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Side-by-side financial comparison of CLOVER HEALTH INVESTMENTS, CORP. (CLOV) and WYNDHAM HOTELS & RESORTS, INC. (WH). 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 $334.0M, roughly 1.5× WYNDHAM HOTELS & RESORTS, INC.). CLOVER HEALTH INVESTMENTS, CORP. runs the higher net margin — -10.1% vs -18.0%, a 7.9% gap on every dollar of revenue. On growth, CLOVER HEALTH INVESTMENTS, CORP. posted the faster year-over-year revenue change (44.7% vs -76.3%). WYNDHAM HOTELS & RESORTS, INC. produced more free cash flow last quarter ($168.0M vs $-69.0M). Over the past eight quarters, CLOVER HEALTH INVESTMENTS, CORP.'s revenue compounded faster (18.6% CAGR vs -4.6%).
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.
Wyndham Hotels & Resorts, Inc., is an American hospitality company based in Parsippany, New Jersey, United States. It describes itself as the largest hotel franchisor in the world, with 9,100 locations.
CLOV vs WH — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $487.7M | $334.0M |
| Net Profit | $-49.3M | $-60.0M |
| Gross Margin | — | — |
| Operating Margin | -10.1% | — |
| Net Margin | -10.1% | -18.0% |
| Revenue YoY | 44.7% | -76.3% |
| Net Profit YoY | -123.2% | -170.6% |
| EPS (diluted) | — | $-0.80 |
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 | — | $334.0M | ||
| Q4 25 | $487.7M | $334.0M | ||
| Q3 25 | $496.6M | $382.0M | ||
| Q2 25 | $477.6M | $397.0M | ||
| Q1 25 | $462.3M | $316.0M | ||
| Q4 24 | $337.0M | $336.0M | ||
| Q3 24 | $331.0M | $396.0M | ||
| Q2 24 | $356.3M | $367.0M |
| Q1 26 | — | $-60.0M | ||
| Q4 25 | $-49.3M | $-60.0M | ||
| Q3 25 | $-24.4M | $105.0M | ||
| Q2 25 | $-10.6M | $87.0M | ||
| Q1 25 | $-1.3M | $61.0M | ||
| Q4 24 | $-22.1M | $85.0M | ||
| Q3 24 | $-9.2M | $102.0M | ||
| Q2 24 | $7.4M | $86.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 24.5% | — | ||
| Q2 24 | 30.3% | — |
| Q1 26 | — | — | ||
| Q4 25 | -10.1% | -11.4% | ||
| Q3 25 | -4.9% | 46.6% | ||
| Q2 25 | -2.2% | 37.8% | ||
| Q1 25 | -0.3% | 35.4% | ||
| Q4 24 | -6.4% | 38.4% | ||
| Q3 24 | -2.7% | 43.2% | ||
| Q2 24 | 2.0% | 39.5% |
| Q1 26 | — | -18.0% | ||
| Q4 25 | -10.1% | -18.0% | ||
| Q3 25 | -4.9% | 27.5% | ||
| Q2 25 | -2.2% | 21.9% | ||
| Q1 25 | -0.3% | 19.3% | ||
| Q4 24 | -6.6% | 25.3% | ||
| Q3 24 | -2.8% | 25.8% | ||
| Q2 24 | 2.1% | 23.4% |
| Q1 26 | — | $-0.80 | ||
| Q4 25 | — | $-0.77 | ||
| Q3 25 | — | $1.36 | ||
| Q2 25 | — | $1.13 | ||
| Q1 25 | — | $0.78 | ||
| Q4 24 | — | $1.06 | ||
| Q3 24 | — | $1.29 | ||
| Q2 24 | — | $1.07 |
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 | $64.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $308.7M | $468.0M |
| Total Assets | $541.0M | $4.2B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $64.0M | ||
| Q4 25 | $78.3M | $64.0M | ||
| Q3 25 | — | $70.0M | ||
| Q2 25 | — | $50.0M | ||
| Q1 25 | — | $48.0M | ||
| Q4 24 | $194.5M | $103.0M | ||
| Q3 24 | $288.0M | $72.0M | ||
| Q2 24 | $254.8M | $70.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | $2.5B | ||
| Q3 25 | — | $2.6B | ||
| Q2 25 | — | $2.5B | ||
| Q1 25 | — | $2.5B | ||
| Q4 24 | — | $2.4B | ||
| Q3 24 | — | $2.4B | ||
| Q2 24 | — | $2.4B |
| Q1 26 | — | $468.0M | ||
| Q4 25 | $308.7M | $468.0M | ||
| Q3 25 | $340.9M | $583.0M | ||
| Q2 25 | $344.2M | $570.0M | ||
| Q1 25 | $336.1M | $579.0M | ||
| Q4 24 | $341.1M | $650.0M | ||
| Q3 24 | $342.2M | $583.0M | ||
| Q2 24 | $324.9M | $623.0M |
| Q1 26 | — | $4.2B | ||
| Q4 25 | $541.0M | $4.2B | ||
| Q3 25 | $559.7M | $4.3B | ||
| Q2 25 | $575.0M | $4.3B | ||
| Q1 25 | $583.7M | $4.2B | ||
| Q4 24 | $580.7M | $4.2B | ||
| Q3 24 | $653.0M | $4.2B | ||
| Q2 24 | $674.2M | $4.2B |
| Q1 26 | — | — | ||
| Q4 25 | — | 5.37× | ||
| Q3 25 | — | 4.43× | ||
| Q2 25 | — | 4.44× | ||
| Q1 25 | — | 4.29× | ||
| Q4 24 | — | 3.72× | ||
| Q3 24 | — | 4.19× | ||
| Q2 24 | — | 3.83× |
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 | $367.0M |
| Free Cash FlowOCF − Capex | $-69.0M | $168.0M |
| FCF MarginFCF / Revenue | -14.1% | 50.3% |
| Capex IntensityCapex / Revenue | 0.4% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-69.2M | $437.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $367.0M | ||
| Q4 25 | $-66.9M | $152.0M | ||
| Q3 25 | $12.1M | $86.0M | ||
| Q2 25 | $5.4M | $70.0M | ||
| Q1 25 | $-16.3M | $59.0M | ||
| Q4 24 | $34.8M | $134.0M | ||
| Q3 24 | $50.0M | $79.0M | ||
| Q2 24 | $44.8M | $1.0M |
| Q1 26 | — | $168.0M | ||
| Q4 25 | $-69.0M | $136.0M | ||
| Q3 25 | $11.4M | $75.0M | ||
| Q2 25 | $4.8M | $58.0M | ||
| Q1 25 | $-16.5M | $52.0M | ||
| Q4 24 | $33.3M | $109.0M | ||
| Q3 24 | $49.6M | $71.0M | ||
| Q2 24 | $44.4M | $-6.0M |
| Q1 26 | — | 50.3% | ||
| Q4 25 | -14.1% | 40.7% | ||
| Q3 25 | 2.3% | 19.6% | ||
| Q2 25 | 1.0% | 14.6% | ||
| Q1 25 | -3.6% | 16.5% | ||
| Q4 24 | 9.9% | 32.4% | ||
| Q3 24 | 15.0% | 17.9% | ||
| Q2 24 | 12.5% | -1.6% |
| Q1 26 | — | — | ||
| Q4 25 | 0.4% | 4.8% | ||
| Q3 25 | 0.1% | 2.9% | ||
| Q2 25 | 0.1% | 3.0% | ||
| Q1 25 | 0.0% | 2.2% | ||
| Q4 24 | 0.5% | 7.4% | ||
| Q3 24 | 0.1% | 2.0% | ||
| Q2 24 | 0.1% | 1.9% |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 0.82× | ||
| Q2 25 | — | 0.80× | ||
| Q1 25 | — | 0.97× | ||
| Q4 24 | — | 1.58× | ||
| Q3 24 | — | 0.77× | ||
| Q2 24 | 6.04× | 0.01× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CLOV
Segment breakdown not available.
WH
| Fee-related and other revenues | $334.0M | 100% |
| Management and other fees | $2.0M | 1% |
