Corvel Corp income statement
In fiscal 2026, Corvel Corp reported revenue of $959m, up 7.0% on the year before and net income of $110m, or $2.14 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2017Mar 2017 | 2018Mar 2018 | 2019Mar 2019 | 2020Mar 2020 | 2021Mar 2021 | 2022Mar 2022 | 2023Mar 2023 | 2024Mar 2024 | 2025Mar 2025 | 2026Mar 2026 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 519 | 558 | 596 | 592 | 553 | 646 | 719 | 795 | 896 | 959 | 984 |
| Cost of revenue | 414 | 451 | 471 | 466 | 429 | 494 | 560 | 624 | 686 | 726 | 740 |
| Gross profit | 105 | 107 | 125 | 126 | 124 | 152 | 158 | 172 | 210 | 233 | 244 |
| General and administrative | 57 | 59 | 63 | 65 | 64 | 68 | 74 | 77 | 89 | 90 | 93 |
| Income before tax | 48 | 48 | 62 | 61 | 59 | 85 | 85 | 95 | 121 | 143 | 151 |
| Income tax | 18 | 12 | 15 | 13 | 13 | 18 | 18 | 19 | 26 | 33 | 36 |
| Net income | 29 | 36 | 47 | 47 | 46 | 66 | 66 | 76 | 95 | 110 | 115 |
| Diluted EPS | $0.50 | $0.62 | $0.82 | $0.85 | $0.85 | $1.22 | $1.26 | $1.47 | $1.83 | $2.14 | $2.24 |
| Diluted shares (average) | 59m | 57m | 57m | 56m | 54m | 54m | 53m | 52m | 52m | 52m | 51m |
| 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 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 224 | 228 | 232 | 235 | 240 | 236 | 249 | 260 |
| Cost of revenue | 174 | 175 | 173 | 178 | 181 | 181 | 186 | 192 |
| Gross profit | 51 | 53 | 58 | 57 | 58 | 55 | 63 | 68 |
| General and administrative | 22 | 22 | 25 | 21 | 22 | 23 | 23 | 24 |
| Income before tax | 29 | 31 | 33 | 35 | 36 | 32 | 40 | 43 |
| Income tax | 5 | 7 | 7 | 8 | 8 | 8 | 9 | 11 |
| Net income | 23 | 24 | 26 | 27 | 28 | 24 | 31 | 32 |
| Diluted EPS | $0.45 | $0.46 | $0.51 | $0.52 | $0.54 | $0.47 | $0.61 | $0.63 |
Compare with peers
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