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
DateValue
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