CORVEL CORP — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that CORVEL CORP filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Revenue
Total revenue from all business activities — the top line of the income statement. Represents all money earned before any expenses are deducted.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Mar 31, 2025 | $895.59M | May 23, 2025 |
| FY2025 | Mar 31, 2024 | $795.31M | May 23, 2025 |
| FY2025 | Mar 31, 2023 | $718.56M | May 23, 2025 |
Revenue
Revenue recognized from contracts with customers under ASC 606, excluding taxes collected on behalf of government authorities. This is the primary revenue concept for many companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Mar 31, 2025 | $895.59M | May 23, 2025 |
| FY2024 | Mar 31, 2024 | $207.23M | May 24, 2024 |
| FY2024 | Dec 31, 2023 | $202.30M | May 24, 2024 |
| FY2024 | Sep 30, 2023 | $195.52M | May 24, 2024 |
| FY2024 | Jun 30, 2023 | $190.25M | May 24, 2024 |
| FY2024 | Mar 31, 2023 | $185.44M | May 24, 2024 |
| FY2024 | Dec 31, 2022 | $179.39M | May 24, 2024 |
| FY2024 | Sep 30, 2022 | $177.43M | May 24, 2024 |
| FY2024 | Jun 30, 2022 | $176.31M | May 24, 2024 |
| FY2023 | Mar 31, 2022 | $171.36M | May 26, 2023 |
Revenue (Net Sales)
Net sales revenue — gross revenue less returns, allowances, and discounts. Used by many manufacturers and retailers as the primary top-line figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2012 | Mar 31, 2013 | $111.96M | Jun 10, 2013 |
| FY2012 | Dec 31, 2012 | $107.29M | Jun 10, 2013 |
| FY2012 | Sep 30, 2012 | $105.46M | Jun 10, 2013 |
| FY2012 | Jun 30, 2012 | $104.61M | Jun 10, 2013 |
| FY2012 | Mar 31, 2012 | $104.43M | Jun 10, 2013 |
| FY2012 | Dec 31, 2011 | $101.38M | Jun 10, 2013 |
| FY2012 | Sep 30, 2011 | $104.55M | Jun 10, 2013 |
| FY2012 | Jun 30, 2011 | $102.31M | Jun 10, 2013 |
Gross Profit
Revenue minus the cost of goods sold (COGS). Gross profit shows how much revenue remains to cover operating expenses, R&D, and administrative costs before calculating operating income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Mar 31, 2025 | $209.73M | May 23, 2025 |
| FY2024 | Mar 31, 2024 | $43.40M | May 24, 2024 |
| FY2024 | Dec 31, 2023 | $42.16M | May 24, 2024 |
| FY2024 | Sep 30, 2023 | $44.25M | May 24, 2024 |
| FY2024 | Jun 30, 2023 | $41.88M | May 24, 2024 |
| FY2024 | Mar 31, 2023 | $41.95M | May 24, 2024 |
| FY2024 | Dec 31, 2022 | $40.35M | May 24, 2024 |
| FY2024 | Sep 30, 2022 | $36.09M | May 24, 2024 |
| FY2024 | Jun 30, 2022 | $39.87M | May 24, 2024 |
| FY2023 | Mar 31, 2022 | $43.05M | May 26, 2023 |
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Mar 31, 2025 | $95.17M | May 23, 2025 |
| FY2024 | Mar 31, 2024 | $19.45M | May 24, 2024 |
| FY2024 | Dec 31, 2023 | $17.10M | May 24, 2024 |
| FY2024 | Sep 30, 2023 | $19.90M | May 24, 2024 |
| FY2024 | Jun 30, 2023 | $19.81M | May 24, 2024 |
| FY2024 | Mar 31, 2023 | $18.17M | May 24, 2024 |
| FY2024 | Dec 31, 2022 | $16.85M | May 24, 2024 |
| FY2024 | Sep 30, 2022 | $14.66M | May 24, 2024 |
| FY2024 | Jun 30, 2022 | $16.69M | May 24, 2024 |
| FY2023 | Mar 31, 2022 | $19.64M | May 26, 2023 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Mar 31, 2025 | $127.32M | May 23, 2025 |
| FY2025 | Mar 31, 2024 | $99.24M | May 23, 2025 |
| FY2025 | Mar 31, 2023 | $82.29M | May 23, 2025 |
| FY2024 | Mar 31, 2022 | $67.22M | May 24, 2024 |
| FY2023 | Mar 31, 2021 | $94.38M | May 26, 2023 |
| FY2022 | Mar 31, 2020 | $80.83M | May 27, 2022 |
| FY2021 | Mar 31, 2019 | $78.64M | May 28, 2021 |
| FY2020 | Mar 31, 2018 | $62.15M | Jun 10, 2020 |
| FY2019 | Mar 31, 2017 | $52.05M | Jun 7, 2019 |
| FY2018 | Mar 31, 2016 | $51.31M | Jun 8, 2018 |
Capital Expenditures (Capex)
Cash spent on acquiring or upgrading physical assets — property, equipment, and infrastructure. High capex businesses include manufacturing, telecom, and energy companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Mar 31, 2025 | $35.76M | May 23, 2025 |
| FY2025 | Mar 31, 2024 | $29.24M | May 23, 2025 |
| FY2025 | Mar 31, 2023 | $26.32M | May 23, 2025 |
| FY2024 | Mar 31, 2022 | $29.82M | May 24, 2024 |
| FY2023 | Mar 31, 2021 | $17.24M | May 26, 2023 |
| FY2022 | Mar 31, 2020 | $32.36M | May 27, 2022 |
| FY2021 | Mar 31, 2019 | $15.27M | May 28, 2021 |
| FY2020 | Mar 31, 2018 | $27.69M | Jun 10, 2020 |
| FY2019 | Mar 31, 2017 | $31.04M | Jun 7, 2019 |
| FY2018 | Mar 31, 2016 | $16.76M | Jun 8, 2018 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Mar 31, 2025 | $545.98M | May 23, 2025 |
| FY2025 | Mar 31, 2024 | $454.68M | May 23, 2025 |
| FY2024 | Mar 31, 2023 | $393.92M | May 24, 2024 |
| FY2023 | Mar 31, 2022 | $415.25M | May 26, 2023 |
| FY2022 | Mar 31, 2021 | $424.76M | May 27, 2022 |
| FY2021 | Mar 31, 2020 | $416.26M | May 28, 2021 |
| FY2020 | Mar 31, 2019 | $318.02M | Jun 10, 2020 |
| FY2019 | Mar 31, 2018 | $274.00M | Jun 7, 2019 |
| FY2018 | Mar 31, 2017 | $235.38M | Jun 8, 2018 |
| FY2017 | Mar 31, 2016 | $220.27M | Jun 9, 2017 |
Total Liabilities
All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Mar 31, 2025 | $223.99M | May 23, 2025 |
| FY2025 | Mar 31, 2024 | $207.03M | May 23, 2025 |
| FY2024 | Mar 31, 2023 | $191.75M | May 24, 2024 |
| FY2023 | Mar 31, 2022 | $202.85M | May 26, 2023 |
| FY2022 | Mar 31, 2021 | $204.36M | May 27, 2022 |
| FY2021 | Mar 31, 2020 | $226.55M | May 28, 2021 |
| FY2020 | Mar 31, 2019 | $123.21M | Jun 10, 2020 |
| FY2019 | Mar 31, 2018 | $102.83M | Jun 7, 2019 |
| FY2018 | Mar 31, 2017 | $96.74M | Jun 8, 2018 |
| FY2017 | Mar 31, 2016 | $88.32M | Jun 9, 2017 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Mar 31, 2025 | $321.99M | May 23, 2025 |
| FY2025 | Mar 31, 2024 | $247.65M | May 23, 2025 |
| FY2025 | Mar 31, 2023 | $202.18M | May 23, 2025 |
| FY2025 | Mar 31, 2022 | $212.40M | May 23, 2025 |
| FY2024 | Mar 31, 2021 | $220.40M | May 24, 2024 |
| FY2023 | Mar 31, 2020 | $189.71M | May 26, 2023 |
| FY2022 | Mar 31, 2019 | $194.81M | May 27, 2022 |
| FY2021 | Mar 31, 2018 | $171.18M | May 28, 2021 |
| FY2020 | Mar 31, 2017 | $138.65M | Jun 10, 2020 |
| FY2019 | Mar 31, 2016 | $131.95M | Jun 7, 2019 |
Goodwill
An intangible asset representing the premium paid above fair value when acquiring another company. A large goodwill balance signals a history of acquisitions at premium prices.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Mar 31, 2025 | $36.81M | May 23, 2025 |
| FY2025 | Mar 31, 2024 | $36.81M | May 23, 2025 |
| FY2024 | Mar 31, 2023 | $36.81M | May 24, 2024 |
| FY2023 | Mar 31, 2022 | $36.81M | May 26, 2023 |
| FY2022 | Mar 31, 2021 | $36.81M | May 27, 2022 |
| FY2021 | Mar 31, 2020 | $36.81M | May 28, 2021 |
| FY2020 | Mar 31, 2019 | $36.81M | Jun 10, 2020 |
| FY2019 | Mar 31, 2018 | $36.81M | Jun 7, 2019 |
| FY2018 | Mar 31, 2017 | $36.81M | Jun 8, 2018 |
| FY2017 | Mar 31, 2016 | $36.81M | Jun 9, 2017 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Mar 31, 2025 | $903.09M | May 23, 2025 |
| FY2025 | Mar 31, 2024 | $807.92M | May 23, 2025 |
| FY2024 | Mar 31, 2023 | $731.67M | May 24, 2024 |
| FY2023 | Mar 31, 2022 | $665.30M | May 26, 2023 |
| FY2022 | Mar 31, 2021 | $598.89M | May 27, 2022 |
| FY2021 | Mar 31, 2020 | $552.54M | May 28, 2021 |
| FY2020 | Mar 31, 2019 | $505.16M | Jun 10, 2020 |
| FY2019 | Mar 31, 2018 | $458.46M | Jun 7, 2019 |
| FY2018 | Mar 31, 2017 | $422.76M | Jun 8, 2018 |
| FY2017 | Mar 31, 2016 | $393.28M | Jun 9, 2017 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Mar 31, 2025 | $170.58M | May 23, 2025 |
| FY2025 | Mar 31, 2024 | $105.56M | May 23, 2025 |
| FY2024 | Mar 31, 2023 | $71.33M | May 24, 2024 |
| FY2023 | Mar 31, 2022 | $97.50M | May 26, 2023 |
| FY2022 | Mar 31, 2021 | $139.72M | May 27, 2022 |
| FY2021 | Mar 31, 2020 | $83.22M | May 28, 2021 |
| FY2020 | Mar 31, 2019 | $91.71M | Jun 10, 2020 |
| FY2019 | Mar 31, 2018 | $55.77M | Jun 7, 2019 |
| FY2018 | Mar 31, 2017 | $28.61M | Jun 8, 2018 |
| FY2018 | Mar 31, 2016 | $32.78M | Jun 8, 2018 |
EPS (Basic)
Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Mar 31, 2025 | 1 | May 23, 2025 |
| FY2024 | Mar 31, 2024 | 1 | May 24, 2024 |
| FY2024 | Dec 31, 2023 | 1 | May 24, 2024 |
| FY2024 | Sep 30, 2023 | 1 | May 24, 2024 |
| FY2024 | Jun 30, 2023 | 1 | May 24, 2024 |
| FY2024 | Mar 31, 2023 | 1 | May 24, 2024 |
| FY2024 | Dec 31, 2022 | 0 | May 24, 2024 |
| FY2024 | Sep 30, 2022 | 0 | May 24, 2024 |
| FY2024 | Jun 30, 2022 | 0 | May 24, 2024 |
| FY2023 | Mar 31, 2022 | 1 | May 26, 2023 |
EPS (Diluted)
Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Mar 31, 2025 | 1 | May 23, 2025 |
| FY2024 | Mar 31, 2024 | 1 | May 24, 2024 |
| FY2024 | Dec 31, 2023 | 0 | May 24, 2024 |
| FY2024 | Sep 30, 2023 | 1 | May 24, 2024 |
| FY2024 | Jun 30, 2023 | 1 | May 24, 2024 |
| FY2024 | Mar 31, 2023 | 1 | May 24, 2024 |
| FY2024 | Dec 31, 2022 | 0 | May 24, 2024 |
| FY2024 | Sep 30, 2022 | 0 | May 24, 2024 |
| FY2024 | Jun 30, 2022 | 0 | May 24, 2024 |
| FY2023 | Mar 31, 2022 | 1 | May 26, 2023 |
Shares Outstanding
Total common shares issued and held by all shareholders, excluding treasury shares. Combined with market price gives market capitalization.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Mar 31, 2025 | 51.36M | May 23, 2025 |
| FY2025 | Mar 31, 2024 | 51.39M | May 23, 2025 |
| FY2024 | Mar 31, 2023 | 17.17M | May 24, 2024 |
| FY2023 | Mar 31, 2022 | 17.57M | May 26, 2023 |
| FY2022 | Mar 31, 2021 | 17.88M | May 27, 2022 |
| FY2021 | Mar 31, 2020 | 17.97M | May 28, 2021 |
| FY2020 | Mar 31, 2019 | 18.56M | Jun 10, 2020 |
| FY2019 | Mar 31, 2018 | 18.91M | Jun 7, 2019 |
| FY2018 | Mar 31, 2017 | 18.94M | Jun 8, 2018 |
| FY2017 | Mar 31, 2016 | 19.56M | Jun 9, 2017 |