CLOV (Clover Health Investments) Total Operating Expense: $463 Mil (TTM As of Mar. 2026)


CLOV Clover Health Investments Corp CLOV
81 GF Score
Price $5.32
GF Value $3.96
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Clover Health Investments Total Operating Expense?

Clover Health Investments CLOV -1.85% 81 Total Operating Expense is $463 Mil as of Mar. 2026. GuruFocus rates CLOV with a GF Score™ of 81/100 and a GF Value™ of $3.96 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Clover Health Investments's Total Operating Expense for the three months ended in Mar. 2026 was $132 Mil. Clover Health Investments's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was $463 Mil.


Clover Health Investments Total Operating Expense Related Terms


Clover Health Investments Total Operating Expense Historical Data

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The historical data trend for Clover Health Investments's Total Operating Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Clover Health Investments Total Operating Expense Chart

Clover Health Investments Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Operating Expense
Get a 7-Day Free Trial 557.81 390.14 435.52 410.27 441.43

Clover Health Investments Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Operating Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 110.16 110.19 97.55 123.53 132.21
CLOV
81GF Score
Clover Health Investments Corp CLOV
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Clover Health Investments Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $463 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Total Operating Expense of $463 Mil mean?
Clover Health Investments (CLOV) has a Total Operating Expense of $463 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Clover Health Investments and its competitors.
Is Clover Health Investments' Total Operating Expense too high?
Clover Health Investments' current Total Operating Expense is $463 Mil. Overall, Clover Health Investments has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Clover Health Investments' Total Operating Expense compare to PGNY and ALHC?
Clover Health Investments' Total Operating Expense of $463 Mil can be compared against companies in the Healthcare Plans industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Operating Expense for a Healthcare Plans company?
A good Total Operating Expense depends on the Healthcare Plans industry context. However, Total Operating Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Clover Health Investments and its competitors. Clover Health Investments's current Total Operating Expense is $463 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clover Health Investments stock overvalued right now?
Based on GuruFocus' analysis, Clover Health Investments (CLOV) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.96, compared to a current price of $5.32 — trading 34.3% above its estimated fair value. The current Total Operating Expense is $463 Mil. Clover Health Investments' overall GF Score™ is 81/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Clover Health Investments (CLOV), the current Total Operating Expense is $463 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Clover Health Investments (CLOV) Overvalued in 2026?

Based on GuruFocus' analysis, Clover Health Investments stock appears to be overvalued. The current stock price of $5.32 is trading 34.3% above its estimated GF Value™ of $3.96. GuruFocus considers Clover Health Investments to be Significantly Overvalued.

Key valuation signals for CLOV:

  • Total Operating Expense: $463 Mil
  • GF Value™: $3.96 vs. price of $5.32 (34.3% above fair value)
  • GF Score™: 81/100 with 5 warning signs

No single metric tells the full story. See the CLOV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Clover Health Investments Business Description

Other Exchanges 7QD:GermanyCLOV34:Brazil
Address 3401 Mallory Lane, Suite 210, Franklin, TN, USA, 37067
Clover Health Investments Corp is a healthcare technology company. It focuses on empowering Medicare physicians to proactively manage chronic diseases through its proprietary software platform, Clover Assistant. This cloud-based solution provides personalized insights to physicians, enabling early detection and management of chronic conditions. It operates in one segment: Insurance, through which it offers PPO and HMO plans to Medicare Advantage members in several states.
81GF Score

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Total Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$5.32
Price
$3.96
GF Value