---
schema_version: "secwatch.filing_event.v1"
accession: "0001801170-23-000103"
form_type: "8-K"
ticker: "CLOV"
cik: "0001801170"
company_name: "CLOVER HEALTH INVESTMENTS, CORP. /DE"
filed_at: "2023-11-06T23:59:59+00:00"
generated_at: "2026-06-08T21:21:43.500038+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Clover Health Q3 Adjusted EBITDA loss narrows to $5.1M; raises 2023 guidance

## Summary
- Revenue $482.1M; Insurance revenue up 12% YoY to $301.2M; Non-Insurance revenue down 70% to $176.0M.
- Insurance MCR improved to 78.5% from 86.3% YoY; year-to-date MCR 80.8%.
- Net loss of $41.5M; Adjusted EBITDA loss of $5.1M, vs. loss of $55.5M in Q3 2022.
- Full-year 2023 guidance: Insurance MCR 81%-82%, Adj. EBITDA ($55M)-($80M), improved from prior.
- CEO cites Clover Assistant, operational enhancements, and 3.5-star rating for margin improvement.

## SEC filing metadata
- accession: 0001801170-23-000103
- form_type: 8-K
- ticker: CLOV
- cik: 0001801170
- company_name: CLOVER HEALTH INVESTMENTS, CORP. /DE
- filed_at: 2023-11-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1801170/000180117023000103/0001801170-23-000103-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1801170/000180117023000103/clov-20231106.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001801170-23-000103
- JSON: https://secwatch.observer/filing/0001801170-23-000103.json
- Plain text: https://secwatch.observer/filing/0001801170-23-000103.txt

## Key facts
- Earnings Releases
  CLOVER HEALTH INVESTMENTS, CORP. /DE reported the third quarter 2023 results: revenue $482.1 million, net income net loss of $41.5 million. Guidance reaffirmed.
  - Period: the third quarter 2023
  - Revenue: $482.1 million
  - Net income: net loss of $41.5 million
  - Guidance: reaffirmed
  - Result: reported results
  source text: For the third quarter 2023, the Company reported revenue of $482.1 million and net loss of $41.5 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1801170/000180117023000103/0001801170-23-000103-index.htm

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