Filing Flows › Skillsoft (SKIL) › Q3 FY26
Skillsoft (SKIL) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed Dec 10, 2025
Skillsoft (SKIL) reported revenue of $129M for the third quarter fiscal 2026 (Q3 FY26), -6% from a year earlier and +0.1% from the quarter before. Operating margin was -26.6%, net loss $41.3M (32.0% of revenue).
Skillsoft, Q3 FY26: revenue $129M (-6% year over year), operating margin -26.6%, net loss $41.3M, operating cash flow −$18.9M. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $129M | +0.1% | -6% |
| Operating profit | −$34.3M | — | — |
| Net earnings | −$41.3M | — | — |
| Operating cash flow | −$18.9M | — | — |
What changed
Revenue was $129.0M in Q3 FY26, down 6% year over year and roughly flat from the previous quarter.
Operating costs exceeded revenue by $34.3M, an operating margin of -26.6%. Total costs grew 12% against a revenue fall of 6%. The fastest-growing cost line was Other operating costs (+59%). The quarter ended with a net loss of $41.3M, wider than the previous quarter's $23.8M loss.
Operating cash flow was −$18.9M. Non-cash charges added back $455K of depreciation and amortization and $3.2M of share-based compensation. Working capital and other items added $18.8M. Capital expenditures of $467K exceeded it, leaving free cash flow of −$19.3M.
Questions
What was Skillsoft's revenue in the third quarter fiscal 2026?
Skillsoft (SKIL) reported revenue of $129M for the third quarter fiscal 2026 (Q3 FY26), -6% from a year earlier and +0.1% from the quarter before.
Was Skillsoft profitable in the third quarter fiscal 2026?
Operating loss was $34.3M (-26.6% of revenue) and net loss $41.3M.
Source: Skillsoft 10-Q on SEC EDGAR.