Clover Health Investments, Corp. (CLOV) stock
Close on Nov 12, 2026Market cap $2.59BP/E 488.0Yield –
Earnings
Clover Health Investments's quarterly results as reported in its earnings releases, with the company's own outlook. Hover a number to see the sentence it came from.
Quarterly results
Revenue and earnings per share from each of Clover Health Investments's earnings releases, newest first
| Quarter | Reported | Revenue | YoY | EPS | Source |
|---|---|---|---|---|---|
| Q4 FY2026ended Dec 31, 2026 | Feb 25, 2027Expected | – | – | – | – |
| Q3 FY2026ended Sep 30, 2026 | Nov 4, 2026after the close | $759.00M | – | $0.01 | Release |
| Q2 FY2026ended Jun 30, 2026 | Aug 5, 2026after the close | $743.17M | +55.5% | $0.05 | Release |
| Q1 FY2026ended Mar 31, 2026 | May 6, 2026after the close | $749.00M | +62.0% | $0.05 | Release |
| Q4 FY2025ended Dec 31, 2025 | Feb 26, 2026after the close | – | – | – | Release |
| Q2 FY2025ended Jun 30, 2025 | Aug 5, 2025after the close | $478.00M | +34.2% | – | Release |
| Q1 FY2025ended Mar 31, 2025 | May 6, 2025after the close | $462.30M | +33.3% | $0.00 | Release |
| Q4 FY2024ended Dec 31, 2024 | Feb 27, 2025after the close | $337.00M | -34.0% | -$0.04 | Release |
| Q3 FY2024ended Sep 30, 2024 | Nov 6, 2024after the close | – | – | – | Release |
| Q2 FY2024ended Jun 30, 2024 | Aug 5, 2024after the close | $356.30M | -30.6% | $0.01 | Release |
| Q1 FY2024ended Mar 31, 2024 | May 7, 2024after the close | $346.90M | -34.3% | -$0.05 | Release |
| Q4 FY2023ended Dec 31, 2023 | Mar 12, 2024after the close | $510.30M | -43.2% | – | Release |
| Q3 FY2023ended Sep 30, 2023 | Nov 6, 2023after the close | $482.10M | -43.7% | – | Release |
| Q2 FY2023ended Jun 30, 2023 | Aug 8, 2023after the close | $513.60M | – | – | Release |
| Q1 FY2023ended Mar 31, 2023 | May 9, 2023after the close | $527.80M | -39.6% | – | Release |
| Q4 FY2022ended Dec 31, 2022 | Feb 28, 2023before the open | $898.80M | +108.1% | – | Release |
| Q3 FY2022ended Sep 30, 2022 | Nov 7, 2022after the close | $856.80M | +100.6% | – | Release |
| Q1 FY2022ended Mar 31, 2022 | May 9, 2022after the close | $874.40M | – | – | Release |
| Q4 FY2021ended Dec 31, 2021 | Feb 23, 2022after the close | $432.00M | – | – | Release |
| Q3 FY2021ended Sep 30, 2021 | Nov 8, 2021after the close | $427.20M | – | – | Release |
| Q2 FY2021ended Jun 30, 2021 | Aug 13, 2021after the close | – | – | – | Filing |
| Q1 FY2021ended Mar 31, 2021 | May 17, 2021before the open | – | – | – | Filing |
| Q4 FY2020ended Dec 31, 2020 | Mar 1, 2021after the close | – | – | – | Filing |
Figures as first announced; later restatements appear under Financials. Expected dates are estimated from the company's past reporting pattern.
Current guidance
Clover Health Investments's latest outlook for periods it has not reported yet, compared with what it said before
| Metric | Period | Guidance | Before | Change | Given |
|---|---|---|---|---|---|
| Total revenues | FY2026 | $2.97B – $3.00B | – | New | Nov 4, 2026 |
| Total revenues | FY2026 | $2.92B – $3.00B | $2.81B – $2.92B | Raised | Aug 5, 2026 |
| Consolidated Gross Profitnon-GAAP | FY2026 | $470.00M – $510.00M | $470.00M – $510.00M | Reaffirmed | May 6, 2026 |
| Adjusted EBITDA profitabilitynon-GAAP | FY2026 | $75.00M – $85.00M | – | New | Nov 4, 2026 |
| Adjusted EBITDA profitabilitynon-GAAP | FY2026 | $70.00M – $85.00M | $50.00M – $70.00M | Raised | Aug 5, 2026 |
| Average Medicare Advantage membership | FY2026 | 157,000 – 158,000 | – | New | Nov 4, 2026 |
| Average Medicare Advantage membership | FY2026 | 156,000 – 158,000 | 154,000 – 158,000 | Raised | Aug 5, 2026 |
| Consolidated Gross Profitnon-GAAP | FY2026 | $540.00M – $555.00M | – | New | Nov 4, 2026 |
| Consolidated Gross Profitnon-GAAP | FY2026 | $525.00M – $555.00M | – | New | Aug 5, 2026 |
| GAAP Net IncomeGAAP | FY2026 | $25.00M – $35.00M | – | New | Nov 4, 2026 |
| GAAP Net IncomeGAAP | FY2026 | $20.00M – $35.00M | $0 – $20.00M | Raised | Aug 5, 2026 |
Guidance history
Every forecast Clover Health Investments put in an earnings release, newest first
| Given | Metric | Period | Guidance | Change |
|---|---|---|---|---|
| Nov 4, 2026 | Adjusted EBITDA profitability | FY2026 | $75.00M – $85.00M | New |
| Nov 4, 2026 | Average Medicare Advantage membership | FY2026 | 157,000 – 158,000 | New |
| Nov 4, 2026 | GAAP Net Income | FY2026 | $25.00M – $35.00M | New |
| Nov 4, 2026 | Consolidated Gross Profit | FY2026 | $540.00M – $555.00M | New |
| Nov 4, 2026 | Total revenues | FY2026 | $2.97B – $3.00B | New |
| Aug 5, 2026 | Adjusted EBITDA profitability | FY2026 | $70.00M – $85.00M | Raised |
| Aug 5, 2026 | Consolidated Gross Profit | FY2026 | $525.00M – $555.00M | New |
| Aug 5, 2026 | Average Medicare Advantage membership | FY2026 | 156,000 – 158,000 | Raised |
| Aug 5, 2026 | GAAP Net Income | FY2026 | $20.00M – $35.00M | Raised |
| Aug 5, 2026 | Total revenues | FY2026 | $2.92B – $3.00B | Raised |
| May 6, 2026 | Adjusted EBITDA profitability | FY2026 | $50.00M – $70.00M | Reaffirmed |
| May 6, 2026 | Consolidated Gross Profit | FY2026 | $470.00M – $510.00M | Reaffirmed |
| May 6, 2026 | Average Medicare Advantage membership | FY2026 | 154,000 – 158,000 | Reaffirmed |
| May 6, 2026 | GAAP Net Income | FY2026 | $0 – $20.00M | Reaffirmed |
| May 6, 2026 | Total revenues | FY2026 | $2.81B – $2.92B | Reaffirmed |
| Feb 26, 2026 | Adjusted EBITDA | FY2026 | $50.00M – $70.00M | New |
| Feb 26, 2026 | Consolidated Gross profit | FY2026 | $470.00M – $510.00M | New |
| Feb 26, 2026 | GAAP Net Income | FY2026 | $0 – $20.00M | New |
| Feb 26, 2026 | Average Medicare Advantage membership | FY2026 | 154,000 – 158,000 | New |
| Feb 26, 2026 | Total revenues | FY2026 | $2.81B – $2.92B | New |
| Aug 5, 2025 | Adjusted EBITDA | FY2025 | $50.00M – $70.00M | New |
| Aug 5, 2025 | Average Medicare Advantage membership | FY2025 | 104,000 – 108,000 | New |
| Aug 5, 2025 | Adjusted SG&A as a percentage of Total revenues | FY2025 | 18% – 19% | New |
| Aug 5, 2025 | Insurance BER | FY2025 | 88.5% – 89.5% | Raised |
| Aug 5, 2025 | Adjusted SG&A | FY2025 | $335.00M – $345.00M | New |
| Aug 5, 2025 | Adjusted Net income | FY2025 | $50.00M – $70.00M | Lowered |
| Aug 5, 2025 | Insurance revenue | FY2025 | $1.80B – $1.88B | New |
| May 6, 2025 | Adjusted EBITDA | FY2025 | $50.00M – $70.00M | Raised |
| May 6, 2025 | Average Medicare Advantage membership | FY2025 | 103,000 – 107,000 | Reaffirmed |
| May 6, 2025 | Adjusted SG&A as a % of Total revenues | FY2025 | 19% – 20% | Lowered |
| May 6, 2025 | Insurance BER | FY2025 | 87% – 88% | Raised |
| May 6, 2025 | Adjusted SG&A | FY2025 | $355.00M – $365.00M | Reaffirmed |
| May 6, 2025 | Adjusted Net income | FY2025 | $50.00M – $70.00M | Lowered |
| May 6, 2025 | Insurance revenue | FY2025 | $1.80B – $1.88B | Reaffirmed |
| Feb 27, 2025 | Adjusted EBITDA | FY2025 | $45.00M – $70.00M | New |
| Feb 27, 2025 | Average Medicare Advantage membership | FY2025 | 103,000 – 107,000 | New |
| Feb 27, 2025 | Adjusted SG&A as a % of Total revenues | FY2025 | 19% – 20% | New |
| Feb 27, 2025 | Insurance BER | FY2025 | 87% – 88% | Raised |
| Feb 27, 2025 | Adjusted Net income | FY2025 | $45.00M – $70.00M | New |
| Feb 27, 2025 | Adjusted SG&A | FY2025 | $355.00M – $365.00M | Raised |
| Feb 27, 2025 | Insurance revenue | FY2025 | $1.80B – $1.88B | New |
| Aug 5, 2024 | Adjusted EBITDA | FY2024 | $50.00M – $65.00M | Raised |
| Aug 5, 2024 | Insurance MCR | FY2024 | 77% – 79% | Lowered |
| Aug 5, 2024 | Insurance BER | FY2024 | 81% – 83% | New |
| Aug 5, 2024 | Adjusted SG&A | FY2024 | $270.00M – $280.00M | Reaffirmed |
| Aug 5, 2024 | Insurance revenue | FY2024 | $1.35B – $1.38B | Raised |
| May 7, 2024 | Adjusted EBITDA (Non-GAAP) | FY2024 | $10.00M – $30.00M | Raised |
| May 7, 2024 | Insurance MCR | FY2024 | 79% – 81% | Lowered |
| May 7, 2024 | Adjusted SG&A (Non-GAAP) | FY2024 | $270.00M – $280.00M | Reaffirmed |
| May 7, 2024 | Insurance revenue | FY2024 | $1.30B – $1.35B | New |
| Mar 12, 2024 | Adjusted EBITDA (Non-GAAP) | FY2024 | -$20.00M – $20.00M | New |
| Mar 12, 2024 | Insurance MCR | FY2024 | 79% – 83% | New |
| Mar 12, 2024 | Adjusted SG&A (Non-GAAP) | FY2024 | $270.00M – $280.00M | New |
| Mar 12, 2024 | Insurance revenue | FY2024 | $1.25B – $1.30B | New |
| Nov 6, 2023 | Adjusted EBITDA | FY2023 | -$80.00M – -$55.00M | Raised |
| Nov 6, 2023 | Insurance MCR | FY2023 | 81% – 82% | Lowered |
| Nov 6, 2023 | Adjusted SG&A | FY2023 | $310.00M – $315.00M | Lowered |
| Nov 6, 2023 | Non-Insurance MCR | FY2023 | 98% – 100% | Raised |
| Nov 6, 2023 | Non-Insurance Revenue | FY2023 | $750.00M – $800.00M | Lowered |
| Nov 6, 2023 | Insurance Revenue | FY2023 | $1.21B – $1.23B | Raised |
| Aug 8, 2023 | Adjusted EBITDA (non-GAAP) | FY2023 | -$120.00M – -$70.00M | Raised |
| Aug 8, 2023 | Insurance MCR | FY2023 | 83% – 85% | Lowered |
| Aug 8, 2023 | Non-Insurance MCR | FY2023 | 98% – 100% | Raised |
| Aug 8, 2023 | Adjusted SG&A (non-GAAP) | FY2023 | $315.00M – $325.00M | Reaffirmed |
| Aug 8, 2023 | Insurance revenue | FY2023 | $1.20B – $1.23B | Raised |
| Aug 8, 2023 | Non-Insurance revenue | FY2023 | $750.00M – $800.00M | Lowered |
| May 9, 2023 | Adjusted EBITDA (non-GAAP) | FY2023 | -$175.00M – -$125.00M | Raised |
| May 9, 2023 | Insurance MCR | FY2023 | 87% – 89% | Lowered |
| May 9, 2023 | Non-Insurance MCR | FY2023 | 98% – 100% | Raised |
| May 9, 2023 | Adjusted SG&A (non-GAAP) | FY2023 | $315.00M – $325.00M | Reaffirmed |
| May 9, 2023 | Insurance revenue | FY2023 | $1.18B – $1.23B | Raised |
| May 9, 2023 | Non-Insurance revenue | FY2023 | $750.00M – $800.00M | Lowered |
| Feb 28, 2023 | Adjusted EBITDA (non-GAAP) | FY2023 | -$205.00M – -$155.00M | New |
| Feb 28, 2023 | Insurance MCR | FY2023 | 89% – 91% | New |
| Feb 28, 2023 | Non-Insurance MCR | FY2023 | 98% – 100% | Raised |
| Feb 28, 2023 | Adjusted SG&A (non-GAAP) | FY2023 | $315.00M – $325.00M | New |
| Feb 28, 2023 | Insurance revenue | FY2023 | $1.15B – $1.20B | New |
| Feb 28, 2023 | Non-Insurance revenue | FY2023 | $750.00M – $800.00M | Lowered |
| Nov 7, 2022 | Insurance membership | FY2022 | 86,000 – 87,000 | Lowered |
| Nov 7, 2022 | average number of aligned beneficiaries | FY2022 | 165,000 – 170,000 | Raised |
| Nov 7, 2022 | Insurance MCR | FY2022 | 93% – 94% | Lowered |
| Nov 7, 2022 | Adjusted SG&A as a percentage of revenue (non-GAAP) | FY2022 | 9% – 10% | Lowered |
| Nov 7, 2022 | growth rate | FY2022 | +29% – +30% | Raised |
| Nov 7, 2022 | Adjusted SG&A (non-GAAP) | FY2022 | $320.00M – $330.00M | Lowered |
| Nov 7, 2022 | Total revenues | FY2022 | $3.20B – $3.40B | New |
| Nov 7, 2022 | projected Insurance revenue | FY2022 | $1.00B – $1.10B | Lowered |
| Nov 7, 2022 | Non-Insurance revenue | FY2022 | $2.20B – $2.30B | Raised |
| May 9, 2022 | Insurance membership | FY2022 | 84,000 – 85,000 | Lowered |
| May 9, 2022 | average number of aligned beneficiaries | FY2022 | 160,000 – 165,000 | Raised |
| May 9, 2022 | Insurance MCR | FY2022 | 95% – 99% | New |
| May 9, 2022 | Adjusted Operating Expenses as a Percentage of Revenue (Non-GAAP) | FY2022 | 10% – 12% | Reaffirmed |
| May 9, 2022 | Insurance membership growth rate | FY2022 | +26% – +27% | Reaffirmed |
| May 9, 2022 | Insurance revenue | FY2022 | $1.00B – $1.10B | New |
| May 9, 2022 | Non-Insurance revenue | FY2022 | $2.00B – $2.30B | Raised |
| May 9, 2022 | Adjusted Operating Expenses (Non-GAAP) | FY2022 | $330.00M – $345.00M | Reaffirmed |
| May 9, 2022 | Total revenues | FY2022 | $3.00B – $3.40B | Raised |
| Feb 23, 2022 | Medicare Advantage membership | FY2022 | 84,000 – 85,000 | Raised |
| Feb 23, 2022 | average number of aligned beneficiaries | FY2022 | 160,000 – 165,000 | Raised |
| Feb 23, 2022 | GAAP MA MCR | FY2022 | 95% – 99% | Reaffirmed |
| Feb 23, 2022 | Adjusted Operating Expenses as a percentage of revenue (Non-GAAP) | FY2022 | 10% – 12% | New |
| Feb 23, 2022 | Medicare Advantage membership growth rate | FY2022 | +26% – +27% | New |
| Feb 23, 2022 | Adjusted Operating Expenses (Non-GAAP) | FY2022 | $330.00M – $345.00M | New |
| Feb 23, 2022 | Total revenues | FY2022 | $3.00B – $3.40B | New |
| Feb 23, 2022 | MA revenue | FY2022 | $1.00B – $1.10B | Lowered |
| Feb 23, 2022 | Direct Contracting revenue | FY2022 | $2.00B – $2.30B | Raised |
| Nov 8, 2021 | Normalized Adjusted EBITDA loss (Non-GAAP) | FY2021 | -$250.00M – -$230.00M | New |
| Nov 8, 2021 | Adjusted Operating Expenses as a percentage of revenue (Non-GAAP) | Q4 FY2021 | 17% | New |
| Nov 8, 2021 | Medicare Advantage membership | FY2021 | 67,300 – 68,000 | New |
| Nov 8, 2021 | Normalized MA MCR (Non-GAAP) | FY2021 | 94% – 96% | New |
| Nov 8, 2021 | Adjusted Operating Expenses (Non-GAAP) | FY2021 | $270.00M – $280.00M | New |
| Nov 8, 2021 | Medicare Advantage membership | FY2022 | 82,000 | New |
| Nov 8, 2021 | GAAP MA MCR | FY2022 | 95% – 99% | New |
| Nov 8, 2021 | Total revenues | FY2021 | $1.42B – $1.47B | New |
Read from the company's earnings releases; each figure links to its sentence on hover. “Raised” and “Lowered” compare with the previous range for the same metric and period.
Press releases
Releases Clover Health Investments filed with the SEC as exhibits to Form 8-K or 6-K
- Results
- Update
- Update
- Results
- Update
- Results
- News
- Update
- Results
- Update
- Update
- Update
- Update
- Update
- Update
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