CLOV Q2 2021 Earnings — Clover Health Investments, Corp. Revenue & Financial Results | Market Cap Arena

CLOVClover Health Investments, Corp.

$1B

Q2 2021 Earnings

Healthcare Medical - Healthcare Plans

Income Statement

Revenue

$412M+139.7% YoY

Gross Profit

-$46M-11.2% margin

Operating Income

-$182M-44.1% margin

Net Income

-$318M-77.0% margin

EPS (Diluted)

$-0.78

QoQ Revenue Growth

+105.9%

Cash Flow

Operating Cash Flow

-$64M

Free Cash Flow

-$64M

Stock-Based Comp.

$43M

Balance Sheet

Total Assets

$1.2B

Total Liabilities

$901M

Stockholders' Equity

$311M

Cash & Equivalents

$486M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$412M	$172M	+139.7%
Gross Profit	-$46M	$53M	-187.3%
Operating Income	-$182M	$23M	-884.9%
Net Income	-$318M	$5M	-5978.4%

Revenue Segments

Corporate and Other

$17M100%