Financials in USD. Standardized financial statements.
A compact view of how CorVel Corporation turns revenue into operating income and net income.
| Metric | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $958.53M | $895.59M | $795.31M | $718.56M | $646.23M | $552.64M | $592.23M | $595.74M | $558.35M | $518.69M |
| Revenue Growth? | +7.0% | +12.6% | +10.7% | +11.2% | +16.9% | -6.7% | -0.6% | +6.7% | +7.6% | 0.0% |
| Cost of Revenue? | $725.66M | $685.86M | $623.62M | $560.30M | $494.12M | $429.02M | $466.30M | $470.93M | $451.10M | $413.89M |
| Gross Profit? | $232.86M | $209.73M | $171.69M | $158.26M | $152.11M | $123.62M | $125.92M | $124.81M | $107.25M | $104.79M |
| Gross Margin? | +24.3% | +23.4% | +21.6% | +22.0% | +23.5% | +22.4% | +21.3% | +21.0% | +19.2% | +20.2% |
| Operating Expenses? | $89.73M | $88.90M | $76.59M | $73.70M | $67.60M | $64.45M | $65.21M | $63.30M | $59.35M | $57.24M |
| Operating Income? | $143.13M | $120.82M | $95.10M | $84.55M | $84.51M | $59.17M | $60.71M | $61.51M | $47.90M | $47.55M |
| EBITDA? | $143.13M | $150.36M | $121.35M | $109.67M | $108.43M | $82.61M | $83.23M | $84.50M | $69.68M | $68.52M |
| Income Before Tax | $143.13M | $120.82M | $95.10M | $84.55M | $84.51M | $59.17M | $60.71M | $61.51M | $47.90M | $47.55M |
| Income Tax Expense | $32.79M | $25.66M | $18.85M | $18.19M | $18.10M | $12.82M | $13.33M | $14.81M | $12.21M | $18.07M |
| Net Income? | $110.34M | $95.17M | $76.25M | $66.36M | $66.41M | $46.36M | $47.38M | $46.70M | $35.70M | $29.48M |
| EPS? | $2.15 | $1.85 | $1.48 | $1.28 | $1.25 | $0.86 | $0.86 | $0.83 | $0.63 | $0.51 |
| Diluted EPS? | $2.14 | $1.83 | $1.47 | $1.26 | $1.22 | $2.50 | $2.56 | $2.46 | $1.87 | $1.51 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality