Corvel (CRVL) Operating Expenses (2010 - 2025)
Corvel's Operating Expenses came in at $22.68 million for fiscal Q3 2026 (quarter ended Dec 31, 2025), up 2.8% from $22.06 million a year earlier and up 1.8% from the prior quarter.
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Analysis
Corvel (CRVL) Operating Expenses (2010 - 2025) Analysis & Trends
Over the trailing twelve months to Dec 31, 2025, Corvel reported Operating Expenses of $91.3 million, up 7.3% year-over-year; for FY2025 (ended Mar 31, 2025), it was $88.9 million, up 16.1% from FY2024.
- Operating Expenses has increased in each of the last four fiscal years, with a five-year compound annual growth rate of 6.4% (FY2020 to FY2025).
- Going back by fiscal year, Operating Expenses was $76.59 million in FY2024 (+3.9%), $73.71 million in FY2023 (+9.0%), $67.6 million in FY2022 (+4.9%) and $64.45 million in FY2021 (-1.2%).
- The five-year range for quarterly Operating Expenses is $16.37 million (fiscal Q4 2021) to $24.86 million (fiscal Q4 2025).
- Year-over-year, Operating Expenses has increased for ten consecutive quarters, with growth averaging 10.5% over the last eight quarters.
- The fastest year-over-year change in Operating Expenses over five years came in fiscal Q1 2025 (growth of 22.3%), and the weakest in fiscal Q1 2024 (a decline of 11.9%).
- Business Quant data shows CRVL's Operating Expenses at $22.28 million (Q2 2026), $21.48 million (Q1 2026) and $24.86 million (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 332.42 Bn | 217.05 Bn | 36.67 Bn | 104.04 Bn |
| 2 | Cvs Health | 109.55 Bn | 62.16 Bn | 47.23 Bn | 101.39 Bn |
| 3 | Mckesson | 99.61 Bn | 86.08 Bn | 3.69 Bn | 2.37 Bn |
| 4 | Elevance Health | 84.30 Bn | -57.44 Bn | 13.45 Bn | 48.54 Bn |
| 5 | Cigna | 71.83 Bn | 41.37 Bn | 14.97 Bn | 68.99 Bn |
| 6 | Cencora | 57.33 Bn | 46.42 Bn | 3.61 Bn | 2.28 Bn |
| 7 | Cardinal Health | 51.76 Bn | 35.76 Bn | 2.56 Bn | 1.67 Bn |
| 8 | Humana | 45.82 Bn | -41.98 Bn | 5.50 Bn | 39.51 Bn |
| 9 | Centene | 30.70 Bn | -59.59 Bn | 14.55 Bn | 52.38 Bn |
| 10 | Corvel | 3.80 Bn | 2.92 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 22.68 Mn |
| Sep 30, 2025 | 22.28 Mn |
| Jun 30, 2025 | 21.48 Mn |
| Mar 31, 2025 | 24.86 Mn |
| Dec 31, 2024 | 22.06 Mn |
| Sep 30, 2024 | 22.08 Mn |
| Jun 30, 2024 | 20.12 Mn |
| Mar 31, 2024 | 20.81 Mn |
| Dec 31, 2023 | 19.80 Mn |
| Sep 30, 2023 | 19.54 Mn |
| Jun 30, 2023 | 16.45 Mn |
| Mar 31, 2023 | 19.36 Mn |
| Dec 31, 2022 | 18.13 Mn |
| Sep 30, 2022 | 17.55 Mn |
| Jun 30, 2022 | 18.67 Mn |
| Mar 31, 2022 | 16.79 Mn |
| Dec 31, 2021 | 17.51 Mn |
| Sep 30, 2021 | 16.66 Mn |
| Jun 30, 2021 | 16.65 Mn |
| Mar 31, 2021 | 16.37 Mn |
API Access
Corvel Operating Expenses 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=operating-expenses&ticker=CRVL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=CRVL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();