Covenant Logistics Group Operating Expenses Growth & History (CVLG)

Covenant Logistics Group's operating expenses was $1.16B for fiscal 2025.

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Covenant Logistics Group annual operating expenses history

Covenant Logistics Group annual operating expenses

Fiscal yearPeriod endedOperating expensesChangeGrowth
20252025-12-31$1.16B$74.8M+6.88%
20242024-12-31$1.09B$42.0M+4.02%
20232023-12-31$1.04B−$51.4M−4.69%
20222022-12-31$1.10B$117.3M+11.99%
20212021-12-31$978.8M$126.3M+14.81%
20202020-12-31$852.6M−$24.0M−2.74%
20192019-12-31$876.6M$51.6M+6.26%
20182018-12-31$825.0M$148.1M+21.89%
20172017-12-31$676.9M$38.6M+6.06%
20162016-12-31$638.2M−$18.3M−2.78%
20152015-12-31$656.5M−$22.9M−3.37%
20142014-12-31$679.3M$15.2M+2.29%
20132013-12-31$664.2M$13.1M+2.01%
20122012-12-31$651.0M−$2.6M−0.40%
20112011-12-31$653.7M$29.9M+4.80%
20102010-12-31$623.7M$30.3M+5.11%
20092009-12-31$593.4M

Covenant Logistics Group operating expenses trends

Over the last five fiscal years, Covenant Logistics Group's operating expenses increased from $852.6M to $1.16B, a change of $308.9M. The latest reported quarter, Q2 2026, shows $324.0M.

About the metric

What operating expenses mean

Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.

Calculation and source

SEC-reported and calculated operating expenses

TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.

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