CorVel Corporation
Balance Sheet
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $233.1M | $170.6M | $105.6M | $71.3M | $97.5M | $139.7M | $83.2M | $91.7M |
| Accounts Receivable | $101.3M | $104.1M | $97.1M | $81.0M | $82.6M | $64.7M | $65.8M | $71.3M |
| Inventory | — | — | — | — | — | — | — | — |
| Total Current Assets | $462.3M | $386.7M | $302.2M | $243.8M | $265.0M | $268.9M | $209.0M | $215.5M |
| Property, Plant & Equipment | $117.9M | $92.1M | $85.9M | $82.8M | $76.3M | $70.6M | $75.9M | $62.0M |
| Goodwill | $36.8M | $36.8M | $36.8M | $36.8M | $36.8M | $36.8M | $36.8M | $36.8M |
| Intangible Assets (Excl. Goodwill) | $263.0K | $438.0K | $821.0K | $1.2M | $1.7M | $2.1M | $2.5M | $3.0M |
| Total Assets | $643.0M | $546.0M | $454.7M | $393.9M | $415.2M | $424.8M | $416.3M | $318.0M |
| Liabilities | ||||||||
| Accounts Payable | $24.3M | $15.4M | $16.4M | $15.1M | $14.1M | $12.4M | $15.1M | $9.9M |
| Total Current Liabilities | $228.1M | $204.0M | $184.5M | $167.9M | $171.4M | $162.5M | $133.7M | $116.9M |
| Long-Term Debt | — | — | — | — | — | — | — | — |
| Total Liabilities | $248.8M | $224.0M | $207.0M | $191.7M | $202.9M | $204.4M | $226.5M | $123.2M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $1.01B | $903.1M | $807.9M | $731.7M | $665.3M | $598.9M | $552.5M | $505.2M |
| Total Stockholders' Equity | $394.2M | $322.0M | $247.6M | $202.2M | $212.4M | $220.4M | $189.7M | $194.8M |