SelectQuote (SLQT) Cost of Revenue (2019 - 2026)

SelectQuote (SLQT) posted Cost of Revenue of $171.3 million for Q1 2026, up 66.25% on a QoQ basis from $103.0 million in Q4 2025, and up 115.7% year-over-year from $79.4 million in Q1 2025.

SelectQuote (SLQT) Cost of Revenue (2019 - 2026) Analysis & Trends

SelectQuote's Cost of Revenue history runs 8 years deep, the most recent figure standing at $171.3 million for Q1 2026.

  • Quarterly Cost of Revenue rose 115.7% year-over-year to $171.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $324.2 million (down 24.73% YoY) and the FY2025 annual result came in at $305.1 million, down 24.66% from the prior year.
  • Cost of Revenue was $171.3 million for Q1 2026 at SelectQuote, up from $103.0 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $192.8 million in Q3 2025 and bottomed at -$142.9 million in Q2 2025.
  • A 5-year average of $80.7 million and a median of $91.5 million in 2022 frame the typical range for Cost of Revenue.
  • Annual changes were most pronounced in 2024 — Cost of Revenue soared 1323.07% — and 2025, when it tumbled 218.45%.
  • SelectQuote's Cost of Revenue stood at $91.5 million in 2022, then advanced by 2.95% to $94.2 million in 2023, then gained by 7.39% to $101.1 million in 2024, then advanced by 1.87% to $103.0 million in 2025, then jumped by 66.25% to $171.3 million in 2026.
  • Business Quant data shows SLQT's Cost of Revenue at $171.3 million in Q1 2026, $103.0 million in Q4 2025, and $192.8 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 XChange TEC.INC 120,003.58 Bn 120,003.57 Bn - -
2 Marsh & Mclennan Companies 87.96 Bn 75.75 Bn 6.04 Bn 1.36 Bn
3 Aon 78.60 Bn 77.19 Bn - -
4 Arthur J. Gallagher 65.15 Bn 63.73 Bn - -
5 Willis Towers Watson 28.74 Bn 26.89 Bn 1.98 Bn 385.00 Mn
6 Brown & Brown 23.32 Bn 22.32 Bn 1.61 Bn 289.00 Mn
7 Neptune Insurance Holdings 4.24 Bn 4.23 Bn 26.44 Mn 11.35 Mn
8 Accelerant Holdings 3.26 Bn 1.72 Bn 48.00 Mn 81.80 Mn
9 Corvel 3.10 Bn 2.76 Bn 54.92 Mn 180.71 Mn
10 SelectQuote 137.79 Mn 102.58 Mn 259.64 Mn 171.29 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 171.29 Mn
Mar 31, 2026 171.29 Mn
Dec 31, 2025 103.03 Mn
Dec 31, 2025 103.03 Mn
Sep 30, 2025 192.78 Mn
Sep 30, 2025 192.78 Mn
Jun 30, 2025 -142.90 Mn
Jun 30, 2025 -142.90 Mn
Mar 31, 2025 79.41 Mn
Mar 31, 2025 79.41 Mn
Dec 31, 2024 101.14 Mn
Dec 31, 2024 101.14 Mn
Sep 30, 2024 129.52 Mn
Sep 30, 2024 129.52 Mn
Jun 30, 2024 120.64 Mn
Jun 30, 2024 120.64 Mn
Mar 31, 2024 84.32 Mn
Mar 31, 2024 84.32 Mn
Dec 31, 2023 94.18 Mn
Dec 31, 2023 94.18 Mn