Filing Flows › Franklin Covey (FC) › Q2 FY25
Franklin Covey (FC) Q2 FY25 earnings results (second quarter fiscal 2025)
10-Q filed Apr 8, 2025
Franklin Covey (FC) reported revenue of $59.6M for the second quarter fiscal 2025 (Q2 FY25), -3% from a year earlier and -14% from the quarter before. Operating margin was -2.4%, net loss $1.1M (1.8% of revenue).
Franklin Covey, Q2 FY25: revenue $59.6M (-3% year over year), operating margin -2.4%, net loss $1.1M, operating cash flow −$1.4M. The chart follows the revenue to costs, profit and cash.
| Q2 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $59.6M | -14% | -3% |
| Operating profit | −$1.5M | — | — |
| Net earnings | −$1.1M | — | — |
| Operating cash flow | −$1.4M | — | — |
What changed
Revenue was $59.6M in Q2 FY25, down 3% year over year and down 14% from the previous quarter. Subscriptions was the largest line at 59% of revenue. Services and Products lost $1.3M year over year (down 6%), 74% of the total change.
Gross margin was 76.7%, up 0.4 points from a year earlier. Operating costs exceeded revenue by $1.5M, an operating margin of -2.4%. Operating expenses grew 4% against a revenue fall of 3%. The fastest-growing cost line was SG&A (+11%). The quarter ended with a net loss of $1.1M, after a profit of $1.2M the previous quarter.
Operating cash flow was −$1.4M. Non-cash charges added back $1.0M of depreciation and $1.3M of share-based compensation. Working capital and other items used $2.7M. Capital expenditures of $1.3M exceeded it, leaving free cash flow of −$2.6M.
Questions
What was Franklin Covey's revenue in the second quarter fiscal 2025?
Franklin Covey (FC) reported revenue of $59.6M for the second quarter fiscal 2025 (Q2 FY25), -3% from a year earlier and -14% from the quarter before.
Was Franklin Covey profitable in the second quarter fiscal 2025?
Operating loss was $1.5M (-2.4% of revenue) and net loss $1.1M.
Source: Franklin Covey 10-Q on SEC EDGAR.