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Side-by-side financial comparison of CLOVER HEALTH INVESTMENTS, CORP. (CLOV) and QUINSTREET, INC (QNST). Click either name above to swap in a different company.
CLOVER HEALTH INVESTMENTS, CORP. is the larger business by last-quarter revenue ($487.7M vs $287.8M, roughly 1.7× QUINSTREET, INC). QUINSTREET, INC runs the higher net margin — 17.4% vs -10.1%, a 27.6% gap on every dollar of revenue. On growth, CLOVER HEALTH INVESTMENTS, CORP. posted the faster year-over-year revenue change (44.7% vs 1.9%). QUINSTREET, INC produced more free cash flow last quarter ($20.7M vs $-69.0M). Over the past eight quarters, QUINSTREET, INC's revenue compounded faster (53.2% CAGR vs 18.6%).
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.
QUINSTREET, INCQNSTEarnings & Financial Report
QuinStreet, Inc. is a publicly traded online marketing company based in Foster City, California. The company helps generate web traffic for clients by acquiring popular domain names.
CLOV vs QNST — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $487.7M | $287.8M |
| Net Profit | $-49.3M | $50.2M |
| Gross Margin | — | 9.6% |
| Operating Margin | -10.1% | 0.4% |
| Net Margin | -10.1% | 17.4% |
| Revenue YoY | 44.7% | 1.9% |
| Net Profit YoY | -123.2% | 3342.5% |
| EPS (diluted) | — | $0.87 |
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.
| Q4 25 | $487.7M | $287.8M | ||
| Q3 25 | $496.6M | $285.9M | ||
| Q2 25 | $477.6M | — | ||
| Q1 25 | $462.3M | $269.8M | ||
| Q4 24 | $337.0M | $282.6M | ||
| Q3 24 | $331.0M | $279.2M | ||
| Q2 24 | $356.3M | $198.3M | ||
| Q1 24 | $346.9M | $168.6M |
| Q4 25 | $-49.3M | $50.2M | ||
| Q3 25 | $-24.4M | $4.5M | ||
| Q2 25 | $-10.6M | — | ||
| Q1 25 | $-1.3M | $4.4M | ||
| Q4 24 | $-22.1M | $-1.5M | ||
| Q3 24 | $-9.2M | $-1.4M | ||
| Q2 24 | $7.4M | $-2.2M | ||
| Q1 24 | $-19.2M | $-7.0M |
| Q4 25 | — | 9.6% | ||
| Q3 25 | — | 9.4% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 10.3% | ||
| Q4 24 | — | 9.5% | ||
| Q3 24 | 24.5% | 10.2% | ||
| Q2 24 | 30.3% | 8.8% | ||
| Q1 24 | 23.6% | 8.5% |
| Q4 25 | -10.1% | 0.4% | ||
| Q3 25 | -4.9% | 1.7% | ||
| Q2 25 | -2.2% | — | ||
| Q1 25 | -0.3% | 1.8% | ||
| Q4 24 | -6.4% | -0.5% | ||
| Q3 24 | -2.7% | -0.4% | ||
| Q2 24 | 2.0% | -0.7% | ||
| Q1 24 | -6.5% | -3.2% |
| Q4 25 | -10.1% | 17.4% | ||
| Q3 25 | -4.9% | 1.6% | ||
| Q2 25 | -2.2% | — | ||
| Q1 25 | -0.3% | 1.6% | ||
| Q4 24 | -6.6% | -0.5% | ||
| Q3 24 | -2.8% | -0.5% | ||
| Q2 24 | 2.1% | -1.1% | ||
| Q1 24 | -5.5% | -4.2% |
| Q4 25 | — | $0.87 | ||
| Q3 25 | — | $0.08 | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $0.08 | ||
| Q4 24 | — | $-0.03 | ||
| Q3 24 | — | $-0.02 | ||
| Q2 24 | — | $-0.04 | ||
| Q1 24 | — | $-0.13 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $78.3M | $107.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $308.7M | $294.4M |
| Total Assets | $541.0M | $493.0M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $78.3M | $107.0M | ||
| Q3 25 | — | $101.3M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $81.8M | ||
| Q4 24 | $194.5M | $57.8M | ||
| Q3 24 | $288.0M | $25.0M | ||
| Q2 24 | $254.8M | $50.5M | ||
| Q1 24 | $208.3M | $39.6M |
| Q4 25 | $308.7M | $294.4M | ||
| Q3 25 | $340.9M | $246.7M | ||
| Q2 25 | $344.2M | — | ||
| Q1 25 | $336.1M | $235.5M | ||
| Q4 24 | $341.1M | $224.3M | ||
| Q3 24 | $342.2M | $219.8M | ||
| Q2 24 | $324.9M | $216.8M | ||
| Q1 24 | $292.5M | $215.0M |
| Q4 25 | $541.0M | $493.0M | ||
| Q3 25 | $559.7M | $442.6M | ||
| Q2 25 | $575.0M | — | ||
| Q1 25 | $583.7M | $417.2M | ||
| Q4 24 | $580.7M | $409.6M | ||
| Q3 24 | $653.0M | $401.2M | ||
| Q2 24 | $674.2M | $368.5M | ||
| Q1 24 | $671.8M | $349.3M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-66.9M | $21.6M |
| Free Cash FlowOCF − Capex | $-69.0M | $20.7M |
| FCF MarginFCF / Revenue | -14.1% | 7.2% |
| Capex IntensityCapex / Revenue | 0.4% | 0.3% |
| Cash ConversionOCF / Net Profit | — | 0.43× |
| TTM Free Cash FlowTrailing 4 quarters | $-69.2M | $106.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-66.9M | $21.6M | ||
| Q3 25 | $12.1M | $19.6M | ||
| Q2 25 | $5.4M | — | ||
| Q1 25 | $-16.3M | $30.1M | ||
| Q4 24 | $34.8M | $38.7M | ||
| Q3 24 | $50.0M | $-13.7M | ||
| Q2 24 | $44.8M | $16.6M | ||
| Q1 24 | $25.9M | $4.1M |
| Q4 25 | $-69.0M | $20.7M | ||
| Q3 25 | $11.4M | $18.4M | ||
| Q2 25 | $4.8M | — | ||
| Q1 25 | $-16.5M | $29.5M | ||
| Q4 24 | $33.3M | $38.2M | ||
| Q3 24 | $49.6M | $-14.1M | ||
| Q2 24 | $44.4M | $15.4M | ||
| Q1 24 | $25.5M | $2.9M |
| Q4 25 | -14.1% | 7.2% | ||
| Q3 25 | 2.3% | 6.4% | ||
| Q2 25 | 1.0% | — | ||
| Q1 25 | -3.6% | 10.9% | ||
| Q4 24 | 9.9% | 13.5% | ||
| Q3 24 | 15.0% | -5.1% | ||
| Q2 24 | 12.5% | 7.8% | ||
| Q1 24 | 7.3% | 1.7% |
| Q4 25 | 0.4% | 0.3% | ||
| Q3 25 | 0.1% | 0.4% | ||
| Q2 25 | 0.1% | — | ||
| Q1 25 | 0.0% | 0.2% | ||
| Q4 24 | 0.5% | 0.2% | ||
| Q3 24 | 0.1% | 0.2% | ||
| Q2 24 | 0.1% | 0.6% | ||
| Q1 24 | 0.1% | 0.7% |
| Q4 25 | — | 0.43× | ||
| Q3 25 | — | 4.32× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 6.82× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 6.04× | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CLOV
Segment breakdown not available.
QNST
| Financial Service | $216.8M | 75% |
| Home Services And Other Revenue | $71.0M | 25% |
