CorVel Q1 FY27: Net income +18.3% to $32.2M on 10.7% revenue growth; buybacks surge to $259.9M

Filed August 6, 2026 · Period ending June 30, 2026 · Compared to 10-Q Aug 7, 2025 · ~2 min read

Key Changes

• high

  Net income rose 18.3% to $32.2M and diluted EPS climbed 21.2% to $0.63, outpacing the 10.7% revenue increase to $259.9M as the company leveraged existing customer relationships for growth.

  MD&A: Financial Results verify on EDGAR →
• high

  Share repurchases more than doubled to $22.0M (377,098 shares at $57.77 average) from $9.6M prior year, reflecting aggressive capital return as the stock price declined from $110.01 to $57.77 per share.

  MD&A: Financing Activities; Notes: Stockholders' Equity verify on EDGAR →
• high

  Michael G. Combs transitioned from CEO to Executive Chair effective July 1, 2026, with Sarah A. Scott appointed as new CEO and President—a leadership change occurring shortly after quarter-end.

  MD&A: Leadership Transition verify on EDGAR →