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| Date | Value |
|---|---|
| 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 |