v3.26.3
SEGMENT INFORMATION (Tables)
 3 Months Ended
Sep. 30, 2026
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
The following tables present information about the reportable segments for the periods presented.

We do not report total assets by segment as our CODM does not use this information to evaluate operating segment performance. Accordingly, we do not regularly provide such information by segment to our CODM.

Three Months Ended September 30, 2026:

(in thousands)SeniorHealthcare ServicesLifeTotal
External revenue$49,206 $185,808 $42,751 $277,765 
Intersegment revenue1,600 470 48 2,118 
Total revenue from reportable segments$50,806 $186,278 $42,799 $279,883 
All other revenue (1)
2,242 
Eliminations of intersegment revenues(2,118)
Total consolidated revenue$280,007 
(1) Represents revenue from SelectQuote Auto & Home (“SQAH”), a non-reportable segment.

(in thousands)SeniorHealthcare ServicesLifeTotal
Total revenue from reportable segments
$50,806 $186,278 $42,799 $279,883 
Less:
Cost of commissions and other services revenue
(36,201)(5,620)(15,579)
Cost of goods sold - pharmacy revenue
— (153,693)— 
Marketing expense (1)
(26,387)(1,791)(19,579)
Technical development (2)
— (250)— 
Selling, general, and administrative (3)
(521)(13,693)(347)
Adjusted Segment EBITDA$(12,303)$11,231 $7,294 $6,222 
Reconciliation of total segment Adjusted EBITDA
All other Adjusted EBITDA (4)
569 
Corporate (5)
(23,799)
Share-based compensation expense(2,731)
Transaction and severance costs (6)
(3,851)
Depreciation and amortization(4,460)
Loss on disposal of property, equipment, and software, net(74)
Change in fair value of warrants12,573 
Interest expense, net(10,966)
Loss before income tax benefit$(26,517)
(1) Primarily consists of direct advertising and lead generation costs across various marketing channels.
(2) Primarily comprised of payroll and related benefits for dedicated Healthcare Services IT personnel.
(3) For Senior and Life, these costs are primarily comprised of allocations from corporate related to payroll and related benefits for administrative support functions and facilities. Within Healthcare Services, it primarily consists of payroll and related benefit costs for licensed pharmacists and pharmacy technicians performing one-time customer onboarding work for enrollments that do not actually become members.
(4) Represents adjusted EBITDA from SQAH, a non-reportable segment.
(5) Corporate is not an operating segment and consists primarily of unallocated corporate overhead costs, such as payroll and related benefits ($16.3 million), professional services ($3.7 million), and facilities ($1.1 million).
(6) These expenses primarily consist of restructuring severance expenses ($3.8 million).
Three Months Ended September 30, 2025:

(in thousands)SeniorHealthcare ServicesLifeTotal
External revenue$57,297 $221,238 $46,629 $325,164 
Intersegment revenue1,699 113 18 1,830 
Total revenue from reportable segments$58,996 $221,351 $46,647 $326,994 
All other revenue (1)
3,647 
Eliminations of intersegment revenues(1,830)
Total consolidated revenue$328,811 
(1) Represents revenue from SQAH, a non-reportable segment.

(in thousands)SeniorHealthcare ServicesLifeTotal
Total revenue from reportable segments
$58,996 $221,351 $46,647 $326,994 
Less:
Cost of commissions and other services revenue
(41,897)(6,301)(17,979)
Cost of goods sold - pharmacy revenue
— (191,398)— 
Marketing expense (1)
(37,630)(2,389)(22,760)
Technical development (2)
— (438)— 
Selling, general, and administrative (3)
(505)(13,613)(338)
Adjusted Segment EBITDA$(21,036)$7,212 $5,570 $(8,254)
Reconciliation of total segment Adjusted EBITDA
All other Adjusted EBITDA (4)
1,888 
Corporate (5)
(25,713)
Share-based compensation expense(4,327)
Transaction and severance costs (6)
(185)
Depreciation and amortization(4,300)
Change in fair value of warrants15,036 
Interest expense, net(11,808)
Loss before income tax benefit$(37,663)
(1) Primarily consists of direct advertising and lead generation costs across various marketing channels.
(2) Primarily comprised of payroll and related benefits for dedicated Healthcare Services IT personnel.
(3) For Senior and Life, these costs are primarily comprised of allocations from corporate related to payroll and related benefits for administrative support functions and facilities. Within Healthcare Services, it primarily consists of payroll and related benefit costs for licensed pharmacists and pharmacy technicians performing one-time customer onboarding work for enrollments that don’t actually become members.
(4) Represents adjusted EBITDA from SQAH, a non-reportable segment.
(5) Corporate is not an operating segment and consists primarily of unallocated corporate overhead costs, such as payroll and related benefits ($17.8 million), professional services ($4.1 million), and facilities ($1.4 million).
(6) These expenses primarily consist of financing transaction costs ($0.1 million) and non-restructuring severance expenses (less than $0.1 million).