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Clover Health Investments CLOV Net premiums earned

Net premiums earned at other companies

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$35.12B+2.7%
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$86.96B-1.1%
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$10.24B-5.7%
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$680.7M+4.5%

Segments

By segment

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Insurance segment$744.19M

By product

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Insurance Operations$1.89B

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:PremiumsEarnedNet.

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
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Revenues:
Premiums earned, net (Net of ceded premiums of $92 and $95 for the three months ended March 31, 2026 and 2025, respectively)$744,189$456,906
Other income5,0005,425
Total revenues749,189462,331
Operating expenses:
Net medical claims incurred589,648353,442
Salaries and benefits57,06359,022
General and administrative expenses74,62950,675

Item 1. Financial Statements (Unaudited)

FAQ

What is Clover Health Investments's net premiums earned?
Clover Health Investments (CLOV) reported net premiums earned of $744.19M in Q1 2026.
How has Clover Health Investments's net premiums earned changed year-over-year?
Clover Health Investments's net premiums earned increased by 62.9% year-over-year, from $456.91M to $744.19M.
What is the long-term trend for Clover Health Investments's net premiums earned?
Over 4 years (2021 to 2025), Clover Health Investments's net premiums earned has grown at a 24.0% compound annual growth rate (CAGR), from $799.41M to $1.89B.
What does net premiums earned mean?
Represents the total revenue generated from insurance premiums after accounting for reinsurance cessions. This metric reflects the core top-line income from underwriting activities and is a primary indicator of the company's market reach and pricing power in the insurance segment.

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