NASDAQ$CLOV

Clover Health Investments Corp. · Q1 2026 earnings

Q1 2026 earnings · · Investor relations

Briefing

Clover Health reported Q1 2026 total revenues of $749.2M and net income of $27.3M ($0.05 diluted EPS).

Clover Health's Q1 2026 total revenues were $749.2 million (+62% YoY) with net income of $27.3 million ($0.05 diluted EPS) versus a $1.3 million loss a year ago as Medicare Advantage membership and care management improved medical cost ratios.

  • Revenue $749.2M (+62%).
  • Net income $27.3M; EPS $0.05.
  • MA membership growth.
  • Care management technology.
  • MCR improvement focus.

Headline financials

Total Revenue

$749M

Previous: $462M+62.0%
EPS (adj)

$0.05

Previous: -$0.01+600.0%
Capital Expenditures

-$854K

Previous: -$185K-361.6%
Net Income

$27.3M

Previous: -$1.27M+2245.5%
Operating Income

$27.3M

Previous: -$1.27M+2245.5%

Revenue & EPS history

Clover Health · Revenue · Quarterly

$749M

Q1 2026+62%vs Q1 2025
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

Membership and STAR ratings outlook in MD&A.

Tailwinds

  • Profitability milestone.
  • Revenue scale.
  • Tech-enabled care model.

Headwinds

  • Regulatory MA rate risk.
  • Medical cost volatility.
  • Competition from incumbents.

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 2026

Historical avgQ1 2026

-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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