Corvel Corp balance sheet

At the end of fiscal 2026, Corvel Corp had total assets of $643m, total liabilities of $249m and shareholders' equity of $394m. It held $233m in cash against $0 of debt: net cash of $233m.

Balance sheet

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Corvel Corp: balance sheet, annual
Fiscal year	2017Mar 2017	2018Mar 2018	2019Mar 2019	2020Mar 2020	2021Mar 2021	2022Mar 2022	2023Mar 2023	2024Mar 2024	2025Mar 2025	2026Mar 2026	LTMJun 2026
Cash and equivalents	29	56	92	83	140	98	71	106	171	233	256
Receivables	63	65	71	66	65	83	81	97	104	101	111
Total current assets	129	163	215	209	269	265	244	302	387	462	505
Goodwill	37	37	37	37	37	37	37	37	37	37	37
Total assets	235	274	318	416	425	415	394	455	546	643	690
Accounts payable	14	12	10	15	12	14	15	16	15	24	20
Deferred revenue (current)	10	15	17	18	23	26	27	30	31	32	33
Total current liabilities	90	98	117	134	162	171	168	184	204	228	260
Total debt	0	0	0	0	0	0	0	0	0	0	0
Total liabilities	97	103	123	227	204	203	192	207	224	249	281
Shareholders' equity	139	171	195	190	220	212	202	248	322	394	409
Net debt (negative = net cash)	−29	−56	−92	−83	−140	−98	−71	−106	−171	−233	−256
Shares outstanding	57m	57m	56m	54m	54m	53m	52m	51m	51m	51m	51m

US$ millions unless shown otherwise. Fiscal quarters.

Corvel Corp: balance sheet, quarterly
Quarter	2025 Q2Sept 2024	2025 Q3Dec 2024	2025 Q4Mar 2025	2026 Q1Jun 2025	2026 Q2Sept 2025	2026 Q3Dec 2025	2026 Q4Mar 2026	2027 Q1Jun 2026
Receivables	102	106	104	102	105	102	101	111
Total current assets	363	383	387	422	434	464	462	505
Goodwill	37	37	37	37	37	37	37	37
Total assets	519	539	546	597	612	645	643	690
Accounts payable	14	15	15	21	19	26	24	20
Deferred revenue (current)	30	31	31	30	31	31	32	33
Total current liabilities	213	217	204	235	230	250	228	260
Total liabilities	236	238	224	255	249	269	249	281
Shareholders' equity	283	301	322	343	363	376	394	409
Shares outstanding	17m	51m	51m	51m	51m	51m	51m	51m

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from Corvel Corp's SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Corvel Corp.