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Covenant Logistics (CVLG) Cost of Revenue (2016 - 2025)

Covenant Logistics (CVLG) has disclosed Cost of Revenue for 16 consecutive years, with $29.5 million as the latest value for Q3 2025.

  • Quarterly Cost of Revenue rose 147.18% to $29.5 million in Q3 2025 from the year-ago period, while the trailing twelve-month figure was $98.5 million through Sep 2025, up 68.29% year-over-year, with the annual reading at $59.2 million for FY2025, 48.97% down from the prior year.
  • Cost of Revenue for Q3 2025 was $29.5 million at Covenant Logistics, up from $28.0 million in the prior quarter.
  • The five-year high for Cost of Revenue was $81.7 million in Q4 2021, with the low at -$88.7 million in Q4 2022.
  • Average Cost of Revenue over 5 years is $18.9 million, with a median of $20.8 million recorded in 2024.
  • The sharpest move saw Cost of Revenue surged 1142.11% in 2021, then tumbled 208.6% in 2022.
  • Over 5 years, Cost of Revenue stood at $81.7 million in 2021, then crashed by 208.6% to -$88.7 million in 2022, then surged by 112.71% to $11.3 million in 2023, then surged by 142.94% to $27.4 million in 2024, then rose by 7.72% to $29.5 million in 2025.
  • According to Business Quant data, Cost of Revenue over the past three periods came in at $29.5 million, $28.0 million, and $13.6 million for Q3 2025, Q2 2025, and Q1 2025 respectively.