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Clover Health Investments (CLOV) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 7, 2026

Clover Health Investments (CLOV) reported revenue of $743M for the second quarter 2026 (Q2 2026), +56% from a year earlier and -0.8% from the quarter before. Operating margin was 3.8%, net earnings $28.0M (3.8% of revenue).

Revenue$743M
Year over year+56%
Quarter over quarter-0.8%
Operating margin3.8%
Net earnings$28.0M

Clover Health Investments, Q2 2026: revenue $743M (+56% year over year), operating margin 3.8%, net earnings $28.0M, operating cash flow $25.2M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$743M-0.8%+56%
Operating profit$28.0M+2%—
Net earnings$28.0M+2%—
Operating cash flow$25.2M-77%+366%
Free cash flow$24.5M-77%+406%

What changed

Revenue was $743.2M in Q2 2026, up 56% year over year and down 1% from the previous quarter.

Operating profit was $28.0M, a 3.8% margin (up 6.0 points year over year). Total costs grew 46% against revenue growth of 56%. The fastest-growing cost line was Other operating costs (+47%). Net earnings were $28.0M. The effective tax rate was 0.0%.

Operating cash flow was $25.2M (up 366% year over year), 90% of net earnings. Non-cash charges added back $9.1M of share-based compensation. Working capital and other items used $11.9M. Capital expenditures of $682K left free cash flow of $24.5M.

Questions

What was Clover Health Investments' revenue in the second quarter 2026?

Clover Health Investments (CLOV) reported revenue of $743M for the second quarter 2026 (Q2 2026), +56% from a year earlier and -0.8% from the quarter before.

Was Clover Health Investments profitable in the second quarter 2026?

Operating profit was $28.0M (3.8% of revenue) and net earnings $28.0M.

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Source: Clover Health Investments 10-Q on SEC EDGAR.