Covenant Logistics (CVLG) Revenue (2010 - 2026)
Covenant Logistics (CVLG) posted quarterly Revenue of $307.2 million for Q1 2026, up 14.04% year-over-year from $269.4 million in Q1 2025, and down 64.66% quarter-over-quarter from $869.1 million in Q3 2025.
Covenant Logistics (CVLG) Revenue (2010 - 2026) Analysis & Trends
Covenant Logistics (CVLG) has reported Revenue for 17 consecutive years, with $307.2 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Revenue rose 14.04% year-over-year to $307.2 million; the TTM figure through Mar 2026 stood at $2.0 billion (up 2.5% YoY), while the FY2025 annual figure was $1.2 billion, up 2.92% from the prior year.
- Revenue slipped to $307.2 million in Q1 2026 per CVLG's latest filing, from $869.1 million in the prior quarter.
- Across five years, Revenue topped out at $869.1 million in Q3 2025 and bottomed at $149.3 million in Q3 2022.
- Historically, Revenue has averaged $391.7 million across 5 years, with a median of $291.6 million in 2022.
- Annual changes were most pronounced in 2022 — Revenue sank 45.61% — and 2024, when it surged 195.84%.
- Covenant Logistics' Revenue stood at $296.1 million in 2022, then declined by 7.46% to $274.0 million in 2023, then jumped by 211.75% to $854.1 million in 2024, then advanced by 1.75% to $869.1 million in 2025, then sank by 64.66% to $307.2 million in 2026.
- Business Quant data shows CVLG's Revenue at $307.2 million in Q1 2026, $869.1 million in Q3 2025, and $572.2 million in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Old Dominion Freight Line | 42.49 Bn | 42.21 Bn | 1.52 Bn | 1.55 Bn |
| 2 | Xpo | 23.08 Bn | 22.78 Bn | 1.89 Bn | 2.36 Bn |
| 3 | TFI International | 11.47 Bn | 11.26 Bn | - | 2.29 Bn |
| 4 | Knight-Swift Transportation Holdings | 11.33 Bn | 11.14 Bn | 1.77 Bn | 2.10 Bn |
| 5 | Saia | 9.61 Bn | 9.53 Bn | - | 956.49 Mn |
| 6 | Schneider National | 6.15 Bn | 5.63 Bn | 1.00 Bn | 1.57 Bn |
| 7 | Rxo | 3.68 Bn | 3.66 Bn | 302.00 Mn | 1.77 Bn |
| 8 | Arcbest | 3.03 Bn | 2.86 Bn | 1.14 Bn | 1.18 Bn |
| 9 | Werner Enterprises | 2.28 Bn | 2.23 Bn | - | 933.93 Mn |
| 10 | Covenant Logistics | 870.93 Mn | 868.31 Mn | 320.47 Mn | 332.87 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 332.87 Mn |
| Mar 31, 2026 | 307.16 Mn |
| Sep 30, 2025 | 869.10 Mn |
| Jun 30, 2025 | 572.21 Mn |
| Mar 31, 2025 | 269.36 Mn |
| Sep 30, 2024 | 854.15 Mn |
| Jun 30, 2024 | 566.26 Mn |
| Mar 31, 2024 | 278.76 Mn |
| Dec 31, 2023 | 273.99 Mn |
| Sep 30, 2023 | 288.72 Mn |
| Jun 30, 2023 | 274.02 Mn |
| Mar 31, 2023 | 266.85 Mn |
| Dec 31, 2022 | 296.06 Mn |
| Sep 30, 2022 | 149.35 Mn |
| Jun 30, 2022 | 317.38 Mn |
| Mar 31, 2022 | 291.59 Mn |
| Dec 31, 2021 | 294.23 Mn |
| Sep 30, 2021 | 274.56 Mn |
| Jun 30, 2021 | 256.32 Mn |
| Mar 31, 2021 | 220.89 Mn |