Skillsoft Corp. (SKIL) Q2 FY2027 earnings

Reported results

• Revenue of $98.2 million, down 3% from prior year; net loss from continuing operations of $15.0 million, improved 17% from net loss of $18.0 million in prior year
• Adjusted EBITDA (non-GAAP) of $33 million with margin of 34% of revenue, compared to $31 million and 31% margin in prior year
• Free cash flow (non-GAAP) of ($20.5) million compared to ($22.6) million in prior year
• Loss per share from continuing operations improved to $1.67 from $2.10 in prior year
• Completed sale of Global Knowledge business to Enduring Ventures on July 6, 2026; CAISY learners increased 23% year-over-year

Guidance

• Full-year fiscal 2027 revenue guidance: $380 million – $390 million (updated from prior guidance of $388 million – $406 million)
• Full-year fiscal 2027 Adjusted EBITDA (non-GAAP) guidance: $108 million – $116 million (maintained)
• Full-year fiscal 2027 Free Cash Flow (non-GAAP) guidance: $14 million – $22 million (maintained)

Notes

On April 30, 2026, Global Knowledge segment was classified as held for sale and discontinued operations; results exclude GK segment from continuing operations. Adjusted EBITDA, Free Cash Flow, and other non-GAAP measures exclude discontinued operations except Free Cash Flow which includes both continuing and discontinued operations through sale on July 6, 2026. Revenue guidance narrowed and lowered due to accelerating pressure in consumer business.

Price and volatility reaction

Source

The figures above come from the earnings release the company filed with the SEC on 2026-09-09 (8-K, Item 2.02). Read the original filing on sec.gov.