---
schema_version: "secwatch.filing_event.v1"
accession: "0001801170-25-000127"
form_type: "8-K"
ticker: "CLOV"
cik: "0001801170"
company_name: "CLOVER HEALTH INVESTMENTS, CORP. /DE"
filed_at: "2025-05-06T23:59:59+00:00"
generated_at: "2026-05-22T13:24:46.510681+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Clover Health Q1 beat: revenue $462M (+33%), Adj EBITDA $26M (+279%); raises FY guidance

## Summary
- Q1 total revenue $462M, up 33% YoY; GAAP net loss improved to $1M from $19M loss a year ago.
- Adjusted EBITDA $26M, up 279% YoY; Adjusted Net income $25M, up 322% YoY.
- Medicare Advantage membership 103,418, up 30% YoY; Insurance BER 86.1%.
- Full-year 2025 Adj EBITDA guidance raised to $50M-$70M from $45M-$70M; revenue outlook unchanged.
- CEO cites Clover Assistant's CHF whitepaper showing 18% lower all-cause hospitalizations.

## SEC filing metadata
- accession: 0001801170-25-000127
- form_type: 8-K
- ticker: CLOV
- cik: 0001801170
- company_name: CLOVER HEALTH INVESTMENTS, CORP. /DE
- filed_at: 2025-05-06T23:59:59+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/1801170/000180117025000127/0001801170-25-000127-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1801170/000180117025000127/clov-20250506.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001801170-25-000127
- JSON: https://secwatch.observer/filing/0001801170-25-000127.json
- Plain text: https://secwatch.observer/filing/0001801170-25-000127.txt

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