
• Reported GAAP EPS of -$0.10 down -150.00% YoY • Reported revenue of $487.71M up 44.74% YoY • For full-year 2026, Clover Health expects average Medicare Advantage membership between 154,000-158,000, total revenues between $2.81B-$2.92B, and GAAP Net Income between $0-$20M.
Bullish
Clover Health achieved 2025 Adjusted EBITDA profitability, strong membership and revenue growth, and expects 2026 GAAP Net Income profitability driven by improving cohort economics.
Bearish
Clover Health reported a full year 2025 GAAP Net loss of $86M, experienced a consolidated gross profit decrease, and faces regulatory risks from future healthcare policies.