KPIs & Operating Metrics(New)
Growth Metrics

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

Clover Health Investments' Gross Margin history spans 6 years, with the latest figure at 15.22% for Q4 2025.

  • For Q4 2025, Gross Margin fell 1669.0% year-over-year to 15.22%; the TTM value through Dec 2025 reached 18.26%, down 912.0%, while the annual FY2025 figure was 18.5%, 811.0% down from the prior year.
  • Gross Margin reached 15.22% in Q4 2025 per CLOV's latest filing, up from 14.73% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 679.81% in Q4 2022 to a low of 213.48% in Q3 2022.
  • Average Gross Margin over 5 years is 39.7%, with a median of 21.58% recorded in 2025.
  • Peak YoY movement for Gross Margin: soared 79965bps in 2022, then crashed -66221bps in 2023.
  • A 5-year view of Gross Margin shows it stood at 119.84% in 2021, then surged by 667bps to 679.81% in 2022, then tumbled by -97bps to 17.59% in 2023, then soared by 81bps to 31.91% in 2024, then tumbled by -52bps to 15.22% in 2025.
  • Per Business Quant, the three most recent readings for CLOV's Gross Margin are 15.22% (Q4 2025), 14.73% (Q3 2025), and 20.86% (Q2 2025).