CorVel Posts Strong FY2026 Results: Revenue Up 7% to $959M, Net Income Jumps 14%
CRVL sits 43% above its 52-week low of $44.83 on elevated volume (1.9× avg).
Summary
CorVel reported robust financial results for FY2026, with revenue increasing 7% year-over-year to $959 million and net income rising 14% to $110 million. Q4 diluted EPS also grew to $0.61 from $0.51 in the prior year. This follows the 8-K filed on May 19th, which initially disclosed the strong performance. The company highlighted stronger revenue visibility from new CERIS contracts and ongoing investments in AI and automation to boost margins and efficiency, indicating continued positive momentum.
At the time of this announcement, CRVL was trading at $64.26 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $3.3B. The 52-week trading range was $44.83 to $117.22. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Wiseek News.