CorVel Q3 gross profit rises to USD 54.92 million, up 3.9%

Reuters
Feb 06
CorVel Q3 gross profit rises to USD 54.92 million, up 3.9%

CorVel Corporation reported revenue of USD 235.63 million for the third quarter (Q3) ended December 31, 2025, marking a 3.4% increase. Gross profit for Q3 reached USD 54.92 million, an increase of 3.9%. Gross profit as a percentage of revenue was 23.3%. General and administrative expenses amounted to USD 22.68 million, representing 9.6% of revenue for the period. For the nine-month period ended December 31, 2025, CorVel Corporation recorded revenue of USD 709.98 million, up 6.9%. Gross profit for the nine months was USD 169.85 million, up 12.1%. Gross profit as a percentage of revenue for the nine months was 23.9%. General and administrative expenses for the nine-month period totaled USD 66.44 million, representing 9.4% of revenue. CorVel Corporation generates its revenue from providing patient management and network solutions services to payors of workers' compensation benefits, automobile insurance claims, and group health insurance benefits. The company noted that the increase in diluted earnings per share for Q3 was primarily driven by higher net income. Management also indicated that past operating results are not necessarily indicative of future performance and highlighted ongoing opportunities for growth and acquisitions. Forward-looking statements regarding anticipated future operating and financial performance were also provided by management.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CorVel Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-039480), on February 05, 2026, and is solely responsible for the information contained therein.

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