SelectQuote, Inc. (SQI) Reports Q2 Earnings Decline, Revenue -$12.5M

SelectQuote, Inc. (SQI) reported Q2 earnings on February 5, 2026, showing a net loss of $12.5 million, down from $2.3 million in the same period last year. Revenue fell 18% to $41.2 million, driven by lower subscription renewals and reduced ad revenue. The company attributed the decline to economic headwinds and a shift in customer spending toward digital channels. CFO John Martinez stated, "We are implementing cost optimization and diversifying our revenue streams to stabilize the business." The stock closed at $12.45 on February 5, down 4.2% from the prior day's close.