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

Marqeta, Inc. is the larger business by last-quarter revenue ($165.8B vs $307.2M, roughly 539.8× COVENANT LOGISTICS GROUP, INC.). COVENANT LOGISTICS GROUP, INC. runs the higher net margin — 1.4% vs 0.0%, a 1.4% gap on every dollar of revenue. On growth, Marqeta, Inc. posted the faster year-over-year revenue change (19.0% vs 14.0%). Over the past eight quarters, Marqeta, Inc.'s revenue compounded faster (3538.0% CAGR vs 3.4%).

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.

Marqeta, Inc. operates a cloud-native open API platform for modern card issuing and digital payment processing. Its solutions empower fintech startups, large retailers, and enterprise clients to launch customized physical and virtual payment cards, as well as embedded finance products across global consumer and commercial markets.

CVLG vs MQ — Head-to-Head

Bigger by revenue
MQ
MQ
539.8× larger
MQ
$165.8B
$307.2M
CVLG
Growing faster (revenue YoY)
MQ
MQ
+5.0% gap
MQ
19.0%
14.0%
CVLG
Higher net margin
CVLG
CVLG
1.4% more per $
CVLG
1.4%
0.0%
MQ
Faster 2-yr revenue CAGR
MQ
MQ
Annualised
MQ
3538.0%
3.4%
CVLG

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
CVLG
CVLG
MQ
MQ
Revenue
$307.2M
$165.8B
Net Profit
$4.4M
$7.8M
Gross Margin
0.1%
Operating Margin
2.0%
99.9%
Net Margin
1.4%
0.0%
Revenue YoY
14.0%
19.0%
Net Profit YoY
-32.7%
662.0%
EPS (diluted)
$0.17
$0.02

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
MQ
MQ
Q1 26
$307.2M
$165.8B
Q4 25
$295.4M
$172.1M
Q3 25
$296.9M
$163.3M
Q2 25
$302.9M
$150.4M
Q1 25
$269.4M
$139.1M
Q4 24
$277.3M
$135.8M
Q3 24
$287.9M
$128.0M
Q2 24
$287.5M
$125.3M
Net Profit
CVLG
CVLG
MQ
MQ
Q1 26
$4.4M
$7.8M
Q4 25
Q3 25
$9.1M
$-3.6M
Q2 25
$9.8M
$-647.0K
Q1 25
$6.6M
$-8.3M
Q4 24
Q3 24
$13.0M
$-28.6M
Q2 24
$12.2M
$119.1M
Gross Margin
CVLG
CVLG
MQ
MQ
Q1 26
0.1%
Q4 25
69.7%
Q3 25
70.1%
Q2 25
69.2%
Q1 25
71.0%
Q4 24
72.3%
Q3 24
70.4%
Q2 24
63.3%
Operating Margin
CVLG
CVLG
MQ
MQ
Q1 26
2.0%
99.9%
Q4 25
-8.2%
-4.8%
Q3 25
2.7%
-6.4%
Q2 25
3.8%
-6.1%
Q1 25
2.8%
-13.3%
Q4 24
3.1%
-27.6%
Q3 24
5.6%
-33.0%
Q2 24
5.4%
83.9%
Net Margin
CVLG
CVLG
MQ
MQ
Q1 26
1.4%
0.0%
Q4 25
Q3 25
3.1%
-2.2%
Q2 25
3.2%
-0.4%
Q1 25
2.4%
-5.9%
Q4 24
Q3 24
4.5%
-22.4%
Q2 24
4.2%
95.1%
EPS (diluted)
CVLG
CVLG
MQ
MQ
Q1 26
$0.17
$0.02
Q4 25
$-0.68
Q3 25
$0.35
Q2 25
$0.36
Q1 25
$0.24
Q4 24
$0.25
Q3 24
$0.47
Q2 24
$0.44

Balance Sheet & Financial Strength

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

Metric
CVLG
CVLG
MQ
MQ
Cash + ST InvestmentsLiquidity on hand
$712.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$407.6M
$742.3M
Total Assets
$1.0B
$1.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CVLG
CVLG
MQ
MQ
Q1 26
$712.1M
Q4 25
$4.9M
$709.4M
Q3 25
$2.7M
$747.2M
Q2 25
$143.0K
$732.7M
Q1 25
$11.2M
$830.9M
Q4 24
$35.6M
$923.0M
Q3 24
$35.2M
$886.4M
Q2 24
$1.3M
$924.7M
Total Debt
CVLG
CVLG
MQ
MQ
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
MQ
MQ
Q1 26
$407.6M
$742.3M
Q4 25
$404.0M
$762.0M
Q3 25
$423.7M
$839.2M
Q2 25
$416.9M
$843.4M
Q1 25
$443.6M
$987.3M
Q4 24
$438.3M
$1.1B
Q3 24
$431.6M
$1.1B
Q2 24
$419.4M
$1.1B
Total Assets
CVLG
CVLG
MQ
MQ
Q1 26
$1.0B
$1.5B
Q4 25
$1.0B
$1.5B
Q3 25
$1.0B
$1.5B
Q2 25
$1.0B
$1.2B
Q1 25
$980.0M
$1.3B
Q4 24
$997.6M
$1.5B
Q3 24
$1.0B
$1.4B
Q2 24
$995.0M
$1.5B
Debt / Equity
CVLG
CVLG
MQ
MQ
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×

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%

MQ
MQ

Segment breakdown not available.

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