---
title: "COVENANT LOGISTICS GROUP, INC. 2026: Revenue $332.87M, EPS $0.32— 10-Q Summary"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295269291.md"
description: "Covenant Logistics Group reported Q2 2026 revenue of $332.87M, up 9.9% YoY, driven by Managed Freight and Dedicated services. However, net income and diluted EPS declined to $8.54M and $0.32, respectively. The company is shifting its mix toward longer-term contracts, reducing fleet size, and cutting costs to improve margins."
datetime: "2026-08-07T19:11:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295269291.md)
  - [en](https://longbridge.com/en/news/295269291.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295269291.md)
generator: "portal-rs"
---

# COVENANT LOGISTICS GROUP, INC. 2026: Revenue $332.87M, EPS $0.32— 10-Q Summary

Covenant Logistics Group, Inc. reported second-quarter 2026 results with revenue rising to $332.87M while net income and diluted EPS declined year over year to $8.54M and $0.32, respectively, as the company shifted mix toward Managed Freight and Dedicated services and reduced fleet size.

**Financial Highlights**

Metric

Current quarter

Prior year quarter

YoY change

Revenue¹

$332.87M

$302.85M

9.9%

Net income²

$8.54M

$9.84M

(13.3%)

Diluted EPS³

$0.32

$0.36

(11.1%)

*¹ Reported as “Total revenue”. ² Reported as “Net income”. ³ Reported as “Diluted income per share”.*

**Business Highlights**

-   Revenue growth was driven by Managed Freight and Dedicated services; freight revenue rose to $294.7M, with Managed Freight increasing materially (Managed Freight +$22M in Q2).
-   Company is shifting channel mix away from asset-based and expedited volume, which declined due to fleet downsizing and equipment sales, toward longer-term dedicated/committed contracts to secure durable margins.
-   Fleet actions reduced net capex and lowered average tractor age to 2.2 years and trailer age to 6.1 years as management stabilizes the fleet.
-   Management is pursuing margin improvement through rate increases, exiting low-margin business, and cutting overhead and controllable costs.

Original SEC Filing: COVENANT LOGISTICS GROUP, INC. \[ CVLG \] - 10-Q - Aug. 07, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**