The Tip Desk

CORVEL CORP

Company Stats

Market Cap
$3.8B
as of Sep 30, 2026
Shares Outstanding
50.5M
Free Float
17.8%

Income Statement

Revenue
$958.5M
Net Income
$110.3M
Revenue Growth, 3Y
10.1%
FCF Margin, 3Y Avg
10.2%
FCF Margin, Worst Year
8.8%

Cash Flow

Free Cash Flow
$110.3M
FCF Yield
2.9%
Owner FCF Yield
2.8%

Balance Sheet

Cash & Equivalents
$233.1M

Returns & Capital

Share Repurchases
$56.2M
Buyback Yield, 3Y Avg
1.2%
SBC, 3Y Avg
$5.4M

Cash Flow by Year

YearRevenueFCFMargin
FY2026$958.5M$110.3M11.5%
FY2025$895.6M$91.6M10.2%
FY2024$795.3M$70.0M8.8%
FY2023$718.6M$56.0M7.8%
FY2022$646.2M$37.4M5.8%

Annual filing data through FY ended March 31, 2026; shares and float as of October 23, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage