Clover Health

Clover Health Delivers First Full-Year Profitability Trajectory as AI-Powered Care Model Drives 48% Membership Growth

- Clover Health reported second quarter 2026 GAAP net income of $28 million, a $39 million year-over-year improvement, alongside 48% Medicare Advantage membership growth to 157,309 members. - The company raised full-year 2026 guidance across all metrics, now projecting $2.92–$3.00 billion in revenue and GAAP net income of $20–$35 million. - Management attributed the performance to maturation of member cohorts under the AI-powered Clover Assistant platform, which improves gross profit by roughly $70 PMPM from year one to year two. - A court-ordered recalculation to a 4.5-star rating for payment year 2027 provides added flexibility, though CMS has filed notice of intent to appeal the decision.