CorVel Income Statement

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

Millions USD. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Revenue	958.53	895.59	795.31	718.56	646.23
Revenue Growth (YoY)	7.03%	12.61%	10.68%	11.19%	16.93%
Cost of Revenue	725.66	685.86	623.62	-	-
Gross Profit	232.86	209.73	171.69	718.56	646.23
Selling, General & Admin	89.73	88.9	76.59	-	-
Total Operating Expenses	89.73	88.9	76.59	0	0
Operating Income	143.13	120.82	95.1	718.56	646.23
Pretax Income	143.13	120.82	95.1	718.56	646.23
Provision for Income Taxes	32.79	25.66	18.85	-	-
Net Income	110.34	95.17	76.25	718.56	646.23
Net Income to Common	110.34	95.17	76.25	718.56	646.23
Net Income Growth	15.95%	24.80%	-89.39%	11.19%	16.93%
Shares Outstanding (Basic)	51	51	51	52	53
Shares Outstanding (Diluted)	52	52	52	53	54
Shares Change (YoY)	-0.71%	-0.09%	-1.39%	-2.95%	-0.21%
EPS (Basic)	2.15	1.85	1.48	1.28	1.25
EPS (Diluted)	2.14	1.83	1.47	1.26	1.22
EPS Growth	16.94%	24.49%	16.67%	3.28%	43.53%
Shares Outstanding	50.91	51.36	51.39	51.51	52.71
Free Cash Flow	110.28	91.56	70	55.97	37.4
Free Cash Flow Growth	20.45%	30.81%	25.07%	49.63%	-51.51%
Free Cash Flow Per Share	2.14	1.76	1.35	1.06	0.69
Gross Margin	24.29%	23.42%	21.59%	100.00%	100.00%
Operating Margin	14.93%	13.49%	11.96%	100.00%	100.00%
Profit Margin	11.51%	10.63%	9.59%	100.00%	100.00%
FCF Margin	11.51%	10.22%	8.80%	7.79%	5.79%
EBITDA	174.9	150.36	121.35	743.68	670.15
EBITDA Margin	18.25%	16.79%	15.26%	103.50%	103.70%
EBIT	143.13	120.82	95.1	718.56	646.23
EBIT Margin	14.93%	13.49%	11.96%	100.00%	100.00%
Effective Tax Rate	22.91%	21.24%	19.82%	0.00%	0.00%

Updated May 19, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q