Filing Flows › Skillsoft (SKIL) › Q2 FY27
Skillsoft (SKIL) Q2 FY27 earnings results (second quarter fiscal 2027)
10-Q filed Sep 9, 2026
Skillsoft (SKIL) reported revenue of $98.2M for the second quarter fiscal 2027 (Q2 FY27), -3% from a year earlier and +4% from the quarter before. Operating margin was 3.4%, net loss $42.4M (43.1% of revenue).
Skillsoft, Q2 FY27: revenue $98.2M (-3% year over year), operating margin 3.4%, net loss $42.4M, operating cash flow −$17.1M. The chart follows the revenue to costs, profit and cash.
| Q2 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $98.2M | +4% | -3% |
| Operating profit | $3.4M | — | — |
| Net earnings | −$42.4M | — | — |
| Operating cash flow | −$17.1M | -159% | — |
What changed
Revenue was $98.2M in Q2 FY27, down 3% year over year and up 4% from the previous quarter. SAAS and Subscription Services, Enterprise was the largest line at 87% of revenue. SAAS and Subscription Services, Consumer lost $2.3M year over year (down 26%), 79% of the total change.
Operating profit was $3.4M, a 3.4% margin (up 9.5 points year over year). Total costs fell 12% while revenue fell 3%. The quarter ended with a net loss of $42.4M, narrower than the previous quarter's $43.1M loss. Net interest and other expense of $38.5M was the main reason.
Operating cash flow was −$17.1M. Non-cash charges added back $317K of depreciation and amortization and $2.7M of share-based compensation. Working capital and other items added $22.3M. Capital expenditures of $293K exceeded it, leaving free cash flow of −$17.4M.
Questions
What was Skillsoft's revenue in the second quarter fiscal 2027?
Skillsoft (SKIL) reported revenue of $98.2M for the second quarter fiscal 2027 (Q2 FY27), -3% from a year earlier and +4% from the quarter before.
Was Skillsoft profitable in the second quarter fiscal 2027?
Operating profit was $3.4M (3.4% of revenue) and net loss $42.4M.
Source: Skillsoft 10-Q on SEC EDGAR.