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| 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 |