Filing Flows › Franklin Covey (FC) › Q3 FY26
Franklin Covey (FC) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed Jul 7, 2026
Franklin Covey (FC) reported revenue of $67.8M for the third quarter fiscal 2026 (Q3 FY26), +1% from a year earlier and +14% from the quarter before. Operating margin was 6.2%, net earnings $3.1M (4.5% of revenue).
Franklin Covey, Q3 FY26: revenue $67.8M (+1% year over year), operating margin 6.2%, net earnings $3.1M, operating cash flow $1.1M. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $67.8M | +14% | +1% |
| Gross profit | $50.1M | +11% | -2% |
| Operating profit | $4.2M | — | — |
| Net earnings | $3.1M | — | — |
| Operating cash flow | $1.1M | -93% | -82% |
What changed
Revenue was $67.8M in Q3 FY26, up 1% year over year and up 14% from the previous quarter. Contracted Revenue was the largest line at 56% of revenue. Contracted Revenue added $1.2M year over year (up 3%), 172% of the total change. Leases and Other declined 53%.
Gross margin was 73.9%, down 2.6 points from Q3 FY25. Operating profit was $4.2M, a 6.2% margin (up 9.5 points year over year). Operating expenses fell 14% while revenue rose 1%. Net earnings were $3.1M. The effective tax rate was 25.9%.
Operating cash flow was $1.1M (down 82% year over year), 36% of net earnings. Non-cash charges added back $1.2M of depreciation and $1.5M of share-based compensation. Working capital and other items used $4.6M. Capital expenditures of $1.2M exceeded it, leaving free cash flow of −$32K.
Questions
What was Franklin Covey's revenue in the third quarter fiscal 2026?
Franklin Covey (FC) reported revenue of $67.8M for the third quarter fiscal 2026 (Q3 FY26), +1% from a year earlier and +14% from the quarter before.
Was Franklin Covey profitable in the third quarter fiscal 2026?
Operating profit was $4.2M (6.2% of revenue) and net earnings $3.1M.
Source: Franklin Covey 10-Q on SEC EDGAR.