CorVel (CRVL) Revenue & Revenue Breakdown

OverviewOwnership Financials Chart

CorVel Revenue Highlights

Latest Revenue (Y)

$795.31M

Latest Revenue (Q)

$224.38M

Main Segment (Y)

Patient Management Services

Main Geography (Y)

Patient Management Services

CorVel Revenue by Period

CorVel Revenue by Year

Date	Revenue	Change
2024-03-31	$795.31M	10.68%
2023-03-31	$718.56M	11.19%
2022-03-31	$646.23M	16.93%
2021-03-31	$552.64M	-6.68%
2020-03-31	$592.23M	-0.59%
2019-03-31	$595.74M	6.70%
2018-03-31	$558.35M	7.65%
2017-03-31	$518.69M	3.00%
2016-03-31	$503.58M	2.22%
2015-03-31	$492.63M	2.88%
2014-03-31	$478.82M	11.53%
2013-03-31	$429.31M	4.03%
2012-03-31	$412.67M	8.41%
2011-03-31	$380.67M	12.63%
2010-03-31	$337.97M	9.00%
2009-03-31	$310.08M	2.71%
2008-03-31	$301.89M	9.95%
2007-03-31	$274.58M	3.03%
2006-03-31	$266.50M	-8.42%
2005-03-31	$291.00M	-4.68%
2004-03-31	$305.28M	7.96%
2003-03-31	$282.78M	19.87%
2002-03-31	$235.91M	12.58%
2001-03-31	$209.55M	12.20%
2000-03-31	$186.76M	12.85%
1999-03-31	$165.50M	16.80%
1998-03-31	$141.70M	16.43%
1997-03-31	$121.70M	11.55%
1996-03-31	$109.10M	13.88%
1995-03-31	$95.80M	18.86%
1994-03-31	$80.60M	-

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

Date	Revenue	Change
2024-09-30	$224.38M	5.98%
2024-06-30	$211.72M	2.17%
2024-03-31	$207.23M	2.44%
2023-12-31	$202.30M	3.47%
2023-09-30	$195.52M	2.77%
2023-06-30	$190.25M	2.59%
2023-03-31	$185.44M	3.38%
2022-12-31	$179.39M	1.10%
2022-09-30	$177.43M	0.63%
2022-06-30	$176.31M	2.89%
2022-03-31	$171.36M	4.16%
2021-12-31	$164.51M	4.29%
2021-09-30	$157.74M	3.36%
2021-06-30	$152.62M	4.89%
2021-03-31	$145.51M	2.83%
2020-12-31	$141.51M	4.03%
2020-09-30	$136.03M	4.96%
2020-06-30	$129.60M	-11.85%
2020-03-31	$147.02M	-0.72%
2019-12-31	$148.09M	0.76%
2019-09-30	$146.97M	-2.11%
2019-06-30	$150.14M	-0.63%
2019-03-31	$151.08M	3.42%
2018-12-31	$146.08M	-1.41%
2018-09-30	$148.18M	-1.48%
2018-06-30	$150.40M	4.75%
2018-03-31	$143.57M	2.02%
2017-12-31	$140.73M	3.15%
2017-09-30	$136.43M	-0.86%
2017-06-30	$137.61M	3.00%
2017-03-31	$133.60M	4.05%
2016-12-31	$128.40M	0.14%
2016-09-30	$128.22M	-0.19%
2016-06-30	$128.46M	0.13%
2016-03-31	$128.29M	4.86%
2014-12-31	$122.35M	-1.10%
2014-09-30	$123.71M	-0.52%
2014-06-30	$124.36M	3.42%
2014-03-31	$120.25M	-0.70%
2013-12-31	$121.10M	1.46%
2013-09-30	$119.36M	1.05%
2013-06-30	$118.11M	5.50%
2013-03-31	$111.96M	4.35%
2012-12-31	$107.29M	1.73%
2012-09-30	$105.46M	0.81%
2012-06-30	$104.61M	0.17%
2012-03-31	$104.43M	3.00%
2011-12-31	$101.38M	-3.03%
2011-09-30	$104.55M	2.19%
2011-06-30	$102.31M	1.81%
2011-03-31	$100.49M	5.47%
2010-12-31	$95.28M	2.02%
2010-09-30	$93.39M	2.06%
2010-06-30	$91.50M	4.44%
2010-03-31	$87.61M	1.13%
2009-12-31	$86.63M	5.11%
2009-09-30	$82.42M	1.36%
2009-06-30	$81.31M	5.52%
2009-03-31	$77.06M	0.12%
2008-12-31	$76.96M	-1.15%
2008-09-30	$77.86M	-0.44%
2008-06-30	$78.20M	1.08%
2008-03-31	$77.37M	0.90%
2007-12-31	$76.68M	-

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

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/Service	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
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
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

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 Revenue Breakdown by Country

Annual Revenue by Country

Country	Mar 22	Mar 21	Mar 20	Mar 19
Network Solutions Services	$222.18M	$183.79M	$205.41M	$227.54M
Patient Management Services	$424.05M	$368.85M	$386.81M	$368.20M

CorVel's latest annual revenue breakdown by geography, as of Mar 22: Patient Management Services (65.62%), and Network Solutions Services (34.38%).

CorVel Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
WTW	Willis Towers Watson Public Limited Company	$9.48B	$1.81B
BRO	Brown & Brown	$4.26B	$1.19B
CRD-A	Crawford & Company	$1.32B	$342.73M
BRP	Baldwin Insurance Group	$1.22B	$380.37M
HUIZ	Huize	$1.20B	$310.31M
CRVL	CorVel	$795.31M	$224.38M
EHTH	eHealth	$452.87M	$58.41M
ERIE	Erie Indemnity Company	$28.97M	$999.89M
AJG	Arthur 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 Patient Management Services, and Network Solutions Services. Patient Management Services generated $530M in revenue, accounting 66.64% of the company's total revenue, up 24.98% year-over-year. Network Solutions Services generated $265.32M in revenue, accounting 33.36% of the company's total revenue, up 19.41% 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.