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Side-by-side financial comparison of CLOVER HEALTH INVESTMENTS, CORP. (CLOV) and XPLR Infrastructure, LP (XIFR). Click either name above to swap in a different company.
CLOVER HEALTH INVESTMENTS, CORP. is the larger business by last-quarter revenue ($749.2M vs $249.0M, roughly 3.0× XPLR Infrastructure, LP). XPLR Infrastructure, LP runs the higher net margin — 11.2% vs 3.6%, a 7.6% gap on every dollar of revenue. On growth, CLOVER HEALTH INVESTMENTS, CORP. posted the faster year-over-year revenue change (62.0% vs -15.3%). Over the past eight quarters, CLOVER HEALTH INVESTMENTS, CORP.'s revenue compounded faster (45.0% CAGR vs -1.6%).
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.
XPLR Infrastructure is a publicly traded subsidiary of NextEra Energy, is a Juno Beach, Florida-based renewable energy company.
CLOV vs XIFR — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $749.2M | $249.0M |
| Net Profit | $27.3M | $28.0M |
| Gross Margin | — | — |
| Operating Margin | 3.6% | -19.3% |
| Net Margin | 3.6% | 11.2% |
| Revenue YoY | 62.0% | -15.3% |
| Net Profit YoY | — | 124.3% |
| EPS (diluted) | $0.05 | — |
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 | $749.2M | — | ||
| Q4 25 | $487.7M | $249.0M | ||
| Q3 25 | $496.6M | $315.0M | ||
| Q2 25 | $477.6M | $342.0M | ||
| Q1 25 | $462.3M | $282.0M | ||
| Q4 24 | $337.0M | $294.0M | ||
| Q3 24 | $331.0M | $319.0M | ||
| Q2 24 | $356.3M | $360.0M |
| Q1 26 | $27.3M | — | ||
| Q4 25 | $-49.3M | $28.0M | ||
| Q3 25 | $-24.4M | $-37.0M | ||
| Q2 25 | $-10.6M | $79.0M | ||
| Q1 25 | $-1.3M | $-98.0M | ||
| Q4 24 | $-22.1M | $-115.0M | ||
| Q3 24 | $-9.2M | $-40.0M | ||
| Q2 24 | $7.4M | $62.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 24.5% | — | ||
| Q2 24 | 30.3% | — |
| Q1 26 | 3.6% | — | ||
| Q4 25 | -10.1% | -19.3% | ||
| Q3 25 | -4.9% | 1.6% | ||
| Q2 25 | -2.2% | 26.3% | ||
| Q1 25 | -0.3% | -82.6% | ||
| Q4 24 | -6.4% | -188.1% | ||
| Q3 24 | -2.7% | 15.4% | ||
| Q2 24 | 2.0% | 18.3% |
| Q1 26 | 3.6% | — | ||
| Q4 25 | -10.1% | 11.2% | ||
| Q3 25 | -4.9% | -11.7% | ||
| Q2 25 | -2.2% | 23.1% | ||
| Q1 25 | -0.3% | -34.8% | ||
| Q4 24 | -6.6% | -39.1% | ||
| Q3 24 | -2.8% | -12.5% | ||
| Q2 24 | 2.1% | 17.2% |
| Q1 26 | $0.05 | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $-0.40 | ||
| Q2 25 | — | $0.84 | ||
| Q1 25 | — | $-1.05 | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $-0.43 | ||
| Q2 24 | — | $0.66 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $177.6M | $960.0M |
| Total DebtLower is stronger | — | $6.2B |
| Stockholders' EquityBook value | $339.4M | $10.9B |
| Total Assets | $697.7M | $19.6B |
| Debt / EquityLower = less leverage | — | 0.57× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $177.6M | — | ||
| Q4 25 | $78.3M | $960.0M | ||
| Q3 25 | — | $711.0M | ||
| Q2 25 | — | $880.0M | ||
| Q1 25 | — | $1.5B | ||
| Q4 24 | $194.5M | $283.0M | ||
| Q3 24 | $288.0M | $290.0M | ||
| Q2 24 | $254.8M | $281.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | $6.2B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $5.3B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $339.4M | — | ||
| Q4 25 | $308.7M | $10.9B | ||
| Q3 25 | $340.9M | $11.0B | ||
| Q2 25 | $344.2M | $11.3B | ||
| Q1 25 | $336.1M | $12.6B | ||
| Q4 24 | $341.1M | $12.9B | ||
| Q3 24 | $342.2M | $13.6B | ||
| Q2 24 | $324.9M | $13.9B |
| Q1 26 | $697.7M | — | ||
| Q4 25 | $541.0M | $19.6B | ||
| Q3 25 | $559.7M | $19.1B | ||
| Q2 25 | $575.0M | $20.5B | ||
| Q1 25 | $583.7M | $21.4B | ||
| Q4 24 | $580.7M | $20.3B | ||
| Q3 24 | $653.0M | $20.9B | ||
| Q2 24 | $674.2M | $21.7B |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.57× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.41× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | — | $186.0M |
| Free Cash FlowOCF − Capex | — | $-88.0M |
| FCF MarginFCF / Revenue | — | -35.3% |
| Capex IntensityCapex / Revenue | — | 110.0% |
| Cash ConversionOCF / Net Profit | — | 6.64× |
| TTM Free Cash FlowTrailing 4 quarters | — | $-219.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $-66.9M | $186.0M | ||
| Q3 25 | $12.1M | $231.0M | ||
| Q2 25 | $5.4M | $232.0M | ||
| Q1 25 | $-16.3M | $90.0M | ||
| Q4 24 | $34.8M | $283.0M | ||
| Q3 24 | $50.0M | $208.0M | ||
| Q2 24 | $44.8M | $231.0M |
| Q1 26 | — | — | ||
| Q4 25 | $-69.0M | $-88.0M | ||
| Q3 25 | $11.4M | $-283.0M | ||
| Q2 25 | $4.8M | $151.0M | ||
| Q1 25 | $-16.5M | $1.0M | ||
| Q4 24 | $33.3M | $231.0M | ||
| Q3 24 | $49.6M | $152.0M | ||
| Q2 24 | $44.4M | $162.0M |
| Q1 26 | — | — | ||
| Q4 25 | -14.1% | -35.3% | ||
| Q3 25 | 2.3% | -89.8% | ||
| Q2 25 | 1.0% | 44.2% | ||
| Q1 25 | -3.6% | 0.4% | ||
| Q4 24 | 9.9% | 78.6% | ||
| Q3 24 | 15.0% | 47.6% | ||
| Q2 24 | 12.5% | 45.0% |
| Q1 26 | — | — | ||
| Q4 25 | 0.4% | 110.0% | ||
| Q3 25 | 0.1% | 163.2% | ||
| Q2 25 | 0.1% | 23.7% | ||
| Q1 25 | 0.0% | 31.6% | ||
| Q4 24 | 0.5% | 17.7% | ||
| Q3 24 | 0.1% | 17.6% | ||
| Q2 24 | 0.1% | 19.2% |
| Q1 26 | — | — | ||
| Q4 25 | — | 6.64× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 2.94× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 6.04× | 3.73× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CLOV
Segment breakdown not available.
XIFR
| Renewable Energy Sales | $238.0M | 96% |
| Related Party | $8.0M | 3% |
