Nov 2, 7:30 PM ET
CorVel reported results for the three months ended September 30, 2026, with revenue of $267 million, up from $240 million a year earlier, and diluted earnings per share of $0.67, up from $0.54. For the six months, revenue was $527 million and diluted EPS was $1.31, compared with $474 million and $1.06 a year earlier, and the company reported no borrowings at quarter end.
- Quarter revenue of $267 million rose 11%; gross profit of $72.3 million, a 27% gross margin, compared with $58.2 million a year earlier
- Quarter net income was $34.1 million, compared with $27.9 million in the prior-year quarter
- Six-month revenue of $527 million and diluted EPS of $1.31, compared with $474 million and $1.06 a year earlier
- Cash of $270 million and no borrowings at September 30, 2026; the company repurchased $18.1 million of common stock during the quarter
Read the filing on SEC.gov ↗
Aug 4, 7:37 PM ET
CorVel reported revenue of $260 million for the quarter ended June 30, 2026, up from $235 million a year earlier, and diluted earnings per share of $0.63, up from $0.52. The results were furnished in an 8-K with a press release dated August 5, 2026, and show growth in revenue, gross profit, net income and earnings per share.
- Revenue rose 11% to $260 million; gross profit rose 19% to $67.8 million at a 26% gross margin.
- Net income was $32.2 million, compared with $27.2 million a year earlier.
- The company ended the quarter with $256 million in cash and cash equivalents and no borrowings, and repurchased $21.8 million of common stock.
Read the filing on SEC.gov ↗
Jun 1, 5:05 PM ET
CorVel Corporation said Sarah Scott, a 26-year company veteran, will succeed Michael G. Combs as CEO and President on July 1, 2026. Combs, who has led the company since 2019 as CEO and since 2017 as President, will become Executive Chair and advise on the transition. The filing gives no financial results, so the change is a leadership transition with no stated effect on the company's numbers.
- Sarah Scott becomes CEO and President effective July 1, 2026; she joined the company in 1999 and was Executive Vice President, Product and Corporate Services.
- Scott's annual base salary rises to $600,000, with a target annual bonus of 75% of base salary and an opportunity of up to 100%.
- Michael G. Combs will serve as Executive Chair at a base salary of $25,000 per month, effective July 1, 2026.
- Scott will receive 25,000 stock options under the 2025 Stock Incentive Plan.
Read the filing on SEC.gov ↗
May 19, 7:30 PM ET
CorVel reported results for the three months and fiscal year ended March 31, 2026, in a press release furnished as Exhibit 99.1. Fiscal 2026 revenue was $959 million, up 7%, and diluted earnings per share were $2.14, up 17% from $1.83 a year earlier. Fourth-quarter revenue rose 7% to $249 million and diluted EPS rose 20% to $0.61.
- Fiscal 2026 revenue of $959 million compared with $896 million in fiscal 2025; net income was $110.3 million.
- Fourth-quarter gross profit rose 9% to $63.0 million, a 25% gross margin, compared with $58.0 million a year earlier.
- The company ended the quarter with $233 million of cash and no borrowings, and repurchased $20.1 million of common stock during the quarter.
Read the filing on SEC.gov ↗
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