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| Date | Value |
|---|---|
| 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% |