Price
Prices are end-of-day closes. This is a research view, the focus is on the fundamentals, quality and valuation below, not intraday price.
Smart Score
Top tier(1)Represents full year 2025 Benefits expense ratio (“BER”) for Clover Health, as well as most recent results of other public companies with “Traditional MA Plan” approaches that have reported results as of the time of this publication. BER is a non-GAAP financial measure. We calculate our BER by taking the total of Insurance net medical expenses incurred and quality improvements, and dividing that total by premiums earned on a net basis, in a given period.
In the company’s own words · 10-K filed Feb 27, 2026 · SEC EDGAR
Business segments
Q2 2025 · $32.4MThe company’s own SEC segment disclosure.
- Insurance$16.2M50%
- Insurance$16.2M50%
Clover Health Investments, Corp. (CLOV) reported revenue of $743M in Q2 2026 (quarter ended June 30, 2026), up 56% from the same quarter a year earlier. That came with net income of $28M (3.8% of revenue). For the full year FY2025, revenue was $1.92B (+40% year on year) and net income −$86M. Its largest segment in 2025-Q2 was Insurance at $16M, 50.0% of the disclosed total, just ahead of Insurance at 50.0%.
Raw charts
10 series · TTMAs reported to the SEC, without any scoring.
Healthcare Plans
Ranks #2 of 11 by Smart Score