SelectQuote (SLQT) Cost of Revenue (2019 - 2026)
SelectQuote's (SLQT) quarterly Cost of Revenue came in at $171.3 million in Q1 2026, up 115.7% YoY from $79.4 million in Q1 2025, and up 66.25% on a QoQ basis from $103.0 million in Q4 2025.
SelectQuote (SLQT) Cost of Revenue (2019 - 2026) Analysis & Trends
SelectQuote (SLQT) has 8 years of Cost of Revenue data on file, last reported at $171.3 million in 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 rose to $171.3 million in Q1 2026, from $103.0 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $192.8 million in Q3 2025 to a low of -$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 plunged 218.45%.
- Tracing SLQT's Cost of Revenue over 5 years: stood at $91.5 million in 2022, then rose by 2.95% to $94.2 million in 2023, then increased by 7.39% to $101.1 million in 2024, then rose by 1.87% to $103.0 million in 2025, then surged by 66.25% to $171.3 million in 2026.
- The last three Cost of Revenue figures came in at $171.3 million (Q1 2026), $103.0 million (Q4 2025), and $192.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | XChange TEC.INC | 265.99 Bn | 265.99 Bn | - | - |
| 2 | Marsh & Mclennan Companies | 92.14 Bn | 79.94 Bn | 6.04 Bn | 1.36 Bn |
| 3 | Aon | 75.64 Bn | 74.37 Bn | - | - |
| 4 | Arthur J. Gallagher | 67.55 Bn | 66.16 Bn | - | - |
| 5 | Willis Towers Watson | 32.13 Bn | 30.47 Bn | 2.09 Bn | 380.00 Mn |
| 6 | Brown & Brown | 23.98 Bn | 23.06 Bn | 1.41 Bn | 271.00 Mn |
| 7 | Erie Indemnity | 12.29 Bn | 11.94 Bn | - | - |
| 8 | Neptune Insurance Holdings | 4.61 Bn | 4.59 Bn | - | - |
| 9 | Accelerant Holdings | 4.28 Bn | 2.62 Bn | 285.20 Mn | 71.70 Mn |
| 10 | SelectQuote | 156.77 Mn | 121.56 Mn | 259.64 Mn | 171.29 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |