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SelectQuote SLQT Software amortization expense

Software amortization expense at other companies

ExlService Holdings logo
ExlService HoldingsEXLS
——

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:CapitalizedComputerSoftwareAmortization1.

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 software amortization expense?
SelectQuote (SLQT) reported software amortization expense of $2.3M in Q1 2026.
How has SelectQuote's software amortization expense changed year-over-year?
SelectQuote's software amortization expense increased by 15.0% year-over-year, from $2M to $2.3M.
What is the long-term trend for SelectQuote's software amortization expense?
Over 3 years (2022 to 2025), SelectQuote's software amortization expense has grown at a 8.3% compound annual growth rate (CAGR), from $6.3M to $8M.
What does software amortization expense mean?
Represents the periodic expense recognized from the systematic allocation of capitalized software costs over their estimated useful lives. This metric reflects the ongoing consumption of the company's digital assets and impacts operating profitability.