SelectQuote (SLQT) Operating Expenses (2019 - 2026)
SelectQuote's (SLQT) quarterly Operating Expenses came in at $395.0 million in Q1 2026, up 2.31% YoY from $386.1 million in Q1 2025, and down 14.46% on a QoQ basis from $461.8 million in Q4 2025.
SelectQuote (SLQT) Operating Expenses (2019 - 2026) Analysis & Trends
SelectQuote (SLQT) has 8 years of Operating Expenses data on file, last reported at $395.0 million in Q1 2026.
- Quarterly Operating Expenses rose 2.31% year-over-year to $395.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.6 billion (up 12.41% YoY) and the FY2025 annual result came in at $1.5 billion, up 15.98% from the prior year.
- Operating Expenses eased to $395.0 million in Q1 2026, from $461.8 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $461.8 million in Q4 2025 to a low of $202.0 million in Q3 2022.
- A 5-year average of $321.4 million and a median of $308.6 million in 2024 frame the typical range for Operating Expenses.
- The widest YoY moves for Operating Expenses: up 47.9% in 2022, down 27.65% in 2022.
- Tracing SLQT's Operating Expenses over 5 years: stood at $266.2 million in 2022, then jumped by 31.56% to $350.1 million in 2023, then rose by 17.13% to $410.1 million in 2024, then increased by 12.6% to $461.8 million in 2025, then slipped by 14.46% to $395.0 million in 2026.
- The last three Operating Expenses figures came in at $395.0 million (Q1 2026), $461.8 million (Q4 2025), and $369.6 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | XChange TEC.INC | 257.89 Bn | 257.89 Bn | - | - |
| 2 | Marsh & Mclennan Companies | 92.31 Bn | 80.11 Bn | 6.04 Bn | 5.51 Bn |
| 3 | Aon | 75.65 Bn | 74.38 Bn | - | 3.33 Bn |
| 4 | Arthur J. Gallagher | 67.50 Bn | 66.12 Bn | - | 3.59 Bn |
| 5 | Willis Towers Watson | 32.25 Bn | 30.59 Bn | 2.09 Bn | 2.10 Bn |
| 6 | Brown & Brown | 24.00 Bn | 23.08 Bn | 1.41 Bn | 1.29 Bn |
| 7 | Erie Indemnity | 12.24 Bn | 11.90 Bn | - | 885.67 Mn |
| 8 | Neptune Insurance Holdings | 4.56 Bn | 4.54 Bn | - | 29.32 Mn |
| 9 | Accelerant Holdings | 4.28 Bn | 2.62 Bn | 285.20 Mn | 269.50 Mn |
| 10 | SelectQuote | 162.02 Mn | 126.81 Mn | 259.64 Mn | 395.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 395.00 Mn |
| Dec 31, 2025 | 461.79 Mn |
| Sep 30, 2025 | 369.56 Mn |
| Jun 30, 2025 | 357.63 Mn |
| Mar 31, 2025 | 386.10 Mn |
| Dec 31, 2024 | 410.13 Mn |
| Sep 30, 2024 | 304.24 Mn |
| Jun 30, 2024 | 308.60 Mn |
| Mar 31, 2024 | 343.34 Mn |
| Dec 31, 2023 | 350.14 Mn |
| Sep 30, 2023 | 255.15 Mn |
| Jun 30, 2023 | 257.44 Mn |
| Mar 31, 2023 | 265.67 Mn |
| Dec 31, 2022 | 266.16 Mn |
| Sep 30, 2022 | 202.00 Mn |
| Jun 30, 2022 | 258.07 Mn |
| Mar 31, 2022 | 272.01 Mn |
| Dec 31, 2021 | 367.89 Mn |
| Sep 30, 2021 | 212.09 Mn |
| Jun 30, 2021 | 174.49 Mn |