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CorVel (CRVL) Revenue & Revenue Breakdown

OverviewOwnershipFinancialsChart

CorVel Revenue Highlights

Latest Revenue (Y)

$795.31M

Latest Revenue (Q)

$224.38M

Main Segment (Y)

Patient Management Services

CorVel Revenue by Period

CorVel Revenue by Year

DateRevenueChange
2024-03-31$795.31M10.68%
2023-03-31$718.56M11.19%
2022-03-31$646.23M16.93%
2021-03-31$552.64M-6.68%
2020-03-31$592.23M-0.59%
2019-03-31$595.74M6.70%
2018-03-31$558.35M7.65%
2017-03-31$518.69M3.00%
2016-03-31$503.58M2.22%
2015-03-31$492.63M2.88%
2014-03-31$478.82M11.53%
2013-03-31$429.31M4.03%
2012-03-31$412.67M8.41%
2011-03-31$380.67M12.63%
2010-03-31$337.97M-

CorVel generated $795.31M in revenue during NA 2023, up 10.68% compared to the previous quarter, and up 133.50% compared to the same period a year ago.

CorVel Revenue by Quarter

DateRevenueChange
2024-09-30$224.38M5.98%
2024-06-30$211.72M2.17%
2024-03-31$207.23M2.44%
2023-12-31$202.30M3.47%
2023-09-30$195.52M2.77%
2023-06-30$190.25M2.59%
2023-03-31$185.44M3.38%
2022-12-31$179.39M1.10%
2022-09-30$177.43M0.63%
2022-06-30$176.31M2.89%
2022-03-31$171.36M4.16%
2021-12-31$164.51M4.29%
2021-09-30$157.74M3.36%
2021-06-30$152.62M4.89%
2021-03-31$145.51M2.83%
2020-12-31$141.51M4.03%
2020-09-30$136.03M4.96%
2020-06-30$129.60M-11.85%
2020-03-31$147.02M-0.72%
2019-12-31$148.09M0.76%
2019-09-30$146.97M-2.11%
2019-06-30$150.14M-0.63%
2019-03-31$151.08M3.42%
2018-12-31$146.08M-1.41%
2018-09-30$148.18M-1.48%
2018-06-30$150.40M4.75%
2018-03-31$143.57M2.02%
2017-12-31$140.73M3.15%
2017-09-30$136.43M-0.86%
2017-06-30$137.61M3.00%
2017-03-31$133.60M4.05%
2016-12-31$128.40M0.14%
2016-09-30$128.22M-0.19%
2016-06-30$128.46M0.13%
2016-03-31$128.29M3.55%
2015-12-31$123.89M-0.46%
2015-09-30$124.46M-1.95%
2015-06-30$126.94M3.88%
2015-03-31$122.19M-0.13%
2014-12-31$122.35M-1.10%
2014-09-30$123.71M-0.52%
2014-06-30$124.36M3.42%
2014-03-31$120.25M-0.70%
2013-12-31$121.10M1.46%
2013-09-30$119.36M1.05%
2013-06-30$118.11M5.50%
2013-03-31$111.96M4.35%
2012-12-31$107.29M1.73%
2012-09-30$105.46M0.81%
2012-06-30$104.61M0.17%
2012-03-31$104.43M3.00%
2011-12-31$101.38M-3.03%
2011-09-30$104.55M2.19%
2011-06-30$102.31M1.81%
2011-03-31$100.49M5.47%
2010-12-31$95.28M2.02%
2010-09-30$93.39M2.06%
2010-06-30$91.50M4.44%
2010-03-31$87.61M1.13%
2009-12-31$86.63M-

CorVel generated $224.38M in revenue during Q2 2024, up 5.98% compared to the previous quarter, and up 117.94% compared to the same period a year ago.

CorVel Revenue Breakdown

CorVel Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceMar 24Mar 22Mar 21Mar 20Mar 19
Network Solutions Services$265.32M$222.18M$183.79M$205.41M$227.54M
Patient Management Services$530.00M$424.05M$368.85M$386.81M$368.20M

CorVel's latest annual revenue breakdown by segment (product or service), as of Mar 24: Patient Management Services (66.64%), and Network Solutions Services (33.36%).

Quarterly Revenue by Product

Product/ServiceSep 24Jun 24Mar 24Dec 23Sep 23Jun 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Patient Management Services$147.17M$139.17M$140.60M$131.76M$129.81M$127.84M$118.92M$119.47M$114.81M$111.22M$107.71M$104.67M$100.45M$96.83M$96.55M$90.25M$85.22M$93.29M$98.33M$95.72M
Network Solutions Services$77.21M$72.55M$66.64M$70.55M$65.72M$62.41M$60.47M$57.96M$61.50M$60.14M$56.80M$53.07M$52.17M$48.68M$44.95M$45.78M$44.38M$53.74M$49.77M$51.26M

CorVel's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Patient Management Services (65.59%), and Network Solutions Services (34.41%).

CorVel Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
WTWWillis Towers Watson Public$9.48B$1.81B
BROBrown & Brown$4.26B$1.19B
CRD-ACrawford$1.32B$342.73M
HUIZHuize$1.20B$310.31M
CRVLCorVel$795.31M$224.38M
EHTHeHealth$452.87M$58.41M
ERIEErie Indemnity$28.97M$999.89M
AJGArthur J. Gallagher$1.70M$2.81B

CRVL Revenue FAQ

What is CorVel’s yearly revenue?

CorVel's yearly revenue for 2023 was $795.31M, representing an increase of 10.68% compared to 2022. The company's yearly revenue for 2022 was $718.56M, representing an increase of 11.19% compared to 2021. CRVL's yearly revenue for 2021 was $646.23M, representing an increase of 16.93% compared to 2020.

What is CorVel’s quarterly revenue?

CorVel's quarterly revenue for Q2 2024 was $224.38M, a 5.98% increase from the previous quarter (Q1 2024), and a 14.76% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $211.72M, a 2.17% increase from the previous quarter (Q4 2023), and a 11.28% increase year-over-year (Q1 2023). CRVL's quarterly revenue for Q4 2023 was $207.23M, a 2.44% increase from the previous quarter (Q3 2023), and a 11.75% increase year-over-year (Q4 2022).

What is CorVel’s revenue growth rate?

CorVel's revenue growth rate for the last 3 years (2021-2023) was 23.07%, and for the last 5 years (2019-2023) was 34.29%.

What are CorVel’s revenue streams?

CorVel's revenue streams in r 24 are Network Solutions Services, and Patient Management Services. Network Solutions Services generated $265.32M in revenue, accounting 33.36% of the company's total revenue, up 19.41% year-over-year. Patient Management Services generated $530M in revenue, accounting 66.64% of the company's total revenue, up 24.98% year-over-year.

What is CorVel’s main source of revenue?

For the fiscal year ending Mar 24, the largest source of revenue of CorVel was Patient Management Services. This segment made a revenue of $530M, representing 66.64% of the company's total revenue.