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CLOV Q2 2024 Earnings — Clover Health Investments, Corp. Revenue & Financial Results | Market Cap Arena
CLOV
Clover Health Investments, Corp.
$1B
Q2 2024 Earnings
Healthcare
Medical - Healthcare Plans
Income Statement
Revenue
$356M
+11.3% YoY
Gross Profit
$108M
30.3% margin
Operating Income
$7M
2.0% margin
Net Income
$7M
2.1% margin
EPS (Diluted)
$0.01
QoQ Revenue Growth
+2.7%
Cash Flow
Operating Cash Flow
$45M
Free Cash Flow
$44M
Stock-Based Comp.
$28M
Balance Sheet
Total Assets
$674M
Total Liabilities
$349M
Stockholders' Equity
$325M
Cash & Equivalents
$255M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$356M
$320M
+11.3%
Gross Profit
$108M
$76M
+42.2%
Operating Income
$7M
-$29M
+124.9%
Net Income
$7M
-$29M
+125.7%
Revenue Segments
Insurance
$4M
100%
← FY 2024
All Quarters
Q3 2024 →