Covenant Logistics (CVLG) Deferred Taxes (2010 - 2026)

Covenant Logistics (CVLG) has reported Deferred Taxes for 17 consecutive years, with $1.2 million the latest figure, recorded in Q1 2026.

• In Q1 2026, Deferred Taxes rose 144.53% year-over-year to $1.2 million; the TTM figure through Mar 2026 stood at $848000.0 (down 77.84% YoY), while the FY2025 annual figure was $2.8 million, down 37.99% from the prior year.
• Deferred Taxes declined to $1.2 million in Q1 2026 per CVLG's latest filing, from $5.3 million in the prior quarter.
• Across five years, Deferred Taxes topped out at $14.6 million in Q4 2023 and bottomed at -$5.3 million in Q1 2024.
• Historically, Deferred Taxes has averaged $2.7 million across 5 years, with a median of $2.3 million in 2023.
• Annual changes were most pronounced in 2023 — Deferred Taxes soared 808.43% — and 2024, when it slumped 343.8%.
• Covenant Logistics' Deferred Taxes stood at $9.7 million in 2022, then soared by 49.9% to $14.6 million in 2023, then tumbled by 62.77% to $5.4 million in 2024, then retreated by 3.19% to $5.3 million in 2025, then tumbled by 77.52% to $1.2 million in 2026.
• Business Quant data shows CVLG's Deferred Taxes at $1.2 million in Q1 2026, $5.3 million in Q3 2025, and -$2.9 million in Q2 2025.