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.
Revenue for the third quarter of fiscal year 2025 was $408.2 million, an increase from $376.4 million in the prior year.
Net income for the quarter was $26.0 million, a substantial improvement from $8.6 million in the same period last year.
The Senior segment's approved Medicare Advantage policies were 168,001 for the quarter.
The Healthcare Services segment reported revenue of $189.6 million and had 105,523 SelectRx members as of March 31, 2025.
For the full fiscal year 2025, SelectQuote expects revenue in the range of $1.500 billion to $1.575 billion and net income (loss) in the range of $(1) million to $28 million. Adjusted EBITDA is anticipated to be between $115 million and $140 million.