Growth Metrics

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

Covenant Logistics (CVLG) reported Cost of Revenue of $14.2 million for Q1 2026, up 4.44% year-over-year from $13.6 million in Q1 2025, and down 51.88% on a QoQ basis from $29.5 million in Q3 2025.

Covenant Logistics (CVLG) has 17 years of Cost of Revenue data on file, last reported at $14.2 million in Q1 2026.

  • Quarterly Cost of Revenue rose 4.44% year-over-year to $14.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $85.3 million (down 7.36% YoY) and the FY2025 annual result came in at $112.3 million, up 70.0% from the prior year.
  • Cost of Revenue eased to $14.2 million in Q1 2026 per CVLG's latest filing, from $29.5 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $138.0 million in Q4 2022 and bottomed at $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.
  • The widest annual swing landed in 2022, when Cost of Revenue soared 1691.9%; it then tumbled 91.83% in 2023.
  • Tracing CVLG's Cost of Revenue over 5 years: stood at $138.0 million in 2022, then plunged by 91.83% to $11.3 million in 2023, then soared by 153.17% to $28.5 million in 2024, then advanced by 3.37% to $29.5 million in 2025, then sank by 51.88% to $14.2 million in 2026.
  • Per Business Quant, the three latest CVLG Cost of Revenue figures stand at $14.2 million (Q1 2026), $29.5 million (Q3 2025), and $28.0 million (Q2 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Old Dominion Freight Line 47.65 Bn 47.37 Bn 1.33 Bn 4.85 Mn
2 Xpo 25.84 Bn 25.61 Bn 1.67 Bn 423.00 Mn
3 Saia 12.92 Bn 12.88 Bn - -
4 Knight-Swift Transportation Holdings 12.67 Bn 12.61 Bn 1.57 Bn 278.63 Mn
5 Schneider National 6.38 Bn 6.12 Bn 1.27 Bn 124.10 Mn
6 Rxo 4.55 Bn 4.53 Bn 254.00 Mn 1.17 Bn
7 Arcbest 3.15 Bn 3.06 Bn 951.93 Mn 46.86 Mn
8 Werner Enterprises 2.55 Bn 2.51 Bn 726.17 Mn 82.45 Mn
9 Marten Transport 1.43 Bn 1.38 Bn 203.18 Mn 6.93 Mn
10 Covenant Logistics 1.02 Bn 1.01 Bn 292.96 Mn 14.20 Mn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 14.20 Mn
Mar 31, 2026 14.20 Mn
Sep 30, 2025 29.51 Mn
Sep 30, 2025 29.51 Mn
Jun 30, 2025 27.99 Mn
Jun 30, 2025 27.99 Mn
Mar 31, 2025 13.60 Mn
Mar 31, 2025 13.60 Mn
Sep 30, 2024 28.55 Mn
Sep 30, 2024 28.55 Mn
Jun 30, 2024 29.09 Mn
Jun 30, 2024 29.09 Mn
Mar 31, 2024 20.83 Mn
Mar 31, 2024 20.83 Mn
Dec 31, 2023 11.28 Mn
Dec 31, 2023 11.28 Mn
Sep 30, 2023 35.17 Mn
Sep 30, 2023 35.17 Mn
Jun 30, 2023 12.78 Mn
Jun 30, 2023 12.78 Mn
Mar 31, 2023 34.09 Mn
Mar 31, 2023 34.09 Mn
Dec 31, 2022 137.99 Mn
Dec 31, 2022 137.99 Mn
Sep 30, 2022 42.47 Mn
Sep 30, 2022 42.47 Mn
Jun 30, 2022 48.48 Mn
Jun 30, 2022 48.48 Mn
Mar 31, 2022 35.50 Mn
Mar 31, 2022 35.50 Mn
Dec 31, 2021 7.70 Mn
Dec 31, 2021 7.70 Mn
Sep 30, 2021 6.04 Mn
Sep 30, 2021 6.04 Mn
Jun 30, 2021 7.75 Mn
Jun 30, 2021 7.75 Mn
Mar 31, 2021 8.18 Mn
Mar 31, 2021 8.18 Mn
Dec 31, 2020 6.58 Mn
Dec 31, 2020 6.58 Mn
Sep 30, 2020 18.06 Mn
Sep 30, 2020 18.06 Mn
Jun 30, 2020 11.54 Mn
Jun 30, 2020 11.54 Mn
Mar 31, 2020 25.27 Mn
Mar 31, 2020 25.27 Mn
Dec 31, 2019 29.45 Mn
Dec 31, 2019 29.45 Mn
Sep 30, 2019 28.81 Mn
Sep 30, 2019 28.81 Mn
Jun 30, 2019 29.22 Mn
Jun 30, 2019 29.22 Mn
Mar 31, 2019 27.83 Mn
Mar 31, 2019 27.83 Mn
Dec 31, 2018 31.45 Mn
Dec 31, 2018 31.45 Mn
Sep 30, 2018 6.39 Mn
Sep 30, 2018 6.39 Mn
Jun 30, 2018 6.42 Mn
Jun 30, 2018 6.42 Mn
Mar 31, 2018 4.14 Mn
Mar 31, 2018 4.14 Mn
Dec 31, 2017 92.22 Mn
Dec 31, 2017 92.22 Mn
Sep 30, 2017 3.73 Mn
Sep 30, 2017 3.73 Mn
Jun 30, 2017 24.91 Mn
Jun 30, 2017 24.91 Mn
Mar 31, 2017 3.73 Mn
Mar 31, 2017 3.73 Mn
Dec 31, 2016 92.92 Mn
Dec 31, 2016 92.92 Mn
Sep 30, 2016 3.41 Mn
Sep 30, 2016 3.41 Mn
Jun 30, 2016 11.71 Mn
Jun 30, 2016 11.71 Mn
Mar 31, 2016 11.16 Mn
Mar 31, 2016 11.16 Mn
Dec 31, 2015 112.17 Mn
Dec 31, 2015 112.17 Mn
Sep 30, 2015 2.06 Mn
Sep 30, 2015 2.06 Mn
Jun 30, 2015 12.14 Mn
Jun 30, 2015 12.14 Mn
Mar 31, 2015 3.68 Mn
Mar 31, 2015 3.68 Mn
Dec 31, 2014 40.98 Mn
Dec 31, 2014 40.98 Mn
Sep 30, 2014 11.93 Mn
Sep 30, 2014 11.93 Mn
Jun 30, 2014 4.53 Mn
Jun 30, 2014 4.53 Mn
Mar 31, 2014 12.03 Mn
Mar 31, 2014 12.03 Mn
Dec 31, 2013 148.54 Mn
Dec 31, 2013 148.54 Mn
Sep 30, 2013 46.54 Mn
Sep 30, 2013 46.54 Mn
Jun 30, 2013 12.52 Mn
Jun 30, 2013 12.52 Mn
Mar 31, 2013 48.64 Mn
Mar 31, 2013 48.64 Mn
Dec 31, 2012 11.76 Mn
Dec 31, 2012 11.76 Mn
Sep 30, 2012 12.15 Mn
Sep 30, 2012 12.15 Mn
Jun 30, 2012 48.22 Mn
Jun 30, 2012 48.22 Mn
Mar 31, 2012 48.36 Mn
Mar 31, 2012 48.36 Mn
Dec 31, 2011 -115.44 Mn
Dec 31, 2011 -115.44 Mn
Sep 30, 2011 52.32 Mn
Sep 30, 2011 52.32 Mn
Jun 30, 2011 56.30 Mn
Jun 30, 2011 56.30 Mn
Dec 31, 2010 164.66 Mn
Dec 31, 2010 164.66 Mn
Sep 30, 2010 3.94 Mn
Sep 30, 2010 3.94 Mn
Jun 30, 2010 10.31 Mn
Jun 30, 2010 10.31 Mn