Covenant Logistics Group, Inc. (CVLG) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 307.16M | 295.37M | 296.89M | 302.85M | 269.36M | 277.33M | 287.88M | 287.5M | 278.76M | 273.99M | 288.72M | 274.02M | 266.85M | 296.06M | 311.84M | 317.38M | 291.58M | 294.23M | 274.56M | 256.32M |
| Revenue Growth % | 14.04% | 6.51% | 3.13% | 5.34% | -3.37% | 1.22% | -0.29% | 4.92% | 4.46% | -7.46% | -7.41% | -13.66% | -8.48% | 0.62% | 13.58% | 23.82% | 32.01% | 30.64% | 30.23% | 33.72% |
| Cost of Goods Sold | 281.32M | 258.49M | 254.46M | 254.12M | 227.47M | 230.48M | 242.71M | 253.05M | 232.74M | 230.85M | 244.7M | 235.87M | 227.95M | 257.17M | 262.78M | 265.04M | 245.88M | 254.16M | 234.66M | 218.46M |
| COGS % of Revenue | 91.59% | 87.51% | 85.71% | 83.91% | 84.45% | 83.1% | 84.31% | 88.02% | 83.49% | 84.26% | 84.75% | 86.08% | 85.42% | 86.87% | 84.27% | 83.51% | 84.33% | 86.38% | 85.47% | 85.23% |
| Gross Profit | 25.84M | 36.88M | 42.42M | 48.74M | 41.88M | 46.85M | 45.18M | 34.45M | 46.02M | 43.13M | 44.02M | 38.15M | 38.9M | 38.88M | 49.06M | 52.34M | 45.7M | 40.07M | 39.91M | 37.86M |
| Gross Margin % | 8.41% | 12.49% | 14.29% | 16.09% | 15.55% | 16.89% | 15.69% | 11.98% | 16.51% | 15.74% | 15.25% | 13.92% | 14.58% | 13.13% | 15.73% | 16.49% | 15.67% | 13.62% | 14.53% | 14.77% |
| Gross Profit Growth % | -38.3% | -21.28% | -6.1% | 41.49% | -8.99% | 8.63% | 2.63% | -9.7% | 18.3% | 10.93% | -10.27% | -27.11% | -14.88% | -2.97% | 22.95% | 38.22% | 55.25% | 27.82% | 32.96% | 70.78% |
| Operating Expenses | 19.22M | 43.67M | 34.5M | 37.18M | 34.26M | 38.24M | 28.94M | 18.03M | 41.69M | 28.87M | 28.88M | 26.36M | 21.27M | 27.98M | -10M | 25.46M | 21.86M | 21.84M | 19.82M | 19.53M |
| OpEx % of Revenue | 6.26% | 14.78% | 11.62% | 12.28% | 12.72% | 13.79% | 10.05% | 6.27% | 14.95% | 10.54% | 10% | 9.62% | 7.97% | 9.45% | -3.21% | 8.02% | 7.5% | 7.42% | 7.22% | 7.62% |
| Selling, General & Admin | 0 | 40.22M | 31.68M | 30.35M | 30.35M | 35.28M | 25.51M | 15.75M | 37.62M | 25.82M | 26.1M | 25.03M | 27.6M | 25.8M | 25.49M | 23.12M | 19.28M | 19.29M | 18.01M | 18.46M |
| SG&A % of Revenue | - | 13.62% | 10.67% | 10.02% | 11.27% | 12.72% | 8.86% | 5.48% | 13.5% | 9.43% | 9.04% | 9.14% | 10.34% | 8.72% | 8.17% | 7.29% | 6.61% | 6.55% | 6.56% | 7.2% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | -1000K | 1000K | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 6.62M | -6.78M | 7.93M | 11.56M | 7.63M | 8.61M | 16.23M | 16.41M | 4.33M | 14.27M | 15.14M | 11.78M | 17.63M | 10.9M | 59.06M | 26.87M | 23.85M | 18.24M | 20.08M | 18.33M |
| Operating Margin % | 2.16% | -2.3% | 2.67% | 3.82% | 2.83% | 3.11% | 5.64% | 5.71% | 1.56% | 5.21% | 5.24% | 4.3% | 6.61% | 3.68% | 18.94% | 8.47% | 8.18% | 6.2% | 7.31% | 7.15% |
| Operating Income Growth % | -13.2% | -178.75% | -51.18% | -29.55% | 75.94% | -39.63% | 7.23% | 39.3% | -75.41% | 30.85% | -74.36% | -56.15% | -26.06% | -40.21% | 194.07% | 46.59% | 126.92% | 90.62% | 194.86% | 163.32% |
| EBITDA | 30.6M | 18.07M | 30.88M | 34.68M | 29.42M | 30.68M | 37.46M | 38.54M | 25.44M | 32.51M | 33.32M | 30.73M | 32.21M | 26.68M | 73.42M | 40.8M | 37.29M | 30.8M | 33.45M | 32.2M |
| EBITDA Margin % | 9.96% | 6.12% | 10.4% | 11.45% | 10.92% | 11.06% | 13.01% | 13.41% | 9.13% | 11.87% | 11.54% | 11.21% | 12.07% | 9.01% | 23.54% | 12.86% | 12.79% | 10.47% | 12.18% | 12.56% |
| EBITDA Growth % | 3.99% | -41.09% | -17.56% | -10.01% | 15.64% | -5.62% | 12.41% | 25.44% | -21% | 21.84% | -54.61% | -24.7% | -13.64% | -13.38% | 119.49% | 26.74% | 51.62% | 29.61% | 65.27% | 446.79% |
| D&A (Non-Cash Add-back) | 23.98M | 24.86M | 22.95M | 23.12M | 21.8M | 22.07M | 21.22M | 22.13M | 21.11M | 18.24M | 18.18M | 18.94M | 14.57M | 15.78M | 14.36M | 13.93M | 13.45M | 12.56M | 13.37M | 13.86M |
| EBIT | 9.97M | -21.09M | 11.5M | 15.83M | 11.4M | 11.56M | 20.23M | 19.67M | 8.01M | 18.99M | 20.48M | 17.16M | 23.57M | 14.84M | 66.46M | 33.95M | 30.63M | 23.45M | 23.31M | 21.71M |
| Net Interest Income | -3.89M | -3.26M | -3.47M | -2.47M | -2.86M | -3.23M | -3.2M | -3.8M | -3.34M | -2.44M | -2.64M | -2.12M | -769K | -827K | -935K | -766K | -555K | -616K | -724K | -708K |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 3.89M | 3.26M | 3.47M | 2.47M | 2.86M | 3.23M | 3.2M | 3.8M | 3.34M | 2.44M | 2.64M | 2.12M | 769K | 827K | 935K | 766K | 555K | 616K | 724K | 708K |
| Other Income/Expense | -537K | -17.57M | 110K | 1.8M | 919K | -285K | 789K | -542K | 338K | 2.29M | 2.7M | 3.26M | 5.17M | 3.1M | 6.46M | 6.31M | 6.23M | 4.59M | 2.51M | 2.67M |
| Pretax Income | 6.08M | -24.35M | 8.04M | 13.36M | 8.55M | 8.33M | 17.02M | 15.87M | 4.67M | 16.55M | 17.84M | 15.04M | 22.81M | 14.01M | 65.52M | 33.18M | 30.08M | 22.83M | 22.59M | 21.01M |
| Pretax Margin % | 1.98% | -8.24% | 2.71% | 4.41% | 3.17% | 3% | 5.91% | 5.52% | 1.68% | 6.04% | 6.18% | 5.49% | 8.55% | 4.73% | 21.01% | 10.46% | 10.32% | 7.76% | 8.23% | 8.2% |
| Income Tax | 1.66M | -6.09M | 1.77M | 3.52M | 1.98M | 1.76M | 4.14M | 3.83M | 849K | 3.91M | 4.48M | 2.9M | 6.32M | 2.73M | 15.56M | 8.66M | 7.91M | 5.1M | 6.15M | 5.57M |
| Effective Tax Rate % | 27.34% | 25.03% | 22.05% | 26.35% | 23.2% | 21.12% | 24.32% | 24.12% | 18.17% | 23.62% | 25.13% | 19.26% | 27.72% | 19.49% | 23.75% | 26.09% | 26.3% | 22.33% | 27.21% | 26.52% |
| Net Income | 4.42M | -18.26M | 9.09M | 9.84M | 6.56M | 6.72M | 13.03M | 12.19M | 3.97M | 12.79M | 13.51M | 12.29M | 16.64M | 11.5M | 50.49M | 24.53M | 22.17M | 17.73M | 16.44M | 15.42M |
| Net Margin % | 1.44% | -6.18% | 3.06% | 3.25% | 2.44% | 2.42% | 4.53% | 4.24% | 1.43% | 4.67% | 4.68% | 4.49% | 6.23% | 3.89% | 16.19% | 7.73% | 7.6% | 6.03% | 5.99% | 6.01% |
| Net Income Growth % | -32.65% | -371.72% | -30.23% | -19.3% | 65.15% | -47.49% | -3.5% | -0.81% | -76.11% | 11.23% | -73.25% | -49.88% | -24.96% | -35.13% | 207.06% | 59.08% | 98.99% | 169.1% | 119.2% | 169% |
| Net Income (Continuing) | 4.42M | -18.26M | 6.26M | 9.84M | 6.56M | 6.57M | 12.88M | 12.04M | 3.82M | 12.64M | 13.36M | 12.14M | 16.48M | 11.28M | 49.96M | 24.53M | 22.17M | 17.73M | 16.44M | 15.44M |
| Discontinued Operations | 0 | 0 | 1000K | 0 | 0 | 150K | 150K | 150K | 150K | 150K | 150K | 150K | 150K | 225K | 525K | 0 | 0 | 0 | 0 | -19K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.17 | -0.73 | 0.34 | 0.36 | 0.24 | 0.24 | 0.47 | 0.44 | 0.14 | 0.89 | 0.98 | 0.91 | 1.20 | 0.81 | 3.39 | 1.56 | 1.32 | 1.04 | 0.97 | 0.91 |
| EPS Growth % | -29.17% | -404.17% | -27.66% | -18.18% | 71.43% | -73.03% | -52.04% | -51.65% | -88.33% | 9.88% | -71.09% | -41.67% | -9.09% | -22.12% | 249.48% | 71.43% | 103.08% | 169.33% | 125.58% | 169.47% |
| EPS (Basic) | 0.18 | -0.73 | 0.36 | 0.37 | 0.25 | 0.26 | 0.50 | 0.46 | 0.15 | 0.98 | 1.04 | 0.95 | 1.25 | 0.85 | 3.50 | 1.58 | 1.34 | 1.06 | 0.98 | 0.92 |
| Diluted Shares Outstanding | 26.43M | 25.01M | 27.16M | 27.56M | 27.88M | 27.9M | 27.8M | 27.66M | 27.6M | 27.42M | 27.36M | 27.15M | 27.75M | 28.41M | 29.78M | 31.52M | 33.54M | 33.95M | 33.95M | 34.04M |
| Basic Shares Outstanding | 25.08M | 25.01M | 25.87M | 26.3M | 26.54M | 26.4M | 26.35M | 26.29M | 26.17M | 25.9M | 25.89M | 25.88M | 26.72M | 27.09M | 28.81M | 31.03M | 33.2M | 33.44M | 33.56M | 33.53M |
| Dividend Payout Ratio | 39.73% | - | 19.28% | 18.26% | 28.31% | 21.65% | 11.13% | 11.87% | 36.31% | 11.23% | 10.63% | 11.73% | 8.81% | 9.52% | 2.32% | 3.98% | 4.72% | - | - | - |