Corvel (CRVL) Operating Expenses (2010 - 2025)
Corvel (CRVL) posted quarterly Operating Expenses of $22.7 million for Q4 2025, up 2.84% year-over-year from $22.1 million in Q4 2024, and up 1.83% quarter-over-quarter from $22.3 million in Q3 2025.
Corvel (CRVL) Operating Expenses (2010 - 2025) Analysis & Trends
Corvel's Operating Expenses history runs 16 years deep, the most recent figure standing at $22.7 million for Q4 2025.
- In Q4 2025, Operating Expenses rose 2.84% year-over-year to $22.7 million; the TTM figure through Dec 2025 stood at $91.3 million (up 7.33% YoY), while the FY2025 annual figure 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.
- The 5-year median for Operating Expenses is $19.4 million (2023), against an average of $19.5 million.
- The sharpest annual moves came in 2023 and 2024: Operating Expenses decreased 11.9% in 2023, then advanced 22.31% in 2024.
- Corvel's Operating Expenses stood at $17.5 million in 2021, then rose by 3.55% to $18.1 million in 2022, then advanced by 9.21% to $19.8 million in 2023, then climbed by 11.42% to $22.1 million in 2024, then grew by 2.84% to $22.7 million in 2025.
- Business Quant data shows CRVL's Operating Expenses at $22.7 million in Q4 2025, $22.3 million in Q3 2025, and $21.5 million in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | XChange TEC.INC | 265.99 Bn | 265.99 Bn | - | - |
| 2 | Marsh & Mclennan Companies | 92.14 Bn | 79.94 Bn | 6.04 Bn | 5.51 Bn |
| 3 | Aon | 75.64 Bn | 74.37 Bn | - | 3.33 Bn |
| 4 | Arthur J. Gallagher | 67.55 Bn | 66.16 Bn | - | 3.59 Bn |
| 5 | Willis Towers Watson | 32.13 Bn | 30.47 Bn | 2.09 Bn | 2.10 Bn |
| 6 | Brown & Brown | 23.98 Bn | 23.06 Bn | 1.41 Bn | 1.29 Bn |
| 7 | Erie Indemnity | 12.29 Bn | 11.94 Bn | - | 885.67 Mn |
| 8 | Neptune Insurance Holdings | 4.61 Bn | 4.59 Bn | - | 29.32 Mn |
| 9 | Accelerant Holdings | 4.28 Bn | 2.62 Bn | 285.20 Mn | 269.50 Mn |
| 10 | Corvel | 3.60 Bn | 3.25 Bn | - | - |
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 |