CorVel posts 24% EPS rise to $0.67 on 11% revenue growth in Q2 FY2027
CorVel Corporation reported results for the quarter ended September 30, 2026, showing revenue of $267.13 million, up 11% year‑over‑year, and diluted earnings per share of $0.67, a 24% increase. The company ended the quarter with $270 million of cash and no debt and repurchased $18.1 million of common stock. Management said the growth was driven by new customer wins and technology innovations in its claims‑management platform.
Why it matters
The company’s EPS growth and strong cash balance may support continued share‑repurchase activity, which could be attractive to shareholders (the press release notes the $18.1 million buyback). The revenue increase signals expanding demand for CorVel’s AI‑enabled claims solutions, potentially boosting future top‑line growth.
Key facts
- 1Revenue for the quarter was $267,129,000, up 11% from the same quarter a year earlier. stocktitan.net
- 2Diluted earnings per share were $0.67, a 24% increase from $0.54 a year earlier. stocktitan.net
- 3The company held $269,988,000 in cash and cash equivalents at quarter‑end, with no borrowings. stocktitan.net
- 4CorVel repurchased $18.1 million of common stock during the quarter. stocktitan.net
- 5Six‑month revenue was $527,054,000, up from $474,354,000 a year earlier. stocktitan.net
- 6Six‑month diluted EPS was $1.31, up from $1.06 a year earlier. stocktitan.net
Summary written by AlphAI AI Desk from 3 of 3 sources. Not investment advice. Figures are as stated by the linked sources.