---
schema_version: "secwatch.filing_event.v1"
accession: "0001794783-22-000063"
form_type: "8-K"
ticker: "SLQT"
cik: "0001794783"
company_name: "SelectQuote, Inc."
filed_at: "2022-08-29T23:59:59+00:00"
generated_at: "2026-06-23T20:22:42.420405+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# SelectQuote reports Q4 net loss of $104.7M on $139.4M revenue; cuts revolver by $35M, issues weak FY2023 guidance

## Summary
- Q4 FY2022 revenue $139.4M (down 25% YoY), net loss $104.7M vs prior year net income $0.8M, adjusted EBITDA -$60.8M.
- Includes $48.3M cohort/tail adjustment; ex-adjustment revenue $187.7M, adjusted EBITDA -$12.5M.
- FY2023 guidance: revenue $850M-$950M, net loss $89M-$113M, adjusted EBITDA -$20M to $10M.
- Entered Fourth Amendment to credit facility: revolver cut from $135M to $100M, SOFR+5% drawn revolver, term loans SOFR+6% cash+2% PIK interest, plus new liquidity covenant.
- Senior segment Medicare Advantage approved policies +39% YoY, but lifetime value per policy fell 22% to $877; per-unit economics deteriorated (Adjusted EBITDA per policy -$290 vs +$498).

## SEC filing metadata
- accession: 0001794783-22-000063
- form_type: 8-K
- ticker: SLQT
- cik: 0001794783
- company_name: SelectQuote, Inc.
- filed_at: 2022-08-29T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 2.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1794783/000179478322000063/0001794783-22-000063-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1794783/000179478322000063/slqt-20220826.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001794783-22-000063
- JSON: https://secwatch.observer/filing/0001794783-22-000063.json
- Plain text: https://secwatch.observer/filing/0001794783-22-000063.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.