SelectQuote (SLQT) Gross Margin (2019 - 2026)

SelectQuote (SLQT) reported Gross Margin of 80.68% for Q1 2026, up 13.0% on a YoY basis from 71.4% in Q1 2025, and up 30.55% quarter-over-quarter from 61.8% in Q4 2025.

SelectQuote (SLQT) Gross Margin (2019 - 2026) Analysis & Trends

SelectQuote has reported Gross Margin for 8 years, with the latest figure at 80.68% in Q1 2026.

  • For the quarter ending Q1 2026, Gross Margin rose 13.0% year-over-year to 80.68%; the trailing twelve-month figure through Mar 2026 stood at 79.39% (up 195.0% YoY), and the FY2025 full-year result was 80.01%, up 413.0% from the prior year.
  • Gross Margin for Q1 2026 stood at 80.68%, up from 61.8% in the prior quarter.
  • The five-year high for Gross Margin was 141.41% in Q2 2025, with the low at 41.37% in Q3 2025.
  • Historically, Gross Margin has averaged 76.08% across 5 years, with a median of 73.55% in 2023.
  • The largest YoY upside for Gross Margin was 1942691 bps in 2022 against a maximum downside of 16291 bps in 2022.
  • SelectQuote's Gross Margin stood at 71.34% in 2022, then increased by 8 bps to 76.77% in 2023, then dropped by 12 bps to 67.53% in 2024, then slipped by 8 bps to 61.8% in 2025, then jumped by 31 bps to 80.68% in 2026.
  • The last three Gross Margin figures came in at 80.68% (Q1 2026), 61.8% (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 Marsh & Mclennan Companies 79.42 Bn 67.92 Bn 5.88 Bn 77.45%
2 Aon 69.98 Bn 68.59 Bn - -
3 Arthur J. Gallagher 55.55 Bn 54.17 Bn - -
4 Willis Towers Watson 24.71 Bn 22.93 Bn 1.98 Bn 83.71%
5 Brown & Brown 19.80 Bn 18.82 Bn 1.61 Bn 84.80%
6 XChange TEC.INC 6.75 Bn 6.75 Bn - -
7 Neptune Insurance Holdings 4.00 Bn 3.99 Bn - -
8 Corvel 2.98 Bn 2.64 Bn 54.92 Mn 23.31%
9 Accelerant Holdings 2.93 Bn 1.42 Bn 48.00 Mn 36.98%
10 SelectQuote 187.90 Mn 152.69 Mn 347.67 Mn 80.68%

Historic Data

Download Data
DateValue
Mar 31, 2026 80.68%
Dec 31, 2025 61.80%
Sep 30, 2025 41.37%
Jun 30, 2025 141.41%
Mar 31, 2025 80.54%
Dec 31, 2024 67.53%
Sep 30, 2024 77.51%
Jun 30, 2024 88.79%
Mar 31, 2024 71.79%
Dec 31, 2023 76.77%
Sep 30, 2023 68.84%
Jun 30, 2023 104.45%
Mar 31, 2023 73.55%
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 -2,183.97%
Jun 30, 2021 211.21%