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

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

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

Clover Health Investments has reported Current Deferred Revenue for 3 years, with the latest figure at $17000.0 in Q3 2024.

  • For the quarter ending Q3 2024, Current Deferred Revenue fell 99.98% year-over-year to $17000.0; the trailing twelve-month figure through Sep 2024 stood at $17000.0 (down 99.98% YoY), and the FY2023 full-year result was $3.1 million, changed N/A from the prior year.
  • Current Deferred Revenue for Q3 2024 stood at $17000.0, up from $13000.0 in the prior quarter.
  • The five-year high for Current Deferred Revenue was $113.5 million in Q2 2023, with the low at $13000.0 in Q2 2024.
  • Historically, Current Deferred Revenue has averaged $60.6 million across 3 years, with a median of $96.4 million in 2022.
  • Annual changes were most pronounced in 2023 — Current Deferred Revenue advanced 7.2% — and 2024, when it slumped 99.99%.
  • Clover Health Investments' Current Deferred Revenue 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 363.95 Bn 334.15 Bn 98.90 Bn
2 Cvs Health 124.98 Bn 113.36 Bn 4.43 Bn
3 Elevance Health 85.46 Bn 50.04 Bn 13.88 Bn
4 Cigna 73.39 Bn 65.77 Bn -44.29 Bn
5 Humana 43.40 Bn 21.50 Bn 4.00 Bn
6 Centene 30.02 Bn 6.36 Bn 49.24 Bn
7 Molina Healthcare 9.92 Bn 668.90 Mn 1.53 Bn
8 Oscar Health 8.44 Bn 1.64 Bn -3.22 Bn
9 Alignment Healthcare 4.50 Bn 3.77 Bn 135.85 Mn
10 Clover Health Investments 2.61 Bn 2.41 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