CorVel Q4 Revenue $249M (+7%), EPS $0.61 (+19.6%), Bookings +56%
CorVel posted Q4 2026 revenue of $249 million (up 7% year-over-year) and EPS of $0.61 (up 19.6%), led by double-digit growth in Network Solutions. Full-year revenue hit $959 million with EPS $2.14 (up 17%) as multiyear payer deals, 56% growth in bookings and 20% growth in RFPs.
1. Q4 financial performance
CorVel delivered Q4 2026 revenue of $249 million, a 7% year-over-year increase, and reported EPS of $0.61, up 19.6%, reflecting improved operating leverage and pricing power across its service offerings.
2. Segment performance
The Network Solutions unit achieved double-digit revenue growth driven by higher utilization of cost-containment services, while the Patient Management segment recorded low single-digit gains as case volumes stabilized.
3. Contract wins and bookings
During the quarter, CorVel secured multiple multiyear agreements with national payers, driving a 56% year-over-year rise in new bookings and a 20% expansion in RFP activity, bolstering its sales pipeline.
4. Technology investments
Management highlighted ongoing investments in artificial intelligence, automation tools and platform integration to enhance scalability, improve claims processing efficiency and support future margin expansion.