Filing Flows › Franklin Covey (FC) › Q3 FY25
Franklin Covey (FC) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed Jul 8, 2025
Franklin Covey (FC) reported revenue of $67.1M for the third quarter fiscal 2025 (Q3 FY25), -9% from a year earlier and +13% from the quarter before. Operating margin was -3.3%, net loss $1.4M (2.1% of revenue).
Franklin Covey, Q3 FY25: revenue $67.1M (-8% year over year), operating margin -3.3%, net loss $1.4M, operating cash flow $6.3M. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $67.1M | +13% | -9% |
| Operating profit | −$2.2M | — | — |
| Net earnings | −$1.4M | — | — |
| Operating cash flow | $6.3M | — | -23% |
| Free cash flow | $4.5M | — | -38% |
What changed
Revenue was $67.1M in Q3 FY25, down 9% year over year and up 13% from the previous quarter. Subscriptions was the largest line at 55% of revenue. Services and Products lost $6.2M year over year (down 19%), 98% of the total change.
Gross margin was 76.5%, down 0.1 points from a year earlier. Operating costs exceeded revenue by $2.2M, an operating margin of -3.3%. Operating expenses grew 12% against a revenue fall of 9%. The fastest-growing cost line was Other operating costs (+165%). The quarter ended with a net loss of $1.4M, wider than the previous quarter's $1.1M loss.
Operating cash flow was $6.3M (down 23% year over year). Non-cash charges added back $1.0M of depreciation and $2.2M of share-based compensation. Working capital and other items added $4.4M. Capital expenditures of $1.8M left free cash flow of $4.5M.
Questions
What was Franklin Covey's revenue in the third quarter fiscal 2025?
Franklin Covey (FC) reported revenue of $67.1M for the third quarter fiscal 2025 (Q3 FY25), -9% from a year earlier and +13% from the quarter before.
Was Franklin Covey profitable in the third quarter fiscal 2025?
Operating loss was $2.2M (-3.3% of revenue) and net loss $1.4M.
Source: Franklin Covey 10-Q on SEC EDGAR.