Covenant Logistics (CVLG) Cost of Revenue (2010 - 2026)

Covenant Logistics (CVLG) has reported Cost of Revenue for 17 consecutive years, with $14.2 million the latest figure, recorded in Q1 2026.

• In Q1 2026, Cost of Revenue rose 4.44% year-over-year to $14.2 million; the TTM figure through Mar 2026 stood at $100.2 million (down 14.37% YoY), while the FY2025 annual figure was $59.2 million, down 10.4% from the prior year.
• Cost of Revenue fell to $14.2 million in Q1 2026 per CVLG's latest filing, from $44.1 million in the prior quarter.
• Across five years, Cost of Revenue topped out at $47.2 million in Q3 2024 and bottomed at $8.3 million in Q2 2022.
• Historically, Cost of Revenue has averaged $19.4 million across 5 years, with a median of $13.6 million in 2025.
• Annual changes were most pronounced in 2024 — Cost of Revenue jumped 301.26% — and 2025, when it plunged 34.73%.
• Covenant Logistics' Cost of Revenue stood at $9.3 million in 2022, then climbed by 20.64% to $11.3 million in 2023, then surged by 319.02% to $47.2 million in 2024, then slipped by 6.6% to $44.1 million in 2025, then plunged by 67.82% to $14.2 million in 2026.
• Business Quant data shows CVLG's Cost of Revenue at $14.2 million in Q1 2026, $44.1 million in Q3 2025, and $28.3 million in Q2 2025.