Every 10-Q that Franklin Covey Company (FC) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow FC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full FC filings page.
Franklin Covey reported a stronger quarter ended May 31, 2026, with revenue of $67.8 million, up slightly from $67.1 million a year earlier. Operating income improved to $4.2 million from a prior loss, and net income reached $3.1 million, or $0.27 per share, versus a loss of $1.4 million, or $(0.11) per share.
For the first three quarters of fiscal 2026, revenue was $191.5 million, down modestly from $195.8 million, and the company posted a net loss of $2.2 million. Operating cash flow remained solid at $17.5 million, but cash declined to $12.0 million after $28.1 million of share repurchases. Deferred revenue was $96.0 million with $157.1 million of remaining performance obligations, reflecting a substantial subscription and services backlog.
Franklin Covey reported essentially flat quarterly revenue of $59.6M for the quarter ended February 28, 2026, but swung to a larger net loss of $1.98M, or $(0.17) per share, as restructuring and stock-based compensation costs increased.
Education Division revenue grew 16% to $17.5M, while Enterprise Division revenue slipped to $41.6M on prior-year macro headwinds and canceled government contracts. Subscription and subscription services revenue rose to $50.9M, and Adjusted EBITDA nearly doubled to $4.1M, helped by cost reductions.
For the first half, revenue was $123.7M and net loss $5.3M. Operating cash flow improved to $16.4M. The company repurchased 1.57M shares for $28.1M and ended the quarter with $13.7M in cash and full access to a $62.5M credit facility.
Franklin Covey reported quarterly revenue of $64.0 million, down from $69.1 million a year ago, and swung to a net loss of $3.3 million, or $(0.27) per share, versus prior-year net income of $1.2 million. Gross margin remained high at 75.5%, but Adjusted EBITDA fell to $3.7 million from $7.7 million, driven by lower revenue and higher restructuring and building exit costs.
Enterprise Division revenue declined to $47.5 million and Education Division revenue to $16.1 million, while deferred revenue stood at $100.2 million and remaining performance obligations at $172.3 million. The company used $10.7 million to repurchase 582,106 shares, ending the quarter with $17.5 million in cash and $80 million of total available liquidity including an undrawn credit facility.