Clover Health Investments (CLOV) Operating Margin (2020 - 2026)
Clover Health Investments (CLOV) reported Operating Margin of 3.67% for Q1 2026, up 395.0% on a YoY basis from 0.74% in Q1 2025, and up 136.18% quarter-over-quarter from 10.15% in Q4 2025.
Clover Health Investments (CLOV) Operating Margin (2020 - 2026) Analysis & Trends
Clover Health Investments has reported Operating Margin for 7 years, with the latest figure at 3.67% in Q1 2026.
- For the quarter ending Q1 2026, Operating Margin rose 395.0% year-over-year to 3.67%; the trailing twelve-month figure through Mar 2026 stood at 2.58% (down 95.0% YoY), and the FY2025 full-year result was 4.52%, down 118.0% from the prior year.
- Operating Margin for Q1 2026 stood at 3.67%, up from 10.15% in the prior quarter.
- The five-year high for Operating Margin was 3.67% in Q1 2026, with the low at 38.26% in Q2 2022.
- Historically, Operating Margin has averaged 9.99% across 5 years, with a median of 6.64% in 2024.
- Annual changes were most pronounced in 2022 — Operating Margin soared 6464 bps — and 2023, when it sank 2171 bps.
- Clover Health Investments' Operating Margin stood at 1.5% in 2022, then plunged by 1449 bps to 20.21% in 2023, then jumped by 69 bps to 6.37% in 2024, then slumped by 59 bps to 10.15% in 2025, then soared by 136 bps to 3.67% in 2026.
- The last three Operating Margin figures came in at 3.67% (Q1 2026), 10.15% (Q4 2025), and 4.91% (Q3 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 363.95 Bn | 334.15 Bn | 98.90 Bn | 8.05% |
| 2 | Cvs Health | 124.98 Bn | 113.36 Bn | 4.43 Bn | 13.85% |
| 3 | Elevance Health | 85.46 Bn | 50.04 Bn | 13.88 Bn | 1.55% |
| 4 | Cigna | 73.39 Bn | 65.77 Bn | -44.29 Bn | 2.06% |
| 5 | Humana | 43.40 Bn | 21.50 Bn | 4.00 Bn | 4.65% |
| 6 | Centene | 30.02 Bn | 6.36 Bn | 49.24 Bn | 3.73% |
| 7 | Molina Healthcare | 9.92 Bn | 668.90 Mn | 1.53 Bn | 0.77% |
| 8 | Oscar Health | 8.44 Bn | 1.64 Bn | -3.22 Bn | 1,060.06% |
| 9 | Alignment Healthcare | 4.50 Bn | 3.77 Bn | 135.85 Mn | 1.26% |
| 10 | Clover Health Investments | 2.61 Bn | 2.41 Bn | 154.54 Mn | 3.67% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.67% |
| Dec 31, 2025 | -10.15% |
| Sep 30, 2025 | -4.91% |
| Jun 30, 2025 | -2.21% |
| Mar 31, 2025 | -0.28% |
| Dec 31, 2024 | -6.37% |
| Sep 30, 2024 | -2.65% |
| Jun 30, 2024 | 2.02% |
| Mar 31, 2024 | -6.64% |
| Dec 31, 2023 | -20.21% |
| Sep 30, 2023 | -10.98% |
| Jun 30, 2023 | -9.19% |
| Mar 31, 2023 | -25.13% |
| Dec 31, 2022 | 1.50% |
| Sep 30, 2022 | -8.65% |
| Jun 30, 2022 | -38.26% |
| Mar 31, 2022 | -31.45% |
| Dec 31, 2021 | -43.23% |
| Sep 30, 2021 | -73.29% |
| Jun 30, 2021 | -44.09% |