Clover Health Reports $1M Net Loss for Q1 2025, Achieves $26M Adjusted EBITDA Profit

Reuters
05-14
Clover Health Reports $1M Net Loss for Q1 2025, Achieves $26M Adjusted EBITDA Profit

Clover Health Investments Corp. reported its first quarter 2025 earnings, revealing a net loss of $1 million on a GAAP basis, contrasting with a reported $26 million in Adjusted EBITDA profit. This discrepancy is attributed primarily to non-cash items such as stock-based compensation and seasonal fluctuations. Despite the GAAP net loss, the company emphasized its profitability when measured by Adjusted EBITDA and positive operating cash flow. Clover Health noted that its Adjusted EBITDA closely aligns with its Adjusted Net Income due to the absence of debt, taxes, or significant depreciating assets. The company has guided for continued profitability in 2025, with expectations of strong cash flow, and highlighted its ~30% membership growth in 2025 as part of its strategic goals. The company remains focused on transparency and accessibility with its shareholders to maintain ongoing dialogue and address any concerns or questions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Clover Health Investments Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001801170-25-000141), on May 14, 2025, and is solely responsible for the information contained therein.

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