Covenant Logistics Group Operating Expenses Growth & History (CVLG)
Covenant Logistics Group's operating expenses was $1.16B for fiscal 2025.
View full Covenant Logistics Group company overviewCovenant Logistics Group annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $1.16B | $74.8M | +6.88% |
| 2024 | 2024-12-31 | $1.09B | $42.0M | +4.02% |
| 2023 | 2023-12-31 | $1.04B | −$51.4M | −4.69% |
| 2022 | 2022-12-31 | $1.10B | $117.3M | +11.99% |
| 2021 | 2021-12-31 | $978.8M | $126.3M | +14.81% |
| 2020 | 2020-12-31 | $852.6M | −$24.0M | −2.74% |
| 2019 | 2019-12-31 | $876.6M | $51.6M | +6.26% |
| 2018 | 2018-12-31 | $825.0M | $148.1M | +21.89% |
| 2017 | 2017-12-31 | $676.9M | $38.6M | +6.06% |
| 2016 | 2016-12-31 | $638.2M | −$18.3M | −2.78% |
| 2015 | 2015-12-31 | $656.5M | −$22.9M | −3.37% |
| 2014 | 2014-12-31 | $679.3M | $15.2M | +2.29% |
| 2013 | 2013-12-31 | $664.2M | $13.1M | +2.01% |
| 2012 | 2012-12-31 | $651.0M | −$2.6M | −0.40% |
| 2011 | 2011-12-31 | $653.7M | $29.9M | +4.80% |
| 2010 | 2010-12-31 | $623.7M | $30.3M | +5.11% |
| 2009 | 2009-12-31 | $593.4M | — | — |
Covenant Logistics Group quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $324.0M | $32.7M | +11.24% |
| Q1 2026 | 2026-03-31 | $300.9M | $39.2M | +14.96% |
| Q4 2025 | 2025-12-31 | $319.6M | $50.8M | +18.92% |
| Q3 2025 | 2025-09-30 | $289.0M | $17.3M | +6.37% |
| Q2 2025 | 2025-06-30 | $291.3M | $19.4M | +7.12% |
| Q1 2025 | 2025-03-31 | $261.7M | −$12.7M | −4.63% |
| Q4 2024 | 2024-12-31 | $268.7M | $9.0M | +3.47% |
| Q3 2024 | 2024-09-30 | $271.6M | −$1.9M | −0.71% |
| Q2 2024 | 2024-06-30 | $271.9M | $9.7M | +3.69% |
| Q1 2024 | 2024-03-31 | $274.4M | $25.2M | +10.12% |
| Q4 2023 | 2023-12-31 | $259.7M | −$25.4M | −8.92% |
| Q3 2023 | 2023-09-30 | $273.6M | $20.8M | +8.23% |
| Q2 2023 | 2023-06-30 | $262.2M | −$28.3M | −9.73% |
| Q1 2023 | 2023-03-31 | $249.2M | −$18.5M | −6.92% |
| Q4 2022 | 2022-12-31 | $285.2M | $9.2M | +3.32% |
| Q3 2022 | 2022-09-30 | $252.8M | −$1.7M | −0.67% |
| Q2 2022 | 2022-06-30 | $290.5M | $52.5M | +22.06% |
| Q1 2022 | 2022-03-31 | $267.7M | $57.4M | +27.26% |
| Q4 2021 | 2021-12-31 | $276.0M | $60.3M | +27.97% |
| Q3 2021 | 2021-09-30 | $254.5M | $50.5M | +24.73% |
| Q2 2021 | 2021-06-30 | $238.0M | $17.4M | +7.86% |
| Q1 2021 | 2021-03-31 | $210.4M | −$1.9M | −0.89% |
| Q4 2020 | 2020-12-31 | $215.7M | −$12.9M | −5.63% |
| Q3 2020 | 2020-09-30 | $204.0M | −$20.3M | −9.05% |
| Q2 2020 | 2020-06-30 | $220.6M | $10.6M | +5.06% |
| Q1 2020 | 2020-03-31 | $212.3M | −$1.5M | −0.70% |
| Q4 2019 | 2019-12-31 | $228.5M | −$20.0M | −8.03% |
| Q3 2019 | 2019-09-30 | $224.3M | −$2.8M | −1.23% |
| Q2 2019 | 2019-06-30 | $210.0M | $27.8M | +15.23% |
| Q1 2019 | 2019-03-31 | $213.8M | $46.6M | +27.89% |
| Q4 2018 | 2018-12-31 | $248.5M | $60.0M | +31.85% |
| Q3 2018 | 2018-09-30 | $227.1M | $57.5M | +33.92% |
| Q2 2018 | 2018-06-30 | $182.3M | $21.9M | +13.65% |
| Q1 2018 | 2018-03-31 | $167.1M | $8.7M | +5.49% |
| Q4 2017 | 2017-12-31 | $188.5M | $9.8M | +5.46% |
| Q3 2017 | 2017-09-30 | $169.6M | $10.5M | +6.62% |
| Q2 2017 | 2017-06-30 | $160.4M | $8.8M | +5.84% |
| Q1 2017 | 2017-03-31 | $158.4M | $9.5M | +6.39% |
| Q4 2016 | 2016-12-31 | $178.7M | −$5.0M | −2.73% |
| Q3 2016 | 2016-09-30 | $159.1M | $171,000 | +0.11% |
| Q2 2016 | 2016-06-30 | $151.5M | −$5.2M | −3.29% |
| Q1 2016 | 2016-03-31 | $148.9M | −$8.3M | −5.25% |
| Q4 2015 | 2015-12-31 | $183.7M | $1.6M | +0.87% |
| Q3 2015 | 2015-09-30 | $158.9M | −$13.1M | −7.62% |
| Q2 2015 | 2015-06-30 | $156.7M | −$7.9M | −4.81% |
| Q1 2015 | 2015-03-31 | $157.2M | −$3.4M | −2.14% |
| Q4 2014 | 2014-12-31 | $182.1M | $14.5M | +8.67% |
| Q3 2014 | 2014-09-30 | $172.0M | $7.0M | +4.26% |
| Q2 2014 | 2014-06-30 | $164.6M | −$1.5M | −0.93% |
| Q1 2014 | 2014-03-31 | $160.6M | −$4.8M | −2.93% |
| Q4 2013 | 2013-12-31 | $167.6M | −$4.7M | −2.75% |
| Q3 2013 | 2013-09-30 | $165.0M | $1.2M | +0.72% |
| Q2 2013 | 2013-06-30 | $166.1M | $5.9M | +3.68% |
| Q1 2013 | 2013-03-31 | $165.4M | $10.8M | +6.96% |
| Q4 2012 | 2012-12-31 | $172.3M | $11.6M | +7.18% |
| Q3 2012 | 2012-09-30 | $163.8M | −$7.4M | −4.32% |
| Q2 2012 | 2012-06-30 | $160.2M | −$5.4M | −3.25% |
| Q1 2012 | 2012-03-31 | $154.7M | −$1.4M | −0.91% |
| Q4 2011 | 2011-12-31 | $160.8M | — | — |
| Q3 2011 | 2011-09-30 | $171.2M | $14.5M | +9.28% |
| Q2 2011 | 2011-06-30 | $165.6M | $6.7M | +4.21% |
| Q1 2011 | 2011-03-31 | $156.1M | — | — |
| Q3 2010 | 2010-09-30 | $156.6M | — | — |
| Q2 2010 | 2010-06-30 | $158.9M | — | — |
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.
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.
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.
Review Covenant Logistics Group source filings ↗