Dec 31, 2024

CorVel Q3 2025 Earnings Report

CorVel's revenue and earnings increased in Q3 2025.

Key Takeaways

CorVel Corporation reported a revenue increase of 13% to $228 million and earnings per share of $0.46 for the quarter ended December 31, 2024.

Revenue increased 13% to $228 million compared to the third quarter of fiscal year 2024.

Gross profit increased 25% to $52.9 million, with a gross margin of 23.2%.

Diluted earnings per share increased 39% to $0.46 compared to the third quarter of fiscal year 2024.

Ended the quarter with $163 million in cash and cash equivalents, with no borrowings.

Total Revenue
$228M
Previous year: $202M
+12.7%
EPS
$0.46
Previous year: $0.33
+39.4%
Gross Profit
$52.9M
Previous year: $42.2M
+25.4%
Cash and Equivalents
$163M
Previous year: $107M
+52.3%
Total Assets
$539M
Previous year: $445M
+21.1%

CorVel

CorVel