Corvel (CRVL) Cost of Revenue (2010 - 2025)

Corvel's Cost of Revenue history runs 16 years deep, the most recent figure standing at $180.7 million for Q4 2025.

• In Q4 2025, Cost of Revenue rose 3.19% year-over-year to $180.7 million; the TTM figure through Dec 2025 stood at $713.5 million (up 5.52% YoY), while the FY2025 annual figure was $685.9 million, up 9.98% from the prior year.
• Cost of Revenue for Q4 2025 stood at $180.7 million, roughly flat from $181.5 million in the prior quarter.
• The five-year high for Cost of Revenue was $181.5 million in Q3 2025, with the low at -$184.4 million in Q1 2023.
• The 5-year median for Cost of Revenue is $149.8 million (2023), against an average of $134.3 million.
• The sharpest annual moves came in 2023 and 2024: Cost of Revenue tumbled 243.69% in 2023, then surged 188.86% in 2024.
• Corvel's Cost of Revenue stood at $129.3 million in 2021, then gained by 7.52% to $139.0 million in 2022, then rose by 15.18% to $160.1 million in 2023, then advanced by 9.35% to $175.1 million in 2024, then grew by 3.19% to $180.7 million in 2025.
• Business Quant data shows CRVL's Cost of Revenue at $180.7 million in Q4 2025, $181.5 million in Q3 2025, and $178.0 million in Q2 2025.