Clover Health Investments (CLOV) Revenue & Revenue Breakdown
Clover Health Investments Revenue Highlights
Latest Revenue (Y)
$2.03B
Latest Revenue (Q)
$349.88M
Main Segment (Y)
Non-Insurance
Main Geography (Y)
Direct Contracting Operations
Clover Health Investments Revenue by Period
Clover Health Investments Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $2.03B | -41.64% |
| 2022-12-31 | $3.48B | 136.19% |
| 2021-12-31 | $1.47B | 118.76% |
| 2020-12-31 | $672.89M | 45.56% |
| 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
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $349.88M | 0.99% |
| 2024-03-31 | $346.45M | -31.45% |
| 2023-12-31 | $505.44M | 4.85% |
| 2023-09-30 | $482.07M | -6.14% |
| 2023-06-30 | $513.63M | -2.68% |
| 2023-03-31 | $527.77M | -41.28% |
| 2022-12-31 | $898.79M | 4.90% |
| 2022-09-30 | $856.82M | 1.19% |
| 2022-06-30 | $846.70M | -3.17% |
| 2022-03-31 | $874.38M | 102.39% |
| 2021-12-31 | $432.04M | 1.14% |
| 2021-09-30 | $427.16M | 3.56% |
| 2021-06-30 | $412.47M | 105.90% |
| 2021-03-31 | $200.32M | 20.51% |
| 2020-12-31 | $166.23M | -1.68% |
| 2020-09-30 | $169.07M | -1.75% |
| 2020-06-30 | $172.08M | 3.97% |
| 2020-03-31 | $165.50M | 64.60% |
| 2019-12-31 | $100.55M | -15.07% |
| 2019-09-30 | $118.38M | 0.41% |
| 2019-06-30 | $117.91M | - |
| 2019-03-31 | $117.91M | - |
Clover Health Investments generated $349.88M in revenue during Q2 2024, up 0.99% compared to the previous quarter, and up 66.29% 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/Service | Dec 23 | Dec 21 |
|---|---|---|
| Non-Insurance | $773.18M | - |
| Insurance | $10.34M | - |
| 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/Service | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Insurance | $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 Mar 24: Insurance (100.00%).
Clover Health Investments Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 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%).
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 Q2 2024 was $349.88M, a 0.99% increase from the previous quarter (Q1 2024), and a -31.88% decrease year-over-year (Q2 2023). The company'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). CLOV's quarterly revenue for Q4 2023 was $505.44M, a 4.85% increase from the previous quarter (Q3 2023), and a -43.76% decrease year-over-year (Q4 2022).
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 Non-Insurance, and Insurance. Non-Insurance generated $773.18M in revenue, accounting 98.68% of the company's total revenue Insurance generated $10.34M in revenue, accounting 1.32% 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.