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Medicare Advantage insurer + ACO REACH operator; Counterpart Health AI assistant for clinicians; ~$1.6B market cap.
Year-end Medicare Advantage member count. After exiting the loss-making Direct Contracting / ACO REACH program in 2023, Clover refocused on its core New Jersey-led 4-Star PPO product and returned to growth in 2025-2026.
FY 2019 — FY 2026 (AEP)
Source: Clover Health 10-K filings + annual enrollment press releases (Updated: 2026-Q1)
Clover's Direct Contracting / ACO REACH non-insurance segment was wound down after 2023. Insurance (Medicare Advantage) is now the entire business — Counterpart Health (the SaaS clinician tool) is not yet broken out as a separate revenue line.
FY 2020 — FY 2024
Source: Clover Health 10-K filings + annual press releases (Updated: 2024-FY)
Quarterly breakdown of revenue by product line and service category
2021-Q2 — 2026-Q1
Data from SEC filings via FMP • 20 periods available