Income Statement - CLOVER HEALTH INVESTMENTS, CORP. /DE (CLOV)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | |
|---|---|---|---|---|---|---|---|---|
| Total revenue | 1,924.31 | 1,371.13 | 1,260.54 | 1,096.55 | 1,472.00 | 672.89 | 462.27 | 281.02 |
| Cost of revenue | 1,568.41 | 1,006.33 | 1,004.59 | 993.07 | 1,551.18 | 590.08 | 449.70 | |
| Gross profit | 355.88 | 364.80 | 255.95 | 103.48 | -79.18 | 82.81 | 12.57 | 281.02 |
| Total operating expenses | 441.43 | 410.55 | 461.28 | 390.14 | 557.81 | 175.51 | 195.76 | 476.00 |
| Operating income | -85.53 | -45.75 | -205.33 | -286.66 | -636.99 | -92.71 | -183.20 | -185.80 |
| Non-operating income (net) | -0.02 | -0.52 | -4.82 | 32.08 | 49.24 | -43.69 | -180.54 | -16.13 |
| Income before tax | -85.55 | -46.27 | -210.15 | -254.58 | -587.76 | -136.39 | -363.74 | -201.93 |
| Income tax expense | -208.54 | -33.44 | 16.91 | 57.11 | 39.07 | -16.13 | ||
| Net income | -85.55 | -43.01 | -213.36 | -339.57 | -587.76 | -136.39 | -363.74 | -201.93 |
Show Quarterly Income Statement
Income Statement - CLOVER HEALTH INVESTMENTS, CORP. /DE (CLOV)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 749.19 | 487.71 | 496.65 | 477.62 | 462.33 | 336.96 | 330.99 | 356.26 | 346.92 | 510.25 | 306.03 | 320.14 | 321.99 | 898.79 | 856.82 | 846.70 | 874.38 | 432.04 | 427.16 | 412.47 | 200.33 | 166.23 | 169.07 | 172.08 | 165.51 | 118.38 | 117.91 | 117.91 | |
| Cost of revenue | 589.65 | 413.50 | 423.47 | 377.99 | 353.44 | 243.04 | 249.77 | 248.35 | 265.16 | 447.99 | 235.79 | 244.26 | 274.79 | 893.65 | 839.80 | 858.79 | 861.72 | 441.80 | 436.33 | 458.50 | 214.42 | 179.54 | 144.85 | 119.37 | 146.33 | ||||
| Gross profit | 159.54 | 74.21 | 73.18 | 99.63 | 108.89 | 93.92 | 81.21 | 107.91 | 81.76 | 62.27 | 70.24 | 75.88 | 47.20 | 5.15 | 17.02 | -12.09 | 12.66 | -9.77 | -9.16 | -46.03 | -14.10 | -13.31 | 24.22 | 52.72 | 19.18 | 118.38 | 117.91 | 117.91 | |
| Total operating expenses | 132.21 | 123.53 | 97.55 | 110.19 | 110.16 | 115.37 | 90.00 | 100.73 | 104.46 | 127.93 | 103.86 | 104.76 | 126.90 | 112.31 | 91.11 | 90.64 | 100.14 | 177.02 | 140.09 | 135.83 | 104.99 | 54.32 | 45.84 | 29.55 | 45.81 | 0.02 | 162.57 | 230.53 | 230.53 |
| Operating income | 27.33 | -49.32 | -24.38 | -10.56 | -1.27 | -21.45 | -8.79 | 7.19 | -22.70 | -65.66 | -33.62 | -28.88 | -79.70 | -107.16 | -74.10 | -102.73 | -87.48 | -186.79 | -149.25 | -181.86 | -119.09 | -67.63 | -21.62 | 23.17 | -26.63 | -0.02 | -30.85 | -44.29 | -44.29 |
| Non-operating income (net) | 0.00 | 0.00 | 0.00 | -0.02 | 0.00 | -0.03 | 0.00 | -0.02 | -0.47 | -4.81 | 0.00 | -0.01 | 0.00 | 23.12 | -1.39 | -1.64 | 11.99 | -0.41 | 114.73 | -135.75 | 70.67 | -58.76 | 34.38 | -17.77 | -1.53 | 0.00 | -20.81 | -72.42 | -72.42 |
| Income before tax | 27.33 | -49.32 | -24.38 | -10.58 | -1.27 | -21.48 | -8.79 | 7.17 | -23.17 | -70.47 | -33.62 | -28.89 | -79.70 | -84.05 | -75.49 | -104.36 | -75.49 | -187.20 | -34.53 | -317.61 | -48.42 | -126.39 | 12.76 | 5.40 | -28.16 | -0.02 | -51.66 | -116.70 | -116.70 |
| Income tax expense | -45.31 | -0.82 | -65.66 | 0.60 | 0.01 | -72.61 | -22.42 | 0.98 | 1.23 | -12.39 | 0.41 | 0.43 | 1.24 | 14.84 | 16.61 | 13.68 | 13.29 | 13.53 | -20.81 | -72.42 | -72.42 | ||||||||
| Net income | 27.33 | -49.32 | -24.38 | -10.58 | -1.27 | -22.09 | -9.16 | 7.41 | -19.17 | -70.47 | -41.47 | -28.81 | -72.61 | -84.05 | -75.49 | -104.36 | -75.49 | -187.20 | -34.53 | -317.61 | -48.42 | -126.39 | 12.76 | 5.40 | -28.16 | -0.02 | -51.66 | -116.70 | -116.70 |