Corvel (CRVL) Operating Expenses (2010 - 2025)
Corvel's quarterly Operating Expenses came in at $22.7 million in Q4 2025, up 2.84% year-on-year from $22.1 million in Q4 2024, and up 1.83% quarter-over-quarter from $22.3 million in Q3 2025.
Corvel has reported Operating Expenses for 16 years, with the latest figure at $22.7 million in Q4 2025.
- For the quarter ending Q4 2025, Operating Expenses rose 2.84% year-over-year to $22.7 million; the trailing twelve-month figure through Dec 2025 stood at $91.3 million (up 7.33% YoY), and the FY2025 full-year result was $88.9 million, up 16.07% from the prior year.
- Operating Expenses for Q4 2025 stood at $22.7 million, up from $22.3 million in the prior quarter.
- The five-year high for Operating Expenses was $24.9 million in Q1 2025, with the low at $16.4 million in Q1 2021.
- Average Operating Expenses over 5 years is $19.5 million, with a median of $19.4 million recorded in 2023.
- Year-over-year, Operating Expenses declined 11.9% in 2023 and increased 22.31% in 2024.
- Tracing CRVL's Operating Expenses over 5 years: stood at $17.5 million in 2021, then advanced by 3.55% to $18.1 million in 2022, then grew by 9.21% to $19.8 million in 2023, then increased by 11.42% to $22.1 million in 2024, then rose by 2.84% to $22.7 million in 2025.
- The last three Operating Expenses figures came in at $22.7 million (Q4 2025), $22.3 million (Q3 2025), and $21.5 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Aon | 69.60 Bn | 68.21 Bn | - | 3.32 Bn |
| 2 | Arthur J. Gallagher | 52.64 Bn | 51.26 Bn | - | 3.72 Bn |
| 3 | Willis Towers Watson | 24.45 Bn | 22.68 Bn | 1.98 Bn | 1.96 Bn |
| 4 | Brown & Brown | 19.37 Bn | 18.39 Bn | 1.61 Bn | 17.00 Mn |
| 5 | XChange TEC.INC | 6.95 Bn | 6.95 Bn | - | - |
| 6 | Accelerant Holdings | 3.83 Bn | 2.32 Bn | 48.00 Mn | 271.30 Mn |
| 7 | Corvel | 3.22 Bn | 2.87 Bn | 54.92 Mn | 22.68 Mn |
| 8 | Baldwin Insurance | 1.84 Bn | 2.28 Bn | - | 633.50 Mn |
| 9 | Goosehead Insurance | 1.01 Bn | 899.53 Mn | - | 78.08 Mn |
| 10 | Twfg | 279.02 Mn | 351.22 Mn | - | 60.49 Mn |
Historic Data
Download 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 |
| Dec 31, 2020 | 16.94 Mn |
| Sep 30, 2020 | 15.56 Mn |
| Jun 30, 2020 | 15.59 Mn |
| Mar 31, 2020 | 15.92 Mn |
| Dec 31, 2019 | 17.00 Mn |
| Sep 30, 2019 | 16.59 Mn |
| Jun 30, 2019 | 15.75 Mn |
| Mar 31, 2019 | 16.46 Mn |
| Dec 31, 2018 | 15.80 Mn |
| Sep 30, 2018 | 15.09 Mn |
| Jun 30, 2018 | 15.94 Mn |
| Mar 31, 2018 | 15.56 Mn |
| Dec 31, 2017 | 15.50 Mn |
| Sep 30, 2017 | 13.67 Mn |
| Jun 30, 2017 | 14.63 Mn |
| Mar 31, 2017 | 15.00 Mn |
| Dec 31, 2016 | 14.13 Mn |
| Sep 30, 2016 | 14.64 Mn |
| Jun 30, 2016 | 13.46 Mn |
| Mar 31, 2016 | 15.81 Mn |
| Dec 31, 2015 | 14.50 Mn |
| Sep 30, 2015 | 13.21 Mn |
| Jun 30, 2015 | 14.96 Mn |
| Mar 31, 2015 | 13.62 Mn |
| Dec 31, 2014 | 13.83 Mn |
| Sep 30, 2014 | 12.75 Mn |
| Jun 30, 2014 | 14.21 Mn |
| Mar 31, 2014 | 13.70 Mn |
| Dec 31, 2013 | 13.20 Mn |
| Sep 30, 2013 | 12.22 Mn |
| Jun 30, 2013 | 12.84 Mn |
| Mar 31, 2013 | 11.90 Mn |
| Dec 31, 2012 | 11.71 Mn |
| Sep 30, 2012 | 11.98 Mn |
| Jun 30, 2012 | 12.17 Mn |
| Mar 31, 2012 | 13.19 Mn |
| Dec 31, 2011 | 12.33 Mn |
| Sep 30, 2011 | 12.59 Mn |
| Jun 30, 2011 | 12.29 Mn |
| Mar 31, 2011 | 21.09 Mn |
| Dec 31, 2010 | 12.43 Mn |
| Sep 30, 2010 | 14.17 Mn |
| Jun 30, 2010 | 11.49 Mn |