Clover Health Investments CLOV Insurance segment — Elimination of intersegment profits
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Where this comes from
Reported directly by Clover Health Investments in its filing.
Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
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 segment — elimination of intersegment profits?
- Clover Health Investments (CLOV) reported insurance segment — elimination of intersegment profits of $20.35M in Q1 2026.
- How has Clover Health Investments's insurance segment — elimination of intersegment profits changed year-over-year?
- Clover Health Investments's insurance segment — elimination of intersegment profits increased by 40.9% year-over-year, from $14.45M to $20.35M.
- What does insurance segment — elimination of intersegment profits mean?
- This adjustment removes profit margins recognized on transactions between internal business units to ensure consolidated financial statements reflect only external revenue. It is essential for accurately assessing the true economic contribution of the insurance segment.