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Clover Health Investments CLOV Total Operating Expenses

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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:OperatingExpenses.

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
Salaries and benefits57,06359,022
General and administrative expenses74,62950,675
Depreciation and amortization515466
Total operating expenses721,855463,605
Income (loss) from operations27,334(1,274)
Net income (loss)$27,334$(1,274)
Per share data:
Basic weighted average number of class A and class B common shares and common share equivalents outstanding522,184,385497,056,331

Item 1. Financial Statements (Unaudited)

FAQ

What is Clover Health Investments's total operating expenses?
Clover Health Investments (CLOV) reported total operating expenses of $721.86M in Q1 2026.
How has Clover Health Investments's total operating expenses changed year-over-year?
Clover Health Investments's total operating expenses increased by 55.7% year-over-year, from $463.61M to $721.86M.
What is the long-term trend for Clover Health Investments's total operating expenses?
Over 3 years (2021 to 2025), Clover Health Investments's total operating expenses has grown at a -1.6% compound annual growth rate (CAGR), from $2.11B to $2.01B.
What does total operating expenses mean?
The sum of all operating costs including COGS, SG&A, R&D, D&A, and other operating charges. Revenue minus total operating expenses equals operating income.

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