CRVL · XBRL financial data

Corvel financial statements, every fiscal year

The same tables from 6 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 years (CRVL's year ends in late March)

In millions of dollars	FY 2021Mar 31, 2021	FY 2022Mar 31, 2022	FY 2023Mar 31, 2023	FY 2024Mar 31, 2024	FY 2025†Mar 31, 2025	FY 2026Mar 31, 2026
Revenue	—	—	719	795	896	959
Revenue from contracts with customers	553	646	719	795	896	959
Cost of goods and services sold	429	494	560	624	686	726
Gross profit	124	152	158	172	210	233
General and administrative	64	68	74	77	89	90
Income tax expense (benefit)	13	18	18	19	26	33
Net income (loss)	46	66	66	76	95	110
Earnings per share, basic USD per share	2.59	3.74	3.83	4.45	1.85	2.15
Earnings per share, diluted USD per share	2.55	3.66	3.77	4.40	1.83	2.14
Weighted average shares, basic millions of shares	18	18	17	17	51	51
Weighted average shares, diluted millions of shares	18	18	18	17	52	52

† Share count changed about 3x in the period ending 2025-03-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

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

In millions of dollars	FY 2021Mar 31, 2021	FY 2022Mar 31, 2022	FY 2023Mar 31, 2023	FY 2024Mar 31, 2024	FY 2025†Mar 31, 2025	FY 2026Mar 31, 2026
Cash and cash equivalents	140	98	71	106	171	233
Accounts receivable	65	83	81	97	104	101
Total current assets	269	265	244	302	387	462
Property and equipment, net	71	76	83	86	92	118
Right-of-use asset	45	35	28	24	21	21
Goodwill	37	37	37	37	37	37
Total assets	425	415	394	455	546	643
Accounts payable	12	14	15	16	15	24
Accrued liabilities	149	157	153	168	187	204
Total current liabilities	162	171	168	184	204	228
Lease liability, non-current	42	30	24	23	20	21
Total liabilities	204	203	192	207	224	249
Retained earnings	599	665	732	808	903	1,013
Total stockholders' equity	220	212	202	248	322	394
Total liabilities and equity	425	415	394	455	546	643
Common shares outstanding (cover page) millions of shares	18	17	17	17	51	51

† Share count changed about 3x in the period ending 2025-03-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

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

In millions of dollars	FY 2021Mar 31, 2021	FY 2022Mar 31, 2022	FY 2023Mar 31, 2023	FY 2024Mar 31, 2024	FY 2025†Mar 31, 2025	FY 2026Mar 31, 2026
Net income (loss)	46	66	66	76	95	110
Stock-based compensation	5	5	6	5	6	5
Depreciation and amortization	23	24	25	26	30	32
Net cash from operating activities	94	67	82	99	127	156
Purchases of property and equipment	17	30	26	29	36	45
Net cash from investing activities	(17)	(30)	(26)	(29)	(36)	(45)
Share repurchases	33	90	94	46	38	56
Net cash from financing activities	(21)	(80)	(82)	(36)	(27)	(48)
Net change in cash	56	(42)	(26)	34	65	62

† Share count changed about 3x in the period ending 2025-03-31, 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.