Skillsoft Corp. announced its financial results for the second quarter of fiscal 2026, ended July 31, 2025.
Total Revenue was $129 million, Talent Development Solutions Revenue was $101 million, and Global Knowledge Revenue was $28 million.
Adjusted EBITDA was $28 million with a margin of 22% of Revenue.
Revenue Performance
Total Revenue of $129 million, down 3% from the prior year with flat TDS Revenue and a 10% decrease in GK Revenue.
Net Loss
GAAP Net Loss of $24 million compared to $40 million in the prior year, with a loss per share of $2.78.
Free Cash Flow
Free Cash Flow was ($23) million compared to ($16) million in the prior year, bringing year-to-date Free Cash Flow to $4 million.
- Skillsoft achieved a fourth consecutive quarter of revenue growth in TDS despite economic uncertainty.
- The company's cost discipline and working capital management were praised, but revenue guidance was revised due to softness in federal and live learning spending.
Skillsoft remains focused on its transformation strategy and plans to introduce AI Innovation based products.