Covenant Logistics CVLG
NYSE CVLG
$35.20 +0.47 (+1.35%)
At close: Aug 21, 2026 · 4:00 PM EDT

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
DateValue
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