CLOV Q2 2022 Earnings — Clover Health Investments, Corp. Revenue & Financial Results | Market Cap Arena

CLOVClover Health Investments, Corp.

$1B

Q2 2022 Earnings

Healthcare Medical - Healthcare Plans

Income Statement

Revenue

$847M+105.3% YoY

Gross Profit

-$12M-1.4% margin

Operating Income

-$103M-12.1% margin

Net Income

-$104M-12.3% margin

EPS (Diluted)

$-0.22

QoQ Revenue Growth

-3.2%

Cash Flow

Operating Cash Flow

-$39M

Free Cash Flow

-$39M

Stock-Based Comp.

$42M

Balance Sheet

Total Assets

$2.1B

Total Liabilities

$1.6B

Stockholders' Equity

$427M

Cash & Equivalents

$324M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$847M	$412M	+105.3%
Gross Profit	-$12M	-$46M	+73.7%
Operating Income	-$103M	-$182M	+43.5%
Net Income	-$104M	-$318M	+67.1%

Revenue Segments

Corporate and Other

$27M99%

Insurance

$220,0001%

Non-Insurance

$20,0000%