CorVel Reports Strong Q3 & Nine-Month Financial Growth, Continues Substantial Share Repurchases

summarizeSummary

CorVel Corporation reported solid financial results for the third quarter and nine months ended December 31, 2025, with increased revenues, net income, and diluted EPS, alongside significant share repurchases.

check_boxKey Events

• Strong Nine-Month Financial Performance

  Revenues increased by 6.9% to $709.98 million, net income grew by 15.4% to $79.32 million, and diluted EPS rose by 15.9% to $1.53 for the nine months ended December 31, 2025, compared to the prior year.

• Solid Q3 Growth

  For the three months ended December 31, 2025, revenues increased by 3.4% to $235.63 million, net income by 1.7% to $24.17 million, and diluted EPS by 2.2% to $0.47.

• Increased Operating Cash Flow

  Net cash provided by operating activities significantly increased by 20.9% to $126.17 million for the nine months ended December 31, 2025.

• Substantial Share Repurchases Continue

  The company repurchased $13.4 million of its common stock in Q3 2025 and $36 million over the nine-month period, demonstrating a strong commitment to shareholder returns, with 2.11 million shares remaining authorized for repurchase.

auto_awesomeAnalysis

CorVel Corporation's 10-Q filing details solid financial performance for the third quarter and nine months ended December 31, 2025. The company demonstrated consistent growth in revenues, net income, and diluted EPS, alongside a significant increase in operating cash flow. Notably, CorVel continued its substantial share repurchase program, buying back $13.4 million in stock during the quarter and $36 million over the nine-month period. This commitment to returning capital to shareholders is a positive signal, especially as the stock is currently trading near its 52-week low. The filing follows a recent 8-K on February 3, 2026, which likely provided preliminary earnings, with this 10-Q offering the full, detailed financial statements.