CorVel Corporation provides technology-enabled risk management solutions for workers’ compensation and health, auto, and liability programs. The company partners with employers, third-party administrators, insurance companies, and government agencies, combining claims management, bill review, preferred provider networks, utilization management, case management, pharmacy, directed care, and Medicare services.
CorVel news commonly covers earnings releases, financial-performance webcasts, product innovation, and the use of artificial intelligence, machine learning, and natural language processing in claims and care-management workflows. Recent company updates also include the CareMC claims management platform, the CorVel Connected AI-powered claims intelligence layer, workplace recognition, and leadership or product-portfolio developments tied to insurance and risk management services.
CorVel (CRVL) reported quarterly revenue of $267 million, with earnings rising for the period ended September 30, 2026. Revenue increased 11% year over year, while diluted earnings per share rose 24% to $0.67 from $0.54. Gross profit increased 24% to $72.3 million, representing a 27% gross margin. Net income reached $34,087,000, compared with $27,906,000 a year earlier.
For the six months ended September 30, revenue increased to $527 million from $474 million, and diluted earnings per share rose to $1.31 from $1.06. Quarterly general and administrative expenses increased to $26,454,000 from $22,277,000. CorVel ended the quarter with $270 million in cash and cash equivalents and no borrowings, after repurchasing $18.1 million of common stock during the quarter.
CorVel (CRVL) launched its CareMC Accelerator for Guidewire ClaimCenter, enabling Managed Care services to be initiated and managed directly within the claims workflow. The integration, built for Guidewire Cloud and aligned with Guidewire standards, uses secure Single Sign-On and structured data exchange to connect claims activity with Managed Care operations. The Accelerator, available via the Guidewire Marketplace, supports direct access to CorVel Managed Care services, automated claim and injury data transfer, and real-time return of status updates, recommendations, and outcomes.
Carriers can configure workflows and business rules, aim for faster implementation with reduced IT demand, and help claims teams minimize duplicate data entry while gaining real-time visibility into care activity.
CorVel (NASDAQ: CRVL) reported results for the quarter ended June 30, 2026, its first quarter of fiscal 2027. Revenues were $259.9 million, up from $234.7 million a year earlier, an increase of about 11%. Gross profit rose to $67.8 million at a 26% margin, compared to $56.8 million in the prior-year quarter. Net income was $32.2 million, with diluted earnings per share of $0.63 versus $0.52 last year.
According to CorVel, income from operations increased to $43.3 million and the company ended the quarter with $255.9 million in cash and cash equivalents and no borrowings. CorVel repurchased $21.8 million of common stock during the period. The company marked the 35th anniversary of its Nasdaq listing and introduced Executive Advisory Services for workers’ compensation and liability clients, while CERIS expanded payment integrity capabilities through new client implementations and targeted investments. Total assets were $689.7 million at June 30, 2026, up from $643.0 million at March 31, 2026.
CorVel (NASDAQ: CRVL) will host a live webcast to discuss its upcoming quarterly earnings results on Wednesday, August 5, 2026, at 11:30 AM Eastern Time. Executive Chairman Michael Combs, CEO Sarah Scott, and CFO Brian Nichols will review financial performance, strategic initiatives, outlook, and take audience questions.
The webcast, titled CorVel Quarterly Earnings Report, will be accessible online with a replay available shortly after. According to CorVel, investors and analysts can also submit questions in advance via the company’s investor relations email.
CorVel (NASDAQ: CRVL) has been named a 2026 PropertyCasualty360 Insurance Luminaries winner for Excellence in Claims Management. The recognition highlights CorVel’s integrated claims model that combines clinical expertise, operational excellence, and proprietary technology to improve outcomes and reduce claim costs and complexity for property and casualty insurance clients.
Built on the CareMC platform and the company’s OpEx Program, CorVel’s model offers real-time visibility, streamlined workflows, and actionable insights to support better decisions throughout the claim lifecycle.
CorVel (Nasdaq: CRVL) launched Marketwise Repricing™, a market-based medical bill repricing solution that integrates into existing bill review workflows. It applies real-world reimbursement data to deliver more consistent, locally aligned pricing and, according to CorVel, captures additional savings to help reduce overall medical spend.
CorVel (NASDAQ: CRVL) will celebrate its 35th anniversary as a publicly traded company on Nasdaq. Executive leaders, including Chairman, President and CEO Michael Combs, will ring the Nasdaq opening bell in New York City.
The company highlights its long-term focus on technology investment, operational discipline, and capital management supporting ongoing innovation and growth.
CorVel (NASDAQ:CRVL) announced that Sarah Scott will become CEO and President effective July 1, 2026, succeeding Michael G. Combs, who will transition to Executive Chair. Scott has over 26 years at CorVel and currently serves as Executive Vice President, Product and Corporate Services.
CorVel (NASDAQ: CRVL) reported fiscal year 2026 revenue of $959 million, up 7% from 2025, with EPS rising 17% to $2.14. Fourth-quarter revenue reached $249 million, up 7%, and EPS increased 20% to $0.61.
Q4 gross profit grew 9% to $63 million at a 25% margin. CorVel ended the quarter with $233 million in cash and no debt, and repurchased $20.1 million of stock. CERIS and P&C services saw strong demand, supported by investments in AI, automation, and telemedicine.
CorVel (NASDAQ: CRVL) will host a live webcast to discuss its upcoming quarterly and fiscal earnings results on Wednesday, May 20, 2026, at 11:30 AM ET. The event will cover financial performance, strategic initiatives, outlook, and include a Q&A session with investors.