CorVel Income Statement

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

Millions USD. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Revenue	941.49	895.59	795.31	718.56	646.23	552.64
Revenue Growth (YoY)	8.05%	12.61%	10.68%	11.19%	16.93%	-6.68%
Cost of Revenue	180.71	-	-	-	-	-
Gross Profit	760.78	-	-	-	-	-
Selling, General & Admin	22.68	-	-	-	-	-
Total Operating Expenses	22.68	0	0	0	0	0
Operating Income	738.1	895.59	795.31	718.56	646.23	552.64
Pretax Income	738.1	895.59	795.31	718.56	646.23	552.64
Provision for Income Taxes	8.06	-	-	-	-	-
Net Income	730.04	895.59	795.31	718.56	646.23	552.64
Net Income to Common	730.04	895.59	795.31	718.56	646.23	552.64
Net Income Growth	9.43%	12.61%	10.68%	11.19%	16.93%	-6.68%
Shares Outstanding (Basic)	51	51	51	52	53	54
Shares Outstanding (Diluted)	52	52	52	53	54	54
Shares Change (YoY)	-0.39%	-0.09%	-1.39%	-2.95%	-0.21%	-2.34%
EPS (Basic)	2.05	1.85	1.48	1.28	1.25	0.86
EPS (Diluted)	2.04	1.83	1.47	1.26	1.22	0.85
EPS Growth	20.00%	24.49%	16.67%	3.28%	43.53%	-
Free Cash Flow	104.25	91.56	70	55.97	37.4	77.14
Free Cash Flow Growth	13.86%	30.81%	25.07%	49.63%	-51.51%	59.16%
Free Cash Flow Per Share	2.01	1.76	1.35	1.06	0.69	1.42
Gross Margin	5.83%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	3.42%	100.00%	100.00%	100.00%	100.00%	100.00%
Profit Margin	2.57%	100.00%	100.00%	100.00%	100.00%	100.00%
FCF Margin	11.07%	10.22%	8.80%	7.79%	5.79%	13.96%
EBITDA	63.33	925.13	821.56	743.68	670.15	576.08
EBITDA Margin	6.73%	103.30%	103.30%	103.50%	103.70%	104.24%
EBIT	738.1	895.59	795.31	718.56	646.23	552.64
EBIT Margin	3.42%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	25.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Updated Feb 3, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q