CorVel Corporation (CRVL)
NASDAQ:CRVL
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Earnings Data
Report Date
Aug 04, 2026TBA (Confirmed)
Period Ending
2027 (Q1)Consensus EPS Forecast
―Last Year’s EPS
0.53Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented multiple strong operational and financial positives: revenue and EPS growth (quarterly and fiscal), improved margins, robust new bookings (+56%) and pipeline expansion (RFPs +20%), cash generation, a debt-free balance sheet and aggressive share repurchases. Strategic wins for CERIS, expansion of prepaid solutions and continued AI/automation investments position the company for scalable growth. Offset risks include a higher effective tax rate, some one-time/timing-driven CERIS benefits that may not fully recur, only low single-digit growth in patient management, near-term staffing costs, and industry headwinds including rising claims severity and cybersecurity risks. Overall, the favorable results, expanding bookings and strong cash/return-of-capital program materially outweigh the noted challenges.Company Guidance
Quarterly Revenue Growth
March quarter revenues were $249 million, up 7% year-over-year from $232 million in March 2025.
Quarterly and Fiscal EPS Improvement
Earnings per share for the quarter were $0.61 vs $0.51 prior year. Fiscal year EPS was $2.14, a 17% increase from $1.83 in fiscal 2025.
Full-Year Revenue and Net Income Gains
Fiscal year 2026 revenues were $959 million, up 7% from $896 million. Net income was $110 million, described as nearly a 14% increase versus $95 million in fiscal 2025.
Strong Bookings and Pipeline Momentum
New bookings in the March quarter increased 56% year-over-year. RFP activity rose 20% year-over-year, indicating accelerating commercial momentum and pipeline expansion.
Network Solutions & CERIS Momentum
Network Solutions delivered double-digit revenue and profit growth driven by CERIS; CERIS contributed an incremental $0.02 of EPS and the company launched four large payer programs in 2026, including two new multiyear partnerships with top-10 national payers expected to scale over time.
Operational Efficiency and Margin Expansion
Operating margin improved to 15% for fiscal 2026, a 1.4 percentage-point improvement over 2025. General & administrative expenses decreased by $1.3 million in the fourth quarter and G&A fell from 10.6% of revenue to 9.4%.
Cash, Cash Flow and Balance Sheet Strength
Fiscal year-end cash balance was $233 million. Free cash flow was $66 million, up $7 million year-over-year. Company reports a debt-free balance sheet positioned to fund growth and M&A.
Significant Share Repurchases
Repurchased 872,744 shares for $56 million in FY2026 (366,306 shares for $20 million in Q4). Cumulative repurchases total 115.3 million shares for $868 million, representing 69% of outstanding shares at an average price of $7.70.
Working Capital Improvements
Day sales outstanding improved to 37 days in the March 2026 quarter, a 4-day improvement versus the prior year quarter.
Technology and AI Investment Roadmap
Continued investments in AI, automation, API-driven connectivity and platform integration (CorVel Connected and CERIS prepaid expansion) to improve accuracy, throughput and scalability and to support migration to shorter realization cycles (prepaid 1-2 months vs postpaid 6+ months).
CRVL Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
CRVL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 20, 2026 | $58.82 | $64.26 | +9.25% |
Feb 03, 2026 | $69.75 | $51.58 | -26.05% |
Nov 04, 2025 | $73.12 | $76.06 | +4.02% |
Aug 05, 2025 | $86.52 | $87.64 | +1.29% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does CorVel Corporation (CRVL) report earnings?
CorVel Corporation (CRVL) is schdueled to report earning on Aug 04, 2026, TBA (Confirmed).
What is CorVel Corporation (CRVL) earnings time?
CorVel Corporation (CRVL) earnings time is at Aug 04, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
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What is CRVL EPS forecast?
Currently, no data Available