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Clover Health Investments CLOV Insurance Operations — Unpaid claims

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Other financials

Income statement

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Revenue$749.2M+62.0%
Operating income$27.3M+2,246%
Net income$27.3M+2,246%
EPS (diluted)$0.05

Balance sheet

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Cash & equivalents$173.3M+11.5%
Total debt$3.3M-0.9%
Total equity$339.4M+1.0%
Total assets$697.7M+19.5%

Cash flow

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Operating cash flow$107.9M+762%
CapEx$854.0K+362%
Free cash flow$107.0M+750%

Valuation

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Market cap$2.67B-49.7%
P/S1.2×-2.4×

Profitability

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Operating margin-2.6%+3.5pp
Net margin-2.6%+2.8pp
FCF margin-10.3%

Returns & leverage

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Return on equity-16.9%-170pp
Debt / equity0.0×
Current ratio1.3×-0.2×

Where this comes from

Reported directly by Clover Health Investments in its filing.

Tagged under the XBRL concept us-gaap:LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet.

The official record: Clover Health Investments’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Clover Health Investments's insurance operations — unpaid claims?
Clover Health Investments (CLOV) reported insurance operations — unpaid claims of $260.4M in Q1 2026.
How has Clover Health Investments's insurance operations — unpaid claims changed year-over-year?
Clover Health Investments's insurance operations — unpaid claims increased by 72.5% year-over-year, from $151M to $260.4M.
What is the long-term trend for Clover Health Investments's insurance operations — unpaid claims?
Over 3 years (2022 to 2025), Clover Health Investments's insurance operations — unpaid claims has grown at a 0.3% compound annual growth rate (CAGR), from $578.6M to $584.5M.
What does insurance operations — unpaid claims mean?
Represents the total estimated liability for insurance claims that have been reported but not yet settled or incurred but not yet reported. This figure reflects the company's obligation to policyholders for medical services already provided. It is a critical indicator of reserve adequacy and future cash outflow requirements for the insurance segment.