Covenant Logistics (CVLG) Gross Profit (2010 - 2026)
Covenant Logistics (CVLG) posted quarterly Gross Profit of $293.0 million for Q1 2026, up 14.55% YoY from $255.8 million in Q1 2025, and up 9.57% sequentially from $267.4 million in Q3 2025.
Covenant Logistics (CVLG) Gross Profit (2010 - 2026) Analysis & Trends
Covenant Logistics has disclosed Gross Profit across 17 years of filings, most recently posting $293.0 million for Q1 2026.
- In Q1 2026, Gross Profit rose 14.55% year-over-year to $293.0 million; the TTM figure through Mar 2026 stood at $1.1 billion (up 5.77% YoY), while the FY2025 annual figure was $1.1 billion, down 1.24% from the prior year.
- Gross Profit rose to $293.0 million in Q1 2026, from $267.4 million in the prior quarter.
- Over the last five years, Gross Profit for CVLG reached as high as $293.0 million in Q1 2026 and fell as low as $106.9 million in Q3 2022.
- The 5-year median for Gross Profit is $258.4 million (2024), against an average of $244.5 million.
- Annual changes were most pronounced in 2022 — Gross Profit slumped 60.2% — and 2023, when it jumped 137.24%.
- A 5-year view of Gross Profit shows it stood at $158.1 million in 2022, then surged by 66.21% to $262.7 million in 2023, then declined by 1.28% to $259.3 million in 2024, then advanced by 3.1% to $267.4 million in 2025, then grew by 9.57% to $293.0 million in 2026.
- According to Business Quant data, Gross Profit over the past three periods registered $293.0 million, $267.4 million, and $274.9 million for Q1 2026, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | TFI International | 160.26 Bn | 160.08 Bn | 963.70 Mn |
| 2 | Old Dominion Freight Line | 45.40 Bn | 45.11 Bn | 1.33 Bn |
| 3 | Xpo | 24.25 Bn | 24.01 Bn | 1.67 Bn |
| 4 | Knight-Swift Transportation Holdings | 12.57 Bn | 12.51 Bn | 1.57 Bn |
| 5 | Saia | 11.19 Bn | 11.15 Bn | - |
| 6 | Schneider National | 6.37 Bn | 6.11 Bn | 1.27 Bn |
| 7 | Rxo | 4.69 Bn | 4.67 Bn | 254.00 Mn |
| 8 | Arcbest | 3.12 Bn | 3.04 Bn | 951.93 Mn |
| 9 | Werner Enterprises | 2.63 Bn | 2.59 Bn | 726.17 Mn |
| 10 | Covenant Logistics | 1.12 Bn | 1.11 Bn | 292.96 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 292.96 Mn |
| Mar 31, 2026 | 292.96 Mn |
| Sep 30, 2025 | 267.38 Mn |
| Sep 30, 2025 | 267.38 Mn |
| Jun 30, 2025 | 274.87 Mn |
| Jun 30, 2025 | 274.87 Mn |
| Mar 31, 2025 | 255.76 Mn |
| Mar 31, 2025 | 255.76 Mn |
| Sep 30, 2024 | 259.34 Mn |
| Sep 30, 2024 | 259.34 Mn |
| Jun 30, 2024 | 258.40 Mn |
| Jun 30, 2024 | 258.40 Mn |
| Mar 31, 2024 | 257.93 Mn |
| Mar 31, 2024 | 257.93 Mn |
| Dec 31, 2023 | 262.71 Mn |
| Dec 31, 2023 | 262.71 Mn |
| Sep 30, 2023 | 253.55 Mn |
| Sep 30, 2023 | 253.55 Mn |
| Jun 30, 2023 | 261.24 Mn |
| Jun 30, 2023 | 261.24 Mn |