Clover Health Investments, Corp.
Income Statement

Last updated:

Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Clover Health Investments, Corp.'s past years’ income statements indicate that its last revenue has decreased compared to the previous period by 42% to $2,033,720,000. The net income raised on -$213,361,000 and profit margin reached -10%. Total operating expenses were $465,874,000.

Profit Margin

Clover Health Investments, Corp. (NASDAQ:CLOV): Profit margin
2019 462.26M -402.80M -87.14%
2020 672.88M -148.69M -22.1%
2021 1.47B -604.66M -41.08%
2022 3.47B -305.40M -8.78%
2023 2.03B -213.36M -10.49%

CLOV Income Statement (2019 – 2023)

2023 2022 2021 2020 2019
Revenue
Revenue
2.03B3.47B1.47B672.88M462.26M
Cost of revenue
1.77B3.45B1.55B590.46M449.70M
Gross profit
257.33M22.73M-79.18M82.42M12.56M
Operating exp.
Research and development
00000
Selling and marketing
258.29M0000
Total operating expenses
465.87M393.65M557.81M175.12M195.76M
Operating income
-208.54M-370.92M-636.99M-92.70M-183.19M
Other income (expenses), net
-4.81M32.08M49.23M-43.68M-180.53M
Income before tax
-213.36M-338.84M-587.75M-91.58M-363.73M
Income tax expense
0-33.44M16.91M57.10M39.06M
Net income
-213.36M-305.40M-604.66M-148.69M-402.80M
Earnings per share
Basic EPS
-0.44-0.64-1.46-1.68-3.89
Diluted EPS
-0.44-0.64-1.46-1.68-3.89
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