NASDAQ$CLOV

Clover Health Investments Corp. · Q1 2025 earnings

Q1 2025 earnings · · After market close · Investor relations

Briefing

Clover Health reported Q1 2025, revenue of $462.3M, a net loss of $1.3M, diluted EPS of ($0.01).

For Q1 2025, Clover Health reported revenue of $462.3M, a net loss of $1.3M, diluted EPS was ($0.01). The filing highlights segment performance, liquidity, and management commentary on the period.

  • Revenue $462.3M.
  • Net loss $1.3M.
  • Diluted EPS ($0.01).

Headline financials

Total Revenue

$462M

Previous: $347M+33.3%
EPS (adj)

-$0.01

Previous: -$0.04+75.0%
Avg MA Membership

102.0K

Previous: 79.3K+28.6%
Insurance BER

86.1%

Previous: 83.2%+3.5%
Adj SG&A % Revenue

18.0%

Previous: 21.6%-16.7%
Adjusted EBITDA

$25.8M

Previous: $6.82M+278.0%
Adj Net Loss

$25.3M

Previous: $6.04M+319.5%
Capital Expenditures

-$185K

Previous: -$445K+58.4%
Net Income

-$1.27M

Previous: -$19.2M+93.4%
Operating Income

-$1.27M

Previous: -$22.7M+94.4%

Revenue & EPS history

Clover Health · Revenue · Quarterly

$462M

Q1 2025+33.3%vs Q1 2024
Beat estimate in 13 of 15 quarters(87%)
ActualEstimate

Revenue by segment

Clover Health · $301M total across 1 segment · Q3 2023

  • Insurance Revenue
    $301M+12.4%

Forward guidance

Management discusses operating priorities, capital allocation, and sector risks in the quarterly filing.

Tailwinds

  • Headline results and segment trends anchor the quarter.
  • Liquidity and balance-sheet capacity support operations.
  • Strategic initiatives outlined in MD&A.

Headwinds

  • Macro, rates, or input costs may pressure margins.
  • One-time items affect year-over-year comparability.
  • Execution risk on growth or restructuring plans.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

-0.1%

Avg return

Earnings day

+1.0%

Avg return

5 days after

+5.7%

Avg return

30 days after

46%

11 / 24 earnings

Positive

+20.9%

Q1 2024

Best reaction

-15.4%

Q3 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+11.0%+26.3%+36.3%
Q4 2025-3.2%+0.5%-18.6%
Q3 2025-15.4%-26.1%-26.7%
Q1 2025+11.9%+3.6%-8.8%
Q4 2024-4.1%-7.5%-13.3%
Q3 2024-15.0%-22.9%-22.2%
Q2 2024+9.6%+11.4%+71.6%
Q1 2024+20.9%+13.9%+52.8%
Q4 2023+2.2%+1.1%-9.8%
Q3 2023-15.2%-17.2%-13.0%
Q2 2023+10.3%+19.0%+4.0%
Q1 2023+4.7%+11.2%+10.1%
Q4 2022-2.2%-5.2%-28.3%
Q3 2022-5.8%+11.7%-13.1%
Q2 2022-14.4%+1.2%-23.6%
Q1 2022-11.9%-3.0%-5.2%
Q4 2021+20.1%+33.3%+72.5%
Q3 2021-4.3%-9.0%-40.9%
Q2 2021+7.1%+1.0%+2.1%
Q1 2021-6.7%-7.2%+73.4%
Q2 2020+2.6%+4.3%+37.0%
Q4 2020-3.8%-16.6%-19.6%
Q3 2020+0.3%+0.7%+9.1%
Q4 2019-0.1%-0.2%+10.2%
Q1 2020
Q3 2019
Q2 2019
Q1 2019

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