CORRECTION: Clover Health Reaffirms FY25 Insurance Revenue Outlook $1.80B-$1.875B
Author: Benzinga Newsdesk | August 06, 2025 03:06am
Financial Guidance
For full-year 2025, Clover Health is updating its guidance as follows:
| Current 2025 Guidance | Previous 2025 Guidance | |
| Insurance revenue | $1.800 billion - $1.875 billion | $1.800 billion - $1.875 billion |
| Adjusted SG&A (4) | $335 million - $345 million | $355 million - $365 million |
| Adjusted SG&A as a % of Total revenues | 18% - 19% | 19% - 20% |
| Adjusted EBITDA (4) | $50 million - $70 million | $50 million - $70 million |
| Adjusted Net income (2)(4) | $50 million - $70 million | $50 million - $70 million |
| Average Medicare Advantage membership | 104,000 - 108,000 | 103,000 - 107,000 |
| Insurance BER (4) | 88.5% - 89.5% | 87% - 88% |
Lives under Clover Management
| June 30, 2025 | June 30, 2024 | |
| Insurance members | 106,323 | 80,261 |
Posted In: CLOV