Skillsoft Q2 revenue falls as consumer business slows

Skillsoft

09/09/2026 21:14

Overview
AI-native skills management platform's fiscal Q2 revenue fell 3% yr/yr to $98.2 mln
Adjusted EBITDA for fiscal Q2 rose to $33 mln, margin improved to 34% of revenue
Company completed sale of Global Knowledge business, focusing on core platform

Outlook
Skillsoft now sees fiscal 2027 revenue at $380 mln–$390 mln, down from $388 mln–$406 mln
Company maintains fiscal 2027 adjusted EBITDA guidance at $108 mln–$116 mln
Skillsoft expects fiscal 2027 free cash flow of $14 mln–$22 mln, unchanged from prior forecast

Result Drivers
ENTERPRISE BUSINESS - Co said enterprise segment performed as planned, supported by healthy retention and growing platform adoption
AI-ENABLED PLATFORM - Co cited encouraging progress in customer engagement, early platform adoption and pipeline expansion, with new AI features such as LX Design Studio and AI Coach
CONSUMER BUSINESS PRESSURE - Co said accelerating pressure in the consumer business contributed to revised revenue outlook

Company press release: ID:nBw37Y1r8a

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
 
$98.20 mln
 
Q2 Adjusted EPS
Beat
$1.17
$0.83 (1 Analyst)
Q2 Loss Per Share
 
$1.67
 
Q2 Net Loss
 
$15 mln
 
Q2 Adjusted EBITDA
Beat
$33 mln
$27 mln (1 Analyst)

Analyst Coverage
The one available analyst rating on the shares is "hold"
The average consensus recommendation for the professional & business education peer group is "buy."

Reuters Recommended Reads
Sept 8 - Customer engagement platform Braze Q2 revenue beats estimates on customer growth
Sept 8 - ServiceTitan Q2 revenue growth decelerates despite Max rollout gains
Sept 9 - OpenAI offers AI for chip design, touts cost advantage over open-source, CFO says

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)