Filing Flows › Skillsoft (SKIL) › Q1 FY26
Skillsoft (SKIL) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Jun 9, 2025
Skillsoft (SKIL) reported revenue of $124M for the first quarter fiscal 2026 (Q1 FY26), -3% from a year earlier and -7% from the quarter before. Operating margin was -14.6%, net loss $38.0M (30.6% of revenue).
Skillsoft, Q1 FY26: revenue $124M (-3% year over year), operating margin -14.6%, net loss $38.0M, operating cash flow $31.3M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $124M | -7% | -3% |
| Operating profit | −$18.2M | — | — |
| Net earnings | −$38.0M | — | — |
| Operating cash flow | $31.3M | +76% | +110% |
| Free cash flow | $30.8M | +81% | +108% |
What changed
Revenue was $124.2M in Q1 FY26, down 3% year over year and down 7% from the previous quarter.
Operating costs exceeded revenue by $18.2M, an operating margin of -14.6%. Total costs fell 6% while revenue fell 3%. The quarter ended with a net loss of $38.0M, wider than the previous quarter's $31.1M loss. Net interest and other expense of $20.6M was the main reason.
Operating cash flow was $31.3M (up 110% year over year). Non-cash charges added back $447K of depreciation and amortization and $4.1M of share-based compensation. Working capital and other items added $64.8M. Capital expenditures of $515K left free cash flow of $30.8M.
Questions
What was Skillsoft's revenue in the first quarter fiscal 2026?
Skillsoft (SKIL) reported revenue of $124M for the first quarter fiscal 2026 (Q1 FY26), -3% from a year earlier and -7% from the quarter before.
Was Skillsoft profitable in the first quarter fiscal 2026?
Operating loss was $18.2M (-14.6% of revenue) and net loss $38.0M.
Source: Skillsoft 10-Q on SEC EDGAR.