Filing Flows › Franklin Covey (FC) › Q1 FY26
Franklin Covey (FC) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Jan 9, 2026
Franklin Covey (FC) reported revenue of $64.0M for the first quarter fiscal 2026 (Q1 FY26), -7% from a year earlier and -10% from the quarter before. Operating margin was -5.7%, net loss $3.3M (5.1% of revenue).
Franklin Covey, Q1 FY26: revenue $64.0M (-7% year over year), operating margin -5.7%, net loss $3.3M, operating cash flow $98K. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $64.0M | -10% | -7% |
| Operating profit | −$3.7M | -146% | — |
| Net earnings | −$3.3M | -175% | — |
| Operating cash flow | $98K | -99% | -99% |
What changed
Revenue was $64.0M in Q1 FY26, down 7% year over year and down 10% from the previous quarter. Contracted Revenue was the largest line at 58% of revenue. Services and Products lost $4.6M year over year (down 17%), 90% of the total change.
Gross margin was 75.5%, down 0.8 points from a year earlier. Operating costs exceeded revenue by $3.7M, an operating margin of -5.7%. Operating expenses grew 2% against a revenue fall of 7%. The fastest-growing cost line was Other operating costs (+46%). The quarter ended with a net loss of $3.3M, after a profit of $4.4M the previous quarter.
Operating cash flow was $98K (down 99% year over year). Non-cash charges added back $1.1M of depreciation and $1.4M of share-based compensation. Working capital and other items added $859K. Capital expenditures of $1.7M exceeded it, leaving free cash flow of −$1.6M.
Questions
What was Franklin Covey's revenue in the first quarter fiscal 2026?
Franklin Covey (FC) reported revenue of $64.0M for the first quarter fiscal 2026 (Q1 FY26), -7% from a year earlier and -10% from the quarter before.
Was Franklin Covey profitable in the first quarter fiscal 2026?
Operating loss was $3.7M (-5.7% of revenue) and net loss $3.3M.
Source: Franklin Covey 10-Q on SEC EDGAR.