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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 $26.6 million as the latest value for Q4 2025.

  • On a quarterly basis, Cost of Revenue rose 218.16% to $26.6 million in Q4 2025 year-over-year; TTM through Dec 2025 was $112.3 million, a 70.0% increase, with the full-year FY2025 number at $112.3 million, up 70.0% from a year prior.
  • Cost of Revenue was $26.6 million for Q4 2025 at Covenant Logistics, down from $42.8 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $109.2 million in Q3 2022 to a low of -$22.5 million in Q4 2024.
  • A 5-year average of $34.5 million and a median of $28.8 million in 2024 define the central range for Cost of Revenue.
  • Peak YoY movement for Cost of Revenue: surged 1709.54% in 2022, then plummeted 123.69% in 2024.
  • Covenant Logistics' Cost of Revenue stood at $81.7 million in 2021, then tumbled by 51.08% to $40.0 million in 2022, then soared by 138.08% to $95.1 million in 2023, then tumbled by 123.69% to -$22.5 million in 2024, then surged by 218.16% to $26.6 million in 2025.
  • Per Business Quant, the three most recent readings for CVLG's Cost of Revenue are $26.6 million (Q4 2025), $42.8 million (Q3 2025), and $14.7 million (Q2 2025).