NASDAQ$CLOV

Clover Health Investments Corp. · Q4 2024 earnings

Q4 2024 earnings · · After market close · Investor relations

Briefing

CLOV reported Q4 2024 revenue of $1.80B, net income of $70.0M.

For Q4 2024, CLOV reported Revenue was $1.80B, net income was $70.0M. Management discusses operating trends, liquidity, and outlook in the filing.

  • Revenue $1.80B for Q4 2024.
  • Net income $70.0M.
  • MD&A highlights operating priorities, liquidity, and sector risks.

Headline financials

Total Revenue

$1.8B

Previous: $505M+256.1%
EPS (adj)

$0.01

Previous: -$0.15+106.7%
Avg MA Membership

82.2K

Previous: 81.2K+1.2%
Insurance BER

82.8%

Previous: 87.4%-5.3%
Adj SG&A % Revenue

25.6%

Previous: 25.0%+2.4%
Adjusted EBITDA

$7.8M

No prior period
Adj Net Loss

$7.42M

No prior period
Net Income

$70M

Previous: -$70.5M+199.3%
Operating Income

-$21.4K

Previous: -$65.7M+100.0%

Revenue & EPS history

Clover Health · Revenue · Quarterly

$1.8B

Q4 2024+256.1%vs Q4 2023
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

The filing discusses operating priorities, capital allocation, and demand trends.

Tailwinds

  • Management outlines strategic priorities and cost actions.
  • Segment commentary supports the earnings narrative.

Headwinds

  • Macro, rates, or input costs may pressure margins.
  • One-time items can affect year-over-year comparability.

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 Q4 2024

Historical avgQ4 2024

-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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