For the quarter ending 2026-03-31, SLQT had $12,918K increase in cash & cash equivalents over the period. $55,828K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 40,197 | 69,293 | -30,459 | 47,580 |
| Impairment of long-lived assets | - | - | - | 4,209 |
| Depreciation and amortization | 4,385 | 4,322 | 4,300 | 20,460 |
| Loss on disposal of property, equipment, and software | 0 | 0 | 0 | -240 |
| Impairment of equity-method investment | 0 | 1,000 | - | - |
| Loss on extinguishment of debt | -8,659 | - | - | - |
| Share-based compensation expense | 3,678 | 3,475 | 4,327 | 18,357 |
| Deferred income taxes | 3,120 | 13,388 | -9,168 | 1,849 |
| Amortization of debt issuance costs and debt discount | 897 | 1,262 | 1,184 | 5,247 |
| Write-off of debt issuance costs | 0 | 0 | - | 93 |
| Accrued interest payable in kind | 0 | 0 | 0 | 14,013 |
| Change in fair value of warrants | -27,489 | -19,296 | -15,036 | -59,525 |
| Non-cash lease expense | 1,037 | 1,012 | 1,021 | 3,922 |
| Bad debt expense | 0 | 0 | - | 4,203 |
| Accounts receivable, net | 106,644 | 23,161 | -46,902 | 5,555 |
| Commissions receivable | -134,248 | 113,949 | 29,001 | 69,510 |
| Other assets | -1,035 | 2,145 | -2,371 | 6,282 |
| Accounts payable and accrued expenses | -10,045 | 52,233 | 11,395 | 19,226 |
| Operating lease liabilities | -1,118 | -1,236 | -1,105 | -4,711 |
| Other liabilities | 4,815 | 13,854 | -8,354 | -5,482 |
| Net cash provided by operating activities | 56,775 | 52 | -21,623 | -11,666 |
| Proceeds from sales of property and equipment | - | - | - | 0 |
| Purchases of property and equipment | 947 | 1,088 | 1,058 | 2,191 |
| Purchases of software and capitalized software development costs | 3,005 | 2,559 | 2,926 | 9,123 |
| Acquisition of business | - | - | - | 0 |
| Net cash used in investing activities | -3,952 | -3,647 | -3,984 | -11,314 |
| Proceeds from revolving credit facility | 13,000 | 177,000 | 80,000 | - |
| Payments on revolving credit facility | 51,000 | 154,000 | 65,000 | - |
| Net proceeds from term loan | 315,234 | - | - | - |
| Payments on term loans | 304,354 | 6,073 | 3,573 | - |
| Proceeds on abs notes | 0 | 0 | - | - |
| Payments on abs notes | 4,962 | 5,511 | 4,543 | - |
| Payments on other debt | 137 | 131 | 112 | - |
| Proceeds from common stock options exercised and employee stock purchase plan | 0 | 0 | 0 | - |
| Proceeds from issuance of senior non-convertible preferred stock | 0 | - | - | - |
| Senior non-convertible preferred stock issuance costs | 0 | - | - | - |
| Payments of tax withholdings related to net share settlement of equity awards | 28 | 51 | 2,460 | - |
| Payments of debt issuance costs | 7,658 | 0 | 72 | - |
| Net cash (used in) provided by financing activities | -39,905 | 11,234 | 4,240 | 17,356 |
| Net (decrease) increase in cash, cash equivalents and restricted cash | 12,918 | 7,639 | -21,367 | -5,624 |
| Cash, cash equivalents and restricted cash beginning of period | 23,338 | 15,699 | 37,066 | - |
| Cash, cash equivalents and restricted cash end of period | 36,256 | 23,338 | 15,699 | - |
SelectQuote, Inc. (SLQT)
SelectQuote, Inc. (SLQT)