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CorVel Earns Spot on TIME’s America’s Growth Leaders 2026 List — the Only Company in Its Industry Recognized

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CorVel (NASDAQ: CRVL) announced it was named to TIME’s America’s Growth Leaders 2026, the only company in its industry to earn the recognition, highlighting sustained growth and market performance.

For the quarter ended September 2025 CorVel reported 7% revenue growth to $240 million and 15% gross profit growth to $58.2 million. The company cited investments in workforce development via CorVel University and expansion of AI platforms such as CareMC Edge and agentic AI to boost efficiency and claims automation.

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Positive

  • Revenue +7% to $240 million (Q3 2025)
  • Gross profit +15% to $58.2 million (Q3 2025)
  • Only industry company on TIME America’s Growth Leaders 2026 list

Negative

  • None.

News Market Reaction 1 Alert

+2.55% News Effect

On the day this news was published, CRVL gained 2.55%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Recognition reflects CorVel’s sustained growth, financial strength, and market performance

FORT WORTH, Texas, Nov. 11, 2025 (GLOBE NEWSWIRE) -- Today, CorVel Corporation (NASDAQ: CRVL), a national provider of risk management solutions, is proud to announce its inclusion on TIME’s America’s Growth Leaders 2026 Ranking. This recognition, presented by TIME and Statista, honors companies demonstrating exceptional growth performance, financial stability, and stock performance. The complete list is available at time.com

CorVel is the only company in its industry to earn this recognition, underscoring its leadership, innovation, and consistent commitment to delivering superior value to partners and shareholders.

The America’s Growth Leaders 2026 recognition places CorVel among the nation’s most accomplished businesses that have consistently expanded their market presence, maintained strong financial foundations, and delivered shareholder value while demonstrating resilience through market fluctuations.

“This honor reflects our team’s dedication to combining innovative technology with personalized solutions,” said Michael Combs, President and CEO of CorVel. “By listening to our partners, investing in our people, and leveraging technology to drive meaningful outcomes, we continue to transform the risk management industry.”

In the quarter ending September 2025, CorVel achieved 7% revenue growth to $240 million and a 15% increase in gross profit to $58.2 million. To sustain this momentum, the company is investing in workforce development through CorVel University, which continues to train professionals to meet industry talent needs.

CorVel is also advancing its AI-driven platforms, including CareMC Edge, which provides real-time insights, automates routine tasks, and enhances adjuster focus on care and claim resolution. With strict compliance and data integrity standards, CorVel is integrating emerging agentic AI technologies to streamline workflows and boost operational efficiency.

As it enters 2026, the Company continues to harness emerging technologies, such as Agentic AI, to boost efficiency, speed, and scalability throughout its operations. This advanced AI enables the automation of intricate, multi-step workflows, empowering claims professionals and expediting software development.

About CorVel
CorVel Corp. applies technology, including artificial intelligence, machine learning, and natural language processing, to enhance the management of episodes of care and related health care costs. We partner with employers, third-party administrators, insurance companies, and government agencies in managing workers’ compensation and health, auto, and liability services. Our diverse suite of solutions combines our integrated technologies with a human touch. CorVel’s customized services, delivered locally, are backed by a national team to support our partners and their customers and patients.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
All statements included in this press release, other than statements or characterizations of historical fact, are forward-looking statements. These forward-looking statements are based on the Company’s current expectations, estimates and projections about the Company, management’s beliefs, and certain assumptions made by the Company, and events beyond the Company’s control, all of which are subject to change Such forward-looking statements include, but are not limited to, statements relating to the Company’s services and the Company’s continued investment in these and other innovative technologies, and statements relating to the Company’s product offerings. These forward-looking statements are not guarantees of future results and are subject to risks, uncertainties and assumptions that could cause the Company’s actual results to differ materially and adversely from those expressed in any forward-looking statement results of operations and financial condition is greater than our initial assessment.  The risks and uncertainties referred to above include but are not limited to factors described in this press release and the Company’s filings with the Securities and Exchange Commission, including but not limited to “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended March 31, 2025, and the Company’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2025. The forward-looking statements in this press release speak only as of the date they are made. The Company undertakes no obligation to revise or update publicly any forward-looking statement for any reason.

Contact: Melissa Storan
Phone: 949-851-1473
www.corvel.com


FAQ

What did CorVel (CRVL) announce on November 11, 2025?

CorVel announced inclusion on TIME’s America’s Growth Leaders 2026 list and reported Q3 2025 results showing revenue and gross profit growth.

How much revenue did CorVel (CRVL) report for the quarter ended September 2025?

CorVel reported $240 million in revenue for the quarter, a 7% increase year-over-year.

What was CorVel’s gross profit for Q3 2025 and the change vs prior period?

Gross profit was $58.2 million, a 15% increase for the quarter ended September 2025.

Why is the TIME recognition significant for CorVel (CRVL)?

The recognition highlights CorVel’s reported growth, financial strength, and being the only company in its industry named to the list.

What AI initiatives did CorVel (CRVL) cite in the announcement?

CorVel cited expansion of CareMC Edge and integration of agentic AI to automate workflows and improve claims efficiency.

How is CorVel investing in workforce development after Q3 2025?

The company said it is expanding training through CorVel University to upskill professionals to meet industry talent needs.
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