Filing Flows › Skillsoft (SKIL) › Q2 FY26
Skillsoft (SKIL) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed Sep 9, 2025
Skillsoft (SKIL) reported revenue of $129M for the second quarter fiscal 2026 (Q2 FY26), -3% from a year earlier and +4% from the quarter before. Operating margin was -9.2%, net loss $23.8M (18.5% of revenue).
Skillsoft, Q2 FY26: revenue $129M (-3% year over year), operating margin -9.2%, net loss $23.8M, operating cash flow −$17.8M. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $129M | +4% | -3% |
| Operating profit | −$11.8M | — | — |
| Net earnings | −$23.8M | — | — |
| Operating cash flow | −$17.8M | -157% | — |
What changed
Revenue was $128.8M in Q2 FY26, down 3% year over year and up 4% from the previous quarter.
Operating costs exceeded revenue by $11.8M, an operating margin of -9.2%. Total costs fell 7% while revenue fell 3%. The quarter ended with a net loss of $23.8M, narrower than the previous quarter's $38.0M loss. Net interest and other expense of $12.4M was the main reason.
Operating cash flow was −$17.8M. Non-cash charges added back $461K of depreciation and amortization and $4.0M of share-based compensation. Working capital and other items added $1.5M. Capital expenditures of $624K exceeded it, leaving free cash flow of −$18.5M.
Questions
What was Skillsoft's revenue in the second quarter fiscal 2026?
Skillsoft (SKIL) reported revenue of $129M for the second quarter fiscal 2026 (Q2 FY26), -3% from a year earlier and +4% from the quarter before.
Was Skillsoft profitable in the second quarter fiscal 2026?
Operating loss was $11.8M (-9.2% of revenue) and net loss $23.8M.
Source: Skillsoft 10-Q on SEC EDGAR.