CLOV Q3 2021 Earnings — Clover Health Investments, Corp. Revenue & Financial Results | Market Cap Arena

CLOVClover Health Investments, Corp.

$1B

Q3 2021 Earnings

Healthcare Medical - Healthcare Plans

Income Statement

Revenue

$427M+152.7% YoY

Gross Profit

-$9M-2.1% margin

Operating Income

-$149M-34.9% margin

Net Income

-$35M-8.1% margin

EPS (Diluted)

$-0.08

QoQ Revenue Growth

+3.6%

Cash Flow

Operating Cash Flow

-$45M

Free Cash Flow

-$45M

Stock-Based Comp.

$47M

Balance Sheet

Total Assets

$952M

Total Liabilities

$540M

Stockholders' Equity

$408M

Cash & Equivalents

$202M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$427M	$169M	+152.7%
Gross Profit	-$9M	$24M	-137.8%
Operating Income	-$149M	-$22M	-590.4%
Net Income	-$35M	$13M	-370.6%

Revenue Segments

Corporate and Other

$9M100%