What is SelectQuote's capitalized software licenses?

SelectQuote (SLQT) reported capitalized software licenses of $16.95M in Q1 2026.

How has SelectQuote's capitalized software licenses changed year-over-year?

SelectQuote's capitalized software licenses increased by 17.5% year-over-year, from $14.43M to $16.95M.

What is the long-term trend for SelectQuote's capitalized software licenses?

Over 4 years (2021 to 2025), SelectQuote's capitalized software licenses has grown at a 4.5% compound annual growth rate (CAGR), from $12.61M to $15.06M.

SelectQuote SLQT Capitalized software licenses

Capitalized software licenses at other companies

PhreesiaPHR

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ExlService HoldingsEXLS

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Health CatalystHCAT

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Other financials

Income statement

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Revenue$430.9M+5.6%

Gross profit$259.6M+5.6%

Operating income$35.9M+62.9%

Net income$40.2M+54.5%

EPS (diluted)$0.11+267%

Balance sheet

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Cash & equivalents$35.2M-59.2%

Total debt$404.8M-4.5%

Total equity$384.7M+9.9%

Total assets$1.3B+3.0%

Cash flow

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Operating cash flow$56.8M-20.2%

CapEx$947.0K-0.2%

Free cash flow$55.8M-20.4%

Valuation

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Market cap$139.42M-65.1%

Enterprise value$509.04M-34.8%

P/E1.5×-6.9×

P/S0.1×-0.2×

Profitability

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Gross margin54.2%-7.6pp

Operating margin5.4%—

Net margin5.6%+5.3pp

FCF margin-0.4%-3.3pp

Returns & leverage

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Return on equity25%+23.9pp

Debt / equity1.1×-0.2×

Current ratio1.6×-0.3×

Where this comes from

Reported directly by SelectQuote in its filing.

Tagged under the XBRL concept us-gaap:CapitalizedComputerSoftwareNet.

The official record: SelectQuote’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is SelectQuote's capitalized software licenses?: SelectQuote (SLQT) reported capitalized software licenses of $16.95M in Q1 2026.
How has SelectQuote's capitalized software licenses changed year-over-year?: SelectQuote's capitalized software licenses increased by 17.5% year-over-year, from $14.43M to $16.95M.
What is the long-term trend for SelectQuote's capitalized software licenses?: Over 4 years (2021 to 2025), SelectQuote's capitalized software licenses has grown at a 4.5% compound annual growth rate (CAGR), from $12.61M to $15.06M.