SelectQuote (SLQT) Gross Margin (2019 - 2026)
SelectQuote's (SLQT) quarterly Gross Margin came in at 49.79% in Q2 2026, up 262.0% on a YoY basis from 13.76% in Q2 2025, and down 17.35% quarter-over-quarter from 60.25% in Q1 2026.
Analysis
SelectQuote (SLQT) Gross Margin (2019 - 2026) Analysis & Trends
SelectQuote (SLQT) has reported Gross Margin for 8 consecutive years, with 49.79% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin rose 262.0% year-over-year to 49.79%; the trailing twelve-month figure through Jun 2026 stood at 54.85% (down 386.0% YoY), and the FY2026 full-year result was 54.85%, down 386.0% from the prior year.
- Gross Margin fell to 49.79% in Q2 2026 per SLQT's latest filing, from 60.25% in the prior quarter.
- Across five years, Gross Margin topped out at 75.97% in Q4 2023 and bottomed at 41.37% in Q3 2025.
- Historically, Gross Margin has averaged 61.36% across 5 years, with a median of 61.26% in 2025.
- The widest YoY moves for Gross Margin: up 4146 bps in 2022, down 1780 bps in 2022.
- Over 5 years, Gross Margin stood at 71.34% in 2022, then rose by 6 bps to 75.97% in 2023, then dropped by 11 bps to 67.53% in 2024, then declined by 8 bps to 61.8% in 2025, then retreated by 19 bps to 49.79% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 49.79%, 60.25%, and 61.8% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marsh & Mclennan Companies | 84.92 Bn | 72.71 Bn | 6.04 Bn | 81.58% |
| 2 | Aon | 65.47 Bn | 64.20 Bn | - | - |
| 3 | Arthur J. Gallagher | 62.66 Bn | 61.27 Bn | - | - |
| 4 | Willis Towers Watson | 29.66 Bn | 28.00 Bn | 2.09 Bn | 84.59% |
| 5 | Brown & Brown | 22.10 Bn | 21.18 Bn | 1.41 Bn | 83.83% |
| 6 | XChange TEC.INC | 16.54 Bn | 16.54 Bn | - | - |
| 7 | Erie Indemnity | 11.13 Bn | 10.78 Bn | - | - |
| 8 | Ryan Specialty Holdings | 4.87 Bn | 4.73 Bn | - | - |
| 9 | Neptune Insurance Holdings | 4.29 Bn | 4.27 Bn | - | - |
| 10 | SelectQuote | 96.42 Mn | 75.70 Mn | 160.17 Mn | 49.79% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 49.79% |
| Mar 31, 2026 | 60.25% |
| Dec 31, 2025 | 61.80% |
| Sep 30, 2025 | 41.37% |
| Jun 30, 2025 | 47.17% |
| Mar 31, 2025 | 60.24% |
| Dec 31, 2024 | 67.53% |
| Sep 30, 2024 | 55.68% |
| Jun 30, 2024 | 60.73% |
| Mar 31, 2024 | 71.79% |
| Dec 31, 2023 | 75.97% |
| Sep 30, 2023 | 63.90% |
| Jun 30, 2023 | 70.38% |
| Mar 31, 2023 | 73.55% |
| Dec 31, 2022 | 71.34% |
| Sep 30, 2022 | 59.90% |
| Jun 30, 2022 | 48.30% |
| Mar 31, 2022 | 64.83% |
| Dec 31, 2021 | 29.89% |
| Sep 30, 2021 | 44.39% |