SelectQuote reported strong results for the third quarter of fiscal year 2025, driven by solid performance across its Senior, Healthcare Services, and Life segments. Revenue increased to $408.2 million and net income rose significantly to $26.0 million compared to the prior year.
SelectQuote, Inc. reported consolidated revenue for the second quarter of fiscal year 2025 of $481.1 million, compared to $405.4 million for the second quarter of fiscal year 2024. Consolidated net income for the second quarter of fiscal year 2025 was $53.2 million, compared to $19.4 million for the second quarter of fiscal year 2024. Consolidated Adjusted EBITDA was $87.5 million compared to $67.4 million for the second quarter of fiscal year 2024.
SelectQuote reported a net loss of $44.5 million, which is higher compared to the previous year's net loss of $31.1 million. However, the company's revenue increased to $292.3 million from $232.7 million in the same quarter of the previous year.
SelectQuote, Inc. reported a revenue of $307.2 million for Q4 2024, compared to $221.8 million in Q4 2023. The company experienced a net loss of $31.0 million, an improvement from the $47.8 million net loss in the same quarter last year. Adjusted EBITDA for the quarter was $14.4 million, a significant increase from the $(5.8) million in Q4 2023. The company's FY2024 revenue was $1.3 billion, and the net loss was $34.1 million.
SelectQuote reported consolidated revenue for the third quarter of fiscal year 2024 of $376.4 million and net income of $8.6 million. The company raised its fiscal year 2024 revenue guidance to a range of $1.25 billion to $1.3 billion and adjusted EBITDA to a range of $100 million to $110 million.
SelectQuote reported a strong second quarter with revenue of $405.4 million and net income of $19.4 million. The company is raising its fiscal year 2024 guidance, expecting revenue between $1.23 billion and $1.3 billion and adjusted EBITDA between $90 million and $105 million.
SelectQuote reported a revenue of $232.7 million and a net loss of $31.1 million for the first quarter of fiscal year 2024. The company reaffirmed its full-year 2024 financial guidance, expecting revenue between $1.05 billion and $1.2 billion, and a net loss between $50 million and $22 million.
SelectQuote, Inc. reported a revenue of $221.8 million for the fourth quarter of fiscal year 2023, compared to $139.4 million for the same period in 2022. The company's net loss was $47.8 million, an improvement from the $104.7 million loss in the prior year's quarter. Adjusted EBITDA was $(5.8) million, compared to $(60.8) million in the fourth quarter of fiscal year 2022.
SelectQuote, Inc. reported a revenue of $299.4 million and a net income of $9.3 million for the third quarter of fiscal year 2023. The company's performance was driven by its strategic redesign and the continued scale of its Healthcare Services segment. They have increased guidance for fiscal year 2023.
SelectQuote reported a strong second quarter with revenue of $319.2 million and net income of $22.5 million. The company's strategic redesign to prioritize profitability and cash efficiency drove improved results across the organization. The annual enrollment period was strong, and SelectQuote raised the low end of its guided ranges for fiscal year 2023.
SelectQuote reported a revenue of $162.5 million and a net loss of $42.5 million for the first quarter of fiscal year 2023. The company reaffirmed its full-year 2023 financial guidance ranges.
SelectQuote, Inc. reported a consolidated revenue of $139.4 million for the fourth quarter of fiscal year 2022, compared to $185.3 million for the same period in 2021. The consolidated net loss was $104.7 million, a significant change from the net income of $0.8 million in the fourth quarter of fiscal year 2021. Adjusted EBITDA was $(60.8) million, compared to $18.1 million in the prior year. Excluding a $48.3 million cohort/tail adjustment, revenue would have been $187.7 million and Adjusted EBITDA $(12.5) million.
SelectQuote, Inc. reported consolidated revenue for the third quarter of fiscal year 2022 of $275.1 million, a net loss of $6.4 million, and an Adjusted EBITDA of $13.0 million.
SelectQuote, Inc. reported a decrease in revenue and a net loss for the second quarter of fiscal year 2022. The company faced challenges in its Senior segment, leading to lower close rates and a significant cohort/tail adjustment. Despite the disappointing performance, SelectQuote is committed to its Senior distribution business and is focusing on driving efficiencies and reducing earnings volatility.
SelectQuote's Q1 2022 revenue increased by 29% year-over-year to $159.9 million. The company reported a net loss of $45.4 million and an adjusted EBITDA of $(44.0) million. The full-year guidance remains unchanged.
SelectQuote, Inc. reported consolidated revenue for the fourth quarter of fiscal year 2021 of $188.4 million, a 33% increase year-over-year. Consolidated net income for the fourth quarter of fiscal year 2021 was $3.3 million, a $16.7 million decrease year-over-year. Finally, consolidated Adjusted EBITDA for the fourth quarter of fiscal year 2021 was $21.3 million, a 47% decrease year-over-year.