COVENANT LOGISTICS GROUP, INC.CVLGEarnings & Financial Report
Covenant Logistics Group, Inc. is an American company focused on truckload shipping. The company is headquartered in Chattanooga, Tennessee, and is publicly traded on the New York Stock Exchange. The company provides temperature controlled trucking, regional delivery, and longhaul team driver delivery.
CVLG Q1 FY2026 Key Financial Metrics
Revenue
$307.2M
Gross Profit
N/A
Operating Profit
$6.3M
Net Profit
$4.4M
Gross Margin
N/A
Operating Margin
2.0%
Net Margin
1.4%
YoY Growth
14.0%
EPS
$0.17
COVENANT LOGISTICS GROUP, INC. Q1 FY2026 Financial Summary
COVENANT LOGISTICS GROUP, INC. reported revenue of $307.2M (up 14.0% YoY) for Q1 FY2026, with a net profit of $4.4M (down 32.7% YoY) (1.4% margin).
Key Financial Metrics
| Total Revenue | $307.2M |
|---|---|
| Net Profit | $4.4M |
| Gross Margin | N/A |
| Operating Margin | 2.0% |
| Report Period | Q1 FY2026 |
Revenue Breakdown
COVENANT LOGISTICS GROUP, INC. Q1 FY2026 revenue of $307.2M breaks down across 2 segments, led by Freight revenue at $281.9M (91.8% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Freight revenue | $281.9M | 91.8% |
| Other | $25.2M | 8.2% |
COVENANT LOGISTICS GROUP, INC. Annual Revenue by Year
COVENANT LOGISTICS GROUP, INC. annual revenue history includes year-by-year totals (for example, 2025 revenue was $1.2B).
COVENANT LOGISTICS GROUP, INC. Quarterly Revenue & Net Profit History
COVENANT LOGISTICS GROUP, INC. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $307.2M | +14.0% | $4.4M | 1.4% |
| Q4 FY2025 | $295.4M | +6.5% | N/A | N/A |
| Q3 FY2025 | $296.9M | +3.1% | $9.1M | 3.1% |
| Q2 FY2025 | $302.9M | +5.3% | $9.8M | 3.2% |
| Q1 FY2025 | $269.4M | -3.4% | $6.6M | 2.4% |
| Q4 FY2024 | $277.3M | +1.2% | N/A | N/A |
| Q3 FY2024 | $287.9M | -0.3% | $13.0M | 4.5% |
| Q2 FY2024 | $287.5M | +4.9% | $12.2M | 4.2% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $287.5M | $287.9M | $277.3M | $269.4M | $302.9M | $296.9M | $295.4M | $307.2M |
| YoY Growth | 4.9% | -0.3% | 1.2% | -3.4% | 5.3% | 3.1% | 6.5% | 14.0% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $995.0M | $1.01B | $997.6M | $980.0M | $1.01B | $1.03B | $1.05B | $1.02B |
| Liabilities | $575.6M | $578.1M | $559.2M | $536.3M | $592.2M | $601.5M | $641.6M | $609.2M |
| Equity | $419.4M | $431.6M | $438.3M | $443.6M | $416.9M | $423.7M | $404.0M | $407.6M |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $22.4M | $56.9M | $21.9M | $24.8M | $21.9M | $41.4M | $25.5M |