CorVel Corporation (CRVL) — Financial statements
Income statement, balance sheet, and cash flow for CorVel Corporation — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 896↑12.6% | 795↑10.7% | 719↑11.2% | 646↑16.9% | 553 | |
| Cost of Revenue | 686↑10.0% | 624↑11.3% | 560↑13.4% | 494↑15.2% | 429 | |
| Gross Profit | 210↑22.2% | 172↑8.5% | 158↑4.0% | 152↑23.0% | 124 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 89↑16.1% | 77↑3.9% | 74↑9.0% | 68↑4.9% | 64 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 89↑16.1% | 77↑3.9% | 74↑9.0% | 68↑4.9% | 64 | |
| Other Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 89↑16.1% | 77↑3.9% | 74↑9.0% | 68↑4.9% | 64 | |
| Total Costs & Expenses | 775↑10.6% | 700↑10.4% | 634↑12.9% | 562↑13.8% | 493 | |
| Operating Results | ||||||
| Operating Income | 121↑27.0% | 95↑12.5% | 85↑0.0% | 85↑42.8% | 59 | |
| Depreciation & Amortization | 30↑12.5% | 26↑4.5% | 25↑5.0% | 24↑2.0% | 23 | |
| EBITDA | 150↑23.9% | 121↑10.6% | 110↑1.2% | 108↑31.3% | 83 | |
| EBIT | 121↑27.0% | 95↑12.5% | 85↑0.0% | 85↑42.8% | 59 | |
| Interest & Other Income | ||||||
| Net Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Non-Operating Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Income Before Tax | 121↑27.0% | 95↑12.5% | 85↑0.0% | 85↑42.8% | 59 | |
| Income Tax Expense | 26↑36.1% | 19↑3.6% | 18↑0.5% | 18↑41.2% | 13 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 95↑24.8% | 76↑14.9% | 66↓0.1% | 66↑43.3% | 46 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 95↑24.8% | 76↑14.9% | 66↓0.1% | 66↑43.3% | 46 | |
| Bottom-Line Net Income | 95↑24.8% | 76↑14.9% | 66↓0.1% | 66↑43.3% | 46 | |
| EPS (Basic) | 1.85↑25.0% | 1.48↑15.6% | 1.28↑2.4% | 1.25↑45.3% | 0.86 | |
| EPS (Diluted) | 1.83↑24.5% | 1.47↑16.7% | 1.26↑3.3% | 1.22↓51.2% | 2.50 | |
| Weighted Average Shares | 51↑0.0% | 51↓1.2% | 52↓2.4% | 53↓1.0% | 54 | |
| Weighted Average Diluted Shares | 52↓0.0% | 52↓1.4% | 53↓3.0% | 54↑193.4% | 19 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.