San Diego, February 6, 2026
SelectQuote, Inc. has reported significant financial growth with total revenue of $537.1 million for the quarter ending December 31, 2025, despite facing legal hurdles. The digital insurance platform, specializing in Medicare Advantage plans, has shown resilience amidst regulatory challenges, contributing to the economic landscape of San Diego. Key insights reveal strong performance in the Senior and Healthcare Services segments, although the company faces legal scrutiny from Department of Justice intervention in a whistleblower lawsuit.
San Diego, CA
SelectQuote, Inc. Reports Strong Quarter Amid Legal Challenges
SelectQuote, Inc. (NYSE: SLQT), a prominent digital insurance platform specializing in Medicare Advantage plans, has revealed noteworthy financial and operational developments in its recently released Form 10-Q report for the quarter ending December 31, 2025. This local reflection of a broader business trend showcases the resilience and adaptability of companies within San Diego, a hub for entrepreneurial innovation.
With an unwavering determination exhibited by local businesses, including SelectQuote, the region continues to see positive economic shifts. As more companies navigate reduced red tape and seek growth, it reinforces the idea that supportive regulatory environments foster a thriving economic landscape in San Diego.
Financial Performance Highlights
- Total Revenue: $537.1 million, a significant increase from $481.1 million in the same quarter last year, primarily driven by growth in the Healthcare Services segment.
- Operating Income: $75.3 million, up from $70.9 million last year, indicating improvements in operational efficiency.
- Net Income: $69.3 million, compared to $53.2 million the previous year, reflecting robust financial performance.
- Net Income Attributable to Common Shareholders: $51.2 million, slightly down from $53.2 million last year due to accumulated dividends on preferred stock.
- Basic Net Income Per Share: $0.27, down from $0.31 in the prior year.
- Diluted Net Income Per Share: $0.26, compared to $0.30 the previous year.
Business Performance Insights
- Revenue Segments: SelectQuote’s Senior segment, including Medicare Advantage and other senior health insurance products, experienced substantial revenue growth, significantly contributed to by Medicare Advantage commissions. The Healthcare Services segment, particularly the Pharmacy division, also showed notable revenue growth amid rising demand for prescription and OTC medications.
- Geographical Performance: SelectQuote operates from multiple locations across the United States, with significant office facilities in San Diego, CA. Notably, the company’s facility in Monaca, PA, is strategically leased from an Executive Vice President, highlighting an integrated operational strategy.
- Sales Units: The increase in commissions receivable signifies a rise in policy renewals and new policy sales, particularly in Senior and Healthcare Services segments.
- Future Outlook: The company anticipates ongoing growth in its Senior segment due to upcoming Medicare enrollment periods, which are expected to enhance revenue in subsequent quarters. Additionally, SelectQuote is assessing new accounting standards which may influence future reporting and operational strategies.
Legal Context
However, the financial success is tempered by legal challenges. In May 2025, the U.S. Department of Justice intervened in a whistleblower lawsuit alleging deceptive sales practices against SelectQuote. This federal action has led to a significant drop in stock price and has resulted in a securities class-action lawsuit from investors. Those who purchased shares between September 9, 2020, and May 1, 2025, are encouraged to seek engagement before the impending October 10, 2025, deadline.
Company Overview
SelectQuote, Inc. operates a technology-enabled, direct-to-consumer distribution and engagement platform selling insurance policies and healthcare services across three segments: Senior, Healthcare Services, and Life. The company specializes in various products, including Medicare related plans and ancillary health insurance services.
Current Stock Performance
As of February 6, 2026, SelectQuote’s stock (SLQT) is priced at $1.03, reflecting a decline of $0.43 (-29.66%) from the previous close, amidst an intraday volume of over 5.5 million shares. Despite the fluctuations, the broader picture demonstrates that with strategic innovation and adaptability among businesses, there remains potential for recovery and growth within the San Diego economic landscape.
Conclusion
SelectQuote’s recent financial results highlight significant growth, particularly in the healthcare sectors vital for the aging population. Despite the ongoing legal challenges, the company’s performance illustrates the resilience of innovative businesses in San Diego. Supporting local enterprise is crucial, as these entities not only contribute to the economy but also play pivotal roles in community health and welfare.
Frequently Asked Questions (FAQ)
What is SelectQuote, Inc.?
SelectQuote, Inc. operates a technology-enabled, direct-to-consumer distribution and engagement platform that sells insurance policies and healthcare services in the United States. The company operates through three segments: Senior, Healthcare Services, and Life.
What are the key financial highlights from SelectQuote’s latest 10-Q report?
The key financial highlights include:
- Total Revenue: $537.1 million, up from $481.1 million in the same period last year, driven by growth in the Healthcare Services segment.
- Operating Income: $75.3 million, an increase from $70.9 million in the prior year, indicating improved operational efficiency.
- Net Income: $69.3 million, compared to $53.2 million in the previous year, reflecting strong financial performance.
- Net Income Attributable to Common Shareholders: $51.2 million, a slight decrease from $53.2 million last year due to accumulated dividends on preferred stock.
- Basic Net Income Per Share: $0.27, down from $0.31 in the prior year, reflecting the impact of preferred stock dividends.
- Diluted Net Income Per Share: $0.26, compared to $0.30 in the previous year, influenced by the same factors affecting basic EPS.
What legal challenges is SelectQuote currently facing?
In May 2025, the U.S. Department of Justice (DOJ) intervened in a whistleblower lawsuit alleging deceptive sales practices by SelectQuote. The federal action led to a significant drop in the company’s share price and has resulted in a securities class-action lawsuit filed on behalf of investors. The lawsuit alleges that SelectQuote misled the market about its business model and regulatory exposure. Investors who purchased SelectQuote stock between September 9, 2020, and May 1, 2025, are encouraged to contact the firm before the October 10, 2025, deadline.
What is SelectQuote’s stock performance as of February 6, 2026?
As of February 6, 2026, SelectQuote’s stock (SLQT) is trading at $1.03, reflecting a decrease of $0.43 (-29.66%) from the previous close, with an intraday volume of 5,560,960 shares. The latest open price was $1.35, and the intraday high and low were $1.44 and $0.96 respectively.
Key Features of SelectQuote, Inc.
| Feature | Description |
|---|---|
| Company Overview | Operates a technology-enabled, direct-to-consumer distribution and engagement platform selling insurance policies and healthcare services in the U.S. across three segments: Senior, Healthcare Services, and Life. |
| Financial Performance | Reported total revenue of $537.1 million, operating income of $75.3 million, and net income of $69.3 million for the quarter ending December 31, 2025. |
| Legal Challenges | Facing a securities class-action lawsuit alleging deceptive sales practices, with a deadline for investors to contact the firm before October 10, 2025. |
| Stock Performance | As of February 6, 2026, stock trading at $1.03, down $0.43 (-29.66%) from the previous close, with an intraday volume of 5,560,960 shares. |
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