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SelectQuote SLQT Contract With Customer Liability Increase Decrease For Contract Acquired In Business Combination

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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:ContractWithCustomerLiabilityIncreaseDecreaseForContractAcquiredInBusinessCombination.

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

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Questions, answered.

What is SelectQuote's contract with customer liability increase decrease for contract acquired in business combination?
SelectQuote (SLQT) reported contract with customer liability increase decrease for contract acquired in business combination of $11.72M in Q4 2025.
How has SelectQuote's contract with customer liability increase decrease for contract acquired in business combination changed year-over-year?
SelectQuote's contract with customer liability increase decrease for contract acquired in business combination decreased by 38.0% year-over-year, from $18.89M to $11.72M.
What does contract with customer liability increase decrease for contract acquired in business combination mean?
The net movement in contract liabilities, representing obligations to provide services for which consideration has already been received. An increase typically signals strong deferred revenue growth, while a decrease indicates the fulfillment of performance obligations and the subsequent recognition of revenue. This is a vital metric for assessing future revenue visibility and operational performance.