Clover Health — Third Quarter 2026 Earnings Summary

Clover Health reported a third quarter 2026 GAAP net income of $6.4 million, marking a significant improvement from the $24.4 million loss in the same period last year. The company's Medicare Advantage membership grew 46% year-over-year to an average of 158,383 members, while total revenues increased 53% to $759.3 million. Management has updated its full-year 2026 guidance to reflect improved performance, projecting GAAP net income between $25 million and $35 million and adjusted EBITDA between $75 million and $85 million. Additionally, Clover's flagship PPO plan received a 5-Star rating for Payment Year 2028, covering approximately 98% of its current membership base.