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CorVel (CRVL) backlog: remaining performance obligations

How much revenue CorVel already has under contract, how fast it converts, and who it is with.

Data as of .

CorVel backlog history

$0$500M$1BDec 2022Jun 2023Dec 2023Jun 2024Dec 2024Jun 2025Dec 2025Jun 2026Sep 2026Backlog (RPO)Trailing 12-month revenue
Remaining performance obligations at each quarter end (bars) against trailing twelve-month revenue (line).
Amounts in USD. Source: SEC XBRL filings.
Quarter endBacklog (RPO)TTM revenueCoverageCustomer prepayments
30 Sep 2026$34.8M$1.01B0.0 yrs$34.8M
30 Jun 2026$33.0M$984M0.0 yrs$33.0M
31 Mar 2026$32.2M$958M0.0 yrs$32.2M
31 Dec 2025$30.9M$942M0.0 yrs$30.9M
30 Sep 2025$30.9M$934M0.0 yrs$30.9M
30 Jun 2025$30.3M$919M0.0 yrs$30.3M
31 Mar 2025$30.8M$896M0.0 yrs$30.8M
31 Dec 2024$30.7M$871M0.0 yrs$30.7M
30 Sep 2024$30.0M$846M0.0 yrs$30.0M
30 Jun 2024$30.2M$817M0.0 yrs$30.2M
31 Mar 2024$30.0M$795M0.0 yrs$30.0M
31 Dec 2023$29.8M$774M0.0 yrs$29.8M

Questions

What is CorVel's backlog?
CorVel reported $34.8M of remaining performance obligations at 30 Sep 2026, up 13% from a year earlier and up 5% from the previous quarter. That is 0.0 years of trailing revenue already under contract. Book-to-bill last quarter: 1.01.

About these numbers

Remaining performance obligations (RPO) are revenue a company has contracted but not yet recognised, as reported in its SEC filings (XBRL tag RevenueRemainingPerformanceObligation). Coverage = backlog ÷ trailing twelve-month revenue. Book-to-bill = (change in backlog + revenue) ÷ revenue. Conversion = revenue recognised ÷ the backlog at the start of each quarter, summed over four quarters. Counterparty values come from company filings and releases.