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SelectQuote, Inc. (SLQT) 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
Market Cap $64.2M as of Oct 10, 2026
Price / Sales 0.0x on $1.6B revenue, FY2026
Price / Earnings 1.0x on $62.2M net income, FY2026
Price / Book 0.2x on $351.8M equity, Q4 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 10, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period FY2026, ended Jun 30, 2026 Reported Currency USD FYE June

Newest figures come from the 10-K for FY2026, filed Aug 25, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the SLQT SEC filings page.

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 has expanded, but falling gross margins leave SelectQuote dependent on disciplined overhead and improving cash conversion to sustain profits.

From FY2024 to FY2026, revenue rose from $1.3B to $1.6B while gross margin fell from 69.4% to 54.9%; operating margin stayed near 5.0%. The business therefore needs substantially more sales to produce roughly similar operating profitability, signaling a changed economic mix or cost structure rather than straightforward scale benefits.

FY2025 paired net income of $47.6M with operating cash flow of -$11.7M, so reported profit was not yet translating into cash. FY2026 reversed that mismatch: operating cash flow reached $31.9M against net income of $62.2M, bringing earnings quality closer to the underlying cash economics.

Balance-sheet leverage increased in FY2026: total liabilities were $935M and debt-to-equity was 1.0x, a less conservative posture than the prior year. A 1.8x current ratio indicates short-term assets still exceeded short-term obligations, but the balance sheet is carrying more obligations even as profitability improves.

[ 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
$321.7M
YoY-6.8%
QoQ-25.4%
5Y CAGR+12.0%

SelectQuote, Inc. generated $321.7M in revenue in Q4 2026. This represents a decrease of 6.8% from the same quarter a year earlier. Against the prior quarter it is down 25.4%.

EBITDA
$7.9M
YoY+203.5%
QoQ-80.4%
5Y CAGR-9.9%

SelectQuote, Inc.'s EBITDA was $7.9M in Q4 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 203.5% from the same quarter a year earlier. Against the prior quarter it is down 80.4%.

Net Income
-$16.8M
YoY-230.9%
QoQ-141.9%

SelectQuote, Inc. reported -$16.8M in net income in Q4 2026. This represents a decrease of 230.9% from the same quarter a year earlier. Against the prior quarter it is down 141.9%.

EPS (Diluted)
-$0.17
YoY-41.7%

SelectQuote, Inc. earned -$0.17 per diluted share (EPS) in Q4 2026. This represents a decrease of 41.7% from the same quarter a year earlier.

Cash & Balance Sheet

Free Cash Flow
-$4.5M
YoY+88.1%
QoQ-108.1%

SelectQuote, Inc. recorded an outflow of $4.5M in free cash flow in Q4 2026, representing a cash shortfall after capex. This represents an increase of 88.1% from the same quarter a year earlier. Against the prior quarter it is down 108.1%.

Cash & Debt
$16.0M
YoY-50.5%
QoQ-46.2%
5Y CAGR-43.8%

SelectQuote, Inc. held $16.0M in cash against $348.2M in long-term debt as of Q4 2026.

Shares Outstanding
177M
YoY+2.2%
5Y CAGR+1.5%

SelectQuote, Inc. had 177M shares outstanding in Q4 2026. This represents an increase of 2.2% from the same quarter a year earlier.

Dividends Per Share

Not reported for Q4 2026.

Margins & Returns

Gross Margin
49.8%
YoY+2.6pp
QoQ-10.5pp

SelectQuote, Inc.'s gross margin was 49.8% in Q4 2026, indicating the percentage of revenue retained after direct costs. This is up 2.6 percentage points from the same quarter a year earlier. Against the prior quarter it is down 10.5 percentage points.

Operating Margin
1.1%
YoY+4.7pp
QoQ-7.3pp
5Y change-3.5pp

SelectQuote, Inc.'s operating margin was 1.1% in Q4 2026, reflecting core business profitability. This is up 4.7 percentage points from the same quarter a year earlier. Against the prior quarter it is down 7.3 percentage points.

Net Margin
-5.2%
YoY-9.0pp
QoQ-14.6pp
5Y change-4.7pp

SelectQuote, Inc.'s net profit margin was -5.2% in Q4 2026, showing the share of revenue converted to profit. This is down 9.0 percentage points from the same quarter a year earlier. Against the prior quarter it is down 14.6 percentage points.

Return on Equity
-4.8%
YoY-8.4pp
QoQ-15.2pp
5Y change-4.6pp

SelectQuote, Inc.'s ROE was -4.8% in Q4 2026, measuring profit generated per dollar of shareholder equity. This is down 8.4 percentage points from the same quarter a year earlier. Against the prior quarter it is down 15.2 percentage points.

Capital Allocation

Capital Expenditures
$1.2M
YoY+136.1%
QoQ+24.9%
5Y CAGR-32.4%

SelectQuote, Inc. invested $1.2M in capex in Q4 2026, funding long-term assets and infrastructure. This represents an increase of 136.1% from the same quarter a year earlier. Against the prior quarter it is up 24.9%.

R&D Spending

Not reported for Q4 2026.

Share Buybacks

Not reported for Q4 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. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

SLQT quarterly income statement
MetricQ4'2610-KQ3'2610-QQ2'2610-QQ1'2610-QQ4'2510-KQ3'2510-QQ2'2510-QQ1'2510-Q
Revenue$321.7M-6.8%$430.9M+5.6%$537.1M+11.6%$328.8M+12.5%$345.1M+12.3%$408.2M+8.4%$481.1M+18.7%$292.3M+25.6%
Cost of Revenue$161.5M-11.4%$171.3M+5.5%$205.2M+31.4%$192.8M+48.8%$182.3M+51.1%$162.3M+52.9%$156.2M+65.9%$129.5M+54.2%
Gross Profit$160.2M-1.6%$259.6M+5.6%$331.9M+2.2%$136.0M-16.4%$162.8M-12.7%$245.9M-9.0%$324.9M+4.4%$162.7M+9.4%
SG&A Expenses$36.1M-13.3%$38.2M-8.4%$38.9M-13.5%$35.8M-0.9%$41.6M-5.5%$41.7M+19.2%$45.0M+34.7%$36.1M+26.1%
Operating Income$3.4M+127.4%$35.9M+62.9%$75.3M+6.2%-$40.7M-240.2%-$12.5M-800.3%$22.1M-33.3%$70.9M+28.3%-$12.0M+46.6%
EBITDA$7.9M+203.5%$40.3M+49.4%$79.6M+4.8%-$36.4M-471.4%-$7.6M-252.5%$27.0M-32.1%$76.0M+24.2%-$6.4M+61.2%
Interest Expense$10.5M-14.1%$10.6M-48.0%$11.6M-51.0%$11.8M-48.7%$12.2M-47.8%$20.4M-16.1%$23.7M-2.8%$23.0M+7.6%
Income Tax$3.7M+206.3%$3.9M-54.2%$13.7M+199.9%-$7.2M-175.6%-$3.5M-156.3%$8.6M+4976.3%-$13.7M-219.1%$9.5M+174.4%
Net Income-$16.8M-230.9%$40.2M+54.5%$69.3M+30.2%-$30.5M+31.6%$12.9M+141.5%$26.0M+204.3%$53.2M+174.5%-$44.5M-43.5%
EPS (Basic)-$0.19-533.3%$0.110.0%$0.27-12.9%-$0.260.0%-$0.03+83.3%$0.11+120.0%$0.31+158.3%-$0.26-36.8%
EPS (Diluted)-$0.17-41.7%$0.11$0.26-$0.260.0%-$0.12+33.3%$0.03$0.30+172.7%-$0.26-36.8%
Diluted Shares (Avg)N/A190M191M186M+9.0%N/A187M175M+3.2%170M+1.8%

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. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

SLQT quarterly balance sheet
MetricQ4'2610-KQ3'2610-QQ2'2610-QQ1'2610-QQ4'2510-KQ3'2510-QQ2'2510-QQ1'2510-Q
Total Assets$1.3B+3.0%$1.3B+3.0%$1.4B+5.7%$1.2B+5.2%$1.2B+4.6%$1.3B+4.1%$1.3B+3.5%$1.1B-2.0%
Current Assets$350.9M+2.9%$367.2M+1.9%$424.8M+14.1%$332.0M+8.2%$341.0M+2.4%$360.2M-6.2%$372.4M-4.0%$306.9M-10.0%
Cash & Equivalents$16.0M-50.5%$29.8M-62.8%$18.3M+150.5%$10.7M+2.9%$32.4M-24.1%$80.1M+111.9%$7.3M-32.6%$10.4M-78.5%
Short-Term Investments$0$0$0$0$0$0$0$0
Long-Term Investments$0$0$0$0$0$0$0$0
Goodwill$29.4M0.0%$29.4M0.0%$29.4M0.0%$29.4M0.0%$29.4M0.0%$29.4M+1.0%$29.4M+1.0%$29.4M+1.0%
Total Liabilities$935.0M+38.8%$950.0M+28.7%$732.6M-23.1%$901.9M+2.8%$673.8M-23.2%$738.0M-17.8%$953.2M+6.0%$877.4M+2.8%
Current Liabilities$192.6M-9.5%$231.1M+19.3%$234.8M+20.8%$215.7M+29.4%$212.9M+22.0%$193.7M+2.0%$194.4M+5.7%$166.7M+21.9%
Non-Current Liabilities$742.4M+61.1%$718.9M+32.1%$497.8M-34.4%$686.2M-3.4%$460.9M-34.4%$544.3M-23.2%$758.8M+6.1%$710.7M-0.8%
Long-Term Debt$348.2M+10.0%$353.3M-2.5%$385.7M-43.6%$324.8M-49.0%$316.6M-50.3%$362.5M-44.1%$684.3M+5.1%$637.2M-3.6%
Total Equity$351.8M+0.2%$384.7M+9.9%$359.7M+10.3%$305.1M+13.2%$351.1M+10.8%$350.2M+1.0%$326.0M-3.1%$269.4M-14.9%
Retained Earnings-$160.0M+28.0%-$143.2M+39.1%-$183.4M+29.8%-$252.6M+19.6%-$222.2M+17.6%-$235.1M+1.5%-$261.1M-5.6%-$314.3M-17.9%

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. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

SLQT quarterly cash flow statement
MetricQ4'2610-KQ3'2610-QQ2'2610-QQ1'2610-QQ4'2510-KQ3'2510-QQ2'2510-QQ1'2510-Q
Operating Cash Flow-$3.3M+91.1%$56.8M-20.2%$52K+100.2%-$21.6M-30.2%-$37.5M-287.5%$71.1M+59.9%-$28.7M-12.2%-$16.6M+29.8%
Depreciation & Amortization$4.5M-8.1%$4.4M-11.0%$4.3M-14.6%$4.3M-23.2%$4.9M-23.9%$4.9M-26.5%$5.1M-14.2%$5.6M-6.5%
Stock-Based CompensationN/A$3.7M-25.8%$3.5M-26.0%$4.3M+12.5%N/A$5.0M+41.1%$4.7M+22.9%$3.8M+21.1%
Capital Expenditures$1.2M+136.1%$947K-0.2%$1.1M+263.9%$1.1M+139.4%$501K+86.9%$949K-9.8%$299K-79.3%$442K-28.2%
Free Cash Flow-$4.5M+88.1%$55.8M-20.4%-$1.0M+96.4%-$22.7M-33.0%-$38.0M-292.5%$70.2M+61.6%-$29.0M-7.3%-$17.1M+29.8%
Investing Cash Flow-$4.6M-46.7%-$4.0M-17.7%-$3.6M-60.5%-$4.0M-54.8%-$3.1M+47.4%-$3.4M-3.8%-$2.3M+35.9%-$2.6M-20.0%
Financing Cash Flow-$6.7M+21.8%-$39.9M-926.9%$11.2M-67.1%$4.2M+132.5%-$8.6M+6.9%$4.8M+133.8%$34.2M+500.8%-$13.1M-47.5%

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. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

SLQT quarterly financial ratios
MetricQ4'2610-KQ3'2610-QQ2'2610-QQ1'2610-QQ4'2510-KQ3'2510-QQ2'2510-QQ1'2510-Q
Gross Margin49.8%+2.6pp60.3%0.0pp61.8%-5.7pp41.4%-14.3pp47.2%-13.6pp60.2%-11.5pp67.5%-9.2pp55.7%-8.2pp
Operating Margin1.1%+4.7pp8.3%+2.9pp14.0%-0.7pp-12.4%-8.3pp-3.6%-3.2pp5.4%-3.4pp14.8%+1.1pp-4.1%+5.5pp
Net Margin-5.2%-9.0pp9.3%+2.9pp12.9%+1.8pp-9.3%+6.0pp3.7%+13.8pp6.4%+4.1pp11.1%+6.3pp-15.2%-1.9pp
Return on Equity-4.8%-8.4pp10.4%+3.0pp19.3%+2.9pp-10.0%+6.6pp3.7%+13.5pp7.4%+5.0pp16.3%+10.6pp-16.5%-6.7pp
Return on Assets-1.3%-2.3pp3.0%+1.0pp5.1%+1.0pp-2.5%+1.4pp1.0%+3.6pp2.0%+1.3pp4.2%+2.6pp-3.9%-1.2pp
Current Ratio1.82+0.2x1.59-0.3x1.81-0.1x1.54-0.3x1.60-0.3x1.86-0.2x1.92-0.2x1.84-0.7x
Debt-to-Equity0.99+0.1x0.92-0.1x1.07-1.0x1.06-1.3x0.90-1.1x1.04-0.8x2.10+0.2x2.36+0.3x
Asset Turnover0.250.0x0.320.0x0.400.0x0.270.0x0.280.0x0.320.0x0.380.0x0.25+0.1x
FCF Margin-1.4%+9.6pp13.0%-4.2pp-0.2%+5.8pp-6.9%-1.1pp-11.0%-17.4pp17.2%+5.6pp-6.0%+0.6pp-5.8%+4.6pp

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company Fiscal year Revenue Net income Net margin Market cap Health score
SelectQuote, Inc. SLQT FY2026 $1.6B $62.2M 3.8% $64.2M —
TWFG, Inc. TWFG FY2025 $248.5M $41.2M 16.6% $318.9M 10/100
Crawford & Company CRD-B FY2025 $1.3B $19.7M 1.5% $465.6M —
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XChange TEC.INC XHG FY2025 $51.3M -$105.1M N/A $117.5M 1/100
GoHealth, Inc. GOCO FY2025 $361.8M -$257.1M -71.1% $5.1M 10/100

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) trades at 1.0x earnings, its market capitalization divided by net income of $62.2M net income, FY2026. The market capitalization is $64.2M as of Oct 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

SelectQuote, Inc. (SLQT) trades at 0.0x sales, its market capitalization divided by revenue of $1.6B revenue, FY2026. The market capitalization is $64.2M as of Oct 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

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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