SelectQuote advertising spend, FY2026

SelectQuote (SLQT) reported $258M of advertising expense for the fiscal year ended Jun 30, 2026. That is 16.0% of revenue of $1.6B. Down 2.0% from FY2025.

Ad spend, FY2026
$258M
year ended Jun 30, 2026
Change vs prior year
-2.0%
vs FY2025
Share of revenue
16.0%
of $1.6B revenue
Rank by ad spend
#187
of 336 companies

Key facts

  • Ad spend is 22% below its FY2021 level ($329M), while revenue grew 1.7x.
  • The highest year on file is FY2022 at $418M; FY2026 is 38% below it.
  • Largest increase +102.3% in FY2021; largest cut -42.0% in FY2023.
  • Ad spend has fallen 2 years in a row.
  • Ad spend is 16.0% of revenue, down from 35.4% in FY2021.
  • SelectQuote spends more on advertising than 44% of the 336 US-listed companies tracked. Its ad-to-revenue ratio is 3.1x the median of 5.2%.

Ad spend by fiscal year

$0 $200M $400M $600M FY2018 (ended 2018-06-30): $74.6M 2018 FY2019 (ended 2019-06-30): $99.9M FY2020 (ended 2020-06-30): $163M 2020 FY2021 (ended 2021-06-30): $329M FY2022 (ended 2022-06-30): $418M 2022 FY2023 (ended 2023-06-30): $243M FY2024 (ended 2024-06-30): $295M 2024 FY2025 (ended 2025-06-30): $264M FY2026 (ended 2026-06-30): $258M 2026 $258M

Ad spend as % of revenue

0% 20% 40% 60% FY2018 (ended 2018-06-30): 31.9% 2018 FY2019 (ended 2019-06-30): 29.6% FY2020 (ended 2020-06-30): 30.8% 2020 FY2021 (ended 2021-06-30): 35.4% FY2022 (ended 2022-06-30): 54.7% 2022 FY2023 (ended 2023-06-30): 24.2% FY2024 (ended 2024-06-30): 22.3% 2024 FY2025 (ended 2025-06-30): 17.3% FY2026 (ended 2026-06-30): 16.0% 2026 16.0%

History

Download CSV
Fiscal year Period end Ad spend YoY Revenue Ad / revenue Tag Filing
FY2026 Jun 30, 2026 $258M -2.0% $1.6B 16.0% AdvertisingExpense 10-K Aug 25, 2026
FY2025 Jun 30, 2025 $264M -10.5% $1.5B 17.3% AdvertisingExpense 10-K Aug 25, 2026
FY2024 Jun 30, 2024 $295M +21.5% $1.3B 22.3% AdvertisingExpense 10-K Aug 25, 2026
FY2023 Jun 30, 2023 $243M -42.0% $1B 24.2% AdvertisingExpense 10-K Aug 21, 2025
FY2022 Jun 30, 2022 $418M +26.9% $764M 54.7% AdvertisingExpense 10-K Sep 13, 2024
FY2021 Jun 30, 2021 $329M +102.3% $930M 35.4% AdvertisingExpense 10-K Sep 13, 2023
FY2020 Jun 30, 2020 $163M +63.0% $529M 30.8% AdvertisingExpense 10-K Aug 29, 2022
FY2019 Jun 30, 2019 $99.9M +33.9% $337M 29.6% AdvertisingExpense 10-K/A Feb 14, 2022
FY2018 Jun 30, 2018 $74.6M n/a $234M 31.9% AdvertisingExpense 10-K Sep 10, 2020

What the figure is

Advertising costs as disclosed in the annual report (XBRL tag AdvertisingExpense).

Compared with similar spenders

The 6 companies closest to SelectQuote in latest-year ad spend.

Rank Company Ad spend Ad / revenue YoY Fiscal year
185 Sirius XM $262M 3.1% -29.9% FY2025
186 Wingstop $262M 37.5% +12.1% FY2025
187 SelectQuote $258M 16.0% -2.0% FY2026
188 Lithia Motors $257M 0.7% +2.5% FY2025
189 Remitly Global $255M 15.6% +13.2% FY2025
190 Bath & Body Works $255M 3.5% +5.4% FY2026
191 Optimum Communications $253M 2.9% -3.9% FY2025

Full ranking of 336 companies · Biggest cuts #75 · Highest ad-to-revenue #47

Questions

How much does SelectQuote spend on advertising?

SelectQuote spent $258M on advertising in fiscal 2026, the year ended Jun 30, 2026, according to its 10-K filed Aug 25, 2026.

What percentage of revenue does SelectQuote spend on advertising?

16.0% of revenue in fiscal 2026 ($258M of $1.6B). The median across the 336 companies tracked is 5.2%.

Is SelectQuote spending more on advertising?

No. Ad spend fell 2.0% in fiscal 2026 from fiscal 2025. It has fallen 2 years in a row.

How does SelectQuote rank by advertising spend?

#187 of 336 US-listed companies with $100M or more in ad spend, ranked on each company's latest fiscal year.

What does SelectQuote's advertising figure include?

Advertising costs as disclosed in the annual report (XBRL tag AdvertisingExpense).

Source

Filing
10-K for FY2026, filed Aug 25, 2026
Accession number
0001794783-26-000057
Company
SelectQuote, Inc., CIK 1794783, SIC 6411 (Insurance Agents, Brokers & Service)
Data
SEC EDGAR XBRL company facts, retrieved Nov 4, 2026. Methodology.
Cite
SelectQuote advertising spend, FY2018-FY2026. Aleksei Trudov, io.trudov.com, from SEC EDGAR XBRL company facts (latest: 10-K filed Aug 25, 2026), retrieved Nov 4, 2026. https://io.trudov.com/company/selectquote/advertising-spend/
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CSV, all years · CSV, all 336 companies