CRVL

Earlier this week, CorVel Corporation reported fourth-quarter and full-year 2026 results showing higher sales and earnings, alongside completing a US$20.1 million share repurchase of 346,887 shares between January and March. Beyond headline growth, management emphasized strong momentum in its Network Solutions and CERIS health divisions, underpinned by expanding AI-enabled and automation-focused offerings for payment accuracy and claims management. We’ll now examine how this combination of earnings growth and AI-driven Network Solutions expansion shapes CorVel’s broader investment narrative. Capitalize on the AI infrastructure supercycle with our selection of the 46 best 'picks and shovels' of the AI gold rush converting record-breaking demand into massive cash flow. For someone considering CorVel, the big picture is about believing in a tech-enabled, niche healthcare services company that is already profitable and trying to deepen its edge in payment accuracy and workers’ comp claims. The latest results, with higher sales and earnings plus a healthy US$233 million cash balance and no debt, reinforce that this is currently an earnings and cash generative story rather than a speculative one. The Q4 report also sharpened the near term catalysts: execution on AI-powered CorVel Connected, continued momentum in Network Solutions and CERIS, and conversion of new contracts into revenue now look more central than macro factors. The recent US$20.1 million buyback and stronger share price over the past quarter support the case that management is confident, but they do not fundamentally change the main risks, which still center on execution, client concentration and valuation after a large multi-year drawdown. However, one operational risk tied to CorVel’s rapid push into AI-enabled solutions may surprise some investors. CorVel's shares have been on the rise but are still potentially undervalued. Find out how large the opportunity might be. The Simply Wall St Community currently offers 1 fair value estimate clustered at about US$65 per share, highlighting how even a single perspective can differ from market pricing. Set against CorVel’s reliance on successful AI integration and large payer contracts, these community views remind you that performance expectations and risk assessments can vary widely, and it is worth weighing several angles before forming your own view....

This article first appeared on GuruFocus. Quarterly Revenue: $249 million, a 7% increase from $232 million in the March 2025 quarter. Quarterly Earnings Per Share (EPS): $0.61, up from $0.51 in the same period of the previous year. Fiscal Year Revenue: $959 million, a 7% increase from $896 million in the prior fiscal year. Fiscal Year Earnings Per Share (EPS): $2.14, a 17% increase from $1.83 for the fiscal year ended March 31, 2025. Net Income for Fiscal Year 2026: $110 million, a 14% increase over fiscal year 2025. Fourth Quarter Net Income: $31 million, $5 million higher than the same quarter of fiscal year 2025. Operating Margin for Fiscal Year 2026: 15%, an improvement of 1.4% over 2025. General and Administrative Expenses: Decreased by $1.3 million in the fourth quarter compared to the same quarter of fiscal year 2025. Share Repurchase: 872,744 shares repurchased at a cost of $56 million during fiscal year 2026. Days Sales Outstanding: 37 days in the March 2026 quarter, an improvement of 4 days compared to the previous year. Cash Balance at Fiscal Year-End: $233 million. Free Cash Flow: $66 million, a $7 million increase compared to fiscal year 2025. Warning! GuruFocus has detected 3 Warning Signs with PERI. Is CRVL fairly valued? Test your thesis with our free DCF calculator. Release Date: May 20, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. CorVel Corp (NASDAQ:CRVL) reported a 7% increase in March quarter revenues, reaching $249 million compared to $232 million in the previous year. Earnings per share for the quarter rose to $0.61, up from $0.51 in the same period of the previous year. Network Solutions delivered strong results with double-digit revenue and profit growth, driven by continued momentum across its offerings. New bookings in the March quarter increased 56% year-over-year, indicating high demand and accelerating commercial momentum. CorVel Corp (NASDAQ:CRVL) has a robust and debt-free balance sheet, positioning the company well for strategic product expansion and technological advancement. The effective tax rate increased compared to the prior year, impacting earnings growth. Personnel levels increased to support service delivery, which may affect short-term operational costs. The company is facing rising claims severity and increased medical costs due to an aging workforce and...

FORT WORTH, Texas (AP) — FORT WORTH, Texas (AP) — CorVel Corp. (CRVL) on Wednesday reported earnings of $31 million in its fiscal fourth quarter. On a per-share basis, the Fort Worth, Texas-based company said it had profit of 61 cents. The health care management company posted revenue of $248.5 million in the period. For the year, the company reported profit of $110.3 million, or $2.14 per share. Revenue was reported as $958.5 million. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CRVL at https://www.zacks.com/ap/CRVL

Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Performance was driven by strong momentum in Network Solutions, particularly within CERIS, which benefited from accelerated post-payment recoveries and large payer engagements. Management is observing a market shift from reactive claim correction to proactive payment accuracy, prompting a strategic focus on expanding prepaid solutions. Patient Management growth reflected stable demand, though results were tempered by targeted investments in personnel and service quality to support new implementations. Rising claim severity and medical complexity in workers' compensation are driving demand for integrated, outcome-focused models over traditional transactional cost management. The 'CorVel Connected' interface is being positioned as a unified operating model that integrates real-time data across claims, clinical, and pharmacy workflows. Operational leverage is being pursued through the deployment of AI-enabled workflow enhancements designed to reduce reliance on manual processes as deployments mature. The company is rearchitecting the claims process around actionable intelligence, using AI to augment clinical professionals rather than replacing them. The launch of four large payer programs, including two top 10 national payers, is expected to contribute meaningfully to revenue and profit in the second half of the calendar year. Management expects personnel levels to normalize as recent implementations mature and automation initiatives are deployed through the remainder of the year and into 2027. The transition toward prepaid solutions is expected to shorten the revenue realization cycle from over six months to approximately one to two months. Ongoing investments in AI and API-driven connectivity are intended to improve throughput and ensure regulatory alignment across the evolving healthcare ecosystem. The company intends to maintain its share repurchase program, funded by strong operating cash flow and a debt-free balance sheet. One stock. Nvidia-level potential. 30M+ investors trust Moby to find it first. Get the pick. Tap here. One-time events within CERIS, specifically timing-related post-payment recoveries, added $0.02 to earnings per share during the period. The effective tax rate increased year-over-year...

Interested in CorVel Corp.? Here are five stocks we like better. CorVel posted solid fiscal 2026 growth, with revenue up 7% to $959 million and EPS up 17% to $2.14. In the March quarter, revenue rose 7% year over year to $249 million and EPS increased to $0.61. Network Solutions and new bookings were major growth drivers, as the segment delivered double-digit revenue and profit gains and quarterly bookings jumped 56% year over year. Management said several large, multi-year payer wins should support revenue and profit growth in the back half of the year and beyond. Profitability improved and CorVel kept returning cash to shareholders, with fiscal 2026 operating margin rising to 15% and free cash flow reaching $66 million. The company also repurchased $56 million of stock during the year and ended with $233 million in cash and no debt. CorVel (NASDAQ:CRVL) said revenue and earnings increased in its March quarter and fiscal 2026, as growth in its Network Solutions business, stronger bookings and operating efficiency helped offset a higher effective tax rate. President and Chief Executive Officer Michael Combs opened the call by saying the company would review its March quarter and fiscal year results, business performance, market trends and progress on product and service offerings. Chief Financial Officer Brian Nichols said March quarter revenue was $249 million, up 7% from $232 million in the March 2025 quarter. Earnings per share for the quarter ended March 31, 2026, were $0.61, compared with $0.51 a year earlier. → Vertical Aerospace: Pre-Flight Checks Point to a Breakout For fiscal 2026, revenue was $959 million, up 7% from $896 million in the prior fiscal year. Earnings per share rose 17% to $2.14 from $1.83 for the fiscal year ended March 31, 2025. Nichols said the company’s effective tax rate increased compared with the prior year, which had included a discrete benefit from stock option exercises that did not recur at similar levels. Nichols said Network Solutions delivered “strong results” in the fiscal year, with double-digit revenue and profit growth. He cited continued momentum across the segment’s offerings and execution in both property and casualty and commercial health. → The Pentagon's AI Pivot Supercharges Defense Stocks Results in Network Solutions included the impact of certain one-time events, primarily within CERiS, which contributed to e...

FORT WORTH, Texas, May 20, 2026 (GLOBE NEWSWIRE) -- CorVel Corporation (NASDAQ: CRVL) announced the results for the quarter and fiscal year ended March 31, 2026. Revenues for the fiscal year ended March 31, 2026 were $959 million, a 7% increase from $896 million during the fiscal year ended March 31, 2025. Earnings per share for the fiscal year ended March 31, 2026 were $2.14, up 17% compared to $1.83 during the fiscal year ended March 31, 2025. Revenues for the quarter were $249 million, an increase from $232 million in the March quarter of 2025. Earnings per share for the quarter were $0.61, up 20% compared to $0.51 in the same quarter of the prior year. Fourth Quarter Fiscal Year 2026 Highlights Revenue increased 7% to $249 million, compared to fourth quarter of fiscal year 2025. Gross profit increased 9% to $63.0 million, at 25% gross margin, compared to fourth quarter of fiscal year 2025 gross profit of $58.0 million. Exited the quarter with $233 million of cash, cash equivalents, and no borrowings. The Company repurchased $20.1 million of common stock during the quarter. CERIS, CorVel’s health division, is benefiting from the healthcare industry’s shift toward proactive payment accuracy and cost management, with strong demand for its integrated prepay and post-pay platform that improves claims accuracy, reduces administrative burden, and enhances revenue visibility. During the quarter, multiple large payer sales with enterprise-scale implementations reflect the strength of the value proposition and provide increased revenue visibility as they are deployed and scaled over time. As adoption of prepay solutions expands, CERIS is accelerating revenue realization cycles while maintaining strong margin profiles, supported by ongoing investment in AI and automation. Within workers’ compensation and risk management, P&C services are advancing its technology-enabled, clinically integrated model through the CorVel ConnectedTM interface within its proprietary CareMC platform. By combining AI, real-time data integration, and embedded clinical expertise, CorVel is improving decision-making support, operational efficiency, and claim outcomes across the lifecycle of a claim. Ongoing investments in automation, telemedicine, cybersecurity, and API-driven connectivity further strengthen scalability and the Company’s ability to deliver consistent clinical and financial r...

Image source: The Motley Fool. Wednesday, May 20, 2026 at 11:30 a.m. ET President & CEO — Michael Combs Chief Financial Officer — Brian Nichols [Role Unspecified] — Unknown Executive Need a quote from a Motley Fool analyst? Email [email protected] Brian Nichols: Thank you, Michael, and good morning, everyone. The March quarter revenues were $249 million, an increase of 7% compared to $232 million in the March 2025 quarter. Earnings per share for the quarter ended March 31, 2026 were $0.61, up from $0.51 in the same period of the previous year. . For the fiscal year 2026, revenues were $959 million, up 7% from $896 million in the prior fiscal year, and earnings per share was $2.14, an increase of 17% compared to $1.83 for the fiscal year ended March 31, 2025. The effective tax rate increased compared to the prior year, which included a discrete benefit from stock option exercises that did not recur at similar levels. For the fiscal year, Network Solutions delivered strong results with double-digit revenue and profit growth driven by continued momentum across its offerings and solid execution in both property and casualty and commercial health. Results within Network Solutions included the impact of certain onetime events primarily within CERIS, which contributed in part to elevated revenue and profit during the period and added $0.02 of earnings per share. This performance was driven by accelerated post-payment recoveries associated with large payer engagement reflecting a timing-related benefit. Importantly, this engagement, along with these additional large payer wins, is expected to contribute to ongoing revenue and profit tailwinds as these programs scale and mature. Patient management generated low single-digit revenue and profit growth, reflecting a stable demand environment and consistent focus on operational efficiency. The company is making targeted investments to enhance service quality and consistency as a key differentiator, while advancing systems and technology to support more scalable delivery. Personnel levels increased during the period to support service delivery and implementation activity reflecting near-term execution priorities. These levels are expected to normalize as deployments mature and as automation and AI-enabled workflow enhancements are deployed through the remainder of the year and into 2027, the company expects to realize sustained...

CorVel (CRVL) reported fiscal Q4 earnings Wednesday of $0.61 per diluted share, up from $0.51 a year

The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was up 0.4% and the actively trad

FORT WORTH, Texas, May 12, 2026 (GLOBE NEWSWIRE) -- CorVel Corporation (NASDAQ: CRVL), a leading provider of innovative risk management solutions, is pleased to announce that it will host a live webcast to discuss its upcoming quarterly and fiscal earnings results on Wednesday, May 20, 2026, at 11:30 AM Eastern Time. The webcast will feature a discussion of CorVel’s financial performance, strategic initiatives, and outlook, led by Michael Combs, President and Chief Executive Officer, alongside Brian Nichols, Chief Financial Officer. The event will also include a dedicated question-and-answer session for attendees. Webcast Details: Date: Wednesday, May 20, 2026 Time: 11:30 AM ET Access: The live webcast can be accessed via Webcast | CorVel Quarterly Earnings Report. A replay of the webcast will be available shortly after the event. Investors, analysts, and interested parties are encouraged to join the webcast to gain insights into CorVel’s performance. Questions may be submitted in advance to [email protected]. 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. 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 stateme...

CorVel posted modest December‑quarter growth with revenue of $236 million (+3% Y/Y) and EPS of $0.47, while nine‑month revenue was $710 million (+7%) and YTD EPS $1.53 (+16%); management said short‑term operational factors and a normalized effective tax rate tempered results. Leadership highlighted continued investment in AI and automation and a late‑June technology acquisition that is already boosting efficiency and capabilities across commercial health, claims management and CERIS payment‑integrity services. CorVel ended the quarter debt‑free with $230 million in cash and fiscal YTD free cash flow of $90 million, and continued share repurchases (185,559 shares for $13.4 million this quarter; 114.9 million shares repurchased for $868 million to date, ~69% of shares outstanding). Interested in CorVel Corp.? Here are five stocks we like better. CorVel (NASDAQ:CRVL) reported modest growth in the December 2025 quarter, with management pointing to short-term operational factors rather than a shift in the company’s underlying business fundamentals. Executives also highlighted continued investment in artificial intelligence and automation, a technology-focused acquisition completed in late June, and several market trends they believe are creating opportunities in workers’ compensation and healthcare payment integrity. Chief Financial Officer Brian Nichols said revenue for the nine months ended December 31, 2025, was $710 million, up 7% from $664 million in the prior-year period. Year-to-date earnings per share were $1.53, an increase of 16% from $1.32 for the nine months ended December 31, 2024. → Insiders Rang in the New Year Selling These Stocks, Buyers Beware For the December 2025 quarter, CorVel posted revenue of $236 million, up 3% from $228 million in the December 2024 quarter. Earnings per share were $0.47, compared with $0.46 a year earlier. Nichols noted that earnings-per-share comparisons were adjusted to account for a three-for-one stock split reported in December 2024. He also said that in comparing the December quarters, the allocation of general and administrative expenses declined to 9.6% from 9.7%, while margin improved to 23.3% from 23.2%. However, an increase in the company’s effective tax rate “did temper earnings results.” → Mag 7 Outlook: What Apple, Microsoft, Meta, and Tesla Just Told Us Operations generated net income of $24.1 million for t...