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Clover Health Investments CLOV Insurance segment — Impairment of goodwill and other intangible assets

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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 us-gaap:GoodwillAndIntangibleAssetImpairment.

The source filing: Clover Health Investments’s 10-K, filed February 27, 2026.

Filed
Feb 27, 2026, 8:08 AM EST
Fiscal year
FY2025
Accession
0001801170-26-000057
Insurance SegmentYear ended December 31, 2025Year ended December 31, 2024Year ended December 31, 2023
Other income32,57626,25024,774
Salaries and benefits(225,475)(232,454)(257,157)
General and administrative expenses(214,270)(176,480)(183,089)
Impairment of goodwill and other intangible assets(15,945)
Premium deficiency reserve benefit7,239
Depreciation and amortization(1,686)(1,331)(2,509)
Restructuring costs(288)(9,821)
Change in fair value of warrants(20)(50)(86)

Item 8. Consolidated Financial Statements and Supplementary Data

FAQ

What is Clover Health Investments's insurance segment — impairment of goodwill and other intangible assets?
Clover Health Investments (CLOV) reported insurance segment — impairment of goodwill and other intangible assets of $0 in Q4 2025.
What does insurance segment — impairment of goodwill and other intangible assets mean?
This charge reflects a reduction in the carrying value of intangible assets when their fair value falls below their book value. It serves as a risk indicator regarding the long-term value of past acquisitions or capitalized investments within the segment.

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