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Side-by-side financial comparison of CORVEL CORP (CRVL) and OneStream, Inc. (OS). Click either name above to swap in a different company.

CORVEL CORP is the larger business by last-quarter revenue ($235.6M vs $163.7M, roughly 1.4× OneStream, Inc.). CORVEL CORP runs the higher net margin — 10.3% vs 0.6%, a 9.6% gap on every dollar of revenue. On growth, OneStream, Inc. posted the faster year-over-year revenue change (23.6% vs 3.4%). CORVEL CORP produced more free cash flow last quarter ($35.2M vs $25.6M). Over the past eight quarters, OneStream, Inc.'s revenue compounded faster (21.8% CAGR vs 6.6%).

Corvel Corp is a U.S.-headquartered provider of integrated workers’ compensation, healthcare management, and risk mitigation solutions. It serves insurance carriers, self-insured employers, and public sector clients, delivering services to control healthcare costs, improve care outcomes, and optimize administrative operations.

Blue Stream provides cable television, cable telephone, DVR, and up to 1 GIG Internet speed broadband services to customers in the Florida communities of Coral Springs and Weston.

CRVL vs OS — Head-to-Head

Bigger by revenue
CRVL
CRVL
1.4× larger
CRVL
$235.6M
$163.7M
OS
Growing faster (revenue YoY)
OS
OS
+20.2% gap
OS
23.6%
3.4%
CRVL
Higher net margin
CRVL
CRVL
9.6% more per $
CRVL
10.3%
0.6%
OS
More free cash flow
CRVL
CRVL
$9.5M more FCF
CRVL
$35.2M
$25.6M
OS
Faster 2-yr revenue CAGR
OS
OS
Annualised
OS
21.8%
6.6%
CRVL

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CRVL
CRVL
OS
OS
Revenue
$235.6M
$163.7M
Net Profit
$24.2M
$999.0K
Gross Margin
23.3%
69.8%
Operating Margin
13.7%
-3.2%
Net Margin
10.3%
0.6%
Revenue YoY
3.4%
23.6%
Net Profit YoY
1.7%
EPS (diluted)
$0.47

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CRVL
CRVL
OS
OS
Q4 25
$235.6M
$163.7M
Q3 25
$239.6M
$154.3M
Q2 25
$234.7M
$147.6M
Q1 25
$231.5M
$136.3M
Q4 24
$228.0M
$132.5M
Q3 24
$224.4M
$129.1M
Q2 24
$211.7M
$117.5M
Q1 24
$207.2M
$110.3M
Net Profit
CRVL
CRVL
OS
OS
Q4 25
$24.2M
$999.0K
Q3 25
$27.9M
$-8.8M
Q2 25
$27.2M
$-18.4M
Q1 25
$26.4M
$-24.0M
Q4 24
$23.8M
Q3 24
$23.4M
$-171.9M
Q2 24
$21.6M
$-7.8M
Q1 24
$19.5M
$-5.0M
Gross Margin
CRVL
CRVL
OS
OS
Q4 25
23.3%
69.8%
Q3 25
24.3%
68.1%
Q2 25
24.2%
68.6%
Q1 25
25.0%
68.0%
Q4 24
23.2%
66.8%
Q3 24
22.6%
50.1%
Q2 24
22.7%
68.5%
Q1 24
20.9%
69.1%
Operating Margin
CRVL
CRVL
OS
OS
Q4 25
13.7%
-3.2%
Q3 25
15.0%
-11.3%
Q2 25
15.0%
-21.8%
Q1 25
14.4%
-29.3%
Q4 24
13.5%
-35.8%
Q3 24
12.8%
-197.6%
Q2 24
13.2%
-9.8%
Q1 24
10.9%
-4.9%
Net Margin
CRVL
CRVL
OS
OS
Q4 25
10.3%
0.6%
Q3 25
11.6%
-5.7%
Q2 25
11.6%
-12.5%
Q1 25
11.4%
-17.6%
Q4 24
10.4%
Q3 24
10.4%
-133.1%
Q2 24
10.2%
-6.7%
Q1 24
9.4%
-4.5%
EPS (diluted)
CRVL
CRVL
OS
OS
Q4 25
$0.47
Q3 25
$0.54
Q2 25
$0.52
Q1 25
$-1.23
Q4 24
$0.46
Q3 24
$1.35
$-1.06
Q2 24
$1.25
Q1 24
$1.12

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CRVL
CRVL
OS
OS
Cash + ST InvestmentsLiquidity on hand
$230.0M
$693.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$375.7M
$504.7M
Total Assets
$644.8M
$1.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CRVL
CRVL
OS
OS
Q4 25
$230.0M
$693.6M
Q3 25
$207.5M
$653.9M
Q2 25
$202.0M
$652.1M
Q1 25
$170.6M
$593.9M
Q4 24
$162.9M
$544.2M
Q3 24
$138.3M
$495.5M
Q2 24
$131.9M
$140.5M
Q1 24
$105.6M
Stockholders' Equity
CRVL
CRVL
OS
OS
Q4 25
$375.7M
$504.7M
Q3 25
$362.8M
$472.1M
Q2 25
$342.5M
$458.2M
Q1 25
$322.0M
$412.9M
Q4 24
$300.9M
$386.2M
Q3 24
$282.8M
$458.2M
Q2 24
$263.9M
$97.5M
Q1 24
$247.6M
$102.5M
Total Assets
CRVL
CRVL
OS
OS
Q4 25
$644.8M
$1.0B
Q3 25
$611.7M
$949.4M
Q2 25
$597.4M
$910.5M
Q1 25
$546.0M
$867.3M
Q4 24
$538.8M
$823.2M
Q3 24
$518.6M
$750.1M
Q2 24
$486.2M
$379.7M
Q1 24
$454.7M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CRVL
CRVL
OS
OS
Operating Cash FlowLast quarter
$46.1M
$25.8M
Free Cash FlowOCF − Capex
$35.2M
$25.6M
FCF MarginFCF / Revenue
14.9%
15.7%
Capex IntensityCapex / Revenue
4.7%
0.1%
Cash ConversionOCF / Net Profit
1.91×
25.79×
TTM Free Cash FlowTrailing 4 quarters
$104.3M
$95.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CRVL
CRVL
OS
OS
Q4 25
$46.1M
$25.8M
Q3 25
$25.0M
$5.0M
Q2 25
$55.0M
$29.7M
Q1 25
$22.9M
$36.2M
Q4 24
$41.6M
Q3 24
$22.3M
$2.4M
Q2 24
$40.4M
$8.1M
Q1 24
$15.2M
$25.5M
Free Cash Flow
CRVL
CRVL
OS
OS
Q4 25
$35.2M
$25.6M
Q3 25
$15.3M
$4.8M
Q2 25
$39.5M
$29.4M
Q1 25
$14.3M
$35.8M
Q4 24
$32.1M
Q3 24
$12.4M
$1.3M
Q2 24
$32.8M
$7.7M
Q1 24
$5.2M
$24.9M
FCF Margin
CRVL
CRVL
OS
OS
Q4 25
14.9%
15.7%
Q3 25
6.4%
3.1%
Q2 25
16.8%
19.9%
Q1 25
6.2%
26.3%
Q4 24
14.1%
Q3 24
5.5%
1.0%
Q2 24
15.5%
6.6%
Q1 24
2.5%
22.5%
Capex Intensity
CRVL
CRVL
OS
OS
Q4 25
4.7%
0.1%
Q3 25
4.1%
0.1%
Q2 25
6.6%
0.2%
Q1 25
3.7%
0.3%
Q4 24
4.2%
Q3 24
4.4%
0.8%
Q2 24
3.6%
0.3%
Q1 24
4.8%
0.6%
Cash Conversion
CRVL
CRVL
OS
OS
Q4 25
1.91×
25.79×
Q3 25
0.90×
Q2 25
2.02×
Q1 25
0.87×
Q4 24
1.75×
Q3 24
0.95×
Q2 24
1.87×
Q1 24
0.78×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CRVL
CRVL

Patient Management Services$146.1M62%
Network Solutions Services$89.6M38%

OS
OS

Subscription And Circulation$150.3M92%
Professional Services And Other$9.4M6%
License$4.0M2%

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