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

Covenant Logistics (CVLG) has 17 years of Operating Expenses data on file, last reported at $300.9 million in Q1 2026.

• Quarterly Operating Expenses rose 14.96% year-over-year to $300.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $881.1 million (up 9.42% YoY) and the FY2025 annual result came in at $1.2 billion, up 6.88% from the prior year.
• Operating Expenses improved to $300.9 million in Q1 2026 per CVLG's latest filing, from $289.0 million in the prior quarter.
• Across five years, Operating Expenses topped out at $300.9 million in Q1 2026 and bottomed at $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.
• The widest annual swing landed in 2022, when Operating Expenses slumped 76.08%; it then surged 349.52% in 2023.
• Tracing CVLG's Operating Expenses over 5 years: stood at $285.2 million in 2022, then retreated by 8.92% to $259.7 million in 2023, then rose by 4.59% to $271.6 million in 2024, then gained by 6.37% to $289.0 million in 2025, then climbed by 4.12% to $300.9 million in 2026.
• Per Business Quant, the three latest CVLG Operating Expenses figures stand at $300.9 million (Q1 2026), $289.0 million (Q3 2025), and $291.3 million (Q2 2025).

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