Covenant Logistics (CVLG) Operating Expenses (2010 - 2026)

Covenant Logistics (CVLG) has reported Operating Expenses for 17 consecutive years, with $324.0 million the latest figure, recorded in Q2 2026.

• On a quarterly basis, Operating Expenses rose 11.24% year-over-year to $324.0 million in Q2 2026; TTM through Jun 2026 was $1.2 billion, a 35.67% decrease from a year earlier, with the FY2025 full-year figure at $1.2 billion, up 6.88% from the prior year.
• Operating Expenses was $324.0 million for Q2 2026 at Covenant Logistics, up from $300.9 million in the prior quarter.
• Over five years, Operating Expenses peaked at $818.0 million in Q3 2024 and troughed at $249.2 million in Q1 2023.
• A 5-year average of $327.4 million and a median of $285.2 million in 2022 frame the typical range for Operating Expenses.
• Across the five-year window, Operating Expenses soared 199.0% in 2024 and tumbled 64.67% in 2025, its largest moves.
• Over 5 years, Operating Expenses stood at $285.2 million in 2022, then decreased by 8.92% to $259.7 million in 2023, then surged by 214.96% to $818.0 million in 2024, then tumbled by 60.93% to $319.6 million in 2025, then increased by 1.4% to $324.0 million in 2026.
• The last three Operating Expenses figures came in at $324.0 million (Q2 2026), $300.9 million (Q1 2026), and $319.6 million (Q4 2025), per Business Quant data.