Highest-materiality recent filing
CorVel annual meeting: six directors elected, auditor ratified, say-on-pay approved
All six director nominees elected to 2027 term; votes for ranged from 34.8M (Jeffrey J. Michael) to 44.5M (Joanna C. Burkey).
CorVel Q1 FY2027 revenue $260M (+11% YoY), EPS $0.63 (+21% YoY)
Revenue increased 11% to $260M from $235M in Q1 FY2026.
Michael G. Combs transitions from CEO/President to Executive Chair effective July 1, 2026; will receive $25,000/month base salary plus health benefits.
CorVel Q4 FY2026 EPS $0.61 (+20% YoY); FY revenue $959M (+7%)
FY revenue $959M (+7% from $896M); FY diluted EPS $2.14 (+17% from $1.83).
CorVel Q3 FY2026 revenue $236M (+3% YoY), EPS $0.47 (+2% YoY)
Revenue for quarter ended Dec 31, 2025: $236M, up 3% from $228M in prior-year quarter.
CorVel Q2 FY2026 revenue $240M (+7% YoY); EPS $0.54 (+20% YoY)
Revenue $240M vs $224M Q2 FY2025 (+7%); EPS $0.54 vs $0.45 (+20% YoY).
CorVel CFO Brandon O'Brien departs; Brian Nichols appointed as new CFO
Brandon T. O'Brien transitions out as CFO effective Sept 10, 2025, after 23 years; will consult for smooth handover.
CorVel shareholders elect six directors, ratify auditor, approve 2025 stock plan
All six director nominees elected (Combs, Burkey, Hamerslag, Hoops, Jessup, Michael) with majority 'For' votes.
CorVel Q1 FY2026 revenue up 11% to $235M, EPS up 24% to $0.52
Revenue $235M vs $212M prior year (11% increase).
CorVel Q4 revenue rises 12% to $232M, EPS up 38% to $0.51
Q4 revenue $232M (+12% YoY), diluted EPS $0.51 (+38% YoY from $0.37).
CorVel Q3 FY2025 revenue up 13% to $228M; EPS $0.46 (+39% YoY)
Revenue $228M vs $202M YoY; gross profit $52.9M at 23.2% margin (+25%).
CorVel announces 3-for-1 forward stock split effective Dec 24, 2024
Authorized shares increased from 120M to 360M to accommodate the split.
CorVel announces 3-for-1 forward stock split and authorized share increase
Board approved 3-for-1 forward stock split of common stock and increase in authorized shares from 120M to 360M.
CorVel founder Clemons retires as Chairman; CEO Combs takes over
V. Gordon Clemons retired as employee, director, and Chairman on Nov 26, 2024, after 37 years with CorVel.
CorVel Q2 FY2025 revenue $224M (+15% YoY), EPS $1.35 (+17% YoY)
Revenue $224M vs $196M a year ago; diluted EPS $1.35 vs $1.15.
CorVel 2024 annual meeting elects all six director nominees, ratifies auditor
All six directors elected: Clemons, Burkey, Hamerslag, Hoops, Jessup, Michael; term until 2025.
CorVel Q1 FY2025 revenue $212M (+11% YoY), EPS $1.25 (+10%)
Revenue $212M, +11% YoY from $190M; diluted EPS $1.25 vs $1.14.
CorVel Q4 revenue $207M +12% YoY; FY EPS $4.40 vs $3.77
Q4 revenue $207M, up 12% YoY from $185M; EPS $1.12 vs $1.04.
CorVel reports Q3 revenue of $202M (+13% YoY), EPS $0.99; new business sold surges 34%
Q3 Dec 2023 revenue $202M vs $179M year ago; EPS $0.99 vs $0.96.
CorVel Q2 revenue $196M, EPS $1.15, both up double-digits YoY
Revenue for the Sept quarter $196M vs $177M YoY (+10.7%).
Six directors elected; Steven Hamerslag (38% withheld) and Jeffrey Michael (40% withheld) received significant negative votes.
CorVel Q1 FY24 revenue $190M record; EPS $1.14 record, up from $0.94 YoY
Revenue of $190M (record) vs $176M in prior-year quarter, up ~8% YoY.
CorVel Q4 revenue rises to $185M, EPS slips to $1.04; annual revenue $719M, EPS $3.77
Q4 revenue $185M (+8% YoY); EPS $1.04 vs $1.09 in prior year.
CorVel Q3 revenue $179M, EPS $0.96; nine-month revenue $533M, EPS $2.73
Q3 FY23 revenue $179M (up 8.5% YoY); EPS $0.96 (up 26% from $0.76).
CorVel Q2 revenue up 12% to $177M; EPS $0.83 vs $0.88 YoY
Revenue $177M for quarter ended Sep 30, 2022, up from $158M YoY; six-month revenue $354M vs $310M.
CorVel shareholders elect all six directors, reject board diversity proposal
All six directors elected; Steven J. Hamerslag and Jeffrey J. Michael received 27% withhold votes each.
CorVel reports Q1 FY2023 revenue $176M (+15% YoY), EPS $0.94 vs $0.92
Revenue increased to $176M from $153M in the prior-year quarter, driven by CERiS payment integrity growth.
CorVel reports Q4 and FY2022 earnings beat: EPS $1.09 vs $0.81 YoY, revenue $171M vs $146M
Quarterly EPS $1.09, up 35% YoY from $0.81; revenue $171M, +17% YoY.
CorVel Q3 fiscal 2022 EPS $0.76, up 21% YoY; revenue $165M, +16%
Diluted EPS $0.76 vs $0.63 in Q3 prior year; nine-month EPS $2.57 vs $1.74.
CorVel Q2 FY2022 EPS $0.88 vs $0.65 prior year; revenue $158M up 16%
Quarterly EPS $0.88 (vs $0.65 prior year); revenue $158M (vs $136M).
CorVel shareholders approve extension of Employee Stock Purchase Plan to 2031
Plan termination date extended by 10 years to Sept 30, 2031, approved by shareholders.
CorVel Q1 FY2022 EPS $0.92 vs $0.46 YoY; revenue $153M up 18%
EPS $0.92 vs $0.46 in prior-year quarter; net income doubled YoY.
In connection with the leadership transition, the Board appointed Sarah Scott to serve as Chief Executive Officer and President of the Company, effective July 1, 2026.
Michael G. Combs, the Chief Executive Officer, President, and Chairman of the Board of Directors (the “Board”) of CorVel Corporation (the “Company”) is transitioning from his role as Chief Executive Officer and President of the Company, effective July 1, 2026, and has been appointed by the Board to serve as Executive Chair, effective as of the same date.
On November 26, 2024, V. Gordon Clemons informed CorVel Corporation (the “Company”) of his decision to retire as an employee of the Company, as a member of the Company’s board of directors (the “Board”), and as Chairman of the Board, in each case effective immediately.
Subsequently, on November 26, 2024, the Board appointed Michael G. Combs, the Company’s Chief Executive Officer and President, to the Board and elected him as Chairman of the Board, also effective immediately.
On January 26, 2022, the Company announced that Diane J. Blaha, its Chief Marketing Officer, will retire effective as of April 1, 2022.
Max materiality 0.75 · Median 0.65 · Most common event earnings