Skillsoft Q1 revenue falls amid operations shakeup

Skillsoft

09/06/2026 21:23

Overview
US AI-native skills platform's fiscal Q1 revenue fell 5% yr/yr
Adjusted EPS for fiscal Q1 rose to $1.16 from $1.15 last year
In May 2026, company agreed to sell Global Knowledge segment to focus on core platform

Outlook
Skillsoft reaffirms full-year revenue guidance of $388 mln to $406 mln
Company maintains fiscal 2027 adjusted EBITDA outlook of $108 mln to $116 mln
Skillsoft expects TDS free cash flow for fiscal 2027 between $14 mln and $22 mln

Result Drivers
PLATFORM CUSTOMER GROWTH - Skillsoft said new customer agreements for its Percipio platform grew 67% quarter-over-quarter
CUSTOMER RETENTION - Dollar retention rate (DRR) rose to 105% from 91% a year ago, indicating improved customer retention and expansion
BUSINESS REFOCUS - Company agreed to sell Global Knowledge segment to focus on core AI-native skills management platform

Company press release: ID:nBw49DS82a

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
 
$94.50 mln
 
Q1 Adjusted EPS
Beat
$1.16
$0.05 (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."

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(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.)