SelectQuote (SLQT) Gross Margin (2019 - 2026)
SelectQuote's (SLQT) quarterly Gross Margin came in at 60.25% in Q1 2026, down 2029.0% YoY from 3.12% in Q1 2025, and down 25.45% on a QoQ basis from 80.82% in Q4 2025.
SelectQuote (SLQT) Gross Margin (2019 - 2026) Analysis & Trends
SelectQuote (SLQT) has 8 years of Gross Margin data on file, last reported at 60.25% in Q1 2026.
- Quarterly Gross Margin fell 2029.0% year-over-year to 60.25% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 80.26% (up 919.0% YoY) and the FY2025 annual result came in at 80.01%, up 1065.0% from the prior year.
- Gross Margin slipped to 60.25% in Q1 2026, from 80.82% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 141.41% in Q2 2025 to a low of 41.37% in Q3 2025.
- A 5-year average of 74.12% and a median of 73.93% in 2022 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2022 — Gross Margin jumped 1942691 bps — and 2024, when it tumbled 4372 bps.
- Tracing SLQT's Gross Margin over 5 years: stood at 71.34% in 2022, then increased by 8 bps to 76.77% in 2023, then increased by 3 bps to 78.98% in 2024, then increased by 2 bps to 80.82% in 2025, then declined by 25 bps to 60.25% in 2026.
- The last three Gross Margin figures came in at 60.25% (Q1 2026), 80.82% (Q4 2025), and 41.37% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | XChange TEC.INC | 279.91 Bn | 279.90 Bn | - | - |
| 2 | Marsh & Mclennan Companies | 91.40 Bn | 79.19 Bn | 6.04 Bn | 81.58% |
| 3 | Aon | 75.07 Bn | 73.80 Bn | - | - |
| 4 | Arthur J. Gallagher | 66.45 Bn | 65.07 Bn | - | - |
| 5 | Willis Towers Watson | 32.02 Bn | 30.36 Bn | 2.09 Bn | 84.59% |
| 6 | Brown & Brown | 23.72 Bn | 22.80 Bn | 1.41 Bn | 83.83% |
| 7 | Erie Indemnity | 12.11 Bn | 11.77 Bn | - | - |
| 8 | Neptune Insurance Holdings | 4.50 Bn | 4.48 Bn | - | - |
| 9 | Accelerant Holdings | 4.28 Bn | 2.62 Bn | 285.20 Mn | 79.91% |
| 10 | SelectQuote | 159.14 Mn | 123.93 Mn | 259.64 Mn | 60.25% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 60.25% |
| Dec 31, 2025 | 80.82% |
| Sep 30, 2025 | 41.37% |
| Jun 30, 2025 | 141.41% |
| Mar 31, 2025 | 80.54% |
| Dec 31, 2024 | 78.98% |
| Sep 30, 2024 | 55.68% |
| Jun 30, 2024 | 60.73% |
| Mar 31, 2024 | 77.60% |
| Dec 31, 2023 | 76.77% |
| Sep 30, 2023 | 63.90% |
| Jun 30, 2023 | 104.45% |
| Mar 31, 2023 | 79.19% |
| Dec 31, 2022 | 71.34% |
| Sep 30, 2022 | 73.93% |
| Jun 30, 2022 | 48.30% |
| Mar 31, 2022 | 64.83% |
| Dec 31, 2021 | -19,355.57% |
| Sep 30, 2021 | -28.18% |
| Jun 30, 2021 | 66.11% |