CorVel Corporation (CRVL) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 |
|---|
| Revenue | 248.55M | 235.63M | 239.64M | 234.71M | 231.51M | 227.97M | 224.38M | 211.72M | 207.23M | 202.3M | 195.52M | 190.25M | 185.44M | 179.39M | 177.43M | 176.31M | 171.36M | 164.51M | 157.74M | 152.62M |
| Revenue Growth % | 7.36% | 3.36% | 6.8% | 10.86% | 11.72% | 12.69% | 14.76% | 11.28% | 11.75% | 12.78% | 10.2% | 7.91% | 8.22% | 9.04% | 12.48% | 15.52% | 17.76% | 16.26% | 15.96% | 17.76% |
| Medical Costs & Claims | 185.54M | 180.71M | 181.47M | 177.95M | 173.55M | 175.12M | 173.63M | 163.57M | 163.83M | 160.14M | 151.27M | 148.38M | 143.49M | 139.04M | 141.33M | 136.44M | 128.31M | 129.32M | 121.08M | 115.41M |
| Medical Cost Ratio % | 74.65% | 76.69% | 75.72% | 75.82% | 74.96% | 76.81% | 77.38% | 77.26% | 79.06% | 79.16% | 77.37% | 77.99% | 77.38% | 77.51% | 79.66% | 77.39% | 74.88% | 78.61% | 76.76% | 75.62% |
| Gross Profit | 63.01M | 54.92M | 58.18M | 56.76M | 57.97M | 52.86M | 50.75M | 48.16M | 43.4M | 42.16M | 44.25M | 41.88M | 41.95M | 40.34M | 36.09M | 39.87M | 43.05M | 35.19M | 36.66M | 37.21M |
| Gross Margin % | 25.35% | 23.31% | 24.28% | 24.18% | 25.04% | 23.19% | 22.62% | 22.74% | 20.94% | 20.84% | 22.63% | 22.01% | 22.62% | 22.49% | 20.34% | 22.61% | 25.12% | 21.39% | 23.24% | 24.38% |
| Gross Profit Growth % | 8.7% | 3.89% | 14.64% | 17.87% | 33.56% | 25.37% | 14.68% | 14.99% | 3.46% | 4.5% | 22.6% | 5.04% | -2.56% | 14.66% | -1.55% | 7.14% | 20.53% | 13.9% | 20.19% | 40.38% |
| Operating Expenses | 23.29M | 22.68M | 22.28M | 21.48M | 24.65M | 22.06M | 22.08M | 20.12M | 20.81M | 19.8M | 19.54M | 16.45M | 19.36M | 18.13M | 17.55M | 18.67M | 16.79M | 17.51M | 16.66M | 16.64M |
| OpEx / Revenue % | 9.37% | 9.63% | 9.3% | 9.15% | 10.65% | 9.68% | 9.84% | 9.5% | 10.04% | 9.79% | 9.99% | 8.65% | 10.44% | 10.11% | 9.89% | 10.59% | 9.8% | 10.64% | 10.56% | 10.91% |
| Depreciation & Amortization | 0 | 7.84M | 7.84M | 7.59M | 7.6M | 7.5M | 7.71M | 6.73M | 6.68M | 6.74M | 6.46M | 6.36M | 6.26M | 6.22M | 6.33M | 6.32M | 6.01M | 6.06M | 5.95M | 5.9M |
| Combined Ratio % | 84.02% | 86.32% | 85.02% | 84.97% | 85.61% | 86.49% | 87.22% | 86.76% | 89.1% | 88.95% | 87.36% | 86.63% | 87.82% | 87.61% | 89.55% | 87.98% | 84.68% | 89.25% | 87.32% | 86.52% |
| Operating Income | 39.72M | 32.23M | 35.9M | 35.28M | 33.32M | 30.8M | 28.67M | 28.04M | 22.6M | 22.36M | 24.71M | 25.43M | 22.59M | 22.22M | 18.55M | 21.2M | 26.26M | 17.68M | 20M | 20.57M |
| Operating Margin % | 15.98% | 13.68% | 14.98% | 15.03% | 14.39% | 13.51% | 12.78% | 13.24% | 10.9% | 11.05% | 12.64% | 13.37% | 12.18% | 12.39% | 10.45% | 12.02% | 15.32% | 10.75% | 12.68% | 13.48% |
| Operating Income Growth % | 19.2% | 4.65% | 25.22% | 25.85% | 47.45% | 37.73% | 16.01% | 10.25% | 0.02% | 0.65% | 33.27% | 19.95% | -13.96% | 25.65% | -7.29% | 3.06% | 35.68% | 26.7% | 33.86% | 88.28% |
| EBITDA | 39.72M | 40.08M | 43.74M | 42.87M | 40.92M | 38.3M | 36.38M | 34.76M | 29.28M | 29.11M | 31.18M | 31.79M | 28.85M | 28.44M | 24.87M | 27.52M | 32.27M | 23.74M | 25.95M | 26.47M |
| EBITDA Margin % | 15.98% | 17.01% | 18.25% | 18.27% | 17.68% | 16.8% | 16.21% | 16.42% | 14.13% | 14.39% | 15.94% | 16.71% | 15.56% | 15.85% | 14.02% | 15.61% | 18.83% | 14.43% | 16.45% | 17.34% |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Non-Operating Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pretax Income | 39.72M | 32.23M | 35.9M | 35.28M | 33.32M | 30.8M | 28.67M | 28.04M | 22.6M | 22.36M | 24.71M | 25.43M | 22.59M | 22.22M | 18.55M | 21.2M | 26.26M | 17.68M | 20M | 20.57M |
| Pretax Margin % | 15.98% | 13.68% | 14.98% | 15.03% | 14.39% | 13.51% | 12.78% | 13.24% | 10.9% | 11.05% | 12.64% | 13.37% | 12.18% | 12.39% | 10.45% | 12.02% | 15.32% | 10.75% | 12.68% | 13.48% |
| Income Tax | 8.69M | 8.06M | 7.99M | 8.05M | 6.9M | 7.03M | 5.27M | 6.46M | 3.14M | 5.27M | 4.82M | 5.62M | 4.42M | 5.37M | 3.89M | 4.51M | 6.62M | 3.82M | 3.93M | 3.73M |
| Effective Tax Rate % | 21.87% | 25% | 22.27% | 22.81% | 20.71% | 22.82% | 18.39% | 23.04% | 13.91% | 23.55% | 19.49% | 22.11% | 19.58% | 24.16% | 20.97% | 21.26% | 25.22% | 21.63% | 19.65% | 18.11% |
| Net Income | 31.03M | 24.17M | 27.91M | 27.23M | 26.42M | 23.77M | 23.4M | 21.58M | 19.45M | 17.09M | 19.9M | 19.8M | 18.17M | 16.85M | 14.66M | 16.69M | 19.64M | 13.86M | 16.07M | 16.84M |
| Net Margin % | 12.48% | 10.26% | 11.64% | 11.6% | 11.41% | 10.43% | 10.43% | 10.19% | 9.39% | 8.45% | 10.18% | 10.41% | 9.8% | 9.39% | 8.26% | 9.47% | 11.46% | 8.42% | 10.19% | 11.04% |
| Net Income Growth % | 17.45% | 1.7% | 19.27% | 26.22% | 35.8% | 39.05% | 17.59% | 8.95% | 7.07% | 1.46% | 35.77% | 18.66% | -7.48% | 21.58% | -8.81% | -0.9% | 32.6% | 21.77% | 35.46% | 102.88% |
| EPS (Diluted) | 0.61 | 0.47 | 0.54 | 0.52 | 0.51 | 0.46 | 0.45 | 0.42 | 0.37 | 0.33 | 0.38 | 0.38 | 0.35 | 0.96 | 0.83 | 0.94 | 1.09 | 0.76 | 0.88 | 0.92 |
| EPS Growth % | 19.61% | 2.17% | 20% | 23.81% | 37.84% | 39.39% | 18.42% | 10.53% | 5.71% | -65.63% | -54.22% | -59.57% | -67.89% | 26.32% | -5.68% | 2.17% | 36.25% | 24.59% | 37.5% | 104.44% |
| EPS (Basic) | 0.61 | 0.47 | 0.54 | 0.53 | 0.51 | 0.46 | 0.46 | 0.42 | 0.38 | 0.33 | 0.39 | 0.39 | 0.35 | 0.33 | 0.28 | 0.32 | 0.37 | 0.26 | 0.30 | 0.31 |
| Diluted Shares Outstanding | 51.28M | 51.58M | 51.72M | 51.91M | 52.04M | 52.04M | 52.02M | 51.94M | 52M | 51.98M | 52.04M | 52.16M | 52.29M | 17.49M | 17.65M | 17.8M | 18.01M | 18.21M | 18.23M | 18.22M |