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Clover Health Investments CLOV Insurance segment — Salaries And Benefits, 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:SalariesAndBenefitsOther.

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 — salaries and benefits, other?
Clover Health Investments (CLOV) reported insurance segment — salaries and benefits, other of $57.06M in Q1 2026.
How has Clover Health Investments's insurance segment — salaries and benefits, other changed year-over-year?
Clover Health Investments's insurance segment — salaries and benefits, other decreased by 3.3% year-over-year, from $59.02M to $57.06M.
What is the long-term trend for Clover Health Investments's insurance segment — salaries and benefits, other?
Over 2 years (2023 to 2025), Clover Health Investments's insurance segment — salaries and benefits, other has grown at a -19.8% compound annual growth rate (CAGR), from -$257.16M to -$165.55M.
What does insurance segment — salaries and benefits, other mean?
This represents the total compensation costs for personnel dedicated to the insurance segment, including wages, bonuses, and benefits. It is a key metric for evaluating the operational labor intensity required to support the segment's growth.

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