Covenant Logistics Group CVLG Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue (Gross) by Business | ||||||
| Dedicated | $103.42M+10.5% | $102.27M+11.5% | $105.02M+110,780% | $102.28M+9.4% | $93.61M+10.8% | |
| Expedited | $84.67M-10.6% | —— | $94.63M+90,618% | —— | $94.69M— | |
| Managed Freight | $90.73M+59.6% | $80.19M+28.8% | $72.22M+113,839% | $77.55M+28.5% | $56.85M-9.6% | |
| Warehousing | $27.71M+14.5% | —— | $24.96M+97,910% | $25.73M+0.3% | $24.2M-6.5% | |
| Operating Income by Business | ||||||
| Dedicated | $5.59M+168% | $7.71M+308% | $4.1M-62.0% | $6.21M-49.5% | $2.09M+293% | |
| Expedited | $2.82M-49.5% | —— | $5.08M-58.6% | —— | $5.59M— | |
| Managed Freight | $3.7M+4.6% | $1.2M-67.5% | $2.96M+0.5% | $4.46M+17.2% | $3.54M+43.7% | |
| Warehousing | $1.78M-3.5% | $1.44M-21.3% | $2.5M-9.2% | $1.92M-33.8% | $1.84M-30.0% | |
| Total Costs & Expenses by Business | ||||||
| Dedicated | $97.84M+6.9% | $94.56M+5.2% | $100.92M+20.3% | $96.06M+18.4% | $91.52M+7.0% | |
| Expedited | $81.85M-8.1% | —— | $89.55M-2.7% | —— | $89.1M— | |
| Managed Freight | $87.03M+63.3% | $78.98M+34.9% | $69.26M+14.6% | $73.09M+29.2% | $53.31M-11.8% | |
| Warehousing | $25.93M+16.0% | $24.22M+6.2% | $22.47M-1.1% | $23.81M+4.6% | $22.36M-3.9% | |
| Revenue Equipment Rentals And Purchased Transportation by Business | ||||||
| Dedicated | $7.2M-13.7% | $7.26M+0.1% | $8.45M+14.8% | $9.23M+24.7% | $8.34M+5.9% | |
| Expedited | $15.08M-8.9% | —— | $17.74M+7.1% | —— | $16.56M— | |
| Managed Freight | $79.37M+66.6% | $70.17M+38.7% | $62.55M+17.9% | $66.56M+30.6% | $47.63M-12.8% | |
| Warehousing | $1.2M+11.1% | $1.24M+3.9% | $1.05M-15.2% | $1.17M+3.9% | $1.08M-17.2% | |
| Other Cost And Expense Operating by Business | ||||||
| Dedicated | $393K-21.9% | $542K-15.0% | $482K-0.8% | $631K+15.4% | $503K-12.1% | |
| Expedited | $355K+45.5% | —— | $235K-8.2% | —— | $244K— | |
| Managed Freight | $1.23M+55.6% | $1.13M+45.6% | $769K+0.4% | $885K+17.4% | $790K+5.8% | |
| Warehousing | $3.95M-10.4% | $3.83M-7.5% | $4.16M-3.9% | $4.74M+8.9% | $4.4M+10.2% | |
| Finite Lived Intangible Assets Gross by Business | ||||||
| Dedicated | $71.37M+1.1% | $71.37M+18.6% | $71.37M+18.6% | $71.37M+18.6% | $70.57M+17.3% | |
| Expedited | $32M0.0% | $32M0.0% | $32M0.0% | $32M0.0% | $32M0.0% | |
| Managed Freight | $22.11M+202% | $22.11M+202% | $7.31M0.0% | $7.31M0.0% | $7.31M0.0% | |
| Warehousing | $12.44M0.0% | $12.44M0.0% | $12.44M0.0% | $12.44M0.0% | $12.44M0.0% | |
| Finite Lived Intangible Assets Net by Business | ||||||
| Dedicated | $53.16M-7.5% | $54.42M+13.3% | $55.67M+13.6% | $56.91M+13.9% | $57.46M+12.8% | |
| Expedited | $23.11M-8.4% | $23.64M-8.3% | $24.18M-8.1% | $24.71M-7.9% | $25.24M-7.8% | |
| Managed Freight | $18.28M+259% | $18.85M+254% | $4.62M-17.0% | $4.85M-16.3% | $5.09M-15.6% | |
| Warehousing | $4.41M-19.0% | $4.66M-18.2% | $4.92M-17.4% | $5.18M-16.7% | $5.44M-16.0% | |
| Gain Loss On Sale Of Property Plant Equipment by Business | ||||||
| Dedicated | -$0+100% | -$24K— | $63K-52.3% | -$207K-344% | -$82K-74.5% | |
| Expedited | -$0— | —— | -$0— | —— | —— | |
| Managed Freight | -$0— | -$13K— | -$0— | -$0— | -$0— | |
| Warehousing | -$0— | $0— | -$0— | -$0— | -$0— | |
| D&A by Business | ||||||
| Dedicated | $4.88M+19.9% | $4.75M+28.9% | $4.37M+31.7% | $4.22M+46.9% | $4.07M+71.9% | |
| Expedited | $1K-66.7% | —— | $1K-75.0% | —— | $3K— | |
| Managed Freight | $99K+350% | $94K+348% | $22K+4.8% | $22K+4.8% | $22K+4.8% | |
| Warehousing | $424K-11.9% | $437K-6.6% | $461K+1.3% | $476K+4.4% | $481K+26.9% | |
| Labor And Related Expense by Business | ||||||
| Dedicated | $44.24M+12.4% | $43.18M+18.1% | $43.76M+18.7% | $42.04M+16.4% | $39.36M+25.0% | |
| Expedited | $28.03M-11.0% | —— | $30.76M-8.9% | —— | $31.49M— | |
| Managed Freight | $3.17M+39.4% | $4.36M+84.5% | $2.76M+0.1% | $2.84M+36.3% | $2.28M+15.2% | |
| Warehousing | $14.74M+29.0% | $13.52M+22.6% | $12.04M+3.9% | $12.35M+6.8% | $11.43M-5.7% | |
| Direct Taxes And Licenses Costs by Business | ||||||
| Dedicated | $720K+18.4% | $880K+36.2% | $667K+44.7% | $652K+119% | $608K+150% | |
| Expedited | $288K-14.3% | —— | $356K-0.6% | —— | $336K— | |
| Managed Freight | $31K-45.6% | $21K+90.9% | $18K+63.6% | $9K-10.0% | $57K+338% | |
| Warehousing | $439K-44.4% | $409K-26.6% | $383K-24.3% | $559K-25.5% | $790K+47.1% | |
| Goodwill by Business | ||||||
| Dedicated | $21.88M-32.8% | $21.88M-32.8% | $32.58M0.0% | $32.58M0.0% | $32.58M+0.8% | |
| Expedited | $15.7M0.0% | $15.7M0.0% | $15.7M0.0% | $15.7M0.0% | $15.7M0.0% | |
| Managed Freight | $21.11M+137% | $21.15M+137% | $8.92M-15.3% | $8.92M-15.3% | $8.92M-15.3% | |
| Warehousing | $21.75M0.0% | $21.75M0.0% | $21.75M0.0% | $21.75M0.0% | $21.75M0.0% | |
| Operating Insurance And Claims Costs Production by Business | ||||||
| Dedicated | $5.61M+12.4% | $4.84M+19.3% | $5.06M+21.1% | $5.17M+27.2% | $4.99M+39.2% | |
| Expedited | $6.65M+1.2% | —— | $6.65M+0.1% | —— | $6.57M— | |
| Managed Freight | $468K+255% | $805K+240% | $205K-52.1% | $25K-13.8% | $132K-39.7% | |
| Warehousing | $243K+17.4% | $229K+19.9% | $220K+8.4% | $239K+18.3% | $207K+5.1% | |
| Finite Lived Intangible Assets Accumulated Amortization by Business | ||||||
| Dedicated | $18.21M+38.9% | $16.96M+39.7% | $15.71M+40.6% | $14.46M+41.7% | $13.11M+42.1% | |
| Expedited | $8.89M+31.6% | $8.36M+34.3% | $7.82M+37.5% | $7.29M+41.4% | $6.76M+46.2% | |
| Managed Freight | $3.83M+72.4% | $3.26M+64.3% | $2.7M+53.9% | $2.46M+62.3% | $2.22M+73.8% | |
| Warehousing | $8.03M+14.8% | $7.77M+15.4% | $7.51M+16.0% | $7.25M+16.7% | $7M+17.4% | |
| Direct Communications And Utilities Costs by Business | ||||||
| Dedicated | $222K+36.2% | $213K+47.9% | $196K+40.0% | $224K+126% | $163K+114% | |
| Expedited | $0— | —— | $0— | —— | $0— | |
| Managed Freight | $34K+240% | $37K+54.2% | $7K+40.0% | $8K+60.0% | $10K+66.7% | |
| Warehousing | $378K+56.8% | $265K+24.4% | $249K+11.2% | $227K+4.1% | $241K+6.6% | |
| Fuel Costs by Business | ||||||
| Dedicated | $14.16M+8.2% | $12.87M+3.2% | $14.69M+15.8% | $13.55M+11.8% | $13.09M+2.3% | |
| Expedited | $14.51M-2.8% | —— | $14.58M-5.7% | —— | $14.93M— | |
| Managed Freight | $0— | $0— | $0— | $0— | $0— | |
| Warehousing | $217K+24.0% | $158K-50.3% | $167K-51.9% | $156K-58.0% | $175K-60.0% | |
| Goodwill Purchase Accounting Adjustments by Business | ||||||
| Dedicated | $0— | —— | —— | —— | $0-100% | |
| Expedited | $0— | —— | —— | —— | $0— | |
| Managed Freight | -$37K— | —— | —— | —— | $0— | |
| Warehousing | $0— | —— | —— | —— | $0— | |
| Cost Maintenance by Business | ||||||
| Dedicated | $11.11M+4.7% | $10.86M+10.0% | $12.67M+40.8% | $11.3M+22.2% | $10.61M+19.7% | |
| Expedited | $9.3M-14.2% | —— | $10.1M-0.8% | —— | $10.84M— | |
| Managed Freight | $501K+979% | $507K+86.4% | $689K-28.8% | $563K+1,509% | -$57K-139% | |
| Warehousing | $1.85M+61.2% | $1.7M+28.3% | $1.47M+7.1% | $1.53M+11.3% | $1.15M-14.2% | |
| Revenue (Gross) by Product | ||||||
| Cargo And Freight | $281.93M+15.9% | $270.64M+7.8% | $268.84M+4.0% | $276.53M+7.8% | $243.22M-1.8% | |
| Fuel Surcharge | $25.24M-3.4% | $24.73M-5.6% | $28.05M-4.2% | $26.32M-15.0% | $26.14M-15.9% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Covenant Logistics Group break its business down?
- Covenant Logistics Group (CVLG) reports revenue (gross) by business across 5 parts — All Other Segments, Dedicated, Expedited, Managed Freight and Warehousing. Each is extracted from the segment footnotes and tracked over time.
- Where does Covenant Logistics Group's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Covenant Logistics Group's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
