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Clover Health Investments profit margin CLOV

Gross, operating and net profit as a share of revenue over the last twelve months, from 2020.

Net margin, 12 months
−0.7%
Operating margin, 12 months
−0.7%
Net margin on a year earlier
+1.9 pts
Peer median
1.5%

Over the twelve months to Jun 30, 2026, Clover Health Investments kept −0.7% of its revenue as net profit, with an operating margin of −0.7%.

Five years earlier its net margin was −50.6%.

The median for 3 health insurers of a similar size is 1.5%.

Profit margin over time

OperatingNet

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearNet marginOperating margin
FY2025−4.4%−4.4%
FY2024−3.1%−3.3%
FY2023−16.9%−16.3%
FY2022−9.8%−10.7%
FY2021−39.9%−43.3%
FY2020−20.3%−13.8%

Quarter by quarter

QuarterEndedNet margin, 12 monthsChange on a yearOperating margin
Q2 FY26−0.7%+1.9 pts−0.7%
Q1 FY26−2.6%−0.9 pts−2.6%
Q4 FY25−4.4%−1.3 pts−4.4%
Q3 FY25−3.3%+3.5 pts−3.3%
Q2 FY25−2.7%+6.7 pts−2.6%
Q1 FY25−1.7%+10.8 pts−1.6%
Q4 FY24−3.1%+13.8 pts−3.3%
Q3 FY24−6.8%+5.5 pts−6.5%
Q2 FY24−9.4%+1.5 pts−8.5%
Q1 FY24−12.4%−0.9 pts−11.5%
Q4 FY23−16.9%−7.2 pts−16.3%
Q3 FY23−12.3%+2.4 pts−13.5%

Against its peers

Companies in Medical - Healthcare Plans nearest Clover Health Investments' size, closest first, today.

CompanyProfit margin
CLOVClover Health Investments−0.7%
ALHCAlignment Healthcare0.9%
TRUPTrupanion1.5%
OSCROscar Health3.6%
Peer median1.5%

Where Clover Health Investments ranks

What the profit margin tells you

Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).

Compare within an industry. 10% is superb for a retailer and poor for a software company.

More on Clover Health Investments

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.