Clover Health Investments, Corp. income statement
In fiscal 2025, Clover Health Investments, Corp. reported revenue of $1.92bn, up 40.3% on the year before, operating income of −$85.5m (a -4.4% margin) and net income of −$85.5m. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 462 | 673 | 1,472 | 1,097 | 1,261 | 1,371 | 1,924 | 2,477 |
| Gross profit | — | — | −79 | 70 | 257 | — | — | — |
| General and administrative | 96 | 121 | 185 | 204 | 183 | 176 | 214 | 260 |
| Operating income | −183 | −93 | −637 | −287 | −205 | −46 | −86 | −18 |
| Interest expense | 23 | 36 | 3 | 1 | 0 | 0 | 0 | — |
| Income before tax | — | — | — | — | −213 | −43 | −86 | — |
| Income tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Net income | −364 | −136 | −588 | −340 | −213 | −43 | −86 | −18 |
| Diluted EPS | −$4.14 | −$1.54 | −$1.42 | −$0.71 | −$0.44 | — | — | −$0.03 |
| Diluted shares (average) | 88m | 89m | 413m | 476m | 482m | 490m | 512m | 530m |
| EBITDA | −186 | −93 | −637 | −288 | −209 | −48 | −87 | −18 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 331 | 337 | 462 | 478 | 497 | 488 | 749 | 743 |
| Gross profit | 81 | — | — | — | — | — | — | — |
| General and administrative | 35 | 52 | 51 | 48 | 49 | 66 | 75 | 70 |
| Operating income | −9 | −21 | −1 | −11 | −24 | −49 | 27 | 28 |
| Interest expense | 0 | 0 | — | — | — | — | — | — |
| Net income | −9 | −22 | −1 | −11 | −24 | −49 | 27 | 28 |
| Diluted EPS | — | — | $0.00 | −$0.02 | — | — | $0.05 | $0.05 |
| EBITDA | −8 | −22 | −2 | −10 | −24 | −50 | 27 | 29 |
Compare with peers
- Alignment Healthcare, Inc. income statement
- Oscar Health, Inc. income statement
- Molina Healthcare, Inc. income statement
- Humana income statement
- Elevance Health income statement
Head to head: ALHC vs CLOVCLOV vs OSCRCLOV vs MOH
More: Managed Health Care stocks compared, Health Care sector, rankings of US companies