CRVL · XBRL financial data

Corvel financial statements, every quarter

The same tables from 12 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal quarters (CRVL's year ends in late March)

In millions of dollars	Q2 FY23Sep 30, 2023	Q3 FY23Dec 31, 2023	Q4 FY24Mar 31, 2024	Q1 FY24Jun 30, 2024	Q2 FY24Sep 30, 2024	Q3 FY24†Dec 31, 2024	Q4 FY25Mar 31, 2025	Q1 FY25Jun 30, 2025	Q2 FY25Sep 30, 2025	Q3 FY25Dec 31, 2025	Q4 FY26Mar 31, 2026	Q1 FY26Jun 30, 2026
Revenue	—	—	year only	212	224	228	232*	235	240	236	249*	260
Revenue from contracts with customers	196	202	207	212	224	228	232*	235	240	236	249*	260
Cost of goods and services sold	151	160	164*	164	174	175	173*	178	181	181	186*	192
Gross profit	44	42	43	48	51	53	58*	57	58	55	63*	68
General and administrative	20	20	21*	20	22	22	25*	21	22	23	23*	24
Income tax expense (benefit)	5	5	3*	6	5	7	7*	8	8	8	9*	11
Net income (loss)	20	17	19	22	23	24	26*	27	28	24	31*	32
Earnings per share, basic USD per share	1.16	1.00	1.13	1.26	1.37	0.46	—	0.53	0.54	0.47	0.61*	0.63
Earnings per share, diluted USD per share	1.15	0.99	1.12	1.25	1.35	0.46	—	0.52	0.54	0.47	0.61*	0.63
Weighted average shares, basic millions of shares	17	17	17*	17	17	51	—	51	51	51	51*	51
Weighted average shares, diluted millions of shares	17	17	17*	17	17	52	—	52	52	52	51*	51

† Share count changed about 3x in the period ending 2024-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

Fiscal quarters (CRVL's year ends in late March)

In millions of dollars	Q2 FY23Sep 30, 2023	Q3 FY23Dec 31, 2023	Q4 FY24Mar 31, 2024	Q1 FY24Jun 30, 2024	Q2 FY24Sep 30, 2024	Q3 FY24†Dec 31, 2024	Q4 FY25Mar 31, 2025	Q1 FY25Jun 30, 2025	Q2 FY25Sep 30, 2025	Q3 FY25Dec 31, 2025	Q4 FY26Mar 31, 2026	Q1 FY26Jun 30, 2026
Cash and cash equivalents	92	107	106	132	138	163	171	202	207	230	233	256
Accounts receivable	87	93	97	98	102	106	104	102	105	102	101	111
Total current assets	282	294	302	333	363	383	387	422	434	464	462	505
Property and equipment, net	85	85	86	87	89	91	92	108	111	114	118	122
Right-of-use asset	27	25	24	23	24	22	21	21	19	19	21	21
Goodwill	37	37	37	37	37	37	37	37	37	37	37	37
Total assets	434	445	455	486	519	539	546	597	612	645	643	690
Accounts payable	15	15	16	12	14	15	15	21	19	26	24	20
Accrued liabilities	171	173	168	182	199	200	187	205	207	220	204	230
Total current liabilities	186	188	184	201	213	217	204	235	230	250	228	260
Lease liability, non-current	25	23	23	22	23	21	20	20	19	19	21	21
Total liabilities	212	211	207	222	236	238	224	255	249	269	249	281
Retained earnings	771	788	808	829	853	877	903	930	958	982	1,013	1,046
Total stockholders' equity	223	234	248	264	283	301	322	343	363	376	394	409
Total liabilities and equity	434	445	455	486	519	539	546	597	612	645	643	690
Common shares outstanding (cover page) millions of shares	17	17	17	17	17	51	51	51	51	51	51	51

† Share count changed about 3x in the period ending 2024-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

Fiscal quarters (CRVL's year ends in late March)

In millions of dollars	Q2 FY23Sep 30, 2023	Q3 FY23Dec 31, 2023	Q4 FY24Mar 31, 2024	Q1 FY24Jun 30, 2024	Q2 FY24Sep 30, 2024	Q3 FY24†Dec 31, 2024	Q4 FY25Mar 31, 2025	Q1 FY25Jun 30, 2025	Q2 FY25Sep 30, 2025	Q3 FY25Dec 31, 2025	Q4 FY26Mar 31, 2026	Q1 FY26Jun 30, 2026
Net income (loss)	20	17	19	22	23	24	26*	27	28	24	31*	32
Stock-based compensation	1*	1*	1*	1	1*	2*	1*	1	1*	1*	1*	1
Depreciation and amortization	6*	7*	7*	7	8*	7*	8*	8	8*	8*	8*	9
Net cash from operating activities	18*	29*	15*	40	22*	42*	23*	55	25*	46*	29*	50
Purchases of property and equipment	7*	7*	10*	8	10*	10*	9*	15	10*	11*	9*	7
Net cash from investing activities	(7)*	(7)*	(10)*	(8)	(10)*	(10)*	(9)*	(15)	(10)*	(11)*	(9)*	(7)
Share repurchases	9*	9*	9*	10	10*	9*	9*	10	13*	14*	20*	22
Net cash from financing activities	(6)*	(7)*	(7)*	(6)	(6)*	(8)*	(7)*	(8)	(10)*	(13)*	(17)*	(20)
Net change in cash	5*	15*	(1)*	26	6*	25*	8*	31	5*	23*	3*	23

† Share count changed about 3x in the period ending 2024-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

SIC 6411 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 6411 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Runway	Quarter
Corvel	256	260	50	50.5M	—	Q1 FY26 10-QJun 30, 2026
Goosehead Insurance	24	113	16*	not reported	—	Q2 FY26 10-QJun 30, 2026
Crawford	79	330	5.8*	not reported	—	Q3 FY26 10-QSep 30, 2026
Accelerant Holdings	1,573	357	(69)*	not reported	22.9 quarters	Q2 FY26 10-QJun 30, 2026
Baldwin Insurance Group	184	493	46*	not reported	—	Q2 FY26 10-QJun 30, 2026
Enact Holdings	448	317	119*	137.5M	—	Q2 FY26 10-QJun 30, 2026
Ryan Specialty Holdings	169	775	181*	not reported	—	Q3 FY26 10-QSep 30, 2026
Erie Indemnity	363	1,070	213*	not reported	—	Q3 FY26 10-QSep 30, 2026
Neptune Insurance Holdings	17	60	26*	not reported	—	Q3 FY26 10-QSep 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.