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Selectquote Inc Financials

SLQT
FY2026 annual
Revenue $1.6B +6.0% YoY
Net Income $62.2M +30.7% YoY
EPS (Diluted) -$0.06 -700.0% YoY
Free Cash Flow $27.6M +299.2% YoY
Source SEC Filings (10-K/10-Q) Latest period FY2026, ended Jun 30, 2026 Reported Currency USD FYE June

Selectquote Inc (SLQT) reported $1.6B in revenue for fiscal year 2026, up 6.0% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 9 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI SLQT FY2026

Revenue scale is expanding, but margin compression and thin cash reserves make operating recovery more important than headline growth.

From FY2024 to FY2026, gross margin fell from 69.4% to 54.9%, yet operating margin held near 4.5%. That combination indicates improved overhead absorption is offsetting much of the deterioration in the underlying margin structure before profit reaches the bottom line.

In FY2025, $47.6M of net income accompanied operating cash flow of -$11.7M, so reported profit did not translate into cash. In FY2026, operating cash flow reached $31.9M and free cash flow $27.6M, showing a reversal in cash conversion and better earnings quality.

Debt fell from $637.5M in FY2024 to $316.6M in FY2025, reducing leverage sharply. By FY2026, liabilities had risen to $935.0M while cash was just $16.0M; near-term assets still exceed current liabilities, but the liquidity cushion is limited.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Financial health score not available

Selectquote Inc does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.

Piotroski F-Score Neutral
5/9

Selectquote Inc passes 5 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Mixed
0.51x

For every $1 of reported earnings, Selectquote Inc generates $0.51 in operating cash flow ($31.9M OCF vs $62.2M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Interest Coverage At Risk
1.66x

Selectquote Inc earns $1.66 in operating income for every $1 of interest expense ($73.9M vs $44.5M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Earnings & Revenue

Revenue
$1.6B
YoY+6.0%
5Y CAGR+11.7%

Selectquote Inc generated $1.6B in revenue in fiscal year 2026. This represents an increase of 6.0% from the prior year.

EBITDA
$91.4M
YoY+2.8%
5Y CAGR-15.2%

Selectquote Inc's EBITDA was $91.4M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 2.8% from the prior year.

Net Income
$62.2M
YoY+30.7%
5Y CAGR-13.0%

Selectquote Inc reported $62.2M in net income in fiscal year 2026. This represents an increase of 30.7% from the prior year.

EPS (Diluted)
-$0.06
YoY-700.0%

Selectquote Inc earned -$0.06 per diluted share (EPS) in fiscal year 2026. This represents a decrease of 700.0% from the prior year.

Cash & Balance Sheet

Free Cash Flow
$27.6M
YoY+299.2%

Selectquote Inc generated $27.6M in free cash flow in fiscal year 2026, representing cash available after capex. This represents an increase of 299.2% from the prior year.

Cash & Debt
$16.0M
YoY-50.5%
5Y CAGR-43.8%

Selectquote Inc held $16.0M in cash against $348.2M in long-term debt as of fiscal year 2026.

Shares Outstanding
177M
YoY+2.2%

Selectquote Inc had 177M shares outstanding in fiscal year 2026. This represents an increase of 2.2% from the prior year.

Dividends Per Share

Not reported for fiscal year 2026.

Margins & Returns

Gross Margin
54.9%
YoY-3.9pp
5Y CAGR-45.0pp

Selectquote Inc's gross margin was 54.9% in fiscal year 2026, indicating the percentage of revenue retained after direct costs. This is down 3.9 percentage points from the prior year.

Operating Margin
4.6%
YoY+0.1pp
5Y CAGR-16.1pp

Selectquote Inc's operating margin was 4.6% in fiscal year 2026, reflecting core business profitability. This is up 0.1 percentage points from the prior year.

Net Margin
3.8%
YoY+0.7pp
5Y CAGR-9.6pp

Selectquote Inc's net profit margin was 3.8% in fiscal year 2026, showing the share of revenue converted to profit. This is up 0.7 percentage points from the prior year.

Return on Equity
17.7%
YoY+4.1pp
5Y CAGR-1.0pp

Selectquote Inc's ROE was 17.7% in fiscal year 2026, measuring profit generated per dollar of shareholder equity. This is up 4.1 percentage points from the prior year.

Capital Allocation

Capital Expenditures
$4.3M
YoY+95.2%
5Y CAGR-22.1%

Selectquote Inc invested $4.3M in capex in fiscal year 2026, funding long-term assets and infrastructure. This represents an increase of 95.2% from the prior year.

R&D Spending

Not reported for fiscal year 2026.

Share Buybacks

Not reported for fiscal year 2026.

SLQT Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

SLQT quarterly income statement
MetricQ4'26Q3'26Q2'26Q1'26Q4'25Q3'25Q2'25Q1'25
Revenue$321.7M-25.4%$430.9M-19.8%$537.1M+63.3%$328.8M-4.7%$345.1M-15.4%$408.2M-15.2%$481.1M+64.6%$292.3M
Cost of Revenue$161.5M-5.7%$171.3M-16.5%$205.2M+6.4%$192.8M+5.7%$182.3M+12.3%$162.3M+3.9%$156.2M+20.6%$129.5M
Gross Profit$160.2M-38.3%$259.6M-21.8%$331.9M+144.0%$136.0M-16.4%$162.8M-33.8%$245.9M-24.3%$324.9M+99.6%$162.7M
SG&A Expenses$36.1M-5.5%$38.2M-1.9%$38.9M+8.7%$35.8M-13.9%$41.6M-0.2%$41.7M-7.4%$45.0M+24.6%$36.1M
Operating Income$3.4M-90.5%$35.9M-52.3%$75.3M+284.8%-$40.7M-225.4%-$12.5M-156.8%$22.1M-68.9%$70.9M+692.3%-$12.0M
Interest Expense$10.5M-0.9%$10.6M-8.7%$11.6M-1.7%$11.8M-3.4%$12.2M-40.1%$20.4M-14.0%$23.7M+3.0%$23.0M
Income Tax$3.7M-5.4%$3.9M-71.3%$13.7M+289.6%-$7.2M-106.2%-$3.5M-140.7%$8.6M+162.7%-$13.7M-243.6%$9.5M
Net Income-$16.8M-141.9%$40.2M-42.0%$69.3M+327.5%-$30.5M-336.7%$12.9M-50.5%$26.0M-51.1%$53.2M+219.5%-$44.5M
EPS (Diluted)-$0.17$0.11-57.7%$0.26-$0.26-116.7%-$0.12-500.0%$0.03$0.30+215.4%-$0.26

Not reported in any period shown, so not listed: R&D Expenses.

SLQT Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

SLQT quarterly balance sheet
MetricQ4'26Q3'26Q2'26Q1'26Q4'25Q3'25Q2'25Q1'25
Total Assets$1.3B-3.6%$1.3B-1.3%$1.4B+12.0%$1.2B-3.4%$1.2B-3.6%$1.3B+1.3%$1.3B+11.5%$1.1B
Current Assets$350.9M-4.4%$367.2M-13.6%$424.8M+28.0%$332.0M-2.7%$341.0M-5.3%$360.2M-3.3%$372.4M+21.3%$306.9M
Cash & Equivalents$16.0M-46.2%$29.8M+62.7%$18.3M+70.5%$10.7M-66.8%$32.4M-59.6%$80.1M+995.1%$7.3M-30.0%$10.4M
Goodwill$29.4M0.0%$29.4M0.0%$29.4M0.0%$29.4M0.0%$29.4M0.0%$29.4M0.0%$29.4M0.0%$29.4M
Total Liabilities$935.0M-1.6%$950.0M+29.7%$732.6M-18.8%$901.9M+33.8%$673.8M-8.7%$738.0M-22.6%$953.2M+8.6%$877.4M
Current Liabilities$192.6M-16.6%$231.1M-1.6%$234.8M+8.8%$215.7M+1.3%$212.9M+9.9%$193.7M-0.4%$194.4M+16.6%$166.7M
Long-Term Debt$348.2M-1.5%$353.3M-8.4%$385.7M+18.7%$324.8M+2.6%$316.6M-12.7%$362.5M-47.0%$684.3M+7.4%$637.2M
Total Equity$351.8M-8.6%$384.7M+7.0%$359.7M+17.9%$305.1M-13.1%$351.1M+0.3%$350.2M+7.4%$326.0M+21.0%$269.4M
Retained Earnings-$160.0M-11.8%-$143.2M+21.9%-$183.4M+27.4%-$252.6M-13.7%-$222.2M+5.5%-$235.1M+10.0%-$261.1M+16.9%-$314.3M

Not reported in any period shown, so not listed: Inventory, Accounts Receivable.

SLQT Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

SLQT quarterly cash flow statement
MetricQ4'26Q3'26Q2'26Q1'26Q4'25Q3'25Q2'25Q1'25
Operating Cash Flow-$3.3M-105.8%$56.8M+109082.7%$52K+100.2%-$21.6M+42.3%-$37.5M-152.7%$71.1M+347.9%-$28.7M-72.8%-$16.6M
Capital Expenditures$1.2M+24.9%$947K-13.0%$1.1M+2.8%$1.1M+111.2%$501K-47.2%$949K+217.4%$299K-32.4%$442K
Free Cash Flow-$4.5M-108.1%$55.8M+5488.8%-$1.0M+95.4%-$22.7M+40.3%-$38.0M-154.1%$70.2M+342.0%-$29.0M-70.0%-$17.1M
Investing Cash Flow-$4.6M-15.5%-$4.0M-8.4%-$3.6M+8.5%-$4.0M-28.1%-$3.1M+7.3%-$3.4M-47.8%-$2.3M+11.7%-$2.6M
Financing Cash Flow-$6.7M+83.2%-$39.9M-455.2%$11.2M+165.0%$4.2M+149.5%-$8.6M-277.4%$4.8M-85.9%$34.2M+361.5%-$13.1M

Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.

SLQT Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples.

SLQT quarterly financial ratios
MetricQ4'26Q3'26Q2'26Q1'26Q4'25Q3'25Q2'25Q1'25
Gross Margin49.8%-10.5pp60.3%-1.5pp61.8%+20.4pp41.4%-5.8pp47.2%-13.1pp60.2%-7.3pp67.5%+11.9pp55.7%
Operating Margin1.1%-7.3pp8.3%-5.7pp14.0%+26.4pp-12.4%-8.8pp-3.6%-9.0pp5.4%-9.3pp14.8%+18.9pp-4.1%
Net Margin-5.2%-14.6pp9.3%-3.6pp12.9%+22.2pp-9.3%-13.0pp3.7%-2.6pp6.4%-4.7pp11.1%+26.3pp-15.2%
Return on Equity-4.8%-15.2pp10.4%-8.8pp19.3%+29.3pp-10.0%-13.6pp3.7%-3.8pp7.4%-8.9pp16.3%+32.9pp-16.5%
Return on Assets-1.3%-4.3pp3.0%-2.1pp5.1%+7.6pp-2.5%-3.6pp1.0%-1.0pp2.0%-2.1pp4.2%+8.0pp-3.9%
Current Ratio1.82+0.2x1.59-0.2x1.81+0.3x1.54-0.1x1.60-0.3x1.86-0.1x1.92+0.1x1.84
Debt-to-Equity0.99+0.1x0.92-0.2x1.070.0x1.06+0.2x0.90-0.1x1.04-1.1x2.10-0.3x2.36
FCF Margin-1.4%-14.4pp13.0%+13.2pp-0.2%+6.7pp-6.9%+4.1pp-11.0%-28.2pp17.2%+23.2pp-6.0%-0.2pp-5.8%

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Frequently Asked Questions

What is Selectquote Inc's annual revenue?

Selectquote Inc (SLQT) reported $1.6B in total revenue for fiscal year 2026. This represents a 6.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Selectquote Inc's revenue growing?

Selectquote Inc (SLQT) revenue grew by 6.0% year-over-year, from $1.5B to $1.6B in fiscal year 2026.

Is Selectquote Inc profitable?

Yes, Selectquote Inc (SLQT) reported a net income of $62.2M in fiscal year 2026, with a net profit margin of 3.8%.

Selectquote Inc (SLQT) reported diluted earnings per share of -$0.06 for fiscal year 2026. This represents a -700.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Selectquote Inc (SLQT) had EBITDA of $91.4M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.

As of fiscal year 2026, Selectquote Inc (SLQT) had $16.0M in cash and equivalents against $348.2M in long-term debt.

Selectquote Inc (SLQT) had a gross margin of 54.9% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.

Selectquote Inc (SLQT) had an operating margin of 4.6% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.

Selectquote Inc (SLQT) had a net profit margin of 3.8% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.

Selectquote Inc (SLQT) has a return on equity of 17.7% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.

Selectquote Inc (SLQT) generated $27.6M in free cash flow during fiscal year 2026. This represents a 299.2% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

Selectquote Inc (SLQT) generated $31.9M in operating cash flow during fiscal year 2026, representing cash generated from core business activities.

Selectquote Inc (SLQT) had $1.3B in total assets as of fiscal year 2026, including both current and long-term assets.

Selectquote Inc (SLQT) invested $4.3M in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.

Selectquote Inc (SLQT) had 177M shares outstanding as of fiscal year 2026.

Selectquote Inc (SLQT) had a current ratio of 1.82 as of fiscal year 2026, which is generally considered healthy.

Selectquote Inc (SLQT) had a debt-to-equity ratio of 0.99 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.

Selectquote Inc (SLQT) had a return on assets of 4.8% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.

Selectquote Inc (SLQT) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Selectquote Inc (SLQT) has an earnings quality ratio of 0.51x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Selectquote Inc (SLQT) has an interest coverage ratio of 1.66x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

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