Corvel (CRVL) Cost of Revenue (2010 - 2025)
Corvel's Cost of Revenue was $180.71 million in fiscal Q3 2026 (quarter ended Dec 31, 2025), up 3.2% from $175.12 million a year earlier but down 0.4% from the prior quarter.
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Analysis
Corvel (CRVL) Cost of Revenue (2010 - 2025) Analysis & Trends
On a trailing twelve-month basis, Corvel's Cost of Revenue was $713.46 million through Dec 31, 2025, up 5.5% year-over-year; for FY2025 (ended Mar 31, 2025), it came in at $685.86 million, up 10.0% from FY2024.
- Cost of Revenue has now increased for four consecutive fiscal years, with a five-year compound annual growth rate of 8.0% (FY2020 to FY2025).
- In earlier fiscal years, Cost of Revenue was $623.62 million in FY2024 (+11.3%), $560.3 million in FY2023 (+13.4%), $494.12 million in FY2022 (+15.2%) and $429.02 million in FY2021 (-8.0%).
- Quarterly Cost of Revenue has moved between $109.79 million (fiscal Q4 2021) and $181.47 million (fiscal Q2 2026) over five years.
- Compared with a year earlier, Cost of Revenue has increased for 19 straight quarters, with growth averaging 8.9% over the last eight quarters.
- The best year-over-year quarter for Cost of Revenue over five years was fiscal Q1 2023 (growth of 18.2%); the worst was fiscal Q4 2021 (a decline of 5.6%).
- Per Business Quant data, CRVL's Cost of Revenue in the three fiscal quarters before Q3 2026 was $181.47 million (Q2 2026), $177.95 million (Q1 2026) and $173.33 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 336.54 Bn | 221.18 Bn | 36.67 Bn | 75.36 Bn |
| 2 | Cvs Health | 110.50 Bn | 63.10 Bn | 47.23 Bn | 58.86 Bn |
| 3 | Mckesson | 105.27 Bn | 91.73 Bn | 3.69 Bn | 101.70 Bn |
| 4 | Elevance Health | 83.85 Bn | -57.90 Bn | 13.45 Bn | 37.02 Bn |
| 5 | Cigna | 71.48 Bn | 41.02 Bn | 14.97 Bn | 56.70 Bn |
| 6 | Cencora | 58.97 Bn | 48.06 Bn | 3.61 Bn | 81.15 Bn |
| 7 | Cardinal Health | 53.10 Bn | 37.10 Bn | 2.56 Bn | 61.11 Bn |
| 8 | Humana | 46.62 Bn | -41.18 Bn | 5.50 Bn | 35.37 Bn |
| 9 | Centene | 31.12 Bn | -59.17 Bn | 14.55 Bn | 39.03 Bn |
| 10 | Corvel | 3.84 Bn | 2.97 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 180.71 Mn |
| Sep 30, 2025 | 181.47 Mn |
| Jun 30, 2025 | 177.95 Mn |
| Mar 31, 2025 | 173.33 Mn |
| Dec 31, 2024 | 175.12 Mn |
| Sep 30, 2024 | 173.63 Mn |
| Jun 30, 2024 | 163.57 Mn |
| Mar 31, 2024 | 163.83 Mn |
| Dec 31, 2023 | 160.14 Mn |
| Sep 30, 2023 | 151.27 Mn |
| Jun 30, 2023 | 148.38 Mn |
| Mar 31, 2023 | 143.49 Mn |
| Dec 31, 2022 | 139.04 Mn |
| Sep 30, 2022 | 141.33 Mn |
| Jun 30, 2022 | 136.44 Mn |
| Mar 31, 2022 | 128.31 Mn |
| Dec 31, 2021 | 129.32 Mn |
| Sep 30, 2021 | 121.08 Mn |
| Jun 30, 2021 | 115.41 Mn |
| Mar 31, 2021 | 109.79 Mn |
API Access
Corvel Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=CRVL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "CRVL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=CRVL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();