SelectQuote (SLQT) Operating Expenses (2019 - 2026)
SelectQuote's (SLQT) quarterly Operating Expenses came in at $318.2 million in Q2 2026, down 11.02% on a YoY basis from $357.6 million in Q2 2025, and down 19.44% quarter-over-quarter from $395.0 million in Q1 2026.
Analysis
SelectQuote (SLQT) Operating Expenses (2019 - 2026) Analysis & Trends
SelectQuote (SLQT) has reported Operating Expenses for 8 consecutive years, with $318.2 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses fell 11.02% year-over-year to $318.2 million; the trailing twelve-month figure through Jun 2026 stood at $1.5 billion (up 5.93% YoY), and the FY2026 full-year result was $1.5 billion, up 5.93% from the prior year.
- Operating Expenses eased to $318.2 million in Q2 2026 per SLQT's latest filing, from $395.0 million in the prior quarter.
- Across five years, Operating Expenses topped out at $461.8 million in Q4 2025 and bottomed at $202.0 million in Q3 2022.
- Historically, Operating Expenses has averaged $321.2 million across 5 years, with a median of $313.4 million in 2024.
- The widest YoY moves for Operating Expenses: up 47.9% in 2022, down 27.65% in 2022.
- Over 5 years, Operating Expenses stood at $266.2 million in 2022, then soared by 31.56% to $350.1 million in 2023, then advanced by 17.13% to $410.1 million in 2024, then gained by 12.6% to $461.8 million in 2025, then tumbled by 31.09% to $318.2 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $318.2 million, $395.0 million, and $461.8 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Marsh & Mclennan Companies | 85.32 Bn | 73.12 Bn | 6.04 Bn | 5.51 Bn |
| 2 | Aon | 65.86 Bn | 64.59 Bn | - | 3.33 Bn |
| 3 | Arthur J. Gallagher | 62.86 Bn | 61.47 Bn | - | 3.59 Bn |
| 4 | Willis Towers Watson | 29.75 Bn | 28.09 Bn | 2.09 Bn | 2.10 Bn |
| 5 | Brown & Brown | 22.15 Bn | 21.23 Bn | 1.41 Bn | 1.29 Bn |
| 6 | XChange TEC.INC | 16.54 Bn | 16.54 Bn | - | - |
| 7 | Erie Indemnity | 11.16 Bn | 10.82 Bn | - | 885.67 Mn |
| 8 | Ryan Specialty Holdings | 4.92 Bn | 4.78 Bn | - | 736.33 Mn |
| 9 | Neptune Insurance Holdings | 4.31 Bn | 4.30 Bn | - | 29.32 Mn |
| 10 | SelectQuote | 95.52 Mn | 74.80 Mn | 160.17 Mn | 318.22 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 318.22 Mn |
| 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 |