CRVL: CorVel Corp. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits
Q2 revenue rose 11% to $267M and diluted EPS rose 24% to $0.67; $270M cash, no debt, $18.1M buyback.
What this filing says
CorVel reported results for the quarter and six months ended September 30, 2026, with revenue and earnings per share both higher than a year earlier. The company ended the quarter with $270 million in cash and no borrowings, and it bought back $18.1 million of stock. The filing furnishes the press release rather than filing it, so the details come from that release.
Key figures
- Q2 revenue
- $267 million
- Q2 diluted EPS
- $0.67
- Q2 gross profit
- $72.3 million
- Gross margin
- 27%
- Cash at quarter end
- $270 million
- Stock repurchased in quarter
- $18.1 million
Positive for shareholders
- Revenue and earnings per share both grew over the prior year's quarter.
- The company held $270 million in cash with no borrowings at quarter end.
- The company repurchased $18.1 million of its common stock during the quarter.
Written by Quantisnow AI from this filing. Not financial advice.
Form 8-K cover page
Key terms
- Gross margin:
- The share of revenue left after subtracting the direct costs of delivering the service, shown as a percentage.
- Diluted earnings per share:
- Profit per share that counts the effect of stock options and other instruments that could become shares.
FAQ
How did CorVel perform in its latest quarter?
CorVel reported quarterly revenue of $267 million, up from $240 million a year earlier, and diluted EPS of $0.67 versus $0.54. Gross profit rose 24% to $72.3 million.
Did CorVel buy back its own stock?
Yes, the company repurchased $18.1 million of its common stock during the quarter, according to the release.
Historical context for CRVL
Across the 16 sessions after earlier CRVL headlines, the stock closed higher 12 times and lower 4 times, with a median move of 2.5% in either direction. This shows timing only: many things move a stock in a session, and these figures do not show that any headline caused a move.
| Session | Earlier headline | CRVL | SPY |
|---|---|---|---|
| Sep 22, 2026 | CorVel Expands Managed Care Connectivity with the CareMC® Extension for Guidewire ClaimCenter | +2.5% | -0.0% |
| Aug 5, 2026 | CorVel Announces Revenues and Earnings | +5.9% | -0.2% |
| Jul 27, 2026 | CorVel Corporation to Host Live Earnings Release Webcast | +0.9% | +0.0% |
| Jul 8, 2026 | CorVel Named 2026 PropertyCasualty360 Insurance Luminaries Winner for Excellence in Claims Management | -2.1% | -0.3% |
| Jun 17, 2026 | CorVel Launches Marketwise Repricing™ to Deliver Smarter, Market-Based Medical Cost Containment | -2.6% | -1.2% |
| Jun 2, 2026 | CorVel Marks 35 Years on Nasdaq, Signals Next Phase of Long-Term Innovation and Growthand 1 other headline that session | -7.5% | +0.1% |
- Market cap
- 30-day
- Sector
- Finance
- Industry
- Specialty Insurers
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