What is SelectQuote's senior segment — negative adjustment?

SelectQuote (SLQT) reported senior segment — negative adjustment of $100K in Q4 2025.

How has SelectQuote's senior segment — negative adjustment changed year-over-year?

SelectQuote's senior segment — negative adjustment decreased by 85.7% year-over-year, from $700K to $100K.

What does senior segment — negative adjustment mean?

Reflects downward revisions to previously recognized revenue, often due to policy cancellations, clawbacks, or changes in estimated lifetime value of commissions. This metric highlights volatility in policy persistency and the accuracy of initial revenue recognition estimates.

SelectQuote SLQT Senior Segment — Negative adjustment

Similar metrics at other companies

TRUPOther Segments — Prior Year Claims and Claims Adjustment Expense

-$3.75M-182%

EQHRetirement — Revenues, Adjusted

$1.68B+15.4%

FEEliminations and reconciling adjustments — Revenue

-$17M-13.3%

PFGSegment Retirement And Income Solutions — Liability For Future Policy Benefit Remeasurement Gain Loss

-$5.3M-10.4%

BBYInternational Segment — Adjustments

$0—

AIGRetroactive reinsurance adjustment (net of discount)

$18M-48.6%

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 slqt:ContractWithCustomerAssetNegativeAdjustment.

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

Ask your AI about SelectQuote's senior segment — negative adjustment.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is SelectQuote's senior segment — negative adjustment?: SelectQuote (SLQT) reported senior segment — negative adjustment of $100K in Q4 2025.
How has SelectQuote's senior segment — negative adjustment changed year-over-year?: SelectQuote's senior segment — negative adjustment decreased by 85.7% year-over-year, from $700K to $100K.
What does senior segment — negative adjustment mean?: Reflects downward revisions to previously recognized revenue, often due to policy cancellations, clawbacks, or changes in estimated lifetime value of commissions. This metric highlights volatility in policy persistency and the accuracy of initial revenue recognition estimates.