SelectQuote (SLQT) Operating Expenses (2019 - 2026)

SelectQuote (SLQT) reported Operating Expenses of $395.0 million for Q1 2026, up 2.31% on a YoY basis from $386.1 million in Q1 2025, and down 14.46% quarter-over-quarter from $461.8 million in Q4 2025.

SelectQuote (SLQT) Operating Expenses (2019 - 2026) Analysis & Trends

SelectQuote has reported Operating Expenses for 8 years, with the latest figure at $395.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 2.31% year-over-year to $395.0 million; the trailing twelve-month figure through Mar 2026 stood at $1.6 billion (up 12.41% YoY), and the FY2025 full-year result was $1.5 billion, up 15.98% from the prior year.
  • Operating Expenses for Q1 2026 stood at $395.0 million, down from $461.8 million in the prior quarter.
  • The five-year high for Operating Expenses was $461.8 million in Q4 2025, with the low at $202.0 million in Q3 2022.
  • Historically, Operating Expenses has averaged $321.4 million across 5 years, with a median of $308.6 million in 2024.
  • The largest YoY upside for Operating Expenses was 47.9% in 2022 against a maximum downside of 27.65% in 2022.
  • SelectQuote's Operating Expenses 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Marsh & Mclennan Companies 79.42 Bn 67.92 Bn 5.88 Bn 5.84 Bn
2 Aon 69.98 Bn 68.59 Bn - 3.32 Bn
3 Arthur J. Gallagher 55.55 Bn 54.17 Bn - 3.72 Bn
4 Willis Towers Watson 24.71 Bn 22.93 Bn 1.98 Bn 1.96 Bn
5 Brown & Brown 19.80 Bn 18.82 Bn 1.61 Bn 17.00 Mn
6 XChange TEC.INC 6.75 Bn 6.75 Bn - -
7 Neptune Insurance Holdings 4.00 Bn 3.99 Bn - 24.35 Mn
8 Corvel 2.98 Bn 2.64 Bn 54.92 Mn 22.68 Mn
9 Accelerant Holdings 2.93 Bn 1.42 Bn 48.00 Mn 271.30 Mn
10 SelectQuote 187.90 Mn 152.69 Mn 347.67 Mn 395.00 Mn

Historic Data

Download Data
DateValue
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