Overview
* SelectQuote fiscal Q1 2026 revenue of $328.8 mln beats analyst expectations
* Net loss for fiscal Q1 2026 reduced to $30.5 mln from $44.5 mln last year
* Adjusted EBITDA for fiscal Q1 2026 was $(32.1) mln, down from $(1.7) mln last year
Outlook
* SelectQuote ( SLQT ) maintains fiscal 2026 revenue outlook of $1.65 bln to $1.75 bln
* Company expects Healthcare Services adjusted EBITDA around breakeven in fiscal Q2
* SelectQuote ( SLQT ) anticipates Healthcare Services adjusted EBITDA run rate of $40 to $50 mln by fiscal year-end
Result Drivers
* SENIOR SEGMENT CHALLENGES - Revenue and adjusted EBITDA declined due to a decrease in Medicare Advantage policies
* HEALTHCARE SERVICES GROWTH - Revenue and adjusted EBITDA increased, driven by a 24% rise in SelectRx members and higher pharmacy revenue
* LIFE SEGMENT PERFORMANCE - Revenue grew by 19% but adjusted EBITDA declined slightly
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q1 Beat $328.80 $318.99
Revenue mln mln (3
Analysts
)
Q1 Net -$30.50
Income mln
Q1 -$32.10
Adjusted mln
EBITDA
Analyst Coverage
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
* The average consensus recommendation for the multiline insurance & brokers peer group is "buy"
* Wall Street's median 12-month price target for SelectQuote Inc ( SLQT ) is $5.50, about 61.3% above its November 5 closing price of $2.13
Press Release:
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)