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SelectQuote SLQT Contract With Customer Asset Cumulative Catch Up Adjustment To Revenue Change In Estimate Of Transaction Price

Contract With Customer Asset Cumulative Catch Up Adjustment To Revenue Change In Estimate Of Transaction Price at other companies

SelectQuote logo
SelectQuoteSLQT
$14.2M+517%
ATN International logo
ATN InternationalATNI
-$43K-157%
ATN International logo
ATN InternationalATNI
$129.75K+468%
Portland General Electric logo
Portland General ElectricPOR
$16M+500%
ATN International logo
ATN InternationalATNI
$2.14M-23.2%
Teledyne Technologies logo
Teledyne TechnologiesTDY
$8.6M+274%

Segments

By segment

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Auto & Home Segment$300K+50.0%

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:ContractWithCustomerAssetCumulativeCatchUpAdjustmentToRevenueChangeInEstimateOfTransactionPrice.

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 contract with customer asset cumulative catch up adjustment to revenue change in estimate of transaction price?
SelectQuote (SLQT) reported contract with customer asset cumulative catch up adjustment to revenue change in estimate of transaction price of $14.2M in Q1 2026.
How has SelectQuote's contract with customer asset cumulative catch up adjustment to revenue change in estimate of transaction price changed year-over-year?
SelectQuote's contract with customer asset cumulative catch up adjustment to revenue change in estimate of transaction price increased by 517.4% year-over-year, from $2.3M to $14.2M.
What does contract with customer asset cumulative catch up adjustment to revenue change in estimate of transaction price mean?
The impact on revenue resulting from changes in the estimated transaction price for long-term contracts, recognized as a cumulative adjustment. This reflects the company's ability to refine revenue projections as more information becomes available regarding policy persistency or other performance variables. It highlights the sensitivity of reported earnings to underlying contract assumptions.