Covenant Logistics (CVLG) Net Income (2010 - 2026)
Covenant Logistics (CVLG) recorded Net Income of $8.54 million in Q2 2026, down 13.3% from $9.84 million a year earlier but up 93.1% from the prior quarter.
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Analysis
Covenant Logistics (CVLG) Net Income (2010 - 2026) Analysis & Trends
On a TTM basis, Covenant Logistics' Net Income came in at $3.79 million as of Jun 30, 2026, down 89.5% year-over-year; for FY2025, it was $7.24 million, down 79.8% from FY2024.
- Annual Net Income has declined for three straight years.
- Across earlier years, Net Income came in at $35.92 million in FY2024 (-35.0%), $55.23 million in FY2023 (-49.2%), $108.68 million in FY2022 (+79.0%) and $60.73 million in FY2021.
- Quarterly Net Income has ranged from -$18.26 million in Q4 2025 to $50.49 million in Q3 2022 over the past five years.
- On a year-over-year basis, Net Income rose in 1 of the last seven quarters, with an average decline of 11.6%.
- Peak year-over-year performance for Net Income in the last five years was growth of 207.1% in Q3 2022, against a decline of 76.1% in Q1 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $4.42 million (Q1 2026), -$18.26 million (Q4 2025) and $9.09 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 167.50 Bn | 162.03 Bn | - | 1.99 Bn |
| 2 | Csx | 88.57 Bn | 84.77 Bn | - | 1.00 Bn |
| 3 | United Parcel Service | 80.55 Bn | 57.44 Bn | - | 604.00 Mn |
| 4 | Canadian Pacific Kansas City | 75.98 Bn | 75.00 Bn | - | 740.28 Mn |
| 5 | Norfolk Southern | 72.12 Bn | 66.76 Bn | - | 734.00 Mn |
| 6 | Fedex | 68.77 Bn | 34.71 Bn | - | 1.60 Bn |
| 7 | Delta Air Lines | 52.14 Bn | 34.32 Bn | - | 756.00 Mn |
| 8 | Old Dominion Freight Line | 38.02 Bn | 37.28 Bn | - | 350.60 Mn |
| 9 | United Airlines Holdings | 33.53 Bn | -22.84 Bn | - | 805.00 Mn |
| 10 | Covenant Logistics | 790.49 Mn | 769.00 Mn | - | 8.54 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.54 Mn |
| Mar 31, 2026 | 4.42 Mn |
| Dec 31, 2025 | -18.26 Mn |
| Sep 30, 2025 | 9.09 Mn |
| Jun 30, 2025 | 9.84 Mn |
| Mar 31, 2025 | 6.56 Mn |
| Dec 31, 2024 | 6.72 Mn |
| Sep 30, 2024 | 13.03 Mn |
| Jun 30, 2024 | 12.19 Mn |
| Mar 31, 2024 | 3.97 Mn |
| Dec 31, 2023 | 12.80 Mn |
| Sep 30, 2023 | 13.51 Mn |
| Jun 30, 2023 | 12.29 Mn |
| Mar 31, 2023 | 16.64 Mn |
| Dec 31, 2022 | 11.50 Mn |
| Sep 30, 2022 | 50.49 Mn |
| Jun 30, 2022 | 24.53 Mn |
| Mar 31, 2022 | 22.17 Mn |
| Dec 31, 2021 | 17.73 Mn |
| Sep 30, 2021 | 16.44 Mn |
API Access
Covenant Logistics Net Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-income&ticker=CVLG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-income", "ticker": "CVLG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-income&ticker=CVLG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();