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Side-by-side financial comparison of CLOVER HEALTH INVESTMENTS, CORP. (CLOV) and Simpson Manufacturing Co., Inc. (SSD). Click either name above to swap in a different company.
Simpson Manufacturing Co., Inc. is the larger business by last-quarter revenue ($588.0M vs $487.7M, roughly 1.2× CLOVER HEALTH INVESTMENTS, CORP.). Simpson Manufacturing Co., Inc. runs the higher net margin — 15.0% vs -10.1%, a 25.1% gap on every dollar of revenue. On growth, CLOVER HEALTH INVESTMENTS, CORP. posted the faster year-over-year revenue change (44.7% vs 9.1%). Over the past eight quarters, CLOVER HEALTH INVESTMENTS, CORP.'s revenue compounded faster (18.6% CAGR vs -0.8%).
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.
Simpson Manufacturing Company is a leading building materials manufacturer in the United States that produces structural connectors, fasteners, anchors, and products for new construction and retrofitting.
CLOV vs SSD — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | ||
|---|---|---|
| Revenue | $487.7M | $588.0M |
| Net Profit | $-49.3M | $88.2M |
| Gross Margin | — | 45.2% |
| Operating Margin | -10.1% | 19.5% |
| Net Margin | -10.1% | 15.0% |
| Revenue YoY | 44.7% | 9.1% |
| Net Profit YoY | -123.2% | 13.3% |
| EPS (diluted) | — | $2.13 |
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.
| Q1 26 | — | $588.0M | ||
| Q4 25 | $487.7M | $539.3M | ||
| Q3 25 | $496.6M | $623.5M | ||
| Q2 25 | $477.6M | $631.1M | ||
| Q1 25 | $462.3M | $538.9M | ||
| Q4 24 | $337.0M | $517.4M | ||
| Q3 24 | $331.0M | $587.2M | ||
| Q2 24 | $356.3M | $597.0M |
| Q1 26 | — | $88.2M | ||
| Q4 25 | $-49.3M | $56.2M | ||
| Q3 25 | $-24.4M | $107.4M | ||
| Q2 25 | $-10.6M | $103.5M | ||
| Q1 25 | $-1.3M | $77.9M | ||
| Q4 24 | $-22.1M | $55.4M | ||
| Q3 24 | $-9.2M | $93.5M | ||
| Q2 24 | $7.4M | $97.8M |
| Q1 26 | — | 45.2% | ||
| Q4 25 | — | 43.4% | ||
| Q3 25 | — | 46.4% | ||
| Q2 25 | — | 46.7% | ||
| Q1 25 | — | 46.8% | ||
| Q4 24 | — | 44.0% | ||
| Q3 24 | 24.5% | 46.8% | ||
| Q2 24 | 30.3% | 46.7% |
| Q1 26 | — | 19.5% | ||
| Q4 25 | -10.1% | 13.9% | ||
| Q3 25 | -4.9% | 22.6% | ||
| Q2 25 | -2.2% | 22.2% | ||
| Q1 25 | -0.3% | 19.0% | ||
| Q4 24 | -6.4% | 14.8% | ||
| Q3 24 | -2.7% | 21.3% | ||
| Q2 24 | 2.0% | 22.1% |
| Q1 26 | — | 15.0% | ||
| Q4 25 | -10.1% | 10.4% | ||
| Q3 25 | -4.9% | 17.2% | ||
| Q2 25 | -2.2% | 16.4% | ||
| Q1 25 | -0.3% | 14.5% | ||
| Q4 24 | -6.6% | 10.7% | ||
| Q3 24 | -2.8% | 15.9% | ||
| Q2 24 | 2.1% | 16.4% |
| Q1 26 | — | $2.13 | ||
| Q4 25 | — | $1.34 | ||
| Q3 25 | — | $2.58 | ||
| Q2 25 | — | $2.47 | ||
| Q1 25 | — | $1.85 | ||
| Q4 24 | — | $1.31 | ||
| Q3 24 | — | $2.21 | ||
| Q2 24 | — | $2.31 |
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 | $341.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $308.7M | $2.1B |
| Total Assets | $541.0M | $3.0B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $341.0M | ||
| Q4 25 | $78.3M | $384.1M | ||
| Q3 25 | — | $297.3M | ||
| Q2 25 | — | $190.4M | ||
| Q1 25 | — | $150.3M | ||
| Q4 24 | $194.5M | $239.4M | ||
| Q3 24 | $288.0M | $339.4M | ||
| Q2 24 | $254.8M | $354.9M |
| Q1 26 | — | — | ||
| Q4 25 | — | $300.0M | ||
| Q3 25 | — | $371.3M | ||
| Q2 25 | — | $376.9M | ||
| Q1 25 | — | $382.5M | ||
| Q4 24 | — | $388.1M | ||
| Q3 24 | — | $393.8M | ||
| Q2 24 | — | $399.4M |
| Q1 26 | — | $2.1B | ||
| Q4 25 | $308.7M | $2.0B | ||
| Q3 25 | $340.9M | $2.0B | ||
| Q2 25 | $344.2M | $1.9B | ||
| Q1 25 | $336.1M | $1.9B | ||
| Q4 24 | $341.1M | $1.8B | ||
| Q3 24 | $342.2M | $1.9B | ||
| Q2 24 | $324.9M | $1.8B |
| Q1 26 | — | $3.0B | ||
| Q4 25 | $541.0M | $3.1B | ||
| Q3 25 | $559.7M | $3.0B | ||
| Q2 25 | $575.0M | $3.0B | ||
| Q1 25 | $583.7M | $2.8B | ||
| Q4 24 | $580.7M | $2.7B | ||
| Q3 24 | $653.0M | $2.9B | ||
| Q2 24 | $674.2M | $2.8B |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.15× | ||
| Q3 25 | — | 0.19× | ||
| Q2 25 | — | 0.20× | ||
| Q1 25 | — | 0.21× | ||
| Q4 24 | — | 0.21× | ||
| Q3 24 | — | 0.21× | ||
| Q2 24 | — | 0.23× |
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 | — |
| Free Cash FlowOCF − Capex | $-69.0M | — |
| FCF MarginFCF / Revenue | -14.1% | — |
| Capex IntensityCapex / Revenue | 0.4% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-69.2M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $-66.9M | $155.7M | ||
| Q3 25 | $12.1M | $170.2M | ||
| Q2 25 | $5.4M | $125.2M | ||
| Q1 25 | $-16.3M | $7.6M | ||
| Q4 24 | $34.8M | $115.8M | ||
| Q3 24 | $50.0M | $103.3M | ||
| Q2 24 | $44.8M | $111.1M |
| Q1 26 | — | — | ||
| Q4 25 | $-69.0M | $119.0M | ||
| Q3 25 | $11.4M | $133.9M | ||
| Q2 25 | $4.8M | $87.3M | ||
| Q1 25 | $-16.5M | $-42.6M | ||
| Q4 24 | $33.3M | $60.3M | ||
| Q3 24 | $49.6M | $58.1M | ||
| Q2 24 | $44.4M | $70.9M |
| Q1 26 | — | — | ||
| Q4 25 | -14.1% | 22.1% | ||
| Q3 25 | 2.3% | 21.5% | ||
| Q2 25 | 1.0% | 13.8% | ||
| Q1 25 | -3.6% | -7.9% | ||
| Q4 24 | 9.9% | 11.7% | ||
| Q3 24 | 15.0% | 9.9% | ||
| Q2 24 | 12.5% | 11.9% |
| Q1 26 | — | — | ||
| Q4 25 | 0.4% | 6.8% | ||
| Q3 25 | 0.1% | 5.8% | ||
| Q2 25 | 0.1% | 6.0% | ||
| Q1 25 | 0.0% | 9.3% | ||
| Q4 24 | 0.5% | 10.7% | ||
| Q3 24 | 0.1% | 7.7% | ||
| Q2 24 | 0.1% | 6.7% |
| Q1 26 | — | — | ||
| Q4 25 | — | 2.77× | ||
| Q3 25 | — | 1.58× | ||
| Q2 25 | — | 1.21× | ||
| Q1 25 | — | 0.10× | ||
| Q4 24 | — | 2.09× | ||
| Q3 24 | — | 1.10× | ||
| Q2 24 | 6.04× | 1.14× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.