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Side-by-side financial comparison of CLOVER HEALTH INVESTMENTS, CORP. (CLOV) and Organon & Co. (OGN). Click either name above to swap in a different company.

Organon & Co. is the larger business by last-quarter revenue ($1.5B vs $749.2M, roughly 1.9× CLOVER HEALTH INVESTMENTS, CORP.). Organon & Co. runs the higher net margin — 10.0% vs 3.6%, a 6.4% gap on every dollar of revenue. On growth, CLOVER HEALTH INVESTMENTS, CORP. posted the faster year-over-year revenue change (62.0% vs -3.5%). Over the past eight quarters, CLOVER HEALTH INVESTMENTS, CORP.'s revenue compounded faster (45.0% CAGR vs -4.7%).

Clover Health Investments, Corp. is an American health care company founded in 2014. The company provides Medicare Advantage (MA) insurance plans and operates as a direct contracting entity with the U.S. government. The company manages care for Medicare beneficiaries in 11 states and started trading publicly on January 8, 2021.

Organon & Co. is an American pharmaceutical company headquartered in Jersey City, New Jersey. Organon specializes in the following core therapeutic fields: reproductive medicine, contraception, psychiatry, hormone replacement therapy (HRT), and anesthesia. Organon produces all its products outside of the United States but receives a third of its revenue from the United States.

CLOV vs OGN — Head-to-Head

Bigger by revenue
OGN
OGN
1.9× larger
OGN
$1.5B
$749.2M
CLOV
Growing faster (revenue YoY)
CLOV
CLOV
+65.5% gap
CLOV
62.0%
-3.5%
OGN
Higher net margin
OGN
OGN
6.4% more per $
OGN
10.0%
3.6%
CLOV
Faster 2-yr revenue CAGR
CLOV
CLOV
Annualised
CLOV
45.0%
-4.7%
OGN

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
CLOV
CLOV
OGN
OGN
Revenue
$749.2M
$1.5B
Net Profit
$27.3M
$146.0M
Gross Margin
53.6%
Operating Margin
3.6%
Net Margin
3.6%
10.0%
Revenue YoY
62.0%
-3.5%
Net Profit YoY
67.8%
EPS (diluted)
$0.05
$0.55

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CLOV
CLOV
OGN
OGN
Q1 26
$749.2M
$1.5B
Q4 25
$487.7M
$1.5B
Q3 25
$496.6M
$1.6B
Q2 25
$477.6M
$1.6B
Q1 25
$462.3M
$1.5B
Q4 24
$337.0M
$1.6B
Q3 24
$331.0M
$1.6B
Q2 24
$356.3M
$1.6B
Net Profit
CLOV
CLOV
OGN
OGN
Q1 26
$27.3M
$146.0M
Q4 25
$-49.3M
$-205.0M
Q3 25
$-24.4M
$160.0M
Q2 25
$-10.6M
$145.0M
Q1 25
$-1.3M
$87.0M
Q4 24
$-22.1M
$109.0M
Q3 24
$-9.2M
$359.0M
Q2 24
$7.4M
$195.0M
Gross Margin
CLOV
CLOV
OGN
OGN
Q1 26
53.6%
Q4 25
49.2%
Q3 25
53.5%
Q2 25
54.8%
Q1 25
55.6%
Q4 24
56.3%
Q3 24
24.5%
58.3%
Q2 24
30.3%
58.4%
Operating Margin
CLOV
CLOV
OGN
OGN
Q1 26
3.6%
Q4 25
-10.1%
-9.8%
Q3 25
-4.9%
15.2%
Q2 25
-2.2%
14.4%
Q1 25
-0.3%
6.7%
Q4 24
-6.4%
8.1%
Q3 24
-2.7%
13.1%
Q2 24
2.0%
14.6%
Net Margin
CLOV
CLOV
OGN
OGN
Q1 26
3.6%
10.0%
Q4 25
-10.1%
-13.6%
Q3 25
-4.9%
10.0%
Q2 25
-2.2%
9.1%
Q1 25
-0.3%
5.8%
Q4 24
-6.6%
6.8%
Q3 24
-2.8%
22.7%
Q2 24
2.1%
12.1%
EPS (diluted)
CLOV
CLOV
OGN
OGN
Q1 26
$0.05
$0.55
Q4 25
$-0.78
Q3 25
$0.61
Q2 25
$0.56
Q1 25
$0.33
Q4 24
$0.42
Q3 24
$1.38
Q2 24
$0.75

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CLOV
CLOV
OGN
OGN
Cash + ST InvestmentsLiquidity on hand
$177.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$339.4M
Total Assets
$697.7M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CLOV
CLOV
OGN
OGN
Q1 26
$177.6M
Q4 25
$78.3M
$574.0M
Q3 25
$672.0M
Q2 25
$599.0M
Q1 25
$547.0M
Q4 24
$194.5M
$675.0M
Q3 24
$288.0M
$763.0M
Q2 24
$254.8M
$704.0M
Total Debt
CLOV
CLOV
OGN
OGN
Q1 26
Q4 25
$8.6B
Q3 25
$8.8B
Q2 25
$8.9B
Q1 25
$9.0B
Q4 24
$8.9B
Q3 24
$8.7B
Q2 24
$8.7B
Stockholders' Equity
CLOV
CLOV
OGN
OGN
Q1 26
$339.4M
Q4 25
$308.7M
$752.0M
Q3 25
$340.9M
$906.0M
Q2 25
$344.2M
$733.0M
Q1 25
$336.1M
$542.0M
Q4 24
$341.1M
$472.0M
Q3 24
$342.2M
$493.0M
Q2 24
$324.9M
$144.0M
Total Assets
CLOV
CLOV
OGN
OGN
Q1 26
$697.7M
Q4 25
$541.0M
$12.9B
Q3 25
$559.7M
$13.6B
Q2 25
$575.0M
$13.5B
Q1 25
$583.7M
$13.2B
Q4 24
$580.7M
$13.1B
Q3 24
$653.0M
$12.8B
Q2 24
$674.2M
$12.2B
Debt / Equity
CLOV
CLOV
OGN
OGN
Q1 26
Q4 25
11.49×
Q3 25
9.74×
Q2 25
12.14×
Q1 25
16.52×
Q4 24
18.81×
Q3 24
17.75×
Q2 24
60.11×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CLOV
CLOV

Segment breakdown not available.

OGN
OGN

Established Brands$880.0M60%
Women’s Health$389.0M27%
Biosimilars$173.0M12%

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