CorVel reports quarterly revenue of $267 million and EPS of $0.67
CorVel posted results for the quarter ended September 30, 2026, with revenue and earnings per share both up from a year earlier, according to GlobeNewswire.
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what happened
CorVel Corporation has published its results for the quarter ended September 30, 2026, according to GlobeNewswire. Revenue came in at $267 million, up from $240 million a year earlier, while diluted earnings per share rose to $0.67 from $0.54. For the six months, revenue reached $527 million and earnings per share were $1.31 against $1.06.
Gross profit grew 24% to $72.3 million, at a 27% gross margin. The company ended the quarter with $270 million in cash and cash equivalents and no borrowings, and it bought back $18.1 million of its common stock. Management attributes the growth to new customer wins in workers' compensation and liability work, along with technology investments, including artificial intelligence in claims workflows.
why it matters
For markets, this is a report from a small specialist firm in claims management and managed care. Double-digit growth in revenue and profit, no debt and active share buybacks stand out, but the read-across to broader markets is limited.
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sources
- CorVel Announces Revenues and Earnings — globenewswire.com, 3 November 2026 at 11:15 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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