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Corvel CRVL Income Tax

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Other financials

Income statement

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Revenue$259.9M+10.7%
Gross profit$67.8M+19.4%
Net income$32.2M+18.3%
EPS (diluted)$0.63+21.2%

Balance sheet

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Cash & equivalents$255.9M+26.7%
Total debt$28.4M+3.6%
Total equity$408.9M+19.4%
Total assets$689.7M+15.4%

Cash flow

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Operating cash flow$49.9M-9.3%
CapEx$6.8M-55.8%
Free cash flow$43.1M+8.9%

Valuation

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Market cap$3.19B-28.9%
Enterprise value$2.96B-31.3%
P/E27.7×-16.8×
P/S3.2×-1.6×

Profitability

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Gross margin24.8%+1.0pp
Net margin11.7%+0.7pp
FCF margin11.6%+0.9pp

Returns & leverage

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Return on equity30.7%-2.6pp
Debt / equity0.1×0.0×
Current ratio1.9×+0.1×

Where this comes from

Reported directly by Corvel in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

The source filing: Corvel’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:30 PM EDT
Fiscal quarter
Q1 FY2027
Calendar quarter
Q2 2026
Accession
0001193125-26-338216
Line itemThree Months Ended / June 30, 2026Three Months Ended / June 30, 2025
Gross profit67,794,00056,761,000
General and administrative expenses24,453,00021,478,000
Income before income tax provision43,341,00035,283,000
Income tax provision11,116,0008,048,000
NET INCOME$32,225,000$27,235,000
Net income per common and common equivalent share
Basic$0.63$0.53
Diluted$0.63$0.52

ITEM 1 – FINANCIAL STATEMENTS

FAQ

What is Corvel's income tax?
Corvel (CRVL) reported income tax of $11.12M in Q2 2026.
How has Corvel's income tax changed year-over-year?
Corvel's income tax increased by 38.1% year-over-year, from $8.05M to $11.12M.
What is the long-term trend for Corvel's income tax?
Over 4 years (2022 to 2026), Corvel's income tax has grown at a 16.0% compound annual growth rate (CAGR), from $18.1M to $32.79M.
What does income tax mean?
Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.

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