CorVel Quarterly Income Statement
NASDAQ: CRVLFinanceSpecialty InsurersUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
CorVel revenue and earnings
In the quarter ended Jun 30, 2026, CorVel generated $259.9 million in revenue, up 10.7% from the same quarter a year earlier. Net income was $32.2 million (+18.3% year over year), for a net margin of 12.4% versus a median of 11.6% in the prior 5 quarters. Gross margin was 26.1% (up from 24.2%).
Diluted earnings per share came in at $0.63, up from $0.52.
Summary generated from market data by MetaCap's automated system. Methodology
CorVel income statement (quarterly)
| Quarter (USD) | Q1 20262026-06-30 | Q4 20262026-03-31 | Q3 20252025-12-31 | Q2 20252025-09-30 | Q1 20252025-06-30 | Q4 20252025-03-31 | Q3 20242024-12-31 | Q2 20242024-09-30 | Q1 20242024-06-30 | Q4 20242024-03-31 | Q3 20232023-12-31 | Q2 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 259.93M | 248.55M | 235.63M | 239.64M | 234.71M | 231.51M | 227.97M | 224.38M | 211.72M | 207.23M | 202.30M | 195.52M |
| Revenue growth (YoY) | +10.74% | +7.36% | +3.36% | +6.80% | +10.86% | +11.72% | +12.69% | +14.76% | +11.28% | +11.75% | +12.78% | +10.20% |
| Cost of Revenue | 192.13M | 185.54M | 180.71M | 181.47M | 177.95M | 173.33M | 175.12M | 173.63M | 163.57M | 163.83M | 160.14M | 151.27M |
| Gross Profit | 67.79M | 63.01M | 54.92M | 58.18M | 56.76M | 58.18M | 52.86M | 50.75M | 48.16M | 43.40M | 42.16M | 44.25M |
| Pretax Income | 43.34M | 39.72M | 32.23M | 35.90M | 35.28M | 33.32M | 30.80M | 28.67M | 28.04M | 22.60M | 22.36M | 24.71M |
| Income Tax | 11.12M | 8.69M | 8.06M | 7.99M | 8.05M | 6.90M | 7.03M | 5.27M | 6.46M | 3.14M | 5.27M | 4.82M |
| Net Income | 32.23M | 31.03M | 24.17M | 27.91M | 27.23M | 26.42M | 23.77M | 23.40M | 21.58M | 19.45M | 17.09M | 19.90M |
| Net Income growth (YoY) | +18.32% | +17.45% | +1.70% | +19.27% | +26.22% | +35.80% | +39.05% | +17.59% | +8.95% | +7.07% | +1.46% | +35.77% |
| EPS (Basic) | 0.63 | 0.61 | 0.47 | 0.54 | 0.53 | 0.51 | 0.46 | 0.46 | 0.42 | 1.13 | 0.33 | 1.16 |
| EPS (Diluted) | 0.63 | 0.61 | 0.47 | 0.54 | 0.52 | 0.50 | 0.46 | 0.45 | 0.42 | 1.12 | 0.33 | 1.15 |
| Shares Outstanding (Basic) | 50.80M | — | 51.32M | 51.31M | 51.35M | — | 51.39M | 51.40M | 51.37M | — | 51.32M | 17.12M |
| Shares Outstanding (Diluted) | 50.93M | — | 51.58M | 51.72M | 51.91M | — | 52.04M | 52.02M | 51.94M | — | 51.98M | 17.35M |
| Gross Margin | 26.08% | 25.35% | 23.31% | 24.28% | 24.18% | 25.13% | 23.19% | 22.62% | 22.74% | 20.94% | 20.84% | 22.63% |
| Net Margin | 12.40% | 12.48% | 10.26% | 11.64% | 11.60% | 11.41% | 10.43% | 10.43% | 10.19% | 9.39% | 8.45% | 10.18% |
This table shows 12 quarterly periods of CorVel's income statement, from Q1 2026 back to Q2 2023, across 12 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow CRVL's reporting calendar. What is a income statement?