secwatch.observer — SEC 8-K summary
======================================

Issuer:     FRANKLIN COVEY CO (FC)
CIK:        0000886206
Form:       8-K
Filed at:   2026-01-07T23:59:59+00:00
Accession:  0001193125-26-006335
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Franklin Covey Q1 FY2026 net loss $3.3M; Enterprise NA invoiced up 7%
---------------------------------------------------------------------

- Revenue $64.0M vs $69.1M YoY; net loss $(3.3)M or $(0.27)/share vs net income $1.2M prior year.
- Enterprise North America invoiced amounts grew 7%, or 13% excluding government business.
- Deferred subscription revenue $100.2M, up 5% YoY; purchased $11.1M of common stock in Q1.
- Adjusted EBITDA $3.7M vs $7.7M YoY; free cash flow $(3.7)M vs $11.4M.
- Affirms FY2026 guidance: revenue $265-275M, Adj. EBITDA $28-33M; expects return to growth.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/886206/000119312526006335/0001193125-26-006335-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/886206/000119312526006335/fc-20260107.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-006335

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer