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Clover Health Investments CLOV Insurance segment — Net medical claims incurred

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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$2.74B-49.7%

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:PolicyholderBenefitsAndClaimsIncurredNet.

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 — net medical claims incurred?
Clover Health Investments (CLOV) reported insurance segment — net medical claims incurred of $610M in Q1 2026.
How has Clover Health Investments's insurance segment — net medical claims incurred changed year-over-year?
Clover Health Investments's insurance segment — net medical claims incurred increased by 65.8% year-over-year, from $367.89M to $610M.
What does insurance segment — net medical claims incurred mean?
This reflects the total costs associated with medical services provided to insured members, net of any recoveries. It is a critical measure of the segment's medical loss ratio and the effectiveness of clinical management strategies.