SelectQuote (SLQT) Research & Development (2019 - 2026)
SelectQuote (SLQT) posted Research & Development of $9.8 million for Q1 2026, up 1.9% on a QoQ basis from $9.6 million in Q4 2025, and down 1.91% year-over-year from $10.0 million in Q1 2025.
SelectQuote (SLQT) Research & Development (2019 - 2026) Analysis & Trends
SelectQuote's Research & Development history runs 8 years deep, the most recent figure standing at $9.8 million for Q1 2026.
- Quarterly Research & Development fell 1.91% year-over-year to $9.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $38.9 million (up 1.46% YoY) and the FY2025 annual result came in at $38.7 million, up 15.38% from the prior year.
- Research & Development was $9.8 million for Q1 2026 at SelectQuote, up from $9.6 million in the prior quarter.
- Across five years, Research & Development topped out at $10.0 million in Q4 2024 and bottomed at $6.1 million in Q2 2022.
- A 5-year average of $8.2 million and a median of $8.6 million in 2024 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2024 — Research & Development jumped 33.73% — and 2025, when it retreated 4.47%.
- SelectQuote's Research & Development stood at $6.2 million in 2022, then gained by 28.9% to $8.0 million in 2023, then gained by 24.77% to $10.0 million in 2024, then slipped by 4.47% to $9.6 million in 2025, then grew by 1.9% to $9.8 million in 2026.
- Business Quant data shows SLQT's Research & Development at $9.8 million in Q1 2026, $9.6 million in Q4 2025, and $9.9 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Marsh & Mclennan Companies | 84.27 Bn | 72.32 Bn | 6.04 Bn | - |
| 2 | Aon | 75.99 Bn | 74.60 Bn | - | 144.00 Mn |
| 3 | Arthur J. Gallagher | 62.23 Bn | 60.85 Bn | - | - |
| 4 | Willis Towers Watson | 27.24 Bn | 25.46 Bn | 1.98 Bn | - |
| 5 | Brown & Brown | 23.60 Bn | 22.62 Bn | 1.61 Bn | - |
| 6 | Neptune Insurance Holdings | 4.12 Bn | 4.11 Bn | 26.44 Mn | - |
| 7 | Accelerant Holdings | 3.06 Bn | 1.55 Bn | 48.00 Mn | - |
| 8 | Corvel | 3.03 Bn | 2.68 Bn | 54.92 Mn | - |
| 9 | Baldwin Insurance | 2.43 Bn | 2.87 Bn | - | - |
| 10 | SelectQuote | 132.62 Mn | 97.41 Mn | 259.64 Mn | 9.78 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 9.78 Mn |
| Dec 31, 2025 | 9.60 Mn |
| Sep 30, 2025 | 9.91 Mn |
| Jun 30, 2025 | 9.60 Mn |
| Mar 31, 2025 | 9.97 Mn |
| Dec 31, 2024 | 10.04 Mn |
| Sep 30, 2024 | 9.07 Mn |
| Jun 30, 2024 | 9.23 Mn |
| Mar 31, 2024 | 8.60 Mn |
| Dec 31, 2023 | 8.05 Mn |
| Sep 30, 2023 | 7.64 Mn |
| Jun 30, 2023 | 7.16 Mn |
| Mar 31, 2023 | 6.43 Mn |
| Dec 31, 2022 | 6.25 Mn |
| Sep 30, 2022 | 6.18 Mn |
| Jun 30, 2022 | 6.05 Mn |
| Mar 31, 2022 | 6.44 Mn |
| Dec 31, 2021 | 6.39 Mn |
| Sep 30, 2021 | 5.85 Mn |
| Jun 30, 2021 | 5.17 Mn |