CLOV
Clover Health Investments Corp
NASDAQ: CLOV · HEALTHCARE · HEALTHCARE PLANS
$2.58
-2.27% today
Updated 2026-04-29
Market cap
$1.36B
P/E ratio
—
P/S ratio
0.71x
EPS (TTM)
$-0.17
Dividend yield
—
52W range
$2 – $4
Volume
5.7M
Clover Health Investments Corp (CLOV) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $281.02M | $462.27M | $672.89M | $1.47B | $1.10B | $1.26B | $1.37B | $1.92B |
| Revenue growth (YoY) | — | +64.5% | +45.6% | +118.8% | -25.5% | +15.0% | +8.8% | +40.3% |
| Cost of revenue | — | $449.70M | $590.08M | $1.55B | $993.07M | $1.00B | $1.01B | $1.57B |
| Gross profit | $281.02M | $12.56M | $82.81M | $-79.18M | $103.48M | $255.95M | $364.80M | $355.88M |
| Gross margin | 100.0% | 2.7% | 12.3% | -5.4% | 9.4% | 20.3% | 26.6% | 18.5% |
| R&D | — | — | — | — | — | — | — | — |
| SG&A | $103.04M | $187.33M | $192.09M | $445.75M | $482.40M | $440.25M | $408.93M | $176.32M |
| Operating income | $-185.80M | $-183.20M | $-92.71M | $-636.99M | $-286.66M | $-205.33M | $-45.75M | $-85.53M |
| Operating margin | -66.1% | -39.6% | -13.8% | -43.3% | -26.1% | -16.3% | -3.3% | -4.4% |
| EBITDA | $-16.13M | $-324.12M | $-78.73M | $-569.60M | $-252.03M | $-207.63M | $-44.94M | $-83.86M |
| EBITDA margin | -5.7% | -70.1% | -11.7% | -38.7% | -23.0% | -16.5% | -3.3% | -4.4% |
| EBIT | $-201.93M | $-324.67M | $-79.28M | $-570.85M | $-253.22M | $-210.14M | $-46.27M | $-85.55M |
| Interest expense | $0.00 | $39.07M | $57.11M | $16.91M | $1.36M | $7000.00 | $0.00 | $0.00 |
| Income tax | $-16.13M | $39.07M | $57.11M | $16.91M | $-33.44M | $-208.54M | — | — |
| Effective tax rate | 7.4% | -12.0% | -72.0% | -3.0% | 9.0% | 49.4% | 0.0% | 0.0% |
| Net income | $-201.93M | $-363.74M | $-136.39M | $-587.76M | $-339.57M | $-213.36M | $-43.01M | $-85.55M |
| Net income growth (YoY) | — | -80.1% | +62.5% | -330.9% | +42.2% | +37.2% | +79.8% | -98.9% |
| Profit margin | -71.9% | -78.7% | -20.3% | -39.9% | -31.0% | -16.9% | -3.1% | -4.4% |