CorVel Corporation Reports Strong Revenue and Earnings Growth

Corvel ( (CRVL) ) has released its Q4 earnings. Here is a breakdown of the information Corvel presented to its investors.

CorVel Corporation, a company specializing in risk management and healthcare solutions, operates within the insurance and healthcare sectors, known for its innovative use of technology to streamline operations.

In its latest earnings report, CorVel Corporation announced a significant increase in both quarterly and annual revenues and earnings per share, reflecting strong financial performance and strategic advancements.

For the quarter ending March 31, 2025, CorVel reported revenues of $232 million, marking a 12% increase from the previous year. The company’s gross profit also saw a substantial rise of 34%, reaching $58 million. Earnings per share for the quarter increased by 38% to $0.51. On an annual basis, revenues grew to $896 million, with earnings per share climbing to $1.83, both reflecting healthy growth compared to the prior fiscal year. Notably, CorVel ended the quarter with $171 million in cash and no debt, alongside a $9 million stock repurchase.

Strategically, CorVel continues to invest in artificial intelligence to enhance its communication and billing platforms, aiming to improve efficiency and reduce costs. The company also launched a new strategic platform partnership in the health market, aligning with its long-term strategy of combining organic growth with external partnerships.

Looking ahead, CorVel remains focused on leveraging technology to drive productivity and efficiency across its operations, positioning itself for continued growth in the evolving healthcare and insurance landscapes.