Corvel (CRVL) Operating Expenses (2010 - 2025)

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 was $22.7 million for Q4 2025 at Corvel, up from $22.3 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $24.9 million in Q1 2025 to a low of $16.4 million in Q1 2021.
• Historically, Operating Expenses has averaged $19.5 million across 5 years, with a median of $19.4 million in 2023.
• The sharpest annual moves came in 2023 and 2024: Operating Expenses slipped 11.9% in 2023, then climbed 22.31% in 2024.
• A 5-year view of Operating Expenses shows it stood at $17.5 million in 2021, then gained by 3.55% to $18.1 million in 2022, then climbed by 9.21% to $19.8 million in 2023, then grew by 11.42% to $22.1 million in 2024, then increased 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.