Skillsoft Corp. announced its financial results for the first quarter of fiscal 2026, ended April 30, 2025, on June 9, 2025. The company reported results in line with expectations despite a challenging economic environment, particularly a softening of discretionary spending impacting its Global Knowledge segment.
Skillsoft reaffirmed its full-year fiscal 2026 financial outlook, projecting GAAP revenue between $530 million and $545 million. Adjusted EBITDA is expected to be in the range of $112 million to $118 million, indicating confidence in its strategic execution and profitability.
The Talent Development Solutions (TDS) segment achieved its third consecutive quarter of revenue growth, with Q1 FY26 revenue at $99.1 million, up 1% year-over-year. The company also reported Q1 FY26 Adjusted EBITDA of $22.1 million, an increase of 17% year-over-year, and positive free cash flow of $26.2 million.
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