Business Wire·Jun 9, 2026, 4:05 PM ET

Skillsoft Reports Financial Results for the First Quarter and Full Year of Fiscal 2027

Skillsoft announced Q1 fiscal 2027 results ended April 30, 2026, with revenue of $94.5 million, a 5% decrease year-over-year.
The company classified its Global Knowledge segment as held for sale & discontinued operations, leaving Talent Development Solutions as the sole reportable segment.
New Percipio platform customer agreements grew 67% quarter-over-quarter.
Net loss from continuing operations improved 37% to $18.7 million ($2.12 per share), compared to a $29.6 million loss the prior year.
Adjusted EBITDA remained flat at $27 million, reflecting a 28% margin on revenue.
Free cash flow was $25 million, down slightly from $26 million in the prior year period.
Skillsoft confirmed an agreement to sell its Global Knowledge business to an affiliate of Enduring Ventures in May 2026.
Dollar retention rate (DRR) for the quarter reached 105%, up from 91% in the prior year period.
The company reaffirmed its full fiscal 2027 financial outlook with revenue guidance of $388 million to $406 million.
Full-year adjusted EBITDA is projected between $108 million & $116 million, with TDS free cash flow guidance set at $14 million to $22 million.
Strategic focus will center on the AI-native skills management platform to help organizations close workforce skills gaps.