The filing shows consistent double-digit growth and margin expansion with a strong balance sheet and ongoing buyback. The lack of explicit forward guidance limits the immediate catalyst, but the operational momentum suggests sustained positive trends. Monitor the upcoming 10-Q for any guidance updates or commentary on the new Executive Advisory Services and CERIS expansion.
Price Chart
Executive Summary
CorVel reported Q1 FY2027 results with revenue of $260M (+11% YoY) and diluted EPS of $0.63 (+21% YoY), beating the prior year's levels. Gross margin expanded 190bps to 26.1%, operating income rose 23%, and the company ended the quarter with $256M cash and no debt, while repurchasing $21.8M of stock.
Key Financial Metrics
Key Facts
- Revenue $259.9M, up 11% from $234.7M in Q1 FY2026
- Diluted EPS $0.63, up 21% from $0.52
- Gross profit $67.8M (26.1% margin) vs $56.8M (24.2%)
- Operating income $43.3M, up 23% from $35.3M
- Cash $255.9M; no borrowings
- Repurchased $21.8M of common stock during the quarter
Financial Impact
Revenue grew 11% YoY to $260M, EPS increased 21% to $0.63, gross margin expanded 190bps to 26.1%
Risk Factors
- No forward guidance provided, leaving uncertainty about future quarters
- Potential healthcare regulatory changes could impact workers' compensation and payment integrity services
- Competitive pressures in the healthcare services and insurance technology space
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3339106 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 28, 2026 5w ago | Insider Cluster | $69.24 $68.23 | ▼ −1.46% | ▼ −1.57% | $75.47 (+9.00%) |
Aug 5, 2026 8w ago | Press Release | $62.57 $62.75 | ▲ +0.29% | ▼ −0.06% | $75.47 (+20.62%) |
Jun 26, 2026 14w ago | DEFA14A | $61.65 $63.89 | ▲ +3.63% | ▲ +2.25% | $75.47 (+22.42%) |
Jun 16, 2026 15w ago | Insider Cluster | $59.69 $59.69 | · 0.00% | ▲ +2.23% | $75.47 (+26.44%) |
Jun 11, 2026 16w ago | Insider Cluster | $60.34 $58.53 | ▼ −3.01% | ▼ −3.68% | $75.47 (+25.07%) |
Jun 11, 2026 16w ago | Insider Cluster | $60.34 $58.53 | ▼ −3.01% | ▼ −3.68% | $75.47 (+25.07%) |
Jun 10, 2026 16w ago | Insider Cluster | $60.79 $58.14 | ▼ −4.36% | ▼ −4.79% | $75.47 (+24.15%) |
Jun 2, 2026 17w ago | Press Release | $57.61 $61.11 | ▲ +6.08% | ▲ +9.04% | $75.47 (+31.00%) |
Jun 1, 2026 17w ago | 8-K | $57.61 $61.11 | ▲ +6.08% | ▲ +9.04% | $75.47 (+31.00%) |
Jun 1, 2026 17w ago | Press Release | $57.61 $61.11 | ▲ +6.08% | ▲ +9.04% | $75.47 (+31.00%) |
US Market Status
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