Filing Flows › Skillsoft (SKIL) › Q1 FY27
Skillsoft (SKIL) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed Jun 9, 2026
Skillsoft (SKIL) reported revenue of $94.5M for the first quarter fiscal 2027 (Q1 FY27), -5% from a year earlier and -28% from the quarter before. Operating margin was -8.8%, net loss $43.1M (45.6% of revenue).
Skillsoft, Q1 FY27: revenue $94.5M (-5% year over year), operating margin -8.8%, net loss $43.1M, operating cash flow $28.9M. The chart follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $94.5M | -28% | -5% |
| Operating profit | −$8.3M | — | — |
| Net earnings | −$43.1M | — | — |
| Operating cash flow | $28.9M | -5% | -8% |
| Free cash flow | $28.5M | -6% | -7% |
What changed
Revenue was $94.5M in Q1 FY27, down 5% year over year and down 28% from the previous quarter. SAAS and Subscription Services, Enterprise was the largest line at 86% of revenue. SAAS and Subscription Services, Enterprise lost $3.2M year over year (down 4%), 70% of the total change.
Operating costs exceeded revenue by $8.3M, an operating margin of -8.8%. Total costs fell 7% while revenue fell 5%. The quarter ended with a net loss of $43.1M, wider than the previous quarter's $36.7M loss. Net interest and other expense of $33.8M was the main reason.
Operating cash flow was $28.9M (down 8% year over year). Non-cash charges added back $452K of depreciation and amortization and $2.8M of share-based compensation. Working capital and other items added $68.8M. Capital expenditures of $425K left free cash flow of $28.5M.
Questions
What was Skillsoft's revenue in the first quarter fiscal 2027?
Skillsoft (SKIL) reported revenue of $94.5M for the first quarter fiscal 2027 (Q1 FY27), -5% from a year earlier and -28% from the quarter before.
Was Skillsoft profitable in the first quarter fiscal 2027?
Operating loss was $8.3M (-8.8% of revenue) and net loss $43.1M.
Source: Skillsoft 10-Q on SEC EDGAR.