SKIL · Skillsoft Corp. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q3 '26 | Q2 '26 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q1 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $124.20M | $129.00M | $128.82M | - | $137.22M | $132.22M | $127.79M | $91.70M | $139.39M | $140.57M |
| Cost of Revenue | $32.25M | $35.28M | $32.89M | - | $34.31M | $32.47M | $34.47M | $24.52M | $36.66M | $35.00M |
| Gross Profit | $91.95M | $93.72M | $95.93M | - | $102.91M | $99.75M | $93.32M | $67.18M | $102.73M | $105.58M |
| R&D | $14.10M | $13.79M | $14.32M | - | $14.94M | $14.99M | $15.51M | $22.77M | $17.25M | $19.69M |
| SG&A | $22.95M | $21.18M | $19.47M | - | $21.69M | $19.39M | $25.31M | $12.36M | $28.28M | $26.37M |
| Total Operating Expenses | $142.39M | $163.33M | $140.65M | - | $146.40M | $151.55M | $151.63M | $119.40M | $748.09M | $251.36M |
| D&A | $447.0K | - | - | - | - | - | $760.0K | $2.53M | - | - |
| Operating Income | ($18.19M) | ($34.33M) | ($11.83M) | - | ($9.18M) | ($19.33M) | ($23.83M) | ($42.38M) | ($608.70M) | ($110.78M) |
| Interest Expense | $14.40M | $14.76M | $14.96M | - | $15.85M | $16.41M | $16.28M | $335.0K | - | - |
| Income Tax | ($772.0K) | ($8.80M) | ($417.0K) | - | ($1.86M) | ($2.06M) | ($1.58M) | ($21.74M) | ($8.83M) | ($3.06M) |
| Net Income | ($38.05M) | ($41.28M) | ($23.79M) | - | ($23.60M) | ($39.57M) | ($27.64M) | ($21.64M) | ($528.34M) | ($121.50M) |
| EPS - Basic | ($4.57) | ($4.74) | ($2.78) | - | ($2.86) | ($4.84) | ($3.42) | ($3.00) | ($64.20) | ($14.80) |
| EPS - Diluted | - | - | - | - | - | - | - | ($3.00) | ($64.20) | ($14.80) |
Balance Sheet
| Line item | Q1 '26 | Q3 '26 | Q2 '26 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q1 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $100.82M | $74.57M | $100.51M | $100.77M | $97.92M | $122.65M | $142.02M | $170.36M | $174.71M | $43.34M |
| Accounts Receivable | $174.96M | $103.91M | $96.78M | $178.99M | $102.50M | $110.04M | $110.64M | $183.59M | $102.44M | $98.52M |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $21.31M | $20.92M | $26.79M | $13.46M | $21.16M | $14.07M | $13.38M | $18.34M | $20.95M | $22.41M |
| Current Assets | $333.03M | $230.66M | $252.78M | $332.85M | $260.13M | $301.06M | $318.53M | $405.74M | $322.50M | $236.60M |
| Total Assets | $963.12M | $897.58M | $969.43M | $1.11B | $1.05B | $1.13B | $1.18B | $1.64B | $1.60B | $2.29B |
| Current Liabilities | $373.00M | $272.99M | $296.87M | $376.98M | $294.00M | $342.39M | $350.79M | $425.11M | $329.43M | $458.44M |
| Long-term Debt | $570.77M | $570.18M | $571.20M | $573.27M | $574.31M | $575.36M | $576.42M | $581.82M | $582.87M | $583.98M |
| Total Liabilities | - | - | - | - | - | - | - | - | - | - |
| Stockholders' Equity | ($30.23M) | $3.99M | $42.45M | $93.85M | $120.48M | $141.42M | $182.13M | $531.76M | $573.88M | $1.11B |
| Retained Earnings | ($1.58B) | ($1.55B) | ($1.51B) | ($1.44B) | ($1.41B) | ($1.39B) | ($1.35B) | ($972.19M) | ($918.71M) | ($390.37M) |
Cash Flow
| Line item | Q1 '26 | Q3 '26 | Q2 '26 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q1 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $31.30M | - | - | - | - | - | $14.94M | $7.88M | - | - |
| Investing Cash Flow | ($5.13M) | - | - | - | - | - | ($4.52M) | ($1.88M) | - | - |
| Financing Cash Flow | ($1.95M) | - | - | - | - | - | ($4.25M) | ($4.44M) | - | - |
| CapEx | $515.0K | - | - | - | - | - | $153.0K | $386.0K | - | - |
| Free Cash Flow | $30.78M | - | - | - | - | - | $14.78M | $7.50M | - | - |
Ratios
| Metric | Q1 '26 | Q3 '26 | Q2 '26 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q1 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 74.0% | 72.7% | 74.5% | - | 75.0% | 75.4% | 73.0% | 73.3% | 73.7% | 75.1% |
| Operating margin | -14.6% | -26.6% | -9.2% | - | -6.7% | -14.6% | -18.6% | -46.2% | -436.7% | -78.8% |
| EBITDA margin | -14.3% | - | - | - | - | - | -18.1% | -43.4% | - | - |
| Net margin | -30.6% | -32.0% | -18.5% | - | -17.2% | -29.9% | -21.6% | -23.6% | -379.0% | -86.4% |
| Free cash flow margin | 24.8% | - | - | - | - | - | 11.6% | 8.2% | - | - |
| FCF / Net income | -0.81 | - | - | - | - | - | -0.53 | -0.35 | - | - |
| R&D / Revenue | 11.4% | 10.7% | 11.1% | - | 10.9% | 11.3% | 12.1% | 24.8% | 12.4% | 14.0% |
| SG&A / Revenue | 18.5% | 16.4% | 15.1% | - | 15.8% | 14.7% | 19.8% | 13.5% | 20.3% | 18.8% |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | -4.0% | -4.6% | -2.5% | - | -2.2% | -3.5% | -2.3% | -1.3% | -33.1% | -5.3% |
| Return on equity | 125.9% | -1035.1% | -56.0% | - | -19.6% | -28.0% | -15.2% | -4.1% | -92.1% | -10.9% |
| Return on invested capital | -2.7% | -4.7% | -1.5% | - | -1.0% | -2.1% | -2.5% | -3.0% | -41.6% | -5.2% |
| Liquidity | ||||||||||
| Current ratio | 0.89 | 0.84 | 0.85 | 0.88 | 0.88 | 0.88 | 0.91 | 0.95 | 0.98 | 0.52 |
| Quick ratio | 0.89 | 0.84 | 0.85 | 0.88 | 0.88 | 0.88 | 0.91 | 0.95 | 0.98 | 0.52 |
| Cash ratio | 0.27 | 0.27 | 0.34 | 0.27 | 0.33 | 0.36 | 0.40 | 0.40 | 0.53 | 0.09 |
| Leverage | ||||||||||
| Debt / Equity | -18.88 | 142.97 | 13.45 | 6.11 | 4.77 | 4.07 | 3.16 | 1.09 | 1.02 | 0.53 |
| Debt / Assets | 0.59 | 0.64 | 0.59 | 0.52 | 0.55 | 0.51 | 0.49 | 0.35 | 0.37 | 0.25 |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | -1.3x | -2.3x | -0.8x | - | -0.6x | -1.2x | -1.5x | -126.5x | - | - |
| Equity multiplier | -31.86 | 225.07 | 22.84 | 11.79 | 8.74 | 7.96 | 6.48 | 3.09 | 2.78 | 2.06 |
| Liabilities / Assets | - | - | - | - | - | - | - | - | - | - |
| Efficiency | ||||||||||
| Asset turnover | 0.13 | 0.14 | 0.13 | - | 0.13 | 0.12 | 0.11 | 0.06 | 0.09 | 0.06 |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 514d | 294d | 274d | - | 273d | 304d | 316d | 731d | 268d | 256d |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | 241d | 216d | 297d | - | 225d | 158d | 142d | 273d | 209d | 234d |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | 0.3x | 10.3x | 11.3x |
| P / S | - | - | - | - | - | - | - | 1.7x | 42.2x | 89.6x |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | - | - | - | - | -1.6% | -5.9% | 39.4% | - | -18.3% | 20.3% |
| Revenue CAGR (3y) | 10.6% | -2.5% | -2.9% | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | 0.2% | -5.5% | 38.9% | - | -15.6% | 10.9% |
| Operating income growth (YoY) | - | - | - | - | 98.5% | 82.6% | 43.8% | - | -13877.1% | -9256.6% |
| Net income growth (YoY) | - | - | - | - | 95.5% | 67.4% | -27.7% | - | -1132.9% | -71.2% |
| EPS growth (YoY) | - | - | - | - | - | - | - | - | -19962.5% | 97.9% |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | 97.2% | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | - | - | - | -48.5% | -79.0% | -87.3% | -65.7% | -49.8% | -45.2% | 109.6% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2026-01-31.
Business segments
$512.67M totalTalent Development Solutions Segment$403.75M · 78.8%
Global Knowledge Segment$108.93M · 21.2%
Product / service
$512.67M totalSaas And Subscription Services Enterprise$342.80M · 66.9%
Virtual Ondemand And Classroom And Individualized Coaching$108.93M · 21.2%
Saas And Subscription Services Consumer$34.67M · 6.8%
Professional Services$26.28M · 5.1%
Geographic
$512.67M totalUS$330.03M · 64.4%
EMEA$135.73M · 26.5%
Other Americas$25.57M · 5.0%
Asia Pacific$21.34M · 4.2%
Peer comparison
Same SIC group: Services-Prepackaged Software
Comparing Skillsoft Corp. against the 5 most active filers in the same SIC group.