SelectQuote (SLQT) Gross Margin (2019 - 2026)
SelectQuote (SLQT) posted Gross Margin of 60.25% for Q1 2026, down 25.45% on a QoQ basis from 80.82% in Q4 2025, and down 2029.0% year-over-year from 3.12% in Q1 2025.
SelectQuote (SLQT) Gross Margin (2019 - 2026) Analysis & Trends
SelectQuote's Gross Margin history runs 8 years deep, the most recent figure standing at 60.25% for 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 was 60.25% for Q1 2026 at SelectQuote, down from 80.82% in the prior quarter.
- Across five years, Gross Margin topped out at 141.41% in Q2 2025 and bottomed at 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 slumped 4372 bps.
- SelectQuote's Gross Margin stood at 71.34% in 2022, then gained by 8 bps to 76.77% in 2023, then gained by 3 bps to 78.98% in 2024, then gained by 2 bps to 80.82% in 2025, then retreated by 25 bps to 60.25% in 2026.
- Business Quant data shows SLQT's Gross Margin at 60.25% in Q1 2026, 80.82% in Q4 2025, and 41.37% in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marsh & Mclennan Companies | 84.27 Bn | 72.32 Bn | 6.04 Bn | 81.58% |
| 2 | Aon | 75.99 Bn | 74.60 Bn | - | - |
| 3 | Arthur J. Gallagher | 62.23 Bn | 60.85 Bn | - | - |
| 4 | Willis Towers Watson | 27.24 Bn | 25.46 Bn | 1.98 Bn | 83.71% |
| 5 | Brown & Brown | 23.60 Bn | 22.62 Bn | 1.61 Bn | 84.80% |
| 6 | Neptune Insurance Holdings | 4.12 Bn | 4.11 Bn | 26.44 Mn | 69.96% |
| 7 | Accelerant Holdings | 3.06 Bn | 1.55 Bn | 48.00 Mn | 36.98% |
| 8 | Corvel | 3.03 Bn | 2.68 Bn | 54.92 Mn | 23.31% |
| 9 | Baldwin Insurance | 2.43 Bn | 2.87 Bn | - | - |
| 10 | SelectQuote | 132.62 Mn | 97.41 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% |