Clover Health Investments (CLOV) Gross Margin (2020 - 2026)
Clover Health Investments posted quarterly Gross Margin of 20.77% for Q1 2026, down 279.0% year-on-year from 11.6% in Q1 2025, and up 39.41% on a QoQ basis from 14.9% in Q4 2025.
Clover Health Investments (CLOV) has 7 years of Gross Margin data on file, last reported at 20.77% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 279.0% year-over-year to 20.77%; the trailing twelve-month figure through Mar 2026 stood at 18.13% (down 823.0% YoY), and the FY2025 full-year result was 17.09%, down 951.0% from the prior year.
- Gross Margin for Q1 2026 stood at 20.77%, up from 14.9% in the prior quarter.
- Across five years, Gross Margin topped out at 30.29% in Q2 2024 and bottomed at 219.84% in Q2 2022.
- The 5-year median for Gross Margin is 20.77% (2026), against an average of 9.06%.
- The widest annual swing landed in 2022, when Gross Margin slumped 20868 bps; it then surged 24214 bps in 2023.
- A 5-year view of Gross Margin shows it stood at 4.97% in 2022, then surged by 503 bps to 20.05% in 2023, then surged by 39 bps to 27.87% in 2024, then slumped by 47 bps to 14.9% in 2025, then soared by 39 bps to 20.77% in 2026.
- The last three Gross Margin figures came in at 20.77% (Q1 2026), 14.9% (Q4 2025), and 14.73% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 345.31 Bn | 315.51 Bn | 98.90 Bn | 88.52% |
| 2 | Cvs Health | 115.41 Bn | 103.79 Bn | 4.43 Bn | 13.12% |
| 3 | Elevance Health | 88.60 Bn | 53.18 Bn | 13.88 Bn | 28.04% |
| 4 | Cigna | 72.05 Bn | 64.43 Bn | -44.29 Bn | -451.37% |
| 5 | Humana | 39.05 Bn | 17.15 Bn | 4.00 Bn | 10.61% |
| 6 | Centene | 30.50 Bn | 6.84 Bn | 49.24 Bn | 98.59% |
| 7 | Molina Healthcare | 9.31 Bn | 60.65 Mn | 1.53 Bn | 14.13% |
| 8 | Oscar Health | 6.86 Bn | 63.05 Mn | -3.22 Bn | -56,385.78% |
| 9 | Alignment Healthcare | 2.69 Bn | 1.96 Bn | 135.85 Mn | 11.08% |
| 10 | Clover Health Investments | 2.05 Bn | 1.85 Bn | 154.54 Mn | 20.77% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 20.77% |
| Dec 31, 2025 | 14.90% |
| Sep 30, 2025 | 14.73% |
| Jun 30, 2025 | 20.86% |
| Mar 31, 2025 | 23.55% |
| Dec 31, 2024 | 27.87% |
| Sep 30, 2024 | 24.54% |
| Jun 30, 2024 | 30.29% |
| Mar 31, 2024 | 22.40% |
| Dec 31, 2023 | 20.05% |
| Sep 30, 2023 | 22.95% |
| Jun 30, 2023 | 22.30% |
| Mar 31, 2023 | 13.34% |
| Dec 31, 2022 | -4.97% |
| Sep 30, 2022 | 1.99% |
| Jun 30, 2022 | -219.84% |
| Mar 31, 2022 | -209.78% |
| Dec 31, 2021 | 100.00% |
| Sep 30, 2021 | 100.00% |
| Jun 30, 2021 | -11.16% |
| Mar 31, 2021 | -7.55% |
| Dec 31, 2020 | 100.00% |
| Sep 30, 2020 | 100.00% |
| Jun 30, 2020 | 100.00% |
| Mar 31, 2020 | 10.62% |