CorVel Corporation (CRVL)

CorVel Cash Flow Statement

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

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Net Income	110.34	95.17	76.25	66.37	66.41
Depreciation & Amortization	31.76	29.54	26.25	25.12	23.92
Stock-Based Compensation	5.41	5.71	4.98	5.56	5.2
Other Adjustments	5.61	-1.27	-1.2	-0.28	2.58
Change in Receivables	2.7	-10.46	-17.9	0.34	-18.02
Changes in Accounts Payable	-0.73	0.16	1.32	-4.4	1.42
Changes in Accrued Expenses	16.27	19.38	15.29	-4.36	8.05
Changes in Unearned Revenue	-14.23	-13.33	-8.12	-10.24	-13.28
Changes in Other Operating Activities	-1.49	2.43	2.36	4.19	-9.05
Operating Cash Flow	155.64	127.32	99.24	82.29	67.22
Operating Cash Flow Growth	22.25%	28.29%	20.60%	22.41%	-28.77%
Capital Expenditures	-45.36	-35.76	-29.24	-26.32	-29.82
Investing Cash Flow	-45.36	-35.76	-29.24	-26.32	-29.82
Issuance of Common Stock	8.41	11.07	9.95	11.53	10.47
Repurchase of Common Stock	-56.21	-37.61	-45.71	-93.68	-90.09
Net Common Stock Issued (Repurchased)	-47.8	-26.54	-35.76	-82.14	-79.62
Financing Cash Flow	-47.8	-26.54	-35.76	-82.14	-79.62
Net Cash Flow	62.49	65.02	34.23	-26.18	-42.21
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%
FCF Margin	11.51%	10.22%	8.80%	7.79%	5.79%
Free Cash Flow Per Share	2.14	1.76	1.35	1.06	0.69
Levered Free Cash Flow	96.57	97.58	84.12	702.55	627.47
Unlevered Free Cash Flow	96.57	97.58	84.12	702.55	627.47

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

SEC Filings: 10-K · 10-Q