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Covenant Logistics (CVLG) Operating Expenses (2016 - 2025)

Covenant Logistics (CVLG) has disclosed Operating Expenses for 16 consecutive years, with $289.0 million as the latest value for Q3 2025.

  • Quarterly Operating Expenses rose 6.37% to $289.0 million in Q3 2025 from the year-ago period, while the trailing twelve-month figure was $842.0 million through Dec 2025, down 22.52% year-over-year, with the annual reading at $1.2 billion for FY2025, 6.88% up from the prior year.
  • Operating Expenses for Q3 2025 was $289.0 million at Covenant Logistics, down from $291.3 million in the prior quarter.
  • The five-year high for Operating Expenses was $291.3 million in Q2 2025, with the low at $60.9 million in Q3 2022.
  • Average Operating Expenses over 5 years is $255.6 million, with a median of $268.7 million recorded in 2024.
  • The sharpest move saw Operating Expenses plummeted 76.08% in 2022, then surged 349.52% in 2023.
  • Over 5 years, Operating Expenses stood at $276.0 million in 2021, then grew by 3.32% to $285.2 million in 2022, then decreased by 8.92% to $259.7 million in 2023, then increased by 3.47% to $268.7 million in 2024, then increased by 7.53% to $289.0 million in 2025.
  • According to Business Quant data, Operating Expenses over the past three periods came in at $289.0 million, $291.3 million, and $261.7 million for Q3 2025, Q2 2025, and Q1 2025 respectively.