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

Covenant Logistics has disclosed Operating Expenses across 17 years of filings, most recently posting $300.9 million for Q1 2026.

• In Q1 2026, Operating Expenses rose 14.96% year-over-year to $300.9 million; the TTM figure through Mar 2026 stood at $881.1 million (up 9.42% YoY), while the FY2025 annual figure was $1.2 billion, up 6.88% from the prior year.
• Operating Expenses rose to $300.9 million in Q1 2026, from $289.0 million in the prior quarter.
• Over the last five years, Operating Expenses for CVLG reached as high as $300.9 million in Q1 2026 and fell as low as $60.9 million in Q3 2022.
• The 5-year median for Operating Expenses is $271.9 million (2024), against an average of $260.7 million.
• Annual changes were most pronounced in 2022 — Operating Expenses slumped 76.08% — and 2023, when it jumped 349.52%.
• A 5-year view of Operating Expenses shows it stood at $285.2 million in 2022, then slipped by 8.92% to $259.7 million in 2023, then advanced by 4.59% to $271.6 million in 2024, then climbed by 6.37% to $289.0 million in 2025, then increased by 4.12% to $300.9 million in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $300.9 million, $289.0 million, and $291.3 million for Q1 2026, Q3 2025, and Q2 2025 respectively.