SKIL
Skillsoft Corp.6.61
+0.94+16.6%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '26
Consumer drags TDS guide; Enterprise strong
Q&A pinpointed FY27 TDS revenue guidance's slight downtick to consumer business decline (9% of mix), while Enterprise hit inflection, offsetting gov churn headwinds with expected growth. Management detailed DRR recovery path to 105%+ via new platform traction (15 paying customers), lapped comps, and marketing push—retention already strengthened. AI engagement already monetizing modestly, scaling to multimillion contracts over 6-24 months. GK stabilized near $28M quarterly amid sale delays from Middle East turmoil. Ron dismissed competitive threats, touting integrated content-platform-data edge. Q&A largely reinforced prepared remarks. Enterprise bookings matter next.
Key Stats
Market Cap
57.89MP/E (TTM)
-Basic EPS (TTM)
-15.84Dividend Yield
0%Recent Filings
8-K
Q3 revenue down 6%; GK sale review
Skillsoft reported Q3 FY2026 revenue of $129M, down 6% year-over-year, with TDS at $101M (-2%) stabilizing via 99% LTM DRR while GK plunged 18% to $28M. Net loss widened to $41M; Adjusted EBITDA dipped to $28M (22% margin). GK's drag prompted a strategic review for potential sale. TDS guidance holds firm at $400M-$410M revenue.
10-Q
Q3 FY2026 results
Skillsoft's Q3 FY2026 revenues fell 6.0% y/y to $129.0M ended October 31, 2025, with GK down 17.6% y/y to $28.2M on public sector weakness while TDS held at $100.8M; operating loss widened to $(34.3)M from $(9.2)M y/y due to $20.8M GK goodwill impairment amid macro uncertainty and lower enrollments. Gross margin slipped to 72.7% from 75.0%. Diluted EPS of $(4.74) reconciles to 8.71M shares. Cash dropped to $74.6M with $(5.4)M YTD operating cash flow; $570.2M term debt matures mostly 2029, $45M A/R facility available. Restructuring trimmed costs. GK goodwill sits at risk.
8-K
Summers resigns from Skillsoft board
8-K
Board swaps Beg for Nikolaev
Skillsoft replaced board director Fahd Beg with MIH designee Denis Nikolaev on November 15, 2025, following Beg's resignation on November 10 amid MIH's routine refresh process—no disagreements noted. Nikolaev, a Prosus managing director with 20+ years in tech investments, brings deep internet sector expertise yet joins without committee roles or compensation. Board stays intact.
8-K
Skillsoft Q2 revenue dips 3%
Skillsoft reported Q2 fiscal 2026 revenue of $129 million, down 3% year-over-year, with Talent Development Solutions flat at $101 million but marking a fourth straight quarter of enterprise growth, while Global Knowledge dipped 10% amid economic uncertainty and soft live training demand. Adjusted EBITDA held steady at $28 million with a 22% margin, reflecting cost discipline, though free cash flow swung to negative $23 million. The company revised full-year revenue guidance to $510–$530 million but reaffirmed Adjusted EBITDA targets of $112–$118 million. Economic headwinds persist.
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