Filing Flows › Clover Health Investments (CLOV) › How it makes money
How Clover Health Investments (CLOV) makes money
Clover Health Investments (CLOV) made $759M of revenue in the third quarter 2026 (Q3 2026), +53% from a year earlier. Of every dollar of revenue, 1¢ was left as operating profit, 1¢ was left as net earnings.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $759M | 100.0% |
| Operating profit | $6.4M | 0.8% |
| Net earnings | $6.4M | 0.8% |
| Operating cash flow | $70.4M | 9.3% |
| Free cash flow | $69.5M | 9.2% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $759M | +53% |
| Q2 2026 | $743M | +56% |
| Q1 2026 | $749M | +62% |
| Q4 2025 | $488M | +45% |
| Q3 2025 | $497M | +50% |
| Q2 2025 | $478M | +34% |
| Q1 2025 | $462M | +33% |
From Clover Health Investments' 10-Q filed Nov 6, 2026 (on EDGAR).
Questions
How does Clover Health Investments make money?
Clover Health Investments (CLOV) made $759M of revenue in the third quarter 2026 (Q3 2026), +53% from a year earlier. Of every dollar of revenue, 1¢ was left as operating profit, 1¢ was left as net earnings.
What is Clover Health Investments' profit margin?
Net earnings were $6.4M, 0.8% of revenue, in the third quarter 2026; the operating margin was 0.8%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.