# Covenant Logistics Group, Inc.: overview

CVLG · NYSE · CIK 928658 · [Industrials](/sectors/industrials.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/cvlg.md) · [Financials](/companies/cvlg/financials.md) · [Filings](/companies/cvlg/filings.md) · [Insiders](/companies/cvlg/insiders.md)

Latest reported revenue: [$332.9m](/filings/0001437749-26-026547.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 7, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax, accession 0001437749-26-026547).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [288](/filings/0001437749-25-033809.md) | [277 d](/filings/0001437749-26-006086.md) | [269](/filings/0001437749-26-015445.md) | [303](/filings/0001437749-26-026547.md) | [297](/filings/0001437749-25-033809.md) | [295 d](/filings/0001437749-26-006086.md) | [307](/filings/0001437749-26-015445.md) | [333](/filings/0001437749-26-026547.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [5.6%](/filings/0001437749-25-033809.md) | [3.1% d](/filings/0001437749-26-006086.md) | [2.8%](/filings/0001437749-26-015445.md) | [3.8%](/filings/0001437749-26-026547.md) | [2.7%](/filings/0001437749-25-033809.md) | [(8.2%) d](/filings/0001437749-26-006086.md) | [2.0%](/filings/0001437749-26-015445.md) | [2.7%](/filings/0001437749-26-026547.md) |
| Net margin | % | [4.5%](/filings/0001437749-25-033809.md) | [2.4% d](/filings/0001437749-26-006086.md) | [2.4%](/filings/0001437749-26-026547.md) | [3.2%](/filings/0001437749-26-026547.md) | [3.1%](/filings/0001437749-25-033809.md) | [(6.2%) d](/filings/0001437749-26-006086.md) | [1.4%](/filings/0001437749-26-026547.md) | [2.6%](/filings/0001437749-26-026547.md) |
| Diluted EPS | $ per share | [0.47](/filings/0001437749-25-033809.md) | not reported | [0.24](/filings/0001437749-26-015445.md) | [0.36](/filings/0001437749-26-026547.md) | [0.35](/filings/0001437749-25-033809.md) | not reported | [0.17](/filings/0001437749-26-015445.md) | [0.32](/filings/0001437749-26-026547.md) |
| Free cash flow | $m | [24.3 d](/filings/0001437749-25-033809.md) | [0.5 d](/filings/0001437749-26-006086.md) | [(8.6)](/filings/0001437749-26-015445.md) | [(14.5) d](/filings/0001437749-26-026547.md) | [(7.8) d](/filings/0001437749-25-033809.md) | [(3.0) d](/filings/0001437749-26-006086.md) | [17.6](/filings/0001437749-26-015445.md) | [(44.7) d](/filings/0001437749-26-026547.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2023 (2023-12-31) | FY2024 (2024-06-30) | FY2024 (2024-12-31) | FY2025 (2025-06-30) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [1,104](/filings/0001437749-26-006086.md) | [566](/filings/0001437749-25-025408.md) | [1,131](/filings/0001437749-26-006086.md) | [572](/filings/0001437749-25-025408.md) | [1,164](/filings/0001437749-26-006086.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [5.3%](/filings/0001437749-26-006086.md) | [3.5%](/filings/0001437749-25-025408.md) | [4.0%](/filings/0001437749-26-006086.md) | [3.4%](/filings/0001437749-25-025408.md) | [0.3%](/filings/0001437749-26-006086.md) |
| Net margin | % | [5.0%](/filings/0001437749-26-006086.md) | not reported | [3.2%](/filings/0001437749-26-006086.md) | not reported | [0.6%](/filings/0001437749-26-006086.md) |
| Diluted EPS | $ per share | [2.00](/filings/0001437749-26-006086.md) | not reported | [1.30](/filings/0001437749-26-006086.md) | not reported | [0.27](/filings/0001437749-26-006086.md) |
| Free cash flow | $m | [(133)](/filings/0001437749-26-006086.md) | not reported | [(30.1)](/filings/0001437749-26-006086.md) | not reported | [(33.9)](/filings/0001437749-26-006086.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/cvlg/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $89.7m | 2,031,091 |  | Added +53,642 |
| [DIMENSIONAL FUND ADVISORS LP](/funds/354204.md) | 2026-06-30 | $59.2m | 1,339,144 |  | Reduced −49,335 |
| [AMERICAN CENTURY COMPANIES INC](/funds/748054.md) | 2026-06-30 | $38.0m | 859,565 |  | Added +177,556 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $29.9m | 677,352 |  | Added +13,591 |
| [Patton Albertson Miller Group, LLC](/funds/1511037.md) | 2026-06-30 | $25.8m | 584,866 |  | Added +4,338 |
| [NEXT CENTURY GROWTH INVESTORS LLC](/funds/1134007.md) | 2026-06-30 | $24.4m | 551,906 |  | Added +257,038 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $19.6m | 443,667 |  | Added +15,164 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $17.2m | 388,369 |  | Added +25,488 |
| [First Eagle Investment Management, LLC](/funds/1325447.md) | 2026-06-30 | $15.9m | 358,932 |  | Added +110,778 |
| [First Eagle Investment Management, LLC](/funds/1325447.md) | 2026-06-30 | $15.9m | 358,932 |  | Added +110,778 |

## Recent filings

[All 1,173 filings](/companies/cvlg/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-29 | 16:50 ET | [8-K](/filings/0001008886-26-000226.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001008886-26-000226 |
| 2026-08-17 | 17:19 ET | [8-K](/filings/0001008886-26-000205.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001008886-26-000205 |
| 2026-08-07 | 17:27 ET | [8-K](/filings/0001008886-26-000203.md) | 5.02 Departure or appointment of officers or directors | 0001008886-26-000203 |
| 2026-08-07 | 15:08 ET | [10-Q](/filings/0001437749-26-026547.md) | Quarterly report, period 2026-06-30 | 0001437749-26-026547 |
| 2026-07-29 | 16:40 ET | [8-K](/filings/0001008886-26-000201.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001008886-26-000201 |
| 2026-06-23 | 17:06 ET | [8-K](/filings/0001008886-26-000179.md) | 1.01 Entry into a material agreement | 0001008886-26-000179 |
| 2026-05-15 | 17:25 ET | [8-K](/filings/0001008886-26-000133.md) | 5.02 Departure or appointment of officers or directors; 5.07 Shareholder vote results; 8.01 Other events; 9.01 Financial statements and exhibits | 0001008886-26-000133 |
| 2026-05-07 | 11:55 ET | [10-Q](/filings/0001437749-26-015445.md) | Quarterly report, period 2026-03-31 | 0001437749-26-015445 |
| 2026-04-23 | 17:10 ET | [8-K](/filings/0001008886-26-000101.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001008886-26-000101 |
| 2026-04-10 | 11:43 ET | [DEF 14A](/filings/0001437749-26-011971.md) | Proxy statement, period 2026-05-13 | 0001437749-26-011971 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001437749-26-006086.md), filed Feb 27, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, locked when the 8-K was accepted. It is scored when the 10-Q or 10-K is ingested. [See the target](/leagues/2026q3/targets/34741afb-3887-44c9-bc47-626c922d88f5)

## About the filer

- CIK: 928658
- Tickers: CVLG
- Exchange: NYSE
- SIC code: 4213 Trucking (No Local)
- State of incorporation: NV
- Filer category: Accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 29, 2026, 16:51 ET. No prices; not investment advice.