---
title: "Why SelectQuote Stock Got Slammed Today"
description: "SelectQuote's stock fell 12% after the release of its fiscal Q3 2025 results, despite revenue growth to over $408 million. The company reported a net income of $26 million, missing analyst expectation"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/239919131.md"
published_at: "2025-05-12T22:52:22.000Z"
---

# Why SelectQuote Stock Got Slammed Today

> SelectQuote's stock fell 12% after the release of its fiscal Q3 2025 results, despite revenue growth to over $408 million. The company reported a net income of $26 million, missing analyst expectations of $0.04 per share. Concerns arose from the lack of detail regarding allegations from the Department of Justice about accepting illegal kickbacks, although SelectQuote maintains its disagreement with these claims and plans to defend itself.

Veteran health insurance broker **SelectQuote** (SLQT -12.17%) wasn't quite looking like the wave of the future on Monday. The company's shares took a 12% hit on the day, following management's release of the latest set of quarterly figures. That was in rather sharp contrast to the overall stock market, where the benchmark **S&P 500** index rose by a relatively steep 3.3%.

## Healthy growth, but a bottom-line miss

For its fiscal third quarter of 2025, SelectQuote reaped just over $408 million in total revenue, up from the more than $376 million it earned in the same period of fiscal 2024. Generally accepted accounting principles (GAAP) net income came in at over $26 million ($0.03 per share), more than triple the under-$8.6 million profit of the year-ago period.

Image source: Getty Images.

Although those increases were nothing to sneeze at, the company missed on the bottom line, if only slightly. On average, analysts tracking SelectQuote stock were modeling $0.04 per share net income. The company did beat on revenue, however, as the average pundit estimate was a bit over $402 million.

In its earnings release, SelectQuote quoted CEO Tim Danker as saying that "SelectQuote's agent-led model paired with our technology-enabled information advantage made our platform more valuable than ever to participants in the healthcare ecosystem."

## Troubling accusations

However, investors might have been more concerned with what SelectQuote and its management team *didn't* say. In the earnings release, it didn't further address allegations brought by the government's Department of Justice (DoJ) in a complaint that the company -- along with peer health insurance brokers -- accepted illegal "kickback" payments by top insurers.

That, despite the fact that SelectQuote issued a press release Friday saying that it "strongly disagrees" with the allegations. It also vowed to defend itself against the DoJ's accusations, predicting a positive outcome for it in the case.

### Related Stocks

- [SLQT.US - Selectquote](https://longbridge.com/en/quote/SLQT.US.md)

## Related News & Research

| Title | Description | URL |
|-------|-------------|-----|
| SelectQuote Q2 net income rises to USD 69.3 million, up 30% | SelectQuote Inc. reported a 30% increase in net income to USD 69.3 million for Q2 of fiscal year 2026, with consolidated | [Link](https://longbridge.com/en/news/274968100.md) |
| SelectQuote, Inc. SEC 10-Q Report | SelectQuote, Inc. has released its latest Form 10-Q report, showing strong financial performance with total revenue of $ | [Link](https://longbridge.com/en/news/274988785.md) |
| Tempus AI EVP Erik Phelps Sells Shares | Erik Phelps, EVP and Chief Admin. Officer of Tempus AI, sold 9,464 shares of Class A Common Stock on February 19, 2026,  | [Link](https://longbridge.com/en/news/276495655.md) |
| Annette Franqui Purchases 1,540 Shares of OFG Bancorp (NYSE:OFG) Stock | OFG Bancorp Director Annette Franqui purchased 1,540 shares of the company's stock at $42.06 per share, totaling $64,772 | [Link](https://longbridge.com/en/news/276494822.md) |
| ConocoPhillips considers selling Permian assets worth $2 billion, Bloomberg News reports | Feb 20 (Reuters) - ConocoPhillipsis exploring a sale of some of its Permian Basin assets as part of a broader streamlini | [Link](https://longbridge.com/en/news/276478732.md) |

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.