Clover Health Investments, Corp. (CLOV)

Clover Health Investments Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	1,924	1,371	1,261	1,097	1,472
Revenue Growth (YoY)	40.34%	8.77%	14.95%	-25.51%	118.76%
Cost of Revenue	1,568	1,006	1,005	993.07	1,551
Gross Profit	355.9	364.8	255.95	103.48	-79.18
Selling, General & Admin	439.75	408.93	440.25	482.4	445.75
Depreciation & Amortization Expenses	1.69	1.33	2.51	1.19	1.25
Other Operating Expenses	-	0.29	18.53	-93.45	110.82
Total Operating Expenses	441.43	410.55	461.28	390.14	557.81
Operating Income	-85.53	-45.75	-205.33	-286.66	-636.99
Interest Expense	-	-	-0.01	-1.36	-16.91
Other Non-Operating Income (Expense)	0.02	-0.42	-4.64	31.64	-66.15
Total Non-Operating Income (Expense)	0.02	-0.42	-4.65	30.28	-83.06
Pretax Income	-85.51	-46.17	-209.98	-256.38	-720.05
Net Income	-85.55	-43.01	-213.36	-339.57	-587.76
Earnings From Discontinued Operations	-	3.26	-3.21	-84.98	-
Net Income to Common	-85.55	-43.01	-213.36	-339.57	-587.76
Shares Outstanding (Basic)	512	490	482	476	413
Shares Outstanding (Diluted)	512	490	482	476	413
Shares Change (YoY)	4.48%	1.63%	1.25%	15.33%	365.57%
EPS (Basic)	-0.17	-0.09	-0.44	-0.53	-1.42
EPS (Diluted)	-0.17	-0.09	-0.44	-0.53	-1.42
Free Cash Flow	-68.98	33.29	-145.25	-208.39	-283.05
Free Cash Flow Per Share	-0.13	0.07	-0.30	-0.44	-0.69
Gross Margin	18.50%	26.61%	20.30%	9.44%	-5.38%
Operating Margin	-4.44%	-3.34%	-16.29%	-26.14%	-43.27%
Profit Margin	-4.45%	-3.37%	-16.67%	-23.22%	-48.92%
FCF Margin	-3.58%	2.43%	-11.52%	-19.00%	-19.23%
EBITDA	-83.84	-44.42	-202.82	-285.48	-635.75
EBITDA Margin	-4.36%	-3.24%	-16.09%	-26.03%	-43.19%
EBIT	-85.53	-45.75	-205.33	-286.66	-636.99
EBIT Margin	-4.44%	-3.34%	-16.29%	-26.14%	-43.27%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q