--- title: "CorVel | 8-K: FY2027 Q1 Revenue: USD 259.93 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/295045745.md" datetime: "2026-08-06T02:44:30.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/295045745.md) - [en](https://longbridge.com/en/news/295045745.md) - [zh-HK](https://longbridge.com/zh-HK/news/295045745.md) generator: "portal-rs" --- # CorVel | 8-K: FY2027 Q1 Revenue: USD 259.93 M Revenue: As of FY2027 Q1, the actual value is USD 259.93 M. EPS: As of FY2027 Q1, the actual value is USD 0.63. EBIT: As of FY2027 Q1, the actual value is USD 43.34 M. #### Revenues CorVel Corporation reported revenues of $260 million for the quarter ended June 30, 2026, representing an 11% increase compared to $235 million in the June quarter of 2025. Specifically, revenues were $259,925,000 for the quarter ended June 30, 2026, up from $234,711,000 for the quarter ended June 30, 2025. #### Gross Profit and Margin Gross profit increased 19% to $67.8 million for the quarter ended June 30, 2026, compared to $56.8 million in the first quarter of fiscal year 2026. The gross profit for the quarter ended June 30, 2026, was $67,794,000, achieving a gross margin of 26%. #### Net Income and Income from Operations Net income for the quarter ended June 30, 2026, was $32,225,000, an increase from $27,235,000 in the same quarter of the prior year. Income from operations for the quarter ended June 30, 2026, was $43,341,000, compared to $35,283,000 for the quarter ended June 30, 2025. #### Operating Costs Cost of revenues for the quarter ended June 30, 2026, was $192,131,000, up from $177,950,000 in the prior year’s quarter. General and administrative expenses were $24,453,000 for the quarter ended June 30, 2026, compared to $21,478,000 for the quarter ended June 30, 2025. #### Cash and Borrowings CorVel Corporation exited the quarter ended June 30, 2026, with $256 million in cash and cash equivalents, and no borrowings. The cash balance was $255,883,000 as of June 30, 2026, compared to $233,072,000 as of March 31, 2026. #### Stock Repurchase During the quarter, CorVel Corporation repurchased $21.8 million of common stock. Treasury stock as of June 30, 2026, was - $909,684,000, compared to - $887,716,000 as of March 31, 2026. #### Unique Metrics and Operational Highlights CorVel Corporation marked its 35th anniversary of Nasdaq listing during the quarter. The company expanded its support for workers’ compensation and liability clients by introducing Executive Advisory Services. Additionally, CERIS broadened its payment integrity capabilities through new client implementations and strategic investments. #### Outlook CorVel Corporation’s forward-looking statements indicate a focus on achieving improved payment accuracy and reducing costs. The company also aims to enhance program performance and achieve better outcomes through operational expertise combined with advanced technology. These statements are subject to various risks and uncertainties that could cause actual results to differ materially. ### Related Stocks - [CRVL.US](https://longbridge.com/en/quote/CRVL.US.md) ## Related News & Research - [CorVel VP of Accounting Jennifer Yoss disposes of 2,100 common shares worth $148,921.50](https://longbridge.com/en/news/296820422.md) - [CorVel (CRVL) Could Be 10% Below Fair Value On Strong Q1 Earnings](https://longbridge.com/en/news/295324511.md) - [Skye Bio amends 8-K to set Aug. 24 effective date for reverse stock split](https://longbridge.com/en/news/296471274.md) - [NAPC Defense announces availability of fiscal 2026 Form 10-K report](https://longbridge.com/en/news/296821941.md) - [Getty Realty amends 8-K to detail Eugene Shnayderman separation, including $300,000 cash payment](https://longbridge.com/en/news/296534890.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**