Filing Flows › Franklin Covey (FC) › Q2 FY26
Franklin Covey (FC) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed Apr 8, 2026
Franklin Covey (FC) reported revenue of $59.6M for the second quarter fiscal 2026 (Q2 FY26), +0.1% from a year earlier and -7% from the quarter before. Operating margin was -3.4%, net loss $2.0M (3.3% of revenue).
Franklin Covey, Q2 FY26: revenue $59.6M (+0.1% year over year), operating margin -3.4%, net loss $2.0M, operating cash flow $16.3M. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $59.6M | -7% | +0.1% |
| Operating profit | −$2.0M | — | — |
| Net earnings | −$2.0M | — | — |
| Operating cash flow | $16.3M | 166× | — |
| Free cash flow | $15.2M | — | — |
What changed
Revenue was $59.6M in Q2 FY26, roughly flat year over year and down 7% from the previous quarter. Contracted Revenue was the largest line at 61% of revenue. Contracted Revenue added $1.0M year over year (up 3%), 2866% of the total change. Royalties declined 3%.
Gross margin was 75.9%, down 0.8 points from Q2 FY25. Operating costs exceeded revenue by $2.0M, an operating margin of -3.4%. Operating expenses grew 0% against flat revenue. The fastest-growing cost line was Other operating costs (+79%). The quarter ended with a net loss of $2.0M, narrower than the previous quarter's $3.3M loss.
Operating cash flow was $16.3M. Non-cash charges added back $1.1M of depreciation and $2.7M of share-based compensation. Working capital and other items added $14.4M. Capital expenditures of $1.0M left free cash flow of $15.2M.
Questions
What was Franklin Covey's revenue in the second quarter fiscal 2026?
Franklin Covey (FC) reported revenue of $59.6M for the second quarter fiscal 2026 (Q2 FY26), +0.1% from a year earlier and -7% from the quarter before.
Was Franklin Covey profitable in the second quarter fiscal 2026?
Operating loss was $2.0M (-3.4% of revenue) and net loss $2.0M.
Source: Franklin Covey 10-Q on SEC EDGAR.