SelectQuote, Inc.SLQTEarnings & Financial Report
SelectQuote is a direct-to-consumer distribution platform for selling insurance policies and healthcare services. Their insurance business earns commissions by connecting consumers with insurance carriers that provide senior health, life, automobile, and home insurance. The healthcare services business mainly consists of SelectRx, an accredited pharmacy. The company went public on May 21, 2020.
SLQT Q2 FY2026 Key Financial Metrics
Revenue
$537.1M
Gross Profit
$331.9M
Operating Profit
$75.3M
Net Profit
$69.3M
Gross Margin
61.8%
Operating Margin
14.0%
Net Margin
12.9%
YoY Growth
11.6%
EPS
$0.26
SelectQuote, Inc. Q2 FY2026 Financial Summary
SelectQuote, Inc. reported revenue of $537.1M (up 11.6% YoY) for Q2 FY2026, with a net profit of $69.3M (up 30.2% YoY) (12.9% margin). Cost of goods sold was $205.2M, operating expenses totaled $256.6M.
Key Financial Metrics
| Total Revenue | $537.1M |
|---|---|
| Net Profit | $69.3M |
| Gross Margin | 61.8% |
| Operating Margin | 14.0% |
| Report Period | Q2 FY2026 |
Revenue Breakdown
SelectQuote, Inc. Q2 FY2026 revenue of $537.1M breaks down across 7 segments, led by Healthcare Services Segment at $230.7M (42.9% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Healthcare Services Segment | $230.7M | 42.9% |
| Pharmacy | $227.2M | 42.3% |
| Other | $30.4M | 5.7% |
| Final Expense | $20.4M | 3.8% |
| Term | $18.5M | 3.4% |
| Other Senior | $6.3M | 1.2% |
| All Other Revenue | $3.9M | 0.7% |
SelectQuote, Inc. Revenue by Segment — Quarterly Trend
SelectQuote, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Healthcare Services Segment and Pharmacy) has evolved quarter over quarter.
| Segment | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 |
|---|---|---|---|---|
| Healthcare Services Segment | $230.7M | $221.4M | — | $189.6M |
| Pharmacy | $227.2M | — | — | — |
| Other | $30.4M | $8.3M | $7.8M | $20.6M |
| Final Expense | $20.4M | $21.9M | $23.4M | — |
| Term | $18.5M | $19.3M | $19.5M | — |
SelectQuote, Inc. Annual Revenue by Year
SelectQuote, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $1.5B).
SelectQuote, Inc. Quarterly Revenue & Net Profit History
SelectQuote, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q2 FY2026 | $537.1M | +11.6% | $69.3M | 12.9% |
| Q1 FY2026 | $328.8M | +12.5% | $-30.5M | -9.3% |
| Q4 FY2025 | $345.1M | +12.3% | $12.9M | 3.7% |
| Q3 FY2025 | $408.2M | +8.4% | $26.0M | 6.4% |
| Q2 FY2025 | $481.1M | +18.7% | $53.2M | 11.1% |
| Q1 FY2025 | $292.3M | +25.6% | $-44.5M | -15.2% |
| Q4 FY2024 | $307.2M | +38.5% | $-31.0M | -10.1% |
| Q3 FY2024 | $376.4M | +25.7% | $8.6M | 2.3% |
Income Statement
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $376.4M | $307.2M | $292.3M | $481.1M | $408.2M | $345.1M | $328.8M | $537.1M |
| YoY Growth | 25.7% | 38.5% | 25.6% | 18.7% | 8.4% | 12.3% | 12.5% | 11.6% |
Balance Sheet
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $1.25B | $1.19B | $1.15B | $1.28B | $1.30B | $1.25B | $1.21B | $1.35B |
| Liabilities | $898.3M | $877.1M | $877.4M | $953.2M | $738.0M | $673.8M | $660.0M | $732.6M |
| Equity | $346.8M | $316.8M | $269.4M | $326.0M | $350.2M | $351.1M | $305.1M | $359.7M |
Cash Flow
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $44.5M | $20.0M | $-16.6M | $-28.7M | $71.1M | $-37.5M | $-21.6M | $52000 |