earnings
confidence high
sentiment positive
materiality 0.75
Clover Health Q2 2026 GAAP net income $28M, revenue up 56% YoY, raises full-year guidance
CLOVER HEALTH INVESTMENTS, CORP. /DE
- Q2 GAAP net income $28M vs loss $10.6M YoY; revenue $743M (+56%).
- Medicare Advantage membership 157,309 (+48% YoY); Insurance BER 87.6% (improved 80 bps).
- Adjusted EBITDA $40.9M (+139% YoY); Adjusted net income $40.4M.
- Raised FY 2026 guidance: revenue $2.92B-$3.00B, GAAP net income $20M-$35M, Adjusted EBITDA $70M-$85M.
- CEO cites AI-powered Clover Assistant platform driving growth and profitability.