Filing Flows › SelectQuote (SLQT) › Q3 FY26
SelectQuote (SLQT) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed May 5, 2026
SelectQuote (SLQT) reported revenue of $431M for the third quarter fiscal 2026 (Q3 FY26), +6% from a year earlier and -20% from the quarter before. Operating margin was 8.3%, net earnings $40.2M (9.3% of revenue).
SelectQuote, Q3 FY26: revenue $431M (+6% year over year), operating margin 8.3%, net earnings $40.2M, operating cash flow $56.8M. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $431M | -20% | +6% |
| Operating profit | $35.9M | -52% | +63% |
| Net earnings | $40.2M | -42% | +54% |
| Operating cash flow | $56.8M | 1,092× | -20% |
| Free cash flow | $55.8M | — | -20% |
What changed
Revenue was $430.9M in Q3 FY26, up 6% year over year and down 20% from the previous quarter. Service was the largest line at 55% of revenue. Service added $12.8M year over year (up 6%), 56% of the total change.
Operating profit was $35.9M, a 8.3% margin (up 2.9 points year over year). Of the extra revenue versus Q3 FY25, 61% reached operating profit, above the 5% margin then. Total costs grew 2% against revenue growth of 6%. Net earnings were $40.2M, up 54% year over year. The effective tax rate was 8.9%.
Operating cash flow was $56.8M (down 20% year over year), 141% of net earnings. Non-cash charges added back $4.4M of depreciation and amortization and $3.7M of share-based compensation. Working capital and other items added $8.5M. Capital expenditures of $947K left free cash flow of $55.8M.
Questions
What was SelectQuote's revenue in the third quarter fiscal 2026?
SelectQuote (SLQT) reported revenue of $431M for the third quarter fiscal 2026 (Q3 FY26), +6% from a year earlier and -20% from the quarter before.
Was SelectQuote profitable in the third quarter fiscal 2026?
Operating profit was $35.9M (8.3% of revenue) and net earnings $40.2M.
Source: SelectQuote 10-Q on SEC EDGAR.