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Clover Health Investments CLOV Insurance segment — General and Administrative Expense, Other

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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$2.45B+113%
P/S1.1×+0.4×

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 clov:GeneralAndAdministrativeExpenseOther.

The source filing: Clover Health Investments’s 10-Q, filed May 8, 2026.

Filed
May 8, 2026, 8:06 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001801170-26-000122
Insurance SegmentThree months ended March 31, 2026Three months ended March 31, 2025
Segment gross profit$134,188$89,019
Reconciliation:
Elimination of intersegment profits$20,353$14,445
Other income5,0005,425
Salaries and benefits(57,063)(59,022)
General and administrative expenses(74,629)(50,675)
Depreciation and amortization(515)(466)
Net income (loss)$27,334$(1,274)

Item 1. Financial Statements (Unaudited)

FAQ

What is Clover Health Investments's insurance segment — general and administrative expense, other?
Clover Health Investments (CLOV) reported insurance segment — general and administrative expense, other of $74.63M in Q1 2026.
How has Clover Health Investments's insurance segment — general and administrative expense, other changed year-over-year?
Clover Health Investments's insurance segment — general and administrative expense, other increased by 47.3% year-over-year, from $50.68M to $74.63M.
What is the long-term trend for Clover Health Investments's insurance segment — general and administrative expense, other?
Over 2 years (2023 to 2025), Clover Health Investments's insurance segment — general and administrative expense, other has grown at a -5.7% compound annual growth rate (CAGR), from -$183.09M to -$162.94M.
What does insurance segment — general and administrative expense, other mean?
This encompasses the overhead costs required to run the insurance segment, excluding direct medical claims and personnel costs. Monitoring these expenses helps determine the scalability and administrative efficiency of the insurance operations.

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