Corvel financials
$74.47+0.85%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY26 Mar 31 | FY25 Mar 31 | FY24 Mar 31 | FY23 Mar 31 | FY22 Mar 31 | FY21 Mar 31 | FY20 Mar 31 | FY19 Mar 31 | FY18 Mar 31 | FY17 Mar 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $958.5M | $895.6M | $795.3M | $718.6M | $646.2M | $552.6M | $592.2M | $595.7M | $558.4M | $518.7M |
| Gross profit | $232.9M | $209.7M | $171.7M | $158.3M | $152.1M | $123.6M | $125.9M | $124.8M | $107.3M | $104.8M |
| Gross margin | 24.3% | 23.4% | 21.6% | 22.0% | 23.5% | 22.4% | 21.3% | 21.0% | 19.2% | 20.2% |
| Operating income | $143.1M | $120.8M | $95.1M | $84.6M | $84.5M | $59.2M | $60.7M | $61.5M | $47.9M | $47.5M |
| Net income | $110.3M | $95.2M | $76.3M | $66.4M | $66.4M | $46.4M | $47.4M | $46.7M | $35.7M | $29.5M |
| Net margin | 11.5% | 10.6% | 9.6% | 9.2% | 10.3% | 8.4% | 8.0% | 7.8% | 6.4% | 5.7% |
| Diluted EPS | $2.14 | $1.83 | $1.47 | $1.26 | $1.22 | $0.85 | $0.85 | $0.82 | $0.62 | $0.50 |
| EBITDA | $174.9M | $150.4M | $121.4M | $109.7M | $108.4M | $82.6M | $83.2M | $84.5M | $69.7M | $68.5M |
| Operating cash flow | $155.6M | $127.3M | $99.2M | $82.3M | $67.2M | $94.4M | $80.8M | $78.6M | $62.2M | $52.1M |
| Free cash flow | $110.3M | $91.6M | $70.0M | $56.0M | $37.4M | $77.1M | $48.5M | $63.4M | $34.5M | $21.0M |
| Diluted shares | 51.6M | 52.0M | 52.0M | 52.8M | 54.4M | 54.5M | 55.8M | 57.0M | 57.1M | 58.7M |
Balance sheet
| Period end | Mar 31 | Mar 31 | Mar 31 | Mar 31 | Mar 31 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $233.1M | $170.6M | $105.6M | $71.3M | $97.5M | $139.7M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total assets | $643.0M | $546.0M | $454.7M | $393.9M | $415.2M | $424.8M |
| Total liabilities | $248.8M | $224.0M | $207.0M | $191.7M | $202.9M | $204.4M |
| Shareholders' equity | $394.2M | $322.0M | $247.6M | $202.2M | $212.4M | $220.4M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology