Covenant Logistics Reports Q2 2025: Record Freight Revenue $276.5M, EPS $0.36

COVENANT LOGISTICS GROUP, INC.

2025-Q2 EPS reported $0.60 revenue$572,209,000

Q2 2025 freight revenue hit all-time high of $276.5M, up 7.8% year-over-year.
Net income was $9.84M ($0.36 per diluted share); adjusted net income $12.4M ($0.45 per share).
Repurchased ~1.6M shares for $35.2M at avg $22.69 per share under $50M program.
Combined truckload freight revenue increased 1.5% to $173.4M; Dedicated segment grew 10.2%.
Managed Freight segment revenue surged 28.5% to $77.6M; Warehousing revenue nearly flat.

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