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

Covenant Logistics has disclosed Cost of Revenue across 17 years of filings, most recently posting $14.2 million for 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 $85.3 million (down 7.36% YoY), while the FY2025 annual figure was $112.3 million, up 70.0% from the prior year.
• Cost of Revenue declined to $14.2 million in Q1 2026, from $29.5 million in the prior quarter.
• Over the last five years, Cost of Revenue for CVLG reached as high as $138.0 million in Q4 2022 and fell as low as $11.3 million in Q4 2023.
• The 5-year median for Cost of Revenue is $29.1 million (2024), against an average of $34.8 million.
• Annual changes were most pronounced in 2022 — Cost of Revenue surged 1691.9% — and 2023, when it tumbled 91.83%.
• A 5-year view of Cost of Revenue shows it stood at $138.0 million in 2022, then plunged by 91.83% to $11.3 million in 2023, then surged by 153.17% to $28.5 million in 2024, then grew by 3.37% to $29.5 million in 2025, then sank by 51.88% to $14.2 million in 2026.
• According to Business Quant data, Cost of Revenue over the past three periods registered $14.2 million, $29.5 million, and $28.0 million for Q1 2026, Q3 2025, and Q2 2025 respectively.