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Covenant Logistics Group, Inc. by the numbers
Covenant Logistics Group, Inc. (CVLG) reported revenue of $333M in Q2 2026 (quarter ended Jun 30, 2026), up 9.9% from the same quarter a year earlier. That came with net income of $8.5M (2.6% of revenue). For the full year FY2025, revenue was $1.16B (+2.9% year on year) and net income $7.2M. Its largest segment in Q2 2026 was Managed Freight at $100M, 34% of the disclosed total, just ahead of Dedicated at 32%.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $333M | $303M | +9.9% |
| Operating income | $8.8M | $12M | −24% |
| Net income | $8.5M | $9.8M | −13% |
| Diluted EPS | $0.32 | $0.36 | −11% |
| Operating | Revenue | Share |
|---|---|---|
| Managed Freight | $100M | 34% |
| Dedicated | $94M | 32% |
| Expedited | $74M | 25% |
| Warehousing | $27M | 9.1% |
Business Segments
Revenue split by operating segment, from SEC XBRL filings.
Latest period: Q2 2026Total $294.0M (+4.5%)
Managed Freight grew +28% year on yearExpedited -11% year on year
Segment Latestquarter on quarteryear on year
- Managed Freight$99.5M$99.5MQoQ +9.7%year on year +28%+9.7%+28%
- Dedicated$94.0M$94.0MQoQ +3.2%year on year +4.3%+3.2%+4.3%
- Expedited$73.7M$73.7MQoQ +2.5%year on year -11%+2.5%-11%
- Warehousing$26.7M$26.7MQoQ -3.0%year on year +4.4%-3.0%+4.4%