earnings
confidence high
sentiment neutral
materiality 0.80
SelectQuote Q2 revenue $537M, net income $69.3M; cuts FY guidance on carrier, PBM headwinds
SelectQuote, Inc.
2026-Q2 EPS reported
$0.01
revenue$865,913,000
- Revenue $537.1M vs $481.1M YoY; net income $69.3M vs $53.2M; Adj. EBITDA $84.7M vs $87.5M.
- Senior segment revenue $261.5M with Adj. EBITDA $102.5M; Medicare Advantage policies 257,279.
- Healthcare Services revenue $230.7M (Adj. EBITDA $0.8M); SelectRx members 113,483. Life revenue $43.6M (Adj. EBITDA $5.6M).
- FY2026 guidance: Revenue $1.61-1.71B; Adj. EBITDA $90-100M, reflecting carrier MA volume constraints and PBM reimbursement changes.
- CEO cites strong agent productivity and marketing efficiency despite external headwinds; balance sheet flexibility noted.