STOCK TITAN

Skillsoft Corp 10-Q Filings

SKIL NYSE

Every 10-Q that Skillsoft Corp (SKIL) 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 SKIL 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 SKIL filings page.

Rhea-AI Summary

Skillsoft Corp. (SKIL) reported fiscal second-quarter 2027 results showing modest top-line pressure but stronger profitability from continuing operations after exiting its Global Knowledge (GK) business. Revenue from continuing operations was $98.2 million, slightly below $101.2 million a year earlier, while operating results improved to an operating profit of $3.4 million versus a $6.1 million loss in the prior-year quarter.

Income from continuing operations was a loss of $15.0 million, better than the $18.0 million loss a year ago, and adjusted EBITDA rose to $33.4 million from $31.2 million, reflecting lower operating costs. Including discontinued operations related to the GK divestiture, Skillsoft recorded a net loss of $42.4 million for the quarter and remains in a shareholders’ equity deficit of $93.3 million. The company closed the GK sale on July 6, 2026, incurring significant non-cash impairment and loss-on-sale charges, and now operates as a single segment focused on its skills management and learner platforms. Skillsoft ended the quarter with $90.3 million in cash and cash equivalents and $567.2 million of long-term debt.

Rhea-AI Summary

Skillsoft Corp. reported total revenues of $94.5 million for the quarter ended April 30, 2026, down from $99.1 million a year earlier as enterprise customers delayed spending and consumer demand softened. Enterprise subscription revenue was $81.4 million and consumer revenue $7.1 million, while professional services and other contributed $6.0 million.

The company posted a net loss of $43.1 million, compared with a loss of $38.0 million in the prior-year quarter, including a loss of $24.4 million from discontinued operations tied to its Global Knowledge business. Adjusted EBITDA from continuing operations was $26.6 million, roughly flat year over year, and cash, cash equivalents and restricted cash totaled $126.2 million against total debt of about $580.2 million. Skillsoft committed to sell its Global Knowledge segment, which is classified as held for sale and recorded related non-cash impairment charges.

Rhea-AI Summary

Skillsoft Corp. reported third-quarter fiscal 2026 results showing continued losses and a smaller balance sheet. Total revenue was $128.998 million, down from $137.225 million a year earlier, with nine‑month revenue of $382.021 million versus $397.241 million in the prior year period. The company posted a quarterly net loss of $41.279 million and a nine‑month net loss of $103.116 million, compared with losses of $23.599 million and $90.801 million a year ago.

Results were pressured by a $20.771 million non‑cash goodwill impairment in the Global Knowledge segment and ongoing restructuring charges of $4.150 million for the quarter. Operating cash flow for the first nine months shifted to an outflow of $5.405 million versus an inflow previously. As of October 31, 2025, cash and cash equivalents were $74.569 million while total term loan debt principal was $583.393 million, and shareholders’ equity declined to $3.988 million from $93.846 million at January 31, 2025.

Rhea-AI Summary

Skillsoft Corp. reported operational and financing details in its quarterly Form 10-Q. The company has 18,750,000 shares authorized and, as of July 31, 2025, 8,972,560 shares issued with 8,672,783 outstanding. A board-authorized repurchase program for up to 10,000,000 shares exists but no repurchases had been made as of July 31, 2025. Skillsoft operates two reportable segments: Talent Development Solutions and Global Knowledge, with prior-period comparatives recast to the current presentation.

On the liability side, Skillsoft has an outstanding principal balance of $585.0 million of term loans, with interest at SOFR plus margin and a fixed cash interest rate of 8.94% on $300.0 million due to interest rate swaps. The company disclosed amendments tied to the Codecademy acquisition that added Term B-1 loans and referenced compliance with covenants as of July 31, 2025. Stock-based compensation expense for the three and six months ended July 31, 2024 was reduced by $6.0 million due to forfeitures related to the former CEO, whose employment ended on May 9, 2024.