CorVel Corporation reported earnings for the quarter ended September 30, 2026, with revenue of $240 million, up 7% from $224 million in the same quarter of 2025. Earnings per share were $0.54, compared with $0.45 in the prior year’s September quarter. Six‑month revenue through September 30 reached $474 million, an increase from $436 million in the six months ended September 30, 2025, while six‑month EPS rose to $1.06 from $0.87.
The company reaffirmed its fiscal‑year 2026 outlook, maintaining guidance for total revenue of $960–$970 million and diluted EPS of $2.10–$2.15. No changes were announced to the guidance range, and management emphasized continued focus on operating efficiency and margin improvement.
Revenue growth was driven by expansion in managed‑care and cost‑containment services, supported by CorVel’s technology‑driven platform and recent investments in AI and workforce development programs such as CorVel University. The company highlighted the role of its Agentic AI initiatives in accelerating claims processing and reducing administrative costs.
Management noted that the company’s cash position stood at $207 million with no borrowings, and it repurchased $12.8 million of common stock during the quarter. The 3‑for‑1 stock split effective December 24, 2024 was reflected in the EPS figures to ensure comparability with prior periods.
CorVel’s results underscore its ability to generate consistent revenue growth and maintain profitability in a competitive risk‑management market, while continuing to invest in technology and talent to support long‑term operational excellence.
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