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Side-by-side financial comparison of BOYD GAMING CORP (BYD) and SelectQuote, Inc. (SLQT). Click either name above to swap in a different company.

BOYD GAMING CORP is the larger business by last-quarter revenue ($997.4M vs $537.1M, roughly 1.9× SelectQuote, Inc.). SelectQuote, Inc. runs the higher net margin — 12.9% vs 10.5%, a 2.4% gap on every dollar of revenue. On growth, SelectQuote, Inc. posted the faster year-over-year revenue change (11.6% vs 0.6%). Over the past eight quarters, SelectQuote, Inc.'s revenue compounded faster (19.5% CAGR vs 1.5%).

Boyd Gaming Corporation is an American gambling and hospitality company based in Paradise, Nevada, US.

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.

BYD vs SLQT — Head-to-Head

Bigger by revenue
BYD
BYD
1.9× larger
BYD
$997.4M
$537.1M
SLQT
Growing faster (revenue YoY)
SLQT
SLQT
+11.1% gap
SLQT
11.6%
0.6%
BYD
Higher net margin
SLQT
SLQT
2.4% more per $
SLQT
12.9%
10.5%
BYD
Faster 2-yr revenue CAGR
SLQT
SLQT
Annualised
SLQT
19.5%
1.5%
BYD

Income Statement — Q1 FY2026 vs Q2 FY2026

Metric
BYD
BYD
SLQT
SLQT
Revenue
$997.4M
$537.1M
Net Profit
$104.3M
$69.3M
Gross Margin
61.8%
Operating Margin
16.4%
14.0%
Net Margin
10.5%
12.9%
Revenue YoY
0.6%
11.6%
Net Profit YoY
-5.9%
30.2%
EPS (diluted)
$1.37
$0.26

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.

Revenue
BYD
BYD
SLQT
SLQT
Q1 26
$997.4M
Q4 25
$1.1B
$537.1M
Q3 25
$1.0B
$328.8M
Q2 25
$1.0B
$345.1M
Q1 25
$991.6M
$408.2M
Q4 24
$1.0B
$481.1M
Q3 24
$961.2M
$292.3M
Q2 24
$967.5M
$307.2M
Net Profit
BYD
BYD
SLQT
SLQT
Q1 26
$104.3M
Q4 25
$140.4M
$69.3M
Q3 25
$1.4B
$-30.5M
Q2 25
$151.5M
$12.9M
Q1 25
$111.4M
$26.0M
Q4 24
$170.5M
$53.2M
Q3 24
$131.1M
$-44.5M
Q2 24
$139.8M
$-31.0M
Gross Margin
BYD
BYD
SLQT
SLQT
Q1 26
Q4 25
61.8%
Q3 25
41.4%
Q2 25
47.2%
Q1 25
60.2%
Q4 24
67.5%
Q3 24
55.7%
Q2 24
60.7%
Operating Margin
BYD
BYD
SLQT
SLQT
Q1 26
16.4%
Q4 25
15.7%
14.0%
Q3 25
13.9%
-12.4%
Q2 25
23.4%
-3.6%
Q1 25
20.2%
5.4%
Q4 24
25.1%
14.7%
Q3 24
22.9%
-4.1%
Q2 24
23.5%
-0.5%
Net Margin
BYD
BYD
SLQT
SLQT
Q1 26
10.5%
Q4 25
13.2%
12.9%
Q3 25
143.4%
-9.3%
Q2 25
14.6%
3.7%
Q1 25
11.2%
6.4%
Q4 24
16.4%
11.1%
Q3 24
13.6%
-15.2%
Q2 24
14.5%
-10.1%
EPS (diluted)
BYD
BYD
SLQT
SLQT
Q1 26
$1.37
Q4 25
$1.60
$0.26
Q3 25
$17.81
$-0.26
Q2 25
$1.84
$-0.06
Q1 25
$1.31
$0.03
Q4 24
$1.89
$0.30
Q3 24
$1.43
$-0.26
Q2 24
$1.47
$-0.17

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BYD
BYD
SLQT
SLQT
Cash + ST InvestmentsLiquidity on hand
$18.3M
Total DebtLower is stronger
$405.8M
Stockholders' EquityBook value
$359.7M
Total Assets
$1.4B
Debt / EquityLower = less leverage
1.13×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BYD
BYD
SLQT
SLQT
Q1 26
Q4 25
$353.4M
$18.3M
Q3 25
$319.1M
$10.7M
Q2 25
$320.1M
$32.4M
Q1 25
$311.5M
$80.1M
Q4 24
$316.7M
$7.3M
Q3 24
$286.3M
$10.4M
Q2 24
$280.8M
$42.7M
Total Debt
BYD
BYD
SLQT
SLQT
Q1 26
Q4 25
$405.8M
Q3 25
$393.1M
Q2 25
$3.6B
$385.1M
Q1 25
$3.5B
$391.5M
Q4 24
$3.2B
$711.9M
Q3 24
$3.1B
$680.4M
Q2 24
$3.0B
$683.3M
Stockholders' Equity
BYD
BYD
SLQT
SLQT
Q1 26
Q4 25
$2.6B
$359.7M
Q3 25
$2.7B
$305.1M
Q2 25
$1.4B
$351.1M
Q1 25
$1.3B
$350.2M
Q4 24
$1.6B
$326.0M
Q3 24
$1.6B
$269.4M
Q2 24
$1.7B
$316.8M
Total Assets
BYD
BYD
SLQT
SLQT
Q1 26
Q4 25
$6.6B
$1.4B
Q3 25
$6.5B
$1.2B
Q2 25
$6.6B
$1.2B
Q1 25
$6.5B
$1.3B
Q4 24
$6.4B
$1.3B
Q3 24
$6.3B
$1.1B
Q2 24
$6.3B
$1.2B
Debt / Equity
BYD
BYD
SLQT
SLQT
Q1 26
Q4 25
1.13×
Q3 25
1.29×
Q2 25
2.56×
1.10×
Q1 25
2.61×
1.12×
Q4 24
2.01×
2.18×
Q3 24
1.88×
2.53×
Q2 24
1.73×
2.16×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BYD
BYD
SLQT
SLQT
Operating Cash FlowLast quarter
$52.0K
Free Cash FlowOCF − Capex
$-1.0M
FCF MarginFCF / Revenue
-0.2%
Capex IntensityCapex / Revenue
0.2%
Cash ConversionOCF / Net Profit
0.00×
TTM Free Cash FlowTrailing 4 quarters
$8.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BYD
BYD
SLQT
SLQT
Q1 26
Q4 25
$275.3M
$52.0K
Q3 25
$240.0M
$-21.6M
Q2 25
$205.0M
$-37.5M
Q1 25
$256.4M
$71.1M
Q4 24
$262.1M
$-28.7M
Q3 24
$231.2M
$-16.6M
Q2 24
$213.1M
$20.0M
Free Cash Flow
BYD
BYD
SLQT
SLQT
Q1 26
Q4 25
$127.0M
$-1.0M
Q3 25
$94.4M
$-22.7M
Q2 25
$80.6M
$-38.0M
Q1 25
$86.5M
$70.2M
Q4 24
$150.9M
$-29.0M
Q3 24
$146.0M
$-17.1M
Q2 24
$98.7M
$19.7M
FCF Margin
BYD
BYD
SLQT
SLQT
Q1 26
Q4 25
12.0%
-0.2%
Q3 25
9.4%
-6.9%
Q2 25
7.8%
-11.0%
Q1 25
8.7%
17.2%
Q4 24
14.5%
-6.0%
Q3 24
15.2%
-5.8%
Q2 24
10.2%
6.4%
Capex Intensity
BYD
BYD
SLQT
SLQT
Q1 26
Q4 25
14.0%
0.2%
Q3 25
14.5%
0.3%
Q2 25
12.0%
0.1%
Q1 25
17.1%
0.2%
Q4 24
10.7%
0.1%
Q3 24
8.9%
0.2%
Q2 24
11.8%
0.1%
Cash Conversion
BYD
BYD
SLQT
SLQT
Q1 26
Q4 25
1.96×
0.00×
Q3 25
0.17×
Q2 25
1.35×
-2.91×
Q1 25
2.30×
2.73×
Q4 24
1.54×
-0.54×
Q3 24
1.76×
Q2 24
1.52×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BYD
BYD

Gaming$650.5M65%
Online reimbursements$135.4M14%
Food & beverage$75.8M8%
Other$63.5M6%
Room$45.9M5%
Management fee$26.2M3%

SLQT
SLQT

Healthcare Services Segment$230.7M43%
Pharmacy$227.2M42%
Other$30.4M6%
Final Expense$20.4M4%
Term$18.5M3%
Other Senior$6.3M1%
All Other Revenue$3.9M1%

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