Clover Health Investments Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	2,211	1,924	1,371	1,261	1,097	1,472
Revenue Growth (YoY)	48.75%	40.34%	8.77%	14.95%	-25.51%	118.76%
Cost of Revenue	1,805	1,568	1,006	1,005	993.07	1,551
Gross Profit	406.55	355.9	364.8	255.95	103.48	-79.18
Selling, General & Admin	461.74	439.75	408.93	440.25	482.4	445.75
Depreciation & Amortization Expenses	1.74	1.69	1.33	2.51	1.19	1.25
Other Operating Expenses	-	-	0.29	18.53	-93.45	110.82
Total Operating Expenses	463.48	441.43	410.55	461.28	390.14	557.81
Operating Income	-56.92	-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	0.02	-0.42	-4.64	31.64	-66.15
Total Non-Operating Income (Expense)	0.02	0.02	-0.42	-4.65	30.28	-83.06
Pretax Income	-56.9	-85.51	-46.17	-209.98	-256.38	-720.05
Net Income	-56.94	-85.55	-43.01	-213.36	-339.57	-587.76
Earnings From Discontinued Operations	-	-	3.26	-3.21	-84.98	-
Net Income to Common	-56.94	-85.55	-43.01	-213.36	-339.57	-587.76
Shares Outstanding (Basic)	515	512	490	482	476	413
Shares Outstanding (Diluted)	518	512	490	482	476	413
Shares Change (YoY)	4.92%	4.48%	1.63%	1.25%	15.33%	365.57%
EPS (Basic)	-0.12	-0.17	-0.09	-0.44	-0.53	-1.42
EPS (Diluted)	-0.12	-0.17	-0.09	-0.44	-0.53	-1.42
Shares Outstanding	525.27	519.04	503.53	489.05	478.39	470.85
Free Cash Flow	54.54	-68.98	33.29	-145.25	-208.39	-283.05
Free Cash Flow Per Share	0.11	-0.13	0.07	-0.30	-0.44	-0.69
Gross Margin	18.39%	18.50%	26.61%	20.30%	9.44%	-5.38%
Operating Margin	-2.57%	-4.44%	-3.34%	-16.29%	-26.14%	-43.27%
Profit Margin	-2.58%	-4.45%	-3.37%	-16.67%	-23.22%	-48.92%
FCF Margin	2.47%	-3.58%	2.43%	-11.52%	-19.00%	-19.23%
EBITDA	-55.19	-83.84	-44.42	-202.82	-285.48	-635.75
EBITDA Margin	-2.50%	-4.36%	-3.24%	-16.09%	-26.03%	-43.19%
EBIT	-56.92	-85.53	-45.75	-205.33	-286.66	-636.99
EBIT Margin	-2.57%	-4.44%	-3.34%	-16.29%	-26.14%	-43.27%

Updated May 8, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q