Covenant Logistics (CVLG) Gross Profit (2010 - 2026)
Covenant Logistics (CVLG) posted quarterly Gross Profit of $293.0 million for Q1 2026, up 14.55% year-over-year from $255.8 million in Q1 2025, and down 64.49% quarter-over-quarter from $825.0 million in Q3 2025.
Covenant Logistics (CVLG) Gross Profit (2010 - 2026) Analysis & Trends
Covenant Logistics (CVLG) has reported Gross Profit for 17 consecutive years, with $293.0 million the latest figure, recorded in 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 $1.9 billion (up 3.57% YoY), while the FY2025 annual figure was $1.1 billion, up 3.74% from the prior year.
- Gross Profit eased to $293.0 million in Q1 2026 per CVLG's latest filing, from $825.0 million in the prior quarter.
- Across five years, Gross Profit topped out at $825.0 million in Q3 2025 and bottomed at $138.1 million in Q3 2022.
- Historically, Gross Profit has averaged $372.3 million across 5 years, with a median of $282.7 million in 2022.
- Annual changes were most pronounced in 2022 — Gross Profit sank 48.55% — and 2024, when it soared 191.36%.
- Covenant Logistics' Gross Profit stood at $286.7 million in 2022, then dropped by 8.37% to $262.7 million in 2023, then jumped by 207.15% to $806.9 million in 2024, then gained by 2.24% to $825.0 million in 2025, then slumped by 64.49% to $293.0 million in 2026.
- Business Quant data shows CVLG's Gross Profit at $293.0 million in Q1 2026, $825.0 million in Q3 2025, and $544.0 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Old Dominion Freight Line | 42.90 Bn | 42.61 Bn | 1.52 Bn |
| 2 | Xpo | 23.22 Bn | 22.92 Bn | 1.89 Bn |
| 3 | TFI International | 11.64 Bn | 11.44 Bn | - |
| 4 | Knight-Swift Transportation Holdings | 11.60 Bn | 11.42 Bn | 1.77 Bn |
| 5 | Saia | 9.69 Bn | 9.61 Bn | - |
| 6 | Schneider National | 6.27 Bn | 5.74 Bn | 1.00 Bn |
| 7 | Rxo | 3.79 Bn | 3.78 Bn | 302.00 Mn |
| 8 | Arcbest | 3.14 Bn | 2.97 Bn | 1.14 Bn |
| 9 | Werner Enterprises | 2.33 Bn | 2.27 Bn | - |
| 10 | Covenant Logistics | 885.80 Mn | 883.19 Mn | 320.47 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 320.47 Mn |
| Jun 30, 2026 | 320.47 Mn |
| Mar 31, 2026 | 292.96 Mn |
| Mar 31, 2026 | 292.96 Mn |
| Sep 30, 2025 | 824.97 Mn |
| Sep 30, 2025 | 824.97 Mn |
| Jun 30, 2025 | 543.96 Mn |
| Jun 30, 2025 | 543.96 Mn |
| Mar 31, 2025 | 255.76 Mn |
| Mar 31, 2025 | 255.76 Mn |
| Sep 30, 2024 | 806.90 Mn |
| Sep 30, 2024 | 806.90 Mn |
| Jun 30, 2024 | 530.95 Mn |
| Jun 30, 2024 | 530.95 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 | 276.95 Mn |
| Sep 30, 2023 | 276.95 Mn |