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Clover Health Investments (CLOV) Revenue & Revenue Breakdown

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Clover Health Investments Revenue Highlights

Latest Revenue (Y)

$2.03B

Latest Revenue (Q)

$330.99M

Main Segment (Y)

Non-Insurance

Main Geography (Y)

Direct Contracting Operations

Clover Health Investments Revenue by Period

Clover Health Investments Revenue by Year

DateRevenueChange
2023-12-31$2.03B-41.64%
2022-12-31$3.48B136.19%
2021-12-31$1.47B118.76%
2020-12-31$672.89M45.56%
2019-12-31$462.27M-

Clover Health Investments generated $2.03B in revenue during NA 2023, up -41.64% compared to the previous quarter, and up 0.00% compared to the same period a year ago.

Clover Health Investments Revenue by Quarter

DateRevenueChange
2024-09-30$330.99M-7.09%
2024-06-30$356.24M2.83%
2024-03-31$346.45M-31.45%
2023-12-31$505.44M4.85%
2023-09-30$482.07M-6.14%
2023-06-30$513.63M-2.68%
2023-03-31$527.77M-41.28%
2022-12-31$898.79M4.90%
2022-09-30$856.82M1.19%
2022-06-30$846.70M-3.17%
2022-03-31$874.38M102.39%
2021-12-31$432.04M1.14%
2021-09-30$427.16M3.56%
2021-06-30$412.47M105.90%
2021-03-31$200.32M20.51%
2020-12-31$166.23M-1.68%
2020-09-30$169.07M-1.75%
2020-06-30$172.08M3.97%
2020-03-31$165.50M64.60%
2019-12-31$100.55M-15.07%
2019-09-30$118.38M0.41%
2019-06-30$117.91M-
2019-03-31$117.91M-

Clover Health Investments generated $330.99M in revenue during Q3 2024, up -7.09% compared to the previous quarter, and up 64.44% compared to the same period a year ago.

Clover Health Investments Revenue Breakdown

Clover Health Investments Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 21
Insurance$10.34M-
Non-Insurance$773.18M-
Direct Contracting Operations-$667.64M

Clover Health Investments's latest annual revenue breakdown by segment (product or service), as of Dec 23: Non-Insurance (98.68%), and Insurance (1.32%).

Quarterly Revenue by Product

Product/ServiceSep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21
Insurance$4.31M$3.73M$3.14M$3.34M$2.02M$1.84M$1.13M$957.00K$220.00K$271.00K---
Non-Insurance--$595.39M$176.04M$1.32M$428.00K$834.00K$457.00K$20.00K----
Corporate and Other-------$29.95M$27.03M$9.38M$16.51M--
Medicare Advantage Segment----------$108.00K--
Direct Contracting Segment-------------

Clover Health Investments's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Insurance (100.00%).

Clover Health Investments Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 21
Direct Contracting Operations$667.64M

Clover Health Investments's latest annual revenue breakdown by geography, as of Dec 21: Direct Contracting Operations (100.00%).

Clover Health Investments Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
CLOVClover Health Investments$2.03B$330.99M
FUBOfuboTV$1.37B$386.21M
SNDLSNDL$909.01M$197.75M
BBBlackBerry$847.88M$145.00M
SKLZSkillz$150.11M$24.56M

CLOV Revenue FAQ

What is Clover Health Investments’s yearly revenue?

Clover Health Investments's yearly revenue for 2023 was $2.03B, representing a decrease of -41.64% compared to 2022. The company's yearly revenue for 2022 was $3.48B, representing an increase of 136.19% compared to 2021. CLOV's yearly revenue for 2021 was $1.47B, representing an increase of 118.76% compared to 2020.

What is Clover Health Investments’s quarterly revenue?

Clover Health Investments's quarterly revenue for Q3 2024 was $330.99M, a -7.09% decrease from the previous quarter (Q2 2024), and a -31.34% decrease year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $356.24M, a 2.83% increase from the previous quarter (Q1 2024), and a -30.64% decrease year-over-year (Q2 2023). CLOV's quarterly revenue for Q1 2024 was $346.46M, a -31.45% decrease from the previous quarter (Q4 2023), and a -34.36% decrease year-over-year (Q1 2023).

What is Clover Health Investments’s revenue growth rate?

Clover Health Investments's revenue growth rate for the last 3 years (2021-2023) was 37.83%, and for the last 5 years (2019-2023) was 338.90%.

What are Clover Health Investments’s revenue streams?

Clover Health Investments's revenue streams in c 23 are Insurance, and Non-Insurance. Insurance generated $10.34M in revenue, accounting 1.32% of the company's total revenue Non-Insurance generated $773.18M in revenue, accounting 98.68% of the company's total revenue

What is Clover Health Investments’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Clover Health Investments was Non-Insurance. This segment made a revenue of $773.18M, representing 98.68% of the company's total revenue.