Clover Health Investments (CLOV) Current Deferred Revenue (2022 - 2024)

Clover Health Investments (CLOV) posted Current Deferred Revenue of $17000.0 for Q3 2024, up 30.77% on a QoQ basis from $13000.0 in Q2 2024, and down 99.98% year-over-year from $103.3 million in Q4 2023.

Clover Health Investments (CLOV) Current Deferred Revenue (2022 - 2024) Analysis & Trends

Clover Health Investments' Current Deferred Revenue history runs 3 years deep, the most recent figure standing at $17000.0 for 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 was $17000.0 for Q3 2024 at Clover Health Investments, up from $13000.0 in the prior quarter.
  • Across five years, Current Deferred Revenue topped out at $113.5 million in Q2 2023 and bottomed at $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 increased 7.2% — and 2024, when it sank 99.99%.
  • Clover Health Investments' Current Deferred Revenue stood at $96.4 million in 2022, then plunged by 96.78% to $3.1 million in 2023, then tumbled by 99.45% to $17000.0 in 2024.
  • Business Quant data shows CLOV's Current Deferred Revenue at $17000.0 in Q3 2024, $13000.0 in Q2 2024, and $3.1 million in Q4 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Unitedhealth 384.70 Bn 354.90 Bn 38.23 Bn
2 Cvs Health 136.05 Bn 124.42 Bn 22.85 Bn
3 Elevance Health 82.25 Bn 46.44 Bn 35.79 Bn
4 Cigna 75.16 Bn 67.54 Bn -44.29 Bn
5 Humana 47.47 Bn 25.57 Bn 5.94 Bn
6 Centene 31.35 Bn 7.64 Bn 43.95 Bn
7 Molina Healthcare 10.44 Bn 1.19 Bn 1.43 Bn
8 Oscar Health 8.62 Bn 1.83 Bn 1.42 Bn
9 Alignment Healthcare 4.13 Bn 3.41 Bn 144.48 Mn
10 Clover Health Investments 2.38 Bn 2.18 Bn 154.54 Mn

Historic Data

Download Data
DateValue
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