Clover Health Investments (CLOV) Current Deferred Revenue (2022 - 2024)
Clover Health Investments' (CLOV) quarterly Current Deferred Revenue came in at $17000.0 in Q3 2024, down 99.98% YoY from $103.3 million in Q4 2023, and up 30.77% on a QoQ basis from $13000.0 in Q2 2024.
Clover Health Investments (CLOV) Current Deferred Revenue (2022 - 2024) Analysis & Trends
Clover Health Investments (CLOV) has 3 years of Current Deferred Revenue data on file, last reported at $17000.0 in Q3 2024.
- Quarterly Current Deferred Revenue fell 99.98% year-over-year to $17000.0 in Q3 2024, while the trailing twelve-month figure through Sep 2024 was $17000.0 (down 99.98% YoY) and the FY2023 annual result came in at $3.1 million, changed N/A from the prior year.
- Current Deferred Revenue rose to $17000.0 in Q3 2024, from $13000.0 in the prior quarter.
- In the past five years, Current Deferred Revenue ranged from a high of $113.5 million in Q2 2023 to a low of $13000.0 in Q2 2024.
- A 3-year average of $60.6 million and a median of $96.4 million in 2022 frame the typical range for Current Deferred Revenue.
- Annual changes were most pronounced in 2023 — Current Deferred Revenue advanced 7.2% — and 2024, when it slumped 99.99%.
- Tracing CLOV's Current Deferred Revenue over 3 years: stood at $96.4 million in 2022, then slumped by 96.78% to $3.1 million in 2023, then sank by 99.45% to $17000.0 in 2024.
- The last three Current Deferred Revenue figures came in at $17000.0 (Q3 2024), $13000.0 (Q2 2024), and $3.1 million (Q4 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Unitedhealth | 352.87 Bn | 321.40 Bn | 36.67 Bn |
| 2 | Cvs Health | 119.51 Bn | 105.55 Bn | 47.23 Bn |
| 3 | Elevance Health | 87.31 Bn | 51.36 Bn | 13.45 Bn |
| 4 | Humana | 45.84 Bn | 21.97 Bn | 5.50 Bn |
| 5 | Centene | 32.01 Bn | 4.95 Bn | 14.55 Bn |
| 6 | Molina Healthcare | 10.33 Bn | 1.42 Bn | 1.43 Bn |
| 7 | Oscar Health | 9.45 Bn | 894.60 Mn | 1.09 Bn |
| 8 | Alignment Healthcare | 2.73 Bn | 2.03 Bn | 180.96 Mn |
| 9 | Clover Health Investments | 2.17 Bn | 1.93 Bn | 153.00 Mn |
| 10 | Progyny | 2.01 Bn | 1.77 Bn | 89.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 17,000.00 |
| Jun 30, 2024 | 13,000.00 |
| Dec 31, 2023 | 3.10 Mn |
| Sep 30, 2023 | 103.30 Mn |
| Jun 30, 2023 | 113.54 Mn |
| Mar 31, 2023 | 107.56 Mn |
| Sep 30, 2022 | 96.36 Mn |