The financials
CorVel Corporation by the numbers
CorVel Corporation (CRVL) reported revenue of $249M in Q4 2026 (quarter ended March 31, 2026), up 7.4% from the same quarter a year earlier. That came with a gross margin of 25% and net income of $31M (12% of revenue). For the full year FY2026, revenue was $959M (+7.0% year on year) and net income $110M. Its largest product in 2025-Q4 was Patient Management Services at $146M, 62% of the disclosed total, just ahead of Network Solutions Services at 38%.
| Income statement | Q4 2026 | Q4 2025 | Change |
|---|---|---|---|
| Revenue | $249M | $232M | +7.4% |
| Gross profit | $63M | $58M | +8.3% |
| Net income | $31M | $26M | +17% |
| Diluted EPS | $0.61 | $0.51 | +20% |
| Product | Revenue | Share |
|---|---|---|
| Patient Management Services | $146M | 62% |
| Network Solutions Services | $90M | 38% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q4 2025Total $235.6M (-1.7%)
Network Solutions Services grew +9.1% year on yearPatient Management Services +0.14% year on year
Segment Latestquarter on quarteryear on year
- Patient Management Services$146.1M$146.1MQoQ -3.1%year on year +0.14%-3.1%+0.14%
- Network Solutions Services$89.6M$89.6MQoQ +0.81%year on year +9.1%+0.81%+9.1%