---
schema_version: "secwatch.filing_event.v1"
accession: "0001008886-26-000101"
form_type: "8-K"
ticker: "CVLG"
cik: "0000928658"
company_name: "COVENANT LOGISTICS GROUP, INC."
filed_at: "2026-04-23T23:59:59+00:00"
generated_at: "2026-05-15T04:46:47.816815+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Covenant Q1 GAAP EPS $0.17 vs $0.24 YoY; adj. EPS $0.26; revenue $307M up 14%

## Summary
- Total revenue $307.2M (+14% YoY); freight revenue $281.9M (+15.9%) vs prior year.
- Operating income $6.3M GAAP ($9.6M adj.) vs $7.6M ($10.9M adj.) in Q1 2025.
- Expedited freight revenue down 10.3%; Dedicated up 10.9%; Managed Freight up 59.6% from 2025 acquisition.
- Net indebtedness decreased $51M to $245.3M; leverage ratio 37.6% from 42.3% at Dec 2025.
- Management cites severe weather and fuel costs for miss; March momentum building; 2026 capex guided $40-50M.

## SEC filing metadata
- accession: 0001008886-26-000101
- form_type: 8-K
- ticker: CVLG
- cik: 0000928658
- company_name: COVENANT LOGISTICS GROUP, INC.
- filed_at: 2026-04-23T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/928658/000100888626000101/0001008886-26-000101-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/928658/000100888626000101/form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001008886-26-000101
- JSON: https://secwatch.observer/filing/0001008886-26-000101.json
- Plain text: https://secwatch.observer/filing/0001008886-26-000101.txt

## Key facts
- Earnings Releases
  COVENANT LOGISTICS GROUP, INC. reported financial results for first quarter ended March 31, 2026.
  - Period: first quarter ended March 31, 2026
  - Result: reported results
  source text: On April 23, 2026, Covenant Logistics Group, Inc., a Nevada corporation (the "Company"), issued a press release announcing its financial and operating results for the quarter ended March 31, 2026.
  evidence_url: https://www.sec.gov/Archives/edgar/data/928658/000100888626000101/0001008886-26-000101-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.