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

CORVEL CORP is the larger business by last-quarter revenue ($235.6M vs $127.8M, roughly 1.8× Via Renewables, Inc.). CORVEL CORP runs the higher net margin — 10.3% vs 5.4%, a 4.9% gap on every dollar of revenue. On growth, Via Renewables, Inc. posted the faster year-over-year revenue change (22.5% vs 3.4%). CORVEL CORP produced more free cash flow last quarter ($35.2M vs $-4.8M). Over the past eight quarters, CORVEL CORP's revenue compounded faster (6.6% CAGR vs 5.9%).

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.

EDF Power Solutions is a wholly owned subsidiary of the French utility EDF Group, specializing in renewable energy production. As an integrated operator, the Group develops and finances the construction of renewable energy facilities, and manages operations and maintenance for its own account and for third parties.

CRVL vs VIASP — Head-to-Head

Bigger by revenue
CRVL
CRVL
1.8× larger
CRVL
$235.6M
$127.8M
VIASP
Growing faster (revenue YoY)
VIASP
VIASP
+19.2% gap
VIASP
22.5%
3.4%
CRVL
Higher net margin
CRVL
CRVL
4.9% more per $
CRVL
10.3%
5.4%
VIASP
More free cash flow
CRVL
CRVL
$39.9M more FCF
CRVL
$35.2M
$-4.8M
VIASP
Faster 2-yr revenue CAGR
CRVL
CRVL
Annualised
CRVL
6.6%
5.9%
VIASP

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CRVL
CRVL
VIASP
VIASP
Revenue
$235.6M
$127.8M
Net Profit
$24.2M
$6.9M
Gross Margin
23.3%
34.4%
Operating Margin
13.7%
15.2%
Net Margin
10.3%
5.4%
Revenue YoY
3.4%
22.5%
Net Profit YoY
1.7%
-30.9%
EPS (diluted)
$0.47
$1.19

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
VIASP
VIASP
Q4 25
$235.6M
$127.8M
Q3 25
$239.6M
$103.3M
Q2 25
$234.7M
$90.0M
Q1 25
$231.5M
$142.3M
Q4 24
$228.0M
$104.3M
Q3 24
$224.4M
$93.8M
Q2 24
$211.7M
$86.7M
Q1 24
$207.2M
$114.1M
Net Profit
CRVL
CRVL
VIASP
VIASP
Q4 25
$24.2M
$6.9M
Q3 25
$27.9M
$757.0K
Q2 25
$27.2M
$2.7M
Q1 25
$26.4M
$8.8M
Q4 24
$23.8M
$9.9M
Q3 24
$23.4M
$2.1M
Q2 24
$21.6M
$7.6M
Q1 24
$19.5M
$8.6M
Gross Margin
CRVL
CRVL
VIASP
VIASP
Q4 25
23.3%
34.4%
Q3 25
24.3%
23.1%
Q2 25
24.2%
30.0%
Q1 25
25.0%
32.9%
Q4 24
23.2%
51.9%
Q3 24
22.6%
26.8%
Q2 24
22.7%
50.4%
Q1 24
20.9%
39.5%
Operating Margin
CRVL
CRVL
VIASP
VIASP
Q4 25
13.7%
15.2%
Q3 25
15.0%
3.1%
Q2 25
15.0%
6.7%
Q1 25
14.4%
17.5%
Q4 24
13.5%
31.5%
Q3 24
12.8%
5.3%
Q2 24
13.2%
23.8%
Q1 24
10.9%
22.6%
Net Margin
CRVL
CRVL
VIASP
VIASP
Q4 25
10.3%
5.4%
Q3 25
11.6%
0.7%
Q2 25
11.6%
3.0%
Q1 25
11.4%
6.2%
Q4 24
10.4%
9.5%
Q3 24
10.4%
2.3%
Q2 24
10.2%
8.8%
Q1 24
9.4%
7.5%
EPS (diluted)
CRVL
CRVL
VIASP
VIASP
Q4 25
$0.47
$1.19
Q3 25
$0.54
$-0.41
Q2 25
$0.52
$0.09
Q1 25
$-1.23
$1.83
Q4 24
$0.46
$2.33
Q3 24
$1.35
$-0.17
Q2 24
$1.25
$1.51
Q1 24
$1.12
$1.81

Balance Sheet & Financial Strength

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

Metric
CRVL
CRVL
VIASP
VIASP
Cash + ST InvestmentsLiquidity on hand
$230.0M
$41.8M
Total DebtLower is stronger
$120.0M
Stockholders' EquityBook value
$375.7M
$67.7M
Total Assets
$644.8M
$331.3M
Debt / EquityLower = less leverage
1.77×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CRVL
CRVL
VIASP
VIASP
Q4 25
$230.0M
$41.8M
Q3 25
$207.5M
$53.6M
Q2 25
$202.0M
$62.1M
Q1 25
$170.6M
$64.7M
Q4 24
$162.9M
$53.1M
Q3 24
$138.3M
$66.6M
Q2 24
$131.9M
$53.6M
Q1 24
$105.6M
$50.4M
Total Debt
CRVL
CRVL
VIASP
VIASP
Q4 25
$120.0M
Q3 25
$105.0M
Q2 25
$100.0M
Q1 25
$101.0M
Q4 24
$106.0M
Q3 24
$89.0M
Q2 24
$93.0M
Q1 24
$91.0M
Stockholders' Equity
CRVL
CRVL
VIASP
VIASP
Q4 25
$375.7M
$67.7M
Q3 25
$362.8M
$63.7M
Q2 25
$342.5M
$68.2M
Q1 25
$322.0M
$72.7M
Q4 24
$300.9M
$66.7M
Q3 24
$282.8M
$58.2M
Q2 24
$263.9M
$58.3M
Q1 24
$247.6M
$53.2M
Total Assets
CRVL
CRVL
VIASP
VIASP
Q4 25
$644.8M
$331.3M
Q3 25
$611.7M
$304.8M
Q2 25
$597.4M
$316.3M
Q1 25
$546.0M
$347.4M
Q4 24
$538.8M
$344.9M
Q3 24
$518.6M
$298.4M
Q2 24
$486.2M
$299.7M
Q1 24
$454.7M
$302.7M
Debt / Equity
CRVL
CRVL
VIASP
VIASP
Q4 25
1.77×
Q3 25
1.65×
Q2 25
1.47×
Q1 25
1.39×
Q4 24
1.59×
Q3 24
1.53×
Q2 24
1.60×
Q1 24
1.71×

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
VIASP
VIASP
Operating Cash FlowLast quarter
$46.1M
$-4.2M
Free Cash FlowOCF − Capex
$35.2M
$-4.8M
FCF MarginFCF / Revenue
14.9%
-3.7%
Capex IntensityCapex / Revenue
4.7%
0.4%
Cash ConversionOCF / Net Profit
1.91×
-0.61×
TTM Free Cash FlowTrailing 4 quarters
$104.3M
$39.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CRVL
CRVL
VIASP
VIASP
Q4 25
$46.1M
$-4.2M
Q3 25
$25.0M
$2.4M
Q2 25
$55.0M
$19.0M
Q1 25
$22.9M
$24.9M
Q4 24
$41.6M
$2.0M
Q3 24
$22.3M
$20.1M
Q2 24
$40.4M
$11.2M
Q1 24
$15.2M
$17.1M
Free Cash Flow
CRVL
CRVL
VIASP
VIASP
Q4 25
$35.2M
$-4.8M
Q3 25
$15.3M
$1.9M
Q2 25
$39.5M
$18.4M
Q1 25
$14.3M
$23.5M
Q4 24
$32.1M
$1.6M
Q3 24
$12.4M
$19.7M
Q2 24
$32.8M
$10.9M
Q1 24
$5.2M
$16.6M
FCF Margin
CRVL
CRVL
VIASP
VIASP
Q4 25
14.9%
-3.7%
Q3 25
6.4%
1.9%
Q2 25
16.8%
20.5%
Q1 25
6.2%
16.5%
Q4 24
14.1%
1.5%
Q3 24
5.5%
21.0%
Q2 24
15.5%
12.6%
Q1 24
2.5%
14.6%
Capex Intensity
CRVL
CRVL
VIASP
VIASP
Q4 25
4.7%
0.4%
Q3 25
4.1%
0.4%
Q2 25
6.6%
0.6%
Q1 25
3.7%
1.0%
Q4 24
4.2%
0.4%
Q3 24
4.4%
0.4%
Q2 24
3.6%
0.3%
Q1 24
4.8%
0.4%
Cash Conversion
CRVL
CRVL
VIASP
VIASP
Q4 25
1.91×
-0.61×
Q3 25
0.90×
3.12×
Q2 25
2.02×
6.94×
Q1 25
0.87×
2.84×
Q4 24
1.75×
0.20×
Q3 24
0.95×
9.41×
Q2 24
1.87×
1.47×
Q1 24
0.78×
2.00×

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%

VIASP
VIASP

Retail Electricity$79.7M62%
Retail Natural Gas$48.9M38%

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