earnings
confidence high
sentiment neutral
materiality 0.70
Skillsoft Q1 revenue $124M (-3% YoY); Adj. EBITDA $22M; reaffirms FY2026 outlook
Skillsoft Corp.
- TDS revenue $99M (+1% YoY), third consecutive quarter of growth; GK revenue $25M (-16% YoY).
- GAAP net loss $38M ($4.57 loss per share) vs. loss $28M ($3.42) in prior year.
- Adjusted EBITDA $22M (18% margin) vs. $19M (15%) prior year; free cash flow $26M vs. $10M.
- Reaffirms FY2026 outlook: revenue $530-545M, Adj. EBITDA $112-118M.
- Executive Chair states results are 'in line with expectations'; cites softening discretionary spending affecting GK.
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