Filing Flows › SelectQuote (SLQT) › Q1 FY27
SelectQuote (SLQT) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed Nov 4, 2026
SelectQuote (SLQT) reported revenue of $280M for the first quarter fiscal 2027 (Q1 FY27), -15% from a year earlier and -13% from the quarter before. Operating margin was -10.2%, net loss $20.3M (7.3% of revenue).
SelectQuote, Q1 FY27: revenue $280M (-15% year over year), operating margin -10.2%, net loss $20.3M, operating cash flow −$17.2M. The chart follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $280M | -13% | -15% |
| Operating profit | −$28.6M | -933% | — |
| Net earnings | −$20.3M | — | — |
| Operating cash flow | −$17.2M | — | — |
What changed
Revenue was $280.0M in Q1 FY27, down 15% year over year and down 13% from the previous quarter. Pharmacy was the largest line at 66% of revenue. Pharmacy lost $34.5M year over year (down 16%), 71% of the total change.
Operating costs exceeded revenue by $28.6M, an operating margin of -10.2%. Total costs fell 16% while revenue fell 15%. The quarter ended with a net loss of $20.3M, wider than the previous quarter's $16.8M loss.
Operating cash flow was −$17.2M. Non-cash charges added back $4.5M of depreciation and amortization and $2.7M of share-based compensation. Working capital and other items used $4.1M. Capital expenditures of $658K exceeded it, leaving free cash flow of −$17.8M.
Questions
What was SelectQuote's revenue in the first quarter fiscal 2027?
SelectQuote (SLQT) reported revenue of $280M for the first quarter fiscal 2027 (Q1 FY27), -15% from a year earlier and -13% from the quarter before.
Was SelectQuote profitable in the first quarter fiscal 2027?
Operating loss was $28.6M (-10.2% of revenue) and net loss $20.3M.
Source: SelectQuote 10-Q on SEC EDGAR.