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Side-by-side financial comparison of CORVEL CORP (CRVL) and ROGERS CORP (ROG). Click either name above to swap in a different company.
CORVEL CORP is the larger business by last-quarter revenue ($235.6M vs $200.5M, roughly 1.2× ROGERS CORP). CORVEL CORP runs the higher net margin — 10.3% vs 2.2%, a 8.0% gap on every dollar of revenue. On growth, ROGERS CORP posted the faster year-over-year revenue change (5.2% vs 3.4%). CORVEL CORP produced more free cash flow last quarter ($35.2M vs $1.1M). Over the past eight quarters, CORVEL CORP's revenue compounded faster (6.6% CAGR vs -3.3%).
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.
Rogers Corporation is a specialty engineered materials company headquartered in Chandler, Arizona.
CRVL vs ROG — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $235.6M | $200.5M |
| Net Profit | $24.2M | $4.5M |
| Gross Margin | 23.3% | 32.2% |
| Operating Margin | 13.7% | — |
| Net Margin | 10.3% | 2.2% |
| Revenue YoY | 3.4% | 5.2% |
| Net Profit YoY | 1.7% | 421.4% |
| EPS (diluted) | $0.47 | $0.25 |
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.
| Q1 26 | — | $200.5M | ||
| Q4 25 | $235.6M | $201.5M | ||
| Q3 25 | $239.6M | $216.0M | ||
| Q2 25 | $234.7M | $202.8M | ||
| Q1 25 | $231.5M | $190.5M | ||
| Q4 24 | $228.0M | $192.2M | ||
| Q3 24 | $224.4M | $210.3M | ||
| Q2 24 | $211.7M | $214.2M |
| Q1 26 | — | $4.5M | ||
| Q4 25 | $24.2M | $4.6M | ||
| Q3 25 | $27.9M | $8.6M | ||
| Q2 25 | $27.2M | $-73.6M | ||
| Q1 25 | $26.4M | $-1.4M | ||
| Q4 24 | $23.8M | $-500.0K | ||
| Q3 24 | $23.4M | $10.7M | ||
| Q2 24 | $21.6M | $8.1M |
| Q1 26 | — | 32.2% | ||
| Q4 25 | 23.3% | 31.5% | ||
| Q3 25 | 24.3% | 33.5% | ||
| Q2 25 | 24.2% | 31.6% | ||
| Q1 25 | 25.0% | 29.9% | ||
| Q4 24 | 23.2% | 32.1% | ||
| Q3 24 | 22.6% | 35.2% | ||
| Q2 24 | 22.7% | 34.1% |
| Q1 26 | — | — | ||
| Q4 25 | 13.7% | 3.5% | ||
| Q3 25 | 15.0% | 7.3% | ||
| Q2 25 | 15.0% | -33.3% | ||
| Q1 25 | 14.4% | -0.2% | ||
| Q4 24 | 13.5% | -6.6% | ||
| Q3 24 | 12.8% | 6.9% | ||
| Q2 24 | 13.2% | 5.3% |
| Q1 26 | — | 2.2% | ||
| Q4 25 | 10.3% | 2.3% | ||
| Q3 25 | 11.6% | 4.0% | ||
| Q2 25 | 11.6% | -36.3% | ||
| Q1 25 | 11.4% | -0.7% | ||
| Q4 24 | 10.4% | -0.3% | ||
| Q3 24 | 10.4% | 5.1% | ||
| Q2 24 | 10.2% | 3.8% |
| Q1 26 | — | $0.25 | ||
| Q4 25 | $0.47 | $0.20 | ||
| Q3 25 | $0.54 | $0.48 | ||
| Q2 25 | $0.52 | $-4.00 | ||
| Q1 25 | $-1.23 | $-0.08 | ||
| Q4 24 | $0.46 | $-0.04 | ||
| Q3 24 | $1.35 | $0.58 | ||
| Q2 24 | $1.25 | $0.44 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $230.0M | $195.8M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $375.7M | $1.2B |
| Total Assets | $644.8M | $1.4B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $195.8M | ||
| Q4 25 | $230.0M | $197.0M | ||
| Q3 25 | $207.5M | $167.8M | ||
| Q2 25 | $202.0M | $157.2M | ||
| Q1 25 | $170.6M | $175.6M | ||
| Q4 24 | $162.9M | $159.8M | ||
| Q3 24 | $138.3M | $146.4M | ||
| Q2 24 | $131.9M | $119.9M |
| Q1 26 | — | $1.2B | ||
| Q4 25 | $375.7M | $1.2B | ||
| Q3 25 | $362.8M | $1.2B | ||
| Q2 25 | $342.5M | $1.2B | ||
| Q1 25 | $322.0M | $1.3B | ||
| Q4 24 | $300.9M | $1.3B | ||
| Q3 24 | $282.8M | $1.3B | ||
| Q2 24 | $263.9M | $1.3B |
| Q1 26 | — | $1.4B | ||
| Q4 25 | $644.8M | $1.4B | ||
| Q3 25 | $611.7M | $1.4B | ||
| Q2 25 | $597.4M | $1.5B | ||
| Q1 25 | $546.0M | $1.5B | ||
| Q4 24 | $538.8M | $1.5B | ||
| Q3 24 | $518.6M | $1.5B | ||
| Q2 24 | $486.2M | $1.5B |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $46.1M | $5.8M |
| Free Cash FlowOCF − Capex | $35.2M | $1.1M |
| FCF MarginFCF / Revenue | 14.9% | 0.5% |
| Capex IntensityCapex / Revenue | 4.7% | 2.3% |
| Cash ConversionOCF / Net Profit | 1.91× | 1.29× |
| TTM Free Cash FlowTrailing 4 quarters | $104.3M | $70.1M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $5.8M | ||
| Q4 25 | $46.1M | $46.9M | ||
| Q3 25 | $25.0M | $28.9M | ||
| Q2 25 | $55.0M | $13.7M | ||
| Q1 25 | $22.9M | $11.7M | ||
| Q4 24 | $41.6M | $33.7M | ||
| Q3 24 | $22.3M | $42.4M | ||
| Q2 24 | $40.4M | $22.9M |
| Q1 26 | — | $1.1M | ||
| Q4 25 | $35.2M | $42.2M | ||
| Q3 25 | $15.3M | $21.2M | ||
| Q2 25 | $39.5M | $5.6M | ||
| Q1 25 | $14.3M | $2.1M | ||
| Q4 24 | $32.1M | $18.3M | ||
| Q3 24 | $12.4M | $25.2M | ||
| Q2 24 | $32.8M | $8.8M |
| Q1 26 | — | 0.5% | ||
| Q4 25 | 14.9% | 20.9% | ||
| Q3 25 | 6.4% | 9.8% | ||
| Q2 25 | 16.8% | 2.8% | ||
| Q1 25 | 6.2% | 1.1% | ||
| Q4 24 | 14.1% | 9.5% | ||
| Q3 24 | 5.5% | 12.0% | ||
| Q2 24 | 15.5% | 4.1% |
| Q1 26 | — | 2.3% | ||
| Q4 25 | 4.7% | 2.3% | ||
| Q3 25 | 4.1% | 3.6% | ||
| Q2 25 | 6.6% | 4.0% | ||
| Q1 25 | 3.7% | 5.0% | ||
| Q4 24 | 4.2% | 8.0% | ||
| Q3 24 | 4.4% | 8.2% | ||
| Q2 24 | 3.6% | 6.6% |
| Q1 26 | — | 1.29× | ||
| Q4 25 | 1.91× | 10.20× | ||
| Q3 25 | 0.90× | 3.36× | ||
| Q2 25 | 2.02× | — | ||
| Q1 25 | 0.87× | — | ||
| Q4 24 | 1.75× | — | ||
| Q3 24 | 0.95× | 3.96× | ||
| Q2 24 | 1.87× | 2.83× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CRVL
| Patient Management Services | $146.1M | 62% |
| Network Solutions Services | $89.6M | 38% |
ROG
Segment breakdown not available.
