CorVel Balance Sheet

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

Millions USD. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
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
Cash & Equivalents	230.03	170.58	105.56	71.33	97.5	139.72
Cash & Short-Term Investments	230.03	170.58	105.56	71.33	97.5	139.72
Cash Growth	41.17%	61.59%	47.99%	-26.85%	-30.21%	67.88%
Receivables	102.1	104.13	97.11	81.03	82.59	64.72
Prepaid Expenses	16.36	10.51	9.25	9.57	12.76	8.01
Other Current Assets	115.43	101.47	90.31	81.84	72.15	56.5
Total Current Assets	463.92	386.69	302.23	243.77	264.99	268.94
Property, Plant & Equipment	133.57	70.12	72.78	76.8	81.48	88.04
Goodwill	36.81	36.81	36.81	36.81	36.81	36.81
Other Intangible Assets	0.31	43.19	37.99	34.94	31.48	30.01
Long-Term Deferred Tax Assets	9.75	8.7	3.55	0.22	-	0.61
Other Long-Term Assets	0.42	0.45	1.32	1.38	0.48	0.35
Total Assets	644.79	545.98	454.68	393.92	415.25	424.76
Accounts Payable	25.87	15.42	16.41	15.06	14.08	12.35
Accrued Expenses	66.75	46.84	40.9	35.68	48.01	57.11
Current Portion of Leases	7.33	8.13	8.86	9.9	13.35	12.77
Current Income Taxes Payable	4.13	1.37	0.22	0.25	0.35	-
Current Unearned Revenue	30.94	30.81	29.96	26.98	25.8	22.51
Other Current Liabilities	115.43	101.47	88.14	80.02	69.78	57.72
Total Current Liabilities	250.45	204.04	184.5	167.89	171.37	162.46
Long-Term Leases	18.62	19.95	22.53	23.86	29.79	41.9
Long-Term Deferred Tax Liabilities	-	-	-	-	1.69	-
Total Liabilities	269.06	223.99	207.03	191.75	202.85	204.36
Common Stock	0.01	0.01	0	0	0	0
Additional Paid-In Capital	260.84	250.41	233.63	218.7	201.61	185.94
Retained Earnings	982.4	903.09	807.92	731.67	665.3	598.89
Treasury Stock	-867.52	-831.51	-793.91	-748.2	-654.52	-564.44
Shareholders' Equity	375.72	321.99	247.65	202.18	212.4	220.4
Total Liabilities & Equity	644.79	545.98	454.68	393.92	415.25	424.76
Total Debt	25.95	28.08	31.4	33.76	43.14	54.66
Net Cash (Debt)	204.09	142.51	74.17	37.57	54.36	85.05
Net Cash Growth	52.98%	92.14%	97.41%	-30.89%	-36.08%	-
Net Cash Per Share	3.94	2.74	1.43	0.71	1.00	1.56
Filing Date Shares Outstanding	51.15	51.35	51.37	51.43	52.47	53.55
Total Common Shares Outstanding	51.14	51.36	51.39	51.51	52.71	53.63
Working Capital	213.48	182.65	117.73	75.88	93.62	106.48
Book Value Per Share	7.35	6.27	4.82	3.93	4.03	4.11
Tangible Book Value	338.6	241.98	172.85	130.42	144.11	153.58
Tangible Book Value Per Share	6.62	4.71	3.36	2.53	2.73	2.86
Land	-	11.05	11.12	11.08	11.08	11.08
Machinery	-	65.43	66.61	68.25	77.38	66.71
Leasehold Improvements	-	22.61	18.01	18.3	18.58	17.56

Updated Feb 3, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q