KPIs & Operating Metrics(New)
Growth Metrics

Clover Health Investments (CLOV) Gross Margin (2020 - 2025)

Clover Health Investments (CLOV) has disclosed Gross Margin for 6 consecutive years, with 9.15% as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Gross Margin fell 1982.0% year-over-year to 9.15%, compared with a TTM value of 17.09% through Dec 2025, down 951.0%, and an annual FY2025 reading of 17.09%, down 951.0% over the prior year.
  • Gross Margin was 9.15% for Q4 2025 at Clover Health Investments, down from 14.73% in the prior quarter.
  • Across five years, Gross Margin topped out at 384.85% in Q4 2022 and bottomed at 219.84% in Q2 2022.
  • Average Gross Margin over 5 years is 17.15%, with a median of 14.77% recorded in 2023.
  • The sharpest move saw Gross Margin plummeted -21425bps in 2021, then surged 38634bps in 2022.
  • Year by year, Gross Margin stood at 1.49% in 2021, then skyrocketed by 25931bps to 384.85% in 2022, then tumbled by -96bps to 14.57% in 2023, then surged by 99bps to 28.97% in 2024, then tumbled by -68bps to 9.15% in 2025.
  • Business Quant data shows Gross Margin for CLOV at 9.15% in Q4 2025, 14.73% in Q3 2025, and 21.75% in Q2 2025.