Skillsoft Corp.SKILEarnings & Financial Report
Skillsoft is an American educational technology company that produces learning management system software and content.
Revenue
$128.8M
Gross Profit
$95.9M
Operating Profit
$-11.8M
Net Profit
$-23.8M
Gross Margin
74.5%
Operating Margin
-9.2%
Net Margin
-18.5%
YoY Growth
-2.6%
EPS
$-2.78
Skillsoft Corp. Q2 FY2026 Financial Summary
Skillsoft Corp. reported revenue of $128.8M (down 2.6% YoY) for Q2 FY2026, with a net profit of $-23.8M (up 39.9% YoY) (-18.5% margin). Cost of goods sold was $32.9M, operating expenses totaled $107.8M.
Key Financial Metrics
| Total Revenue | $128.8M |
|---|---|
| Net Profit | $-23.8M |
| Gross Margin | 74.5% |
| Operating Margin | -9.2% |
| Report Period | Q2 FY2026 |
Revenue Breakdown
Skillsoft Corp. Q2 FY2026 revenue of $128.8M breaks down across 3 segments, led by SAAS And Subscription Services at $95.3M (74.0% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| SAAS And Subscription Services | $95.3M | 74.0% |
| Virtual Ondemand And Classroom And Individualized Coaching | $27.6M | 21.5% |
| Professional Services | $5.9M | 4.6% |
Skillsoft Corp. Revenue by Segment — Quarterly Trend
Skillsoft Corp. revenue by segment across the last 4 reported quarters, showing how each business line (such as SAAS And Subscription Services and Virtual Ondemand And Classroom And Individualized Coaching) has evolved quarter over quarter.
| Segment | Q3 FY2026 | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 |
|---|---|---|---|---|
| SAAS And Subscription Services | $93.5M | $95.3M | $93.7M | $96.8M |
| Virtual Ondemand And Classroom And Individualized Coaching | $28.2M | $27.6M | $25.1M | $30.9M |
| Professional Services | $7.3M | $5.9M | $5.5M | $6.0M |
Skillsoft Corp. Annual Revenue by Year
Skillsoft Corp. annual revenue history includes year-by-year totals (for example, 2025 revenue was $531.0M).
| Year | Annual Revenue |
|---|---|
| 2025 | $531.0M |
| 2024 | $553.2M |
| 2023 | $555.1M |
Skillsoft Corp. Quarterly Revenue & Net Profit History
Skillsoft Corp. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q3 FY2026 | $129.0M | -6.0% | $-41.3M | -32.0% |
| Q2 FY2026 | $128.8M | -2.6% | $-23.8M | -18.5% |
| Q1 FY2026 | $124.2M | -2.8% | $-38.0M | -30.6% |
| Q4 FY2025 | $133.8M | -2.8% | $-31.1M | -23.3% |
| Q3 FY2025 | $137.2M | -1.2% | $-23.6M | -17.2% |
| Q2 FY2025 | $132.2M | -6.3% | $-39.6M | -29.9% |
| Q1 FY2025 | $127.8M | -5.7% | $-27.6M | -21.6% |
| Q4 FY2024 | $137.5M | -2.0% | $-245.3M | -178.4% |
Income Statement
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $137.5M | $127.8M | $132.2M | $137.2M | $133.8M | $124.2M | $128.8M | $129.0M |
| YoY Growth | -2.0% | -5.7% | -6.3% | -1.2% | -2.8% | -2.8% | -2.6% | -6.0% |
Balance Sheet
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $1.27B | $1.18B | $1.13B | $1.05B | $1.11B | $1.02B | $969.4M | $897.6M |
| Liabilities | $1.07B | $998.7M | $985.0M | $933.1M | $1.01B | N/A | N/A | N/A |
| Equity | $205.6M | $182.1M | $141.4M | $120.5M | $93.8M | $62.6M | $42.5M | $4.0M |
Cash Flow
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $11.5M | $14.9M | $-11.4M | $8.7M | $17.8M | $31.3M | $-17.8M | $-18.9M |