- CorVel Corporation reported **Q2 2026 (September quarter 2025) revenues of $240 million**, a **7% increase** compared to **$224 million** in the September 2024 quarter, with **earnings per share (EPS) of $0.54**, up **20%** from **$0.45** in the prior year's same quarter.  **[0000874866_2231895_0]** 
- Revenue growth was primarily driven by both **patient management** (contributing approximately **$4 million** in revenue growth) and **network solution segments** (increasing by **$12 million**).  **[0000874866_2231895_3]** 
- The company is actively leveraging **agentic AI** to enhance productivity, reduce costs, accelerate decision-making, and improve systems, while also investing in talent development through **CorVel University**.  **[0000874866_2231895_1]** 
- CorVel maintained a **strong, debt-free balance sheet** with a quarter-ending **cash balance of $207 million** and repurchased **143,774 shares** for **$12.8 million** during the quarter.  **[0000874866_2231895_3]** 
- **Brian Nichols** was welcomed as CorVel's new Chief Financial Officer.  **[0000874866_2231895_0]**

CorVel Reports Q2 2026 Financial Results, Announces New CFO, and Highlights AI Initiatives

- CorVel Corporation reported **revenue of $240 million** for the quarter ended September 30, 2025, representing a **7% increase** from the prior year's second quarter.  **[874866_68cb719d1aab4b19a608f3534533c5d1_0]**  For the six months ended September 30, 2025, revenues totaled **$474 million**.  **[874866_68cb719d1aab4b19a608f3534533c5d1_0]** 
- **Diluted earnings per share (EPS) increased 20% to $0.54** for the quarter ended September 30, 2025, compared to $0.45 in the same period last year.  **[874866_68cb719d1aab4b19a608f3534533c5d1_0]**  Six-month diluted EPS reached **$1.06**, up from $0.87 in the prior year period.  **[874866_68cb719d1aab4b19a608f3534533c5d1_0]** 
- **Gross profit rose 15% to $58.2 million** for the quarter, achieving a **24% gross margin**.  **[874866_68cb719d1aab4b19a608f3534533c5d1_0]** 
- The company concluded the quarter with **$207 million in cash and cash equivalents** and **no borrowings**, and **repurchased $12.8 million of common stock** during the quarter.  **[874866_68cb719d1aab4b19a608f3534533c5d1_0]**

CorVel Announces Second Quarter Fiscal Year 2026 Results

- CorVel Corporation reported **revenues of $240 million** for the quarter ended September 30, 2025, an increase from **$224 million** in the September quarter of 2024.  **[874866_0001193125-25-263061_crvl-ex99_1.htm:0]** **[874866_0001193125-25-263061_crvl-ex99_1.htm:1]** 
- Diluted **earnings per share increased 20% to $0.54** for the quarter ended September 30, 2025, compared to $0.45 in the same quarter of the prior year.  **[874866_0001193125-25-263061_crvl-ex99_1.htm:0]** **[874866_0001193125-25-263061_crvl-ex99_1.htm:1]** 
- For the six months ended September 30, 2025, revenues were **$474 million** and diluted earnings per share were **$1.06**.  **[874866_0001193125-25-263061_crvl-ex99_1.htm:0]** **[874866_0001193125-25-263061_crvl-ex99_1.htm:1]** 
- The company ended the quarter with **$207 million of cash**, cash equivalents, and no borrowings.  **[874866_0001193125-25-263061_crvl-ex99_1.htm:0]** **[874866_0001193125-25-263061_crvl-ex99_1.htm:2]** 
- CorVel repurchased **$12.8 million of common stock** during the quarter.  **[874866_0001193125-25-263061_crvl-ex99_1.htm:0]**

CORVEL (CRVL)