CorVel Corporation (CRVL)

CorVel Income Statement

Financials in millions USD. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	918.58	895.59	795.31	718.56	646.23	552.64
Revenue Growth (YoY)	12.46%	12.61%	10.68%	11.19%	16.93%	-6.68%
Cost of Revenue	700.24	685.86	623.62	560.3	494.12	429.02
Gross Profit	218.33	209.73	171.69	158.26	152.11	123.62
Selling, General & Admin	90.26	88.9	76.59	73.71	67.6	64.45
Operating Expenses	90.26	88.9	76.59	73.71	67.6	64.45
Operating Income	128.07	120.82	95.1	84.55	84.51	59.18
Pretax Income	128.07	120.82	95.1	84.55	84.51	59.18
Income Tax Expense	27.25	25.66	18.85	18.19	18.1	12.82
Net Income	100.82	95.17	76.25	66.37	66.41	46.36
Net Income to Common	100.82	95.17	76.25	66.37	66.41	46.36
Net Income Growth	29.22%	24.80%	14.90%	-0.07%	43.26%	-2.15%
Shares Outstanding (Basic)	51	51	51	52	53	54
Shares Outstanding (Diluted)	52	52	52	53	54	54
Shares Change (YoY)	-	-0.09%	-1.39%	-2.95%	-0.21%	-2.34%
EPS (Basic)	1.96	1.85	1.48	1.28	1.25	0.86
EPS (Diluted)	1.93	1.83	1.47	1.26	1.22	0.85
EPS Growth	27.81%	24.49%	16.67%	3.28%	43.53%	-
Free Cash Flow	98.34	91.56	70	55.97	37.4	77.14
Free Cash Flow Per Share	1.89	1.76	1.34	1.06	0.69	1.42
Gross Margin	23.77%	23.42%	21.59%	22.02%	23.54%	22.37%
Operating Margin	13.94%	13.49%	11.96%	11.77%	13.08%	10.71%
Profit Margin	10.98%	10.63%	9.59%	9.24%	10.28%	8.39%
Free Cash Flow Margin	10.71%	10.22%	8.80%	7.79%	5.79%	13.96%
EBITDA	158.47	150.36	121.35	109.68	108.43	82.61
EBITDA Margin	17.25%	16.79%	15.26%	15.26%	16.78%	14.95%
D&A For EBITDA	30.4	29.54	26.25	25.12	23.92	23.44
EBIT	128.07	120.82	95.1	84.55	84.51	59.18
EBIT Margin	13.94%	13.49%	11.96%	11.77%	13.08%	10.71%
Effective Tax Rate	21.28%	21.24%	19.82%	21.51%	21.42%	21.66%

Updated Aug 5, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q