vs
Side-by-side financial comparison of Clarus Corp (CLAR) and Skillsoft Corp. (SKIL). Click either name above to swap in a different company.
Skillsoft Corp. is the larger business by last-quarter revenue ($129.0M vs $65.4M, roughly 2.0× Clarus Corp). Skillsoft Corp. runs the higher net margin — -32.0% vs -47.8%, a 15.8% gap on every dollar of revenue. On growth, Skillsoft Corp. posted the faster year-over-year revenue change (-6.0% vs -8.4%). Clarus Corp produced more free cash flow last quarter ($11.6M vs $-19.3M). Over the past eight quarters, Clarus Corp's revenue compounded faster (-2.9% CAGR vs -3.2%).
Clarus Corp is a global designer, manufacturer, and distributor of high-performance outdoor recreation, climbing, camping, and lifestyle products. It manages a portfolio of leading consumer brands, serving outdoor enthusiasts, professional athletes, and retail partners across North America, Europe, and the Asia-Pacific region, with a focus on innovative, durable gear for active lifestyles.
Skillsoft is an American educational technology company that produces learning management system software and content.
CLAR vs SKIL — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $65.4M | $129.0M |
| Net Profit | $-31.3M | $-41.3M |
| Gross Margin | 27.7% | 72.7% |
| Operating Margin | -59.6% | -26.6% |
| Net Margin | -47.8% | -32.0% |
| Revenue YoY | -8.4% | -6.0% |
| Net Profit YoY | 52.3% | -74.9% |
| EPS (diluted) | $-0.81 | — |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $65.4M | $129.0M | ||
| Q3 25 | $69.3M | $128.8M | ||
| Q2 25 | $55.2M | $124.2M | ||
| Q1 25 | $60.4M | $133.8M | ||
| Q4 24 | $71.4M | $137.2M | ||
| Q3 24 | $67.1M | $132.2M | ||
| Q2 24 | $56.5M | $127.8M | ||
| Q1 24 | $69.3M | $137.5M |
| Q4 25 | $-31.3M | $-41.3M | ||
| Q3 25 | $-1.6M | $-23.8M | ||
| Q2 25 | $-8.4M | $-38.0M | ||
| Q1 25 | $-5.2M | $-31.1M | ||
| Q4 24 | $-65.5M | $-23.6M | ||
| Q3 24 | $-3.2M | $-39.6M | ||
| Q2 24 | $-5.5M | $-27.6M | ||
| Q1 24 | $21.9M | $-245.3M |
| Q4 25 | 27.7% | 72.7% | ||
| Q3 25 | 35.1% | 74.5% | ||
| Q2 25 | 35.6% | 74.0% | ||
| Q1 25 | 34.4% | 74.9% | ||
| Q4 24 | 33.4% | 75.0% | ||
| Q3 24 | 35.0% | 75.4% | ||
| Q2 24 | 36.1% | 73.0% | ||
| Q1 24 | 35.9% | 72.0% |
| Q4 25 | -59.6% | -26.6% | ||
| Q3 25 | -4.4% | -9.2% | ||
| Q2 25 | -19.7% | -14.6% | ||
| Q1 25 | -11.2% | -12.9% | ||
| Q4 24 | -70.2% | -6.7% | ||
| Q3 24 | -8.0% | -14.6% | ||
| Q2 24 | -14.4% | -18.6% | ||
| Q1 24 | -9.8% | -165.8% |
| Q4 25 | -47.8% | -32.0% | ||
| Q3 25 | -2.3% | -18.5% | ||
| Q2 25 | -15.3% | -30.6% | ||
| Q1 25 | -8.7% | -23.3% | ||
| Q4 24 | -91.8% | -17.2% | ||
| Q3 24 | -4.7% | -29.9% | ||
| Q2 24 | -9.7% | -21.6% | ||
| Q1 24 | 31.6% | -178.4% |
| Q4 25 | $-0.81 | — | ||
| Q3 25 | $-0.04 | — | ||
| Q2 25 | $-0.22 | — | ||
| Q1 25 | $-0.14 | — | ||
| Q4 24 | $-1.72 | — | ||
| Q3 24 | $-0.08 | — | ||
| Q2 24 | $-0.14 | — | ||
| Q1 24 | $0.57 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $36.7M | $74.6M |
| Total DebtLower is stronger | $0 | $570.2M |
| Stockholders' EquityBook value | $196.4M | $4.0M |
| Total Assets | $249.0M | $897.6M |
| Debt / EquityLower = less leverage | 0.00× | 142.97× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $36.7M | $74.6M | ||
| Q3 25 | $29.5M | $100.5M | ||
| Q2 25 | $28.5M | $127.8M | ||
| Q1 25 | $41.3M | $100.8M | ||
| Q4 24 | $45.4M | $97.9M | ||
| Q3 24 | $36.4M | $122.7M | ||
| Q2 24 | $46.2M | $142.0M | ||
| Q1 24 | $47.5M | $136.3M |
| Q4 25 | $0 | $570.2M | ||
| Q3 25 | $2.0M | $571.2M | ||
| Q2 25 | $1.9M | $572.2M | ||
| Q1 25 | $1.9M | $573.3M | ||
| Q4 24 | $1.9M | $574.3M | ||
| Q3 24 | — | $575.4M | ||
| Q2 24 | — | $576.4M | ||
| Q1 24 | $37.0K | $577.5M |
| Q4 25 | $196.4M | $4.0M | ||
| Q3 25 | $225.8M | $42.5M | ||
| Q2 25 | $225.1M | $62.6M | ||
| Q1 25 | $229.3M | $93.8M | ||
| Q4 24 | $233.1M | $120.5M | ||
| Q3 24 | $308.5M | $141.4M | ||
| Q2 24 | $307.3M | $182.1M | ||
| Q1 24 | $310.4M | $205.6M |
| Q4 25 | $249.0M | $897.6M | ||
| Q3 25 | $283.1M | $969.4M | ||
| Q2 25 | $286.5M | $1.0B | ||
| Q1 25 | $292.8M | $1.1B | ||
| Q4 24 | $294.1M | $1.1B | ||
| Q3 24 | $375.3M | $1.1B | ||
| Q2 24 | $369.4M | $1.2B | ||
| Q1 24 | $377.0M | $1.3B |
| Q4 25 | 0.00× | 142.97× | ||
| Q3 25 | 0.01× | 13.45× | ||
| Q2 25 | 0.01× | 9.13× | ||
| Q1 25 | 0.01× | 6.11× | ||
| Q4 24 | 0.01× | 4.77× | ||
| Q3 24 | — | 4.07× | ||
| Q2 24 | — | 3.16× | ||
| Q1 24 | 0.00× | 2.81× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $12.5M | $-18.9M |
| Free Cash FlowOCF − Capex | $11.6M | $-19.3M |
| FCF MarginFCF / Revenue | 17.7% | -15.0% |
| Capex IntensityCapex / Revenue | 1.4% | 0.4% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-9.9M | $10.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $12.5M | $-18.9M | ||
| Q3 25 | $-5.7M | $-17.8M | ||
| Q2 25 | $-9.4M | $31.3M | ||
| Q1 25 | $-2.1M | $17.8M | ||
| Q4 24 | $16.6M | $8.7M | ||
| Q3 24 | $-8.3M | $-11.4M | ||
| Q2 24 | $834.0K | $14.9M | ||
| Q1 24 | $-16.4M | $11.5M |
| Q4 25 | $11.6M | $-19.3M | ||
| Q3 25 | $-7.0M | $-18.5M | ||
| Q2 25 | $-11.3M | $30.8M | ||
| Q1 25 | $-3.3M | $17.0M | ||
| Q4 24 | $14.4M | $8.3M | ||
| Q3 24 | $-9.4M | $-11.7M | ||
| Q2 24 | $-744.0K | $14.8M | ||
| Q1 24 | $-18.3M | $11.1M |
| Q4 25 | 17.7% | -15.0% | ||
| Q3 25 | -10.0% | -14.3% | ||
| Q2 25 | -20.4% | 24.8% | ||
| Q1 25 | -5.4% | 12.7% | ||
| Q4 24 | 20.1% | 6.0% | ||
| Q3 24 | -14.0% | -8.8% | ||
| Q2 24 | -1.3% | 11.6% | ||
| Q1 24 | -26.3% | 8.0% |
| Q4 25 | 1.4% | 0.4% | ||
| Q3 25 | 1.8% | 0.5% | ||
| Q2 25 | 3.4% | 0.4% | ||
| Q1 25 | 2.0% | 0.6% | ||
| Q4 24 | 3.1% | 0.3% | ||
| Q3 24 | 1.6% | 0.2% | ||
| Q2 24 | 2.8% | 0.1% | ||
| Q1 24 | 2.7% | 0.3% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | -0.75× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CLAR
| Other | $37.1M | 57% |
| Outdoor Segment | $25.3M | 39% |
| Adventure Segment | $3.0M | 5% |
SKIL
| SAAS And Subscription Services | $93.5M | 73% |
| Virtual Ondemand And Classroom And Individualized Coaching | $28.2M | 22% |
| Professional Services | $7.3M | 6% |
