Corvel ( (CRVL) ) has released its Q2 earnings. Here is a breakdown of the information Corvel presented to its investors.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
CorVel Corporation is a company specializing in risk management solutions, primarily within the healthcare and insurance sectors, known for leveraging technology to enhance service delivery.
In its latest earnings report, CorVel Corporation announced a notable increase in both revenue and earnings per share for the quarter ending September 30, 2025. The company reported revenues of $240 million, up from $224 million in the same quarter of the previous year, and earnings per share of $0.54, compared to $0.45 in the prior year.
Key financial highlights from the report include a 7% increase in revenue and a 15% rise in gross profit, reaching $58.2 million. The company also ended the quarter with $207 million in cash and equivalents, with no borrowings, and repurchased $12.8 million of its common stock. CorVel is addressing workforce challenges by developing new talent and leveraging artificial intelligence to enhance operational efficiency and service quality.
Looking ahead, CorVel’s management remains optimistic, focusing on strategic investments in workforce development and technology to maintain its competitive edge and drive future growth. The company’s commitment to responsible AI practices and innovation positions it well for continued success in the evolving market landscape.