Clover Health Investments, Corp. (CLOV) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | 107.89M | -68.15M | 12.1M | 5.41M | -16.29M | -85.83M | 49.99M | 44.76M | 25.93M | -258.09M | -18.78M | 53.17M | 79.03M | -209.37M | 101.66M | -39.17M | -57.04M | -80.18M | -45.13M | -64.16M |
| Operating CF Margin % | 14.5% | -13.97% | 2.44% | 1.13% | -3.52% | -25.47% | 15.1% | 12.56% | 7.48% | -50.58% | -6.14% | 16.61% | 24.54% | -23.29% | 11.86% | -4.63% | -6.52% | -18.56% | -10.56% | -15.55% |
| Operating CF Growth % | 762.22% | 20.6% | -75.79% | -87.92% | -162.82% | 66.74% | 366.15% | -15.83% | -67.18% | -23.27% | -118.48% | 235.75% | 238.55% | -161.14% | 325.27% | 38.94% | 38.58% | -33.84% | -30.23% | -584.85% |
| Net Income | 27.33M | -49.32M | -24.38M | -10.58M | -1.27M | -22.09M | -9.15M | 7.41M | -19.17M | -70.47M | -41.47M | -28.81M | -72.61M | -84.05M | -75.49M | -104.36M | -75.49M | -187.2M | -34.53M | -317.61M |
| Depreciation & Amortization | 0 | 420K | 406K | 394K | 466K | 344K | 339K | 330K | 318K | 674K | 557K | 999K | 279K | -841K | 616K | 586K | 826K | 848K | 120K | 118K |
| Stock-Based Compensation | 0 | 24.92M | 26.11M | 26.2M | 26.44M | 29.64M | 27.99M | 27.9M | 28.8M | 33.14M | 33.07M | 36.11M | 38.62M | 39.09M | 42.64M | 41.93M | 40.64M | 31.18M | 46.8M | 43.03M |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -5.16M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 12.46M | 7.34M | -205K | -1.08M | 61K | -39.62M | -438K | -2.04M | -8.57M | -9.63M | 12.97M | -1.22M | 14.38M | -35.05M | -27.18M | -26.23M | -39.89M | 59K | -66.42M | 134.57M |
| Working Capital Changes | 68.1M | -51.51M | 10.17M | -9.53M | -41.98M | -54.11M | 31.25M | 11.16M | 24.55M | -211.79M | -23.91M | 51.26M | 98.37M | -128.53M | 161.06M | 48.91M | 16.87M | 74.94M | 8.9M | 75.74M |
| Change in Receivables | 0 | -38.55M | 27.84M | 6.91M | -45.46M | -36.22M | 68.62M | 35.15M | -74.1M | 32.88M | -197.92M | 73.8M | -589.45M | -18.4M | 31.36M | -13.59M | -16.38M | 209.36M | 6.77M | 10.88M |
| Change in Inventory | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Change in Payables | 0 | 3.27M | -1.01M | 3.4M | -4.01M | 8.82M | -14.7M | 5.03M | -1.78M | 1.89M | -4.62M | -7.53M | 15.01M | -1.97M | 7.63M | 2.66M | -678K | 3.92M | 3.36M | 2.52M |
| Cash from Investing | -5.07M | -34.99M | -5.42M | 35.57M | 8.93M | -1.44M | -12.13M | 4.95M | 9.19M | 83.66M | -20.32M | 66.49M | 10.18M | 12.66M | -43.39M | 89.35M | 36.51M | -106.49M | -242.34M | 170.87M |
| Capital Expenditures | -854K | -597K | -692K | -569K | -185K | -315K | -399K | -397K | -445K | 264K | -243K | -354K | -251K | -3.88M | -259K | -173K | -158K | -238K | -195K | -191K |
| CapEx % of Revenue | 0.11% | 0.12% | 0.14% | 0.12% | 0.04% | 0.09% | 0.12% | 0.11% | 0.13% | 0.05% | 0.08% | 0.11% | 0.08% | 0.43% | 0.03% | 0.02% | 0.02% | 0.06% | 0.05% | 0.05% |
| Acquisitions | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 66.84M | 0 | 0 | 0 | -250K | 0 | 0 | 0 | 0 |
| Cash from Financing | -7.86M | -8.61M | -5.27M | -7.76M | -31.74M | -6.14M | -4.67M | -3.19M | -3.36M | -826K | -1.96M | -147K | -2.13M | 56K | 132K | 458K | -5.61M | 284.37M | 3.99M | -25.47M |
| Debt Issued (Net) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Equity Issued (Net) | -7.86M | -8.61M | -5.27M | -7.76M | -31.74M | -6.14M | -4.67M | -3.19M | -3.36M | -826K | -1.96M | -147K | -2.13M | 56K | 132K | 458K | -5.61M | 284.37M | 3.68M | 435K |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -7.89M | -9.2M | -5.58M | -8.47M | -31.96M | -6.8M | -4.89M | -3.22M | -3.36M | -827K | -1.99M | -417K | -2.98M | -42K | -276K | -105K | -5.94M | 0 | -147K | 0 |
| Other Financing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1K | 305K | 0 |
| Net Change in Cash | 94.96M | -111.75M | 1.41M | 33.21M | -39.1M | -93.41M | 33.19M | 46.52M | 31.76M | -182.61M | -41.06M | 119.52M | 87.08M | -196.66M | 58.4M | 50.64M | -26.14M | 97.7M | -283.48M | 81.24M |
| Free Cash Flow | 107.04M | -68.75M | 11.41M | 4.84M | -16.48M | -86.15M | 49.59M | 44.36M | 25.49M | -257.82M | -19.02M | 52.82M | 78.78M | -213.25M | 101.4M | -39.34M | -57.2M | -80.41M | -45.32M | -64.35M |
| FCF Margin % | 14.38% | -14.1% | 2.3% | 1.01% | -3.56% | -25.57% | 14.98% | 12.45% | 7.35% | -50.53% | -6.22% | 16.5% | 24.47% | -23.73% | 11.83% | -4.65% | -6.54% | -18.61% | -10.61% | -15.6% |
| FCF Growth % | 749.6% | 20.2% | -76.99% | -89.09% | -164.65% | 66.59% | 360.65% | -16.02% | -67.64% | -20.9% | -118.76% | 234.25% | 237.73% | -165.18% | 323.73% | 38.86% | 38.47% | -34.1% | -30.17% | -594.55% |
| FCF per Share | 0.20 | -0.13 | 0.02 | 0.01 | -0.03 | -0.18 | 0.10 | 0.09 | 0.04 | -0.54 | -0.04 | 0.11 | 0.16 | -0.45 | 0.21 | -0.08 | -0.12 | -0.17 | -0.11 | -0.16 |
| FCF Conversion (FCF/Net Income) | 3.95x | 1.38x | -0.50x | -0.51x | 12.79x | 3.89x | -5.46x | 6.04x | -1.35x | 3.66x | 0.45x | -1.85x | -1.09x | 2.49x | -1.35x | 0.38x | 0.76x | 0.43x | 1.31x | 0.20x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 865K |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |