---
schema_version: "secwatch.filing_event.v1"
accession: "0001801170-22-000082"
form_type: "8-K"
ticker: "CLOV"
cik: "0001801170"
company_name: "CLOVER HEALTH INVESTMENTS, CORP. /DE"
filed_at: "2022-11-07T23:59:59+00:00"
generated_at: "2026-06-22T05:44:41.089551+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Clover Health Q3 revenue $856.8M, Insurance MCR improves to 86.3%; updates 2022 guidance

## Summary
- Total revenue $856.8M more than doubled vs $427.2M YoY; net loss widened to $75.3M from $34.5M.
- Insurance MCR improved to 86.3% in Q3 (vs 102.5% YoY); YTD Insurance MCR 91.7% vs 120.4% YoY.
- Updated 2022 guidance: Insurance MCR range narrowed to 93%-94% (from prior 102%-106%).
- Plans to moderate 2023 Insurance growth to prioritize profitability; reduce ACO REACH physician count.
- Adjusted EBITDA loss narrowed to $58.3M from $79.7M YoY; strong liquidity, no capital need through 2023.

## SEC filing metadata
- accession: 0001801170-22-000082
- form_type: 8-K
- ticker: CLOV
- cik: 0001801170
- company_name: CLOVER HEALTH INVESTMENTS, CORP. /DE
- filed_at: 2022-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1801170/000180117022000082/0001801170-22-000082-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1801170/000180117022000082/clov-20221107.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001801170-22-000082
- JSON: https://secwatch.observer/filing/0001801170-22-000082.json
- Plain text: https://secwatch.observer/filing/0001801170-22-000082.txt

## Key facts
- Earnings Releases
  CLOVER HEALTH INVESTMENTS, CORP. /DE reported third quarter of 2022 results: revenue $ 856.8, net income (75.3).
  - Period: third quarter of 2022
  - Revenue: $ 856.8
  - Net income: (75.3)
  - Result: reported results
  source text: Dollars in Millions Q3'22 Q3'21 Total revenue $ 856.8 $ 427.2
  evidence_url: https://www.sec.gov/Archives/edgar/data/1801170/000180117022000082/0001801170-22-000082-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.