CVLG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=consolidated-net-income&ticker=CVLG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();