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Side-by-side financial comparison of COVENANT LOGISTICS GROUP, INC. (CVLG) and Figma, Inc. (FIG). Click either name above to swap in a different company.

COVENANT LOGISTICS GROUP, INC. is the larger business by last-quarter revenue ($307.2M vs $274.2M, roughly 1.1× Figma, Inc.). COVENANT LOGISTICS GROUP, INC. runs the higher net margin — 1.4% vs -400.1%, a 401.6% gap on every dollar of revenue. On growth, Figma, Inc. posted the faster year-over-year revenue change (38.0% vs 14.0%).

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.

Figma is a collaborative web application for interface design, with additional offline features enabled by desktop applications for macOS and Windows. The feature set of Figma focuses on user interface and user experience design, with an emphasis on real-time collaboration, utilizing a variety of vector graphics editor and prototyping tools. The Figma mobile app for Android and iOS allows viewing and interacting with Figma prototypes in real-time on mobile and tablet devices.

CVLG vs FIG — Head-to-Head

Bigger by revenue
CVLG
CVLG
1.1× larger
CVLG
$307.2M
$274.2M
FIG
Growing faster (revenue YoY)
FIG
FIG
+24.0% gap
FIG
38.0%
14.0%
CVLG
Higher net margin
CVLG
CVLG
401.6% more per $
CVLG
1.4%
-400.1%
FIG

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
CVLG
CVLG
FIG
FIG
Revenue
$307.2M
$274.2M
Net Profit
$4.4M
$-1.1B
Gross Margin
69.4%
Operating Margin
2.0%
-414.6%
Net Margin
1.4%
-400.1%
Revenue YoY
14.0%
38.0%
Net Profit YoY
-32.7%
-6933.0%
EPS (diluted)
$0.17
$-2.72

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CVLG
CVLG
FIG
FIG
Q1 26
$307.2M
Q4 25
$295.4M
Q3 25
$296.9M
$274.2M
Q2 25
$302.9M
$249.6M
Q1 25
$269.4M
Q4 24
$277.3M
Q3 24
$287.9M
$198.6M
Q2 24
$287.5M
$177.2M
Net Profit
CVLG
CVLG
FIG
FIG
Q1 26
$4.4M
Q4 25
Q3 25
$9.1M
$-1.1B
Q2 25
$9.8M
$28.2M
Q1 25
$6.6M
Q4 24
Q3 24
$13.0M
$-15.6M
Q2 24
$12.2M
$-827.9M
Gross Margin
CVLG
CVLG
FIG
FIG
Q1 26
Q4 25
Q3 25
69.4%
Q2 25
88.8%
Q1 25
Q4 24
Q3 24
90.6%
Q2 24
77.7%
Operating Margin
CVLG
CVLG
FIG
FIG
Q1 26
2.0%
Q4 25
-8.2%
Q3 25
2.7%
-414.6%
Q2 25
3.8%
0.8%
Q1 25
2.8%
Q4 24
3.1%
Q3 24
5.6%
-23.8%
Q2 24
5.4%
-504.7%
Net Margin
CVLG
CVLG
FIG
FIG
Q1 26
1.4%
Q4 25
Q3 25
3.1%
-400.1%
Q2 25
3.2%
11.3%
Q1 25
2.4%
Q4 24
Q3 24
4.5%
-7.9%
Q2 24
4.2%
-467.2%
EPS (diluted)
CVLG
CVLG
FIG
FIG
Q1 26
$0.17
Q4 25
$-0.68
Q3 25
$0.35
$-2.72
Q2 25
$0.36
$0.00
Q1 25
$0.24
Q4 24
$0.25
Q3 24
$0.47
$-0.07
Q2 24
$0.44
$-4.39

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CVLG
CVLG
FIG
FIG
Cash + ST InvestmentsLiquidity on hand
$1.6B
Total DebtLower is stronger
Stockholders' EquityBook value
$407.6M
$1.4B
Total Assets
$1.0B
$2.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CVLG
CVLG
FIG
FIG
Q1 26
Q4 25
$4.9M
Q3 25
$2.7M
$1.6B
Q2 25
$143.0K
$1.6B
Q1 25
$11.2M
Q4 24
$35.6M
Q3 24
$35.2M
$416.1M
Q2 24
$1.3M
$586.1M
Total Debt
CVLG
CVLG
FIG
FIG
Q1 26
Q4 25
$261.7M
Q3 25
$233.3M
Q2 25
$245.8M
Q1 25
$216.3M
Q4 24
$221.6M
Q3 24
$231.4M
Q2 24
$235.0M
Stockholders' Equity
CVLG
CVLG
FIG
FIG
Q1 26
$407.6M
Q4 25
$404.0M
Q3 25
$423.7M
$1.4B
Q2 25
$416.9M
$1.4B
Q1 25
$443.6M
Q4 24
$438.3M
Q3 24
$431.6M
$1.2B
Q2 24
$419.4M
$862.4M
Total Assets
CVLG
CVLG
FIG
FIG
Q1 26
$1.0B
Q4 25
$1.0B
Q3 25
$1.0B
$2.1B
Q2 25
$1.0B
$2.0B
Q1 25
$980.0M
Q4 24
$997.6M
Q3 24
$1.0B
Q2 24
$995.0M
Debt / Equity
CVLG
CVLG
FIG
FIG
Q1 26
Q4 25
0.65×
Q3 25
0.55×
Q2 25
0.59×
Q1 25
0.49×
Q4 24
0.51×
Q3 24
0.54×
Q2 24
0.56×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CVLG
CVLG
FIG
FIG
Operating Cash FlowLast quarter
$51.2M
Free Cash FlowOCF − Capex
$49.5M
FCF MarginFCF / Revenue
18.0%
Capex IntensityCapex / Revenue
0.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CVLG
CVLG
FIG
FIG
Q1 26
Q4 25
$25.5M
Q3 25
$41.4M
$51.2M
Q2 25
$21.9M
Q1 25
$24.8M
Q4 24
$21.9M
Q3 24
$56.9M
Q2 24
$22.4M
Free Cash Flow
CVLG
CVLG
FIG
FIG
Q1 26
Q4 25
$-3.0M
Q3 25
$-7.8M
$49.5M
Q2 25
$-14.5M
Q1 25
$-8.6M
Q4 24
$464.0K
Q3 24
$24.3M
Q2 24
$-28.1M
FCF Margin
CVLG
CVLG
FIG
FIG
Q1 26
Q4 25
-1.0%
Q3 25
-2.6%
18.0%
Q2 25
-4.8%
Q1 25
-3.2%
Q4 24
0.2%
Q3 24
8.4%
Q2 24
-9.8%
Capex Intensity
CVLG
CVLG
FIG
FIG
Q1 26
Q4 25
9.7%
Q3 25
16.6%
0.6%
Q2 25
12.0%
Q1 25
12.4%
Q4 24
7.7%
Q3 24
11.3%
Q2 24
17.6%
Cash Conversion
CVLG
CVLG
FIG
FIG
Q1 26
Q4 25
Q3 25
4.55×
Q2 25
2.23×
Q1 25
3.78×
Q4 24
Q3 24
4.36×
Q2 24
1.84×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CVLG
CVLG

Freight revenue$281.9M92%
Other$25.2M8%

FIG
FIG

Non Us$147.4M54%
US$126.8M46%

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