What is SelectQuote's provision for credit losses?

SelectQuote (SLQT) reported provision for credit losses of $0 in Q1 2026.

How has SelectQuote's provision for credit losses changed year-over-year?

SelectQuote's provision for credit losses decreased by 100.0% year-over-year, from $1.05M to $0.

What does provision for credit losses mean?

Expense recognized to build or adjust allowances for expected credit losses on loans, receivables, and other financial assets, based on forward-looking CECL methodology.

SelectQuote SLQT Provision for Credit Losses

Provision for Credit Losses at other companies

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-$146K-207%

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$343K+370%

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Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow$56.8M-20.2%

CapEx$947.0K-0.2%

Free cash flow$55.8M-20.4%

Valuation

See full

Market cap$139.42M-65.1%

Enterprise value$509.04M-34.8%

P/E1.5×-6.9×

P/S0.1×-0.2×

Profitability

See full

Gross margin54.2%-7.6pp

Operating margin5.4%—

Net margin5.6%+5.3pp

FCF margin-0.4%-3.3pp

Returns & leverage

See full

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:ProvisionForLoanLeaseAndOtherLosses.

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 provision for credit losses?: SelectQuote (SLQT) reported provision for credit losses of $0 in Q1 2026.
How has SelectQuote's provision for credit losses changed year-over-year?: SelectQuote's provision for credit losses decreased by 100.0% year-over-year, from $1.05M to $0.
What does provision for credit losses mean?: Expense recognized to build or adjust allowances for expected credit losses on loans, receivables, and other financial assets, based on forward-looking CECL methodology.