Skillsoft (SKIL)
Market Price (8/21/2026): $8.1 | Market Cap: $71.4 MilSector: Consumer Discretionary | Industry: Education Services
Skillsoft (SKIL)
Market Price (8/21/2026): $8.1Market Cap: $71.4 MilSector: Consumer DiscretionaryIndustry: Education Services
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive yieldFCF Yield is 8.0% Megatrend and thematic driversMegatrends include Future of Work & Learning. Themes include Online Corporate Learning Platforms, Upskilling & Reskilling, and Digital Content for Professional Development. | Weak multi-year price returns2Y Excs Rtn is -72%, 3Y Excs Rtn is -142% Meaningful short interestShort Interest Days-to-CoverDTC = (Short Interest Share Quantity) / (Average Daily Trading Volume). Reflects how many days it would take to cover (close out) the short interest based on average volumes. High DTC can signify an increased risk of a short squeeze. is 11.26 | Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -30 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -6.2% Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 641% Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -3.9%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -4.5%, Rev Chg QQuarterly Revenue Change % is -4.7% Valuation getting more expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 93% Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -206% High stock price volatilityVol 12M is 112% Key risksSKIL key risks include [1] significant financial distress driven by persistent unprofitability and high debt, Show more. |
| Attractive yieldFCF Yield is 8.0% |
| Megatrend and thematic driversMegatrends include Future of Work & Learning. Themes include Online Corporate Learning Platforms, Upskilling & Reskilling, and Digital Content for Professional Development. |
| Weak multi-year price returns2Y Excs Rtn is -72%, 3Y Excs Rtn is -142% |
| Meaningful short interestShort Interest Days-to-CoverDTC = (Short Interest Share Quantity) / (Average Daily Trading Volume). Reflects how many days it would take to cover (close out) the short interest based on average volumes. High DTC can signify an increased risk of a short squeeze. is 11.26 |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -30 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -6.2% |
| Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 641% |
| Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -3.9%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -4.5%, Rev Chg QQuarterly Revenue Change % is -4.7% |
| Valuation getting more expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 93% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -206% |
| High stock price volatilityVol 12M is 112% |
| Key risksSKIL key risks include [1] significant financial distress driven by persistent unprofitability and high debt, Show more. |
Qualitative Assessment
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Skillsoft (SKIL) stock has gained about 5% since 4/30/2026 because of the following key factors:
1. Skillsoft reported a significant beat in its adjusted net income per share for fiscal Q1 2027, which ended April 30, 2026. The company posted $1.16 adjusted net income per share, substantially surpassing the consensus analyst estimate of $0.05 per share.
2. The company initiated a strategic divestiture of its Global Knowledge (GK) segment. This segment was identified as a "structurally declining business with negative EBITDA". The agreement to sell the GK business, announced in May 2026 and expected to close in fiscal Q2 2027, aims to sharpen Skillsoft's focus on its core AI-native skills management platform. S&P Global Ratings noted this as a necessary defensive move.
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Skillsoft (SKIL) stock has gained about 5% since 4/30/2026 because of the following key factors:
1. Skillsoft reported a significant beat in its adjusted net income per share for fiscal Q1 2027, which ended April 30, 2026. The company posted $1.16 adjusted net income per share, substantially surpassing the consensus analyst estimate of $0.05 per share.
2. The company initiated a strategic divestiture of its Global Knowledge (GK) segment. This segment was identified as a "structurally declining business with negative EBITDA". The agreement to sell the GK business, announced in May 2026 and expected to close in fiscal Q2 2027, aims to sharpen Skillsoft's focus on its core AI-native skills management platform. S&P Global Ratings noted this as a necessary defensive move.
3. Skillsoft demonstrated strong improvements in customer engagement and retention within its continuing operations. The Dollar Retention Rate (DRR) for its core Talent Development Solutions (TDS) business reached 105% in fiscal Q1 2027, a notable increase from 91% in the prior year. Additionally, new customer agreements for the Skillsoft Percipio® platform grew by 67% quarter-over-quarter.
4. The company improved its profitability metrics and reduced its net loss from continuing operations. Despite a 4.7% year-over-year decline in revenue to $94.5 million in fiscal Q1 2027, Skillsoft expanded its adjusted EBITDA margin to 28.2% from 27.1% in the year-ago period. Furthermore, the GAAP net loss from continuing operations improved by 37%, decreasing to $18.7 million from $29.6 million in the prior fiscal year period.
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Stock Movement Drivers
Fundamental Drivers
The 5.6% change in SKIL stock from 4/30/2026 to 8/20/2026 was primarily driven by a 7.1% change in the company's P/S Multiple.| (LTM values as of) | 4302026 | 8202026 | Change |
|---|---|---|---|
| Stock Price ($) | 7.72 | 8.15 | 5.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 488 | 483 | -1.0% |
| P/S Multiple | 0.1 | 0.1 | 7.1% |
| Shares Outstanding (Mil) | 9 | 9 | -0.5% |
| Cumulative Contribution | 5.6% |
Market Drivers
4/30/2026 to 8/20/2026| Return | Correlation | |
|---|---|---|
| SKIL | 5.6% | |
| Market (SPY) | 6.1% | 9.1% |
| Sector (XLY) | -1.4% | 16.1% |
Fundamental Drivers
The -9.9% change in SKIL stock from 1/31/2026 to 8/20/2026 was primarily driven by a -7.4% change in the company's P/S Multiple.| (LTM values as of) | 1312026 | 8202026 | Change |
|---|---|---|---|
| Stock Price ($) | 9.05 | 8.15 | -9.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 491 | 483 | -1.6% |
| P/S Multiple | 0.2 | 0.1 | -7.4% |
| Shares Outstanding (Mil) | 9 | 9 | -1.2% |
| Cumulative Contribution | -9.9% |
Market Drivers
1/31/2026 to 8/20/2026| Return | Correlation | |
|---|---|---|
| SKIL | -9.9% | |
| Market (SPY) | 10.5% | 16.5% |
| Sector (XLY) | -3.5% | 21.3% |
Fundamental Drivers
The -42.8% change in SKIL stock from 7/31/2025 to 8/20/2026 was primarily driven by a -37.1% change in the company's P/S Multiple.| (LTM values as of) | 7312025 | 8202026 | Change |
|---|---|---|---|
| Stock Price ($) | 14.26 | 8.15 | -42.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 502 | 483 | -3.9% |
| P/S Multiple | 0.2 | 0.1 | -37.1% |
| Shares Outstanding (Mil) | 8 | 9 | -5.5% |
| Cumulative Contribution | -42.8% |
Market Drivers
7/31/2025 to 8/20/2026| Return | Correlation | |
|---|---|---|
| SKIL | -42.8% | |
| Market (SPY) | 21.7% | 15.8% |
| Sector (XLY) | 6.0% | 22.6% |
Fundamental Drivers
The -69.1% change in SKIL stock from 7/31/2023 to 8/20/2026 was primarily driven by a -61.6% change in the company's P/S Multiple.| (LTM values as of) | 7312023 | 8202026 | Change |
|---|---|---|---|
| Stock Price ($) | 26.40 | 8.15 | -69.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 556 | 483 | -13.1% |
| P/S Multiple | 0.4 | 0.1 | -61.6% |
| Shares Outstanding (Mil) | 8 | 9 | -7.4% |
| Cumulative Contribution | -69.1% |
Market Drivers
7/31/2023 to 8/20/2026| Return | Correlation | |
|---|---|---|
| SKIL | -69.1% | |
| Market (SPY) | 72.5% | 21.9% |
| Sector (XLY) | 37.4% | 24.1% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| SKIL Return | -12% | -86% | -32% | 36% | -61% | -15% | -96% |
| Peers Return | -2% | -2% | 75% | 36% | 16% | 4% | 177% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 13% | 105% |
Monthly Win Rates [3] | |||||||
| SKIL Win Rate | 33% | 25% | 50% | 50% | 33% | 50% | |
| Peers Win Rate | 50% | 48% | 60% | 55% | 55% | 65% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| SKIL Max Drawdown | -29% | -89% | -66% | -70% | -82% | -63% | |
| Peers Max Drawdown | -30% | -29% | -19% | -22% | -35% | -26% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: LOPE, DUOL, LAUR, GHC, CVSA.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 8/20/2026 (YTD)
How Low Can It Go
| Event | SKIL | S&P 500 |
|---|---|---|
| 2024 Yen Carry Trade Unwind | ||
| % Loss | -20.2% | -7.8% |
| % Gain to Breakeven | 25.3% | 8.5% |
| Time to Breakeven | 10 days | 18 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -50.2% | -9.5% |
| % Gain to Breakeven | 100.7% | 10.5% |
| Time to Breakeven | 460 days | 24 days |
| 2020 COVID-19 Crash | ||
| % Loss | -13.9% | -33.7% |
| % Gain to Breakeven | 16.2% | 50.9% |
| Time to Breakeven | 78 days | 140 days |
In The Past
Skillsoft's stock fell -20.2% during the 2024 Yen Carry Trade Unwind. Such a loss loss requires a 25.3% gain to breakeven.
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Asset Allocation
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| Event | SKIL | S&P 500 |
|---|---|---|
| 2024 Yen Carry Trade Unwind | ||
| % Loss | -20.2% | -7.8% |
| % Gain to Breakeven | 25.3% | 8.5% |
| Time to Breakeven | 10 days | 18 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -50.2% | -9.5% |
| % Gain to Breakeven | 100.7% | 10.5% |
| Time to Breakeven | 460 days | 24 days |
In The Past
Skillsoft's stock fell -20.2% during the 2024 Yen Carry Trade Unwind. Such a loss loss requires a 25.3% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Skillsoft (SKIL)
Skillsoft Corp. (SKIL) is a global provider of corporate digital learning services. The company specializes in delivering enterprise learning solutions that enable organizations to prepare their workforce for the future of work, overcome critical skill gaps, drive demonstrable behavior change, and unlock the full potential of their employees.
Skillsoft's main products and services include a vast array of learning content and an open platform offering capabilities such as custom channels and learning journeys, administrator-promoted content, flexible assignments, and comprehensive tracking with in-depth reporting. Additionally, the company provides robust learning management systems (LMS) and talent management software. Skillsoft primarily serves businesses and organizations worldwide that are looking to enhance their human capital through structured digital learning and talent development initiatives.
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Here are 1-3 brief analogies for Skillsoft:
- Netflix for corporate training
- LinkedIn Learning, but built for entire companies
- Workday for employee learning and skill development
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- Corporate Digital Learning Content: Provides educational materials and courses for businesses to develop employee skills and address critical skill gaps.
- Learning Platform: Offers a digital environment with capabilities such as custom channels, content promotion, flexible assignments, tracking, and in-depth reporting.
- Learning Management Systems (LMS): Provides software solutions for organizations to administer, document, track, report, and deliver educational courses and training programs.
- Talent Management Software: Offers software tools designed to manage an organization's human resources, including aspects like performance, recruitment, and career development.
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Skillsoft Corp. (SKIL) primarily sells its services and software to other companies (B2B) rather than individuals. Its offerings include corporate digital learning services, enterprise learning solutions, learning management systems, and talent management software, all targeted at organizational use.
Skillsoft does not publicly disclose a list of its specific "major customers" or their stock symbols. This is common practice for B2B service providers, often due to client confidentiality agreements and a diversified customer base.
However, based on the company's descriptions and market presence, Skillsoft serves a wide range of organizations globally, including:
- Large Enterprises: Skillsoft states that it serves over 70% of the Fortune 1000, indicating a client base comprising many of the world's largest corporations across various industries (e.g., financial services, technology, manufacturing, healthcare, retail).
- Government Agencies: Organizations in the public sector often utilize Skillsoft's learning solutions for employee training and development.
- Educational Institutions: While primarily focused on corporate learning, some academic institutions or their corporate training arms may also leverage Skillsoft's platforms and content.
Rather than relying on a few major customers, Skillsoft's business model involves providing its extensive library of content and platform capabilities to a large number of corporate clients, helping them address skill gaps and develop their workforce.
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- Amazon Web Services (AMZN)
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Ron Hovsepian, Chief Executive Officer
Ron Hovsepian has served as Skillsoft's Chief Executive Officer and Executive Chair since September 2024, having previously served as interim principal executive officer and Executive Chair from April 2024. He also chairs Skillsoft's Board of Directors. Mr. Hovsepian brings extensive executive leadership and operational experience from the technology and software industries. Prior to Skillsoft, he was President and CEO of Indigo Ag, an agricultural technology company, from September 2020 to January 2024. He also served as President and CEO of Intralinks, Inc., a global provider of secure SaaS collaboration solutions, from 2011 to 2017 until its acquisition by Synchronoss Technologies, Inc., where he then served as CEO from January to April 2017. Earlier, he was President and CEO of Novell, Inc. from 2005 to 2011. Mr. Hovsepian began his career at IBM, holding various management and executive positions over 16 years. He has also been an Executive Partner at Flagship Pioneering, a venture capital firm, since October 2018, and currently serves as Chairman of the Ansys Board of Directors. His career demonstrates a pattern of leading technology companies, including those involved in private equity or acquisitions.
John Frederick, Chief Financial Officer
John Frederick was appointed Skillsoft's Chief Financial Officer in May 2025. He brings over three decades of financial and operational leadership experience to the role. Prior to his current appointment, Mr. Frederick served as Skillsoft's Chief Transformation Officer from August 2024, overseeing business planning and strategy implementation. From 2018 through 2021, he held the positions of Chief Administrative Officer at Skillsoft, where he led the finance team, and CEO of SumTotal Systems, LLC, a Skillsoft business that was acquired by Cornerstone in 2022. His previous experience includes serving as Chief Financial Officer of Indigo Ag, Avid Technology, Inc., and Open Solutions, Inc. Earlier in his career, he was Chief Operating and Financial Officer of SnagAJob.com.
Ciara Harrington, Chief People Officer
As Chief People Officer, Ciara Harrington is responsible for Skillsoft's people and workforce strategies, focusing on attracting, retaining, and developing talent, and advancing the company's culture. She possesses over 20 years of experience in human resources, total rewards, workforce transformation, and mergers and acquisitions.
Bernard "Bernie" Barbour, Chief Technology and Product Officer
Bernard "Bernie" Barbour leads Skillsoft's global product and technology strategy, encompassing product development and engineering. He is an experienced technology leader with deep expertise in artificial intelligence (AI), cloud platforms, and enterprise Software as a Service (SaaS). Before joining Skillsoft, he served as Chief Technology Officer at Indigo Agriculture.
Darren Bance, General Manager, Skillsoft Global Knowledge
Darren Bance serves as the General Manager of Skillsoft Global Knowledge, where he is responsible for overseeing the company's global learning services. His background includes significant leadership roles in the learning and development sector, having served as Chief Operating Officer of QA, a major provider of IT and digital skills solutions in the United Kingdom, and as Managing Director of the Learning Services division of Capita Group. He also held earlier positions as a Managing Partner at ShiftPoint ME and CEO of Restrata, LLC.
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Key Risks to Skillsoft (SKIL)
- Intense Competition and Stagnant/Declining Revenue Growth: Skillsoft operates in a highly competitive corporate digital learning market, facing direct competition from major e-learning platforms such as Udemy Business, Coursera for Business, LinkedIn Learning, and Pluralsight, as well as indirect competition from traditional training providers and consulting firms. The industry is rapidly evolving toward AI-driven learning experience platforms, and Skillsoft's extensive content library, though a strength, has been perceived as "dated," making it challenging to differentiate against more innovative and specialized competitors. This intense competitive landscape, coupled with macroeconomic uncertainties, has contributed to flat or declining revenue growth in recent periods, with revenue marginally down in Q3 2024 and a 6% year-over-year decline in Q3 FY2026. The acquisition of Codecademy also underperformed as AI-assisted coding tools reduced the perceived value of learning entry-level programming languages, further impacting revenue.
- High Debt Load and Liquidity Concerns: Skillsoft carries a significant debt load, posing a substantial financial risk. The company has reported a high net debt to adjusted EBITDA ratio and has generated no meaningful free cash flow in fiscal years 2024 and 2025, with only a small amount projected for fiscal 2026. This elevated debt includes over $400 million of long-term debt that will require refinancing before 2029. Furthermore, Skillsoft's liquidity position raises concerns, with its current ratio hovering below 1 (0.8 in Q3 FY2026 and 0.85 in Q2 FY2026), indicating potential inefficiencies in meeting short-term obligations and raising questions about its long-term liquidity sustainability.
- Underperforming Segments and Risks of Strategic Restructuring: The company's Global Knowledge (GK) segment has consistently struggled, experiencing double-digit revenue declines (an 18% year-over-year dip in Q3 FY2026) due to weaker demand for discretionary instructor-led training. Skillsoft initiated a strategic review of the GK business, and a potential sale or divestment could impact the company's balance sheet. While the core Talent Development Solutions (TDS) business is more stable, it has also failed to achieve growth in the increasingly competitive enterprise learning market. The company is undergoing restructuring efforts and investing in AI-driven solutions to address these challenges, but the success of these strategic shifts is crucial for its future trajectory and profitability.
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The rapid advancement and adoption of AI-powered personalized content creation and adaptive learning platforms.
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Skillsoft (SKIL) operates in the corporate digital learning and talent management markets. The addressable markets for its main products and services include corporate digital learning solutions, learning management systems (LMS), and talent management software.
Here are the estimated market sizes for Skillsoft's main products or services:
- Corporate Digital Learning / Enterprise Learning Solutions: Skillsoft's own estimate for its total addressable market in corporate digital learning was $28 billion, expected to grow to $45 billion over the subsequent five years (as of 2021). This market size is global. More broadly, the global corporate e-learning market was estimated at USD 104.32 billion in 2024 and is projected to reach USD 334.96 billion by 2030. North America accounted for over 35.0% of this revenue share in 2024. Another estimate for the global corporate e-learning market size was USD 10.20 billion in 2025, projected to increase to approximately USD 15.18 billion by 2035. North America dominated this market with a 37% share in 2025.
- Learning Management Systems (LMS): The global LMS market was valued at USD 28.58 billion in 2025 and is projected to reach USD 123.78 billion by 2033. North America held the largest share of this market, accounting for over 36% in 2025. Another estimate states the global learning management system (LMS) market size was USD 26.8 billion in 2025 and is estimated to reach USD 100.6 billion by 2034. North America dominated this market, holding a significant share of over 43.2% in 2025.
- Talent Management Software: The global talent management software market was valued at USD 9.96 billion in 2023 and is projected to reach USD 22.67 billion by 2030. North America accounted for the largest market revenue share of 34.4% in 2023. Other estimates indicate the global talent management software market size was approximately USD 12.70 billion in 2025 and is predicted to grow to about USD 41.13 billion by 2035. North America led the global market with the highest market share of 35% in 2025.
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Expected Drivers of Future Revenue Growth for Skillsoft (SKIL)
Skillsoft Corp. (SKIL) is poised for future revenue growth over the next 2-3 years, driven by several strategic initiatives and market focus areas:
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Expansion of AI-Driven Learning Solutions and Percipio Platform: Skillsoft is making significant investments in artificial intelligence to enhance its learning offerings and recently launched its next-generation Percipio Platform, described as an AI-native skills intelligence platform. This strategic pivot towards advanced, platform-centric solutions is expected to be a key driver for long-term growth and new revenue streams.
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Strategic Divestiture or Restructuring of Global Knowledge (GK) Segment: The Global Knowledge segment has been identified as an underperforming asset, negatively impacting Skillsoft's EBITDA and free cash flow. The company is actively pursuing a strategic review, including potential divestiture or alternative partnerships for this segment. By streamlining its operations and removing this drag, Skillsoft aims to reallocate resources and sharpen its focus on its higher-growth core businesses, thereby supporting overall consolidated revenue growth.
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Growth within the Talent Development Solutions (TDS) Segment: Despite broader macroeconomic challenges, Skillsoft's core Talent Development Solutions segment has demonstrated resilience, with a focus on enterprise customers and a recovering federal business. The company has secured significant large enterprise deals and maintained a strong dollar retention rate (DRR), indicating its ability to retain and expand revenue from existing clients in this crucial segment. This consistent performance and ability to upsell within its core offerings are expected to contribute to future revenue growth.
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Leveraging Operational Efficiencies and Cost Discipline: Skillsoft has implemented substantial cost synergies and operational improvements aimed at reducing expenses and enhancing margins. While not a direct revenue driver, these efficiencies are critical in supporting sustainable growth by freeing up capital for reinvestment into strategic growth initiatives, such as AI-powered learning, and improving the company's overall financial health, thereby indirectly fostering an environment conducive to revenue expansion.
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Share Repurchases
- Skillsoft repurchased 1.6 million shares through January 31, 2023, as part of a $30 million share repurchase program.
- On July 10, 2024, the Board authorized a new share repurchase program of up to $10 million, intended to manage potential dilution from future employee equity grants, which will terminate on July 11, 2028.
- Payments to acquire treasury stock amounted to $8.046 million for fiscal year 2025 and $7.155 million in the first quarter of fiscal 2025.
Share Issuance
- In late 2025 and early 2026, Skillsoft issued shares through the vesting and settlement of restricted stock units (RSUs) to executives, including 938 shares for Keith C. Swiniarski and 4,000 shares for Scott Semel on March 1, 2026.
- The company granted 24,000 RSUs to its Interim CLO & General Counsel on November 17, 2025, and 25,000 RSUs to newly appointed SVP David Koehn on February 18, 2026, as inducement for their hiring.
Inbound Investments
- Prosus N.V., a global consumer internet group, made a strategic equity investment of $500 million in Skillsoft when it debuted on the New York Stock Exchange on June 14, 2021.
Outbound Investments
- Skillsoft acquired Codecademy in fiscal year 2023, expanding its technical skills training offerings.
- In fiscal year 2023, the company divested its SumTotal segment to focus its portfolio on the high-growth enterprise learning market.
- Skillsoft is investing in international growth and strategic areas such as AI, cloud computing, software development, cybersecurity, and data analytics.
Capital Expenditures
- Capital expenditures for the six months ended Q2 FY25 were $9.2 million.
- Skillsoft is primarily reinvesting capital in the first half of fiscal 2026, focusing on AI and technology investments to enhance AI-driven skills management capabilities and achieve productivity gains in content and software development.
Peer Outperformance in Education Services
| Industry | Names | 1Y med | 3Y med | 5Y med | Top 3 by 5Y |
|---|---|---|---|---|---|
| Education Services ← | 14 | -14.8% | 105.2% | 68.8% | LINC 330% · CVSA 256% · UTI 254% |
| Homebuilding | 18 | -0.5% | 29.9% | 53.4% | GRBK 182% · TOL 157% · PHM 154% |
| Hotels, Resorts & Cruise Lines | 22 | 21.0% | 55.3% | 18.4% | RCL 278% · MAR 184% · HLT 174% |
| Automotive Retail | 18 | -11.8% | 3.1% | 16.0% | MUSA 273% · PAG 187% · ORLY 120% |
| Home Improvement Retail | 5 | -14.5% | 2.5% | 9.4% | HD 15% · LOW 15% · HVT 9% |
| Specialty Stores | 7 | 2.5% | 22.4% | 7.0% | DKS 91% · ASO 28% · SIG 23% |
| Casinos & Gaming | 20 | -7.5% | -24.0% | 3.6% | BRAG 963% · MCRI 118% · RSI 112% |
| Specialized Consumer Services | 10 | -8.8% | 18.3% | -3.2% | HRB 146% · FTDR 97% · SCI 42% |
| Distributors | 4 | -5.4% | -23.9% | -8.7% | ARMK 163% · GPC 24% · LKQ -41% |
| Restaurants | 34 | -6.5% | -8.6% | -8.9% | EAT 363% · CAKE 183% · RAVE 167% |
| Home Furnishings | 4 | 1.7% | 27.7% | -13.2% | SGI 59% · LZB 7% · MHK -34% |
| Footwear | 9 | 67.2% | 42.8% | -13.3% | WEYS 152% · SHOO 27% · DECK 23% |
| Leisure Products | 13 | -0.7% | -20.5% | -30.7% | GOLF 86% · HAS 19% · MCFT 4% |
| Automotive Parts & Equipment | 38 | -7.0% | -5.2% | -32.8% | MOD 1392% · GTX 293% · STRT 100% |
| Apparel, Accessories & Luxury Goods | 27 | 4.7% | -5.1% | -36.0% | TPR 264% · RL 254% · ELA 236% |
| Household Appliances | 17 | 10.1% | 37.5% | -38.1% | KEQU 173% · FLXS 147% · HBB 126% |
| Leisure Facilities | 12 | -10.1% | -9.1% | -40.8% | OSW 184% · JAKK 115% · ESCA 10% |
| Apparel Retail | 25 | 1.0% | 1.9% | -42.1% | DXLG 192% · ANF 176% · TJX 104% |
| Broadline Retail | 15 | 6.9% | 10.5% | -49.2% | DDS 284% · AMZN 63% · EBAY 56% |
| Computer & Electronics Retail | 3 | -16.4% | -2.4% | -54.7% | BBY -4% · GME -55% · UPBD -61% |
| Automobile Manufacturers | 8 | -68.7% | -67.6% | -68.7% | GM 84% · TSLA 52% · F 52% |
| Consumer Electronics | 11 | -21.9% | -28.3% | -74.5% | AXIL 2037% · GRMN 90% · TBCH -55% |
| Other Specialty Retail | 18 | -28.4% | -44.9% | -77.6% | BBW 209% · TLF 107% · WINA 92% |
Research & Analysis
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Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 137.16 |
| Mkt Cap | 4.6 |
| Rev LTM | 1,488 |
| Op Inc LTM | 302 |
| FCF LTM | 267 |
| FCF 3Y Avg | 259 |
| CFO LTM | 367 |
| CFO 3Y Avg | 324 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 8.1% |
| Rev Chg 3Y Avg | 8.8% |
| Rev Chg Q | 8.4% |
| QoQ Delta Rev Chg LTM | 2.0% |
| Op Inc Chg LTM | 14.6% |
| Op Inc Chg 3Y Avg | 19.2% |
| Op Mgn LTM | 16.8% |
| Op Mgn 3Y Avg | 14.0% |
| QoQ Delta Op Mgn LTM | 0.3% |
| CFO/Rev LTM | 23.2% |
| CFO/Rev 3Y Avg | 19.8% |
| FCF/Rev LTM | 17.9% |
| FCF/Rev 3Y Avg | 15.6% |
Segment Financials
Revenue by Segment| $ Mil | 2026 | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Talent Development Solutions (TDS) | 404 | 406 | 405 | 384 | 215 |
| Global Knowledge (GK) | 109 | 125 | 148 | 171 | 133 |
| SumTotal | 80 | ||||
| Total | 513 | 531 | 553 | 555 | 428 |
| $ Mil | 2026 | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Talent Development Solutions (TDS) | 279 | 282 | 276 | -717 | -38 |
| Global Knowledge (GK) | 38 | 50 | 59 | -87 | -17 |
| Business unit product research and management expenses | 9 | 9 | 7 | ||
| System migration | 0 | -0 | -2 | ||
| Depreciation | -1 | -1 | -1 | ||
| Acquisition and integration related costs | -1 | -4 | -5 | ||
| Long-term incentive compensation expenses | -3 | -6 | -7 | ||
| Restructuring expenses | -17 | -18 | -14 | ||
| Impairment of goodwill and intangible assets | -32 | 0 | -202 | ||
| General and administrative expenses | -81 | -92 | -96 | ||
| Amortization of intangible assets | -127 | -127 | -153 | ||
| Selling and marketing expenses | -153 | -163 | -171 | ||
| SumTotal | 11 | ||||
| Total | -89 | -70 | -309 | -804 | -43 |
| $ Mil | 2026 | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Talent Development Solutions (TDS) | 882 | 1,026 | 1,169 | 1,435 | 1,651 |
| Global Knowledge (GK) | 81 | 80 | 105 | 208 | 345 |
| SumTotal | 227 | ||||
| Total | 963 | 1,106 | 1,274 | 1,643 | 2,223 |
Price Behavior
| Market Price | $8.15 | |
| Market Cap ($ Bil) | 0.1 | |
| First Trading Date | 07/26/2019 | |
| Distance from 52W High | -54.5% | |
| 50 Days | 200 Days | |
| DMA Price | $7.28 | $7.26 |
| DMA Trend | down | indeterminate |
| Distance from DMA | 11.9% | 12.2% |
| 3M | 1YR | |
| Volatility | 109.3% | 112.3% |
| Downside Capture | -5.05 | 160.03 |
| Upside Capture | 61.98 | 56.79 |
| Correlation (SPY) | 11.1% | 16.9% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | -1.28 | 0.18 | 0.22 | 1.15 | 1.24 | 1.42 |
| Up Beta | -1.40 | -0.48 | -0.15 | -1.10 | 0.86 | 1.28 |
| Down Beta | 5.26 | 2.98 | 2.34 | 2.46 | 2.43 | 1.47 |
| Up Capture | -66% | -64% | -48% | 115% | 27% | 134% |
| Bmk +ve Days | 11 | 22 | 35 | 67 | 138 | 427 |
| Stock +ve Days | 10 | 19 | 29 | 60 | 119 | 357 |
| Down Capture | -697% | -57% | -28% | 172% | 129% | 111% |
| Bmk -ve Days | 11 | 21 | 28 | 59 | 114 | 326 |
| Stock -ve Days | 11 | 23 | 32 | 61 | 127 | 384 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with SKIL | |
|---|---|---|---|---|
| SKIL | -44.4% | 112.1% | -0.00 | - |
| Sector ETF (XLY) | 2.1% | 19.6% | -0.01 | 23.1% |
| Equity (SPY) | 20.3% | 12.9% | 1.16 | 16.7% |
| Gold (GLD) | 36.2% | 28.7% | 1.07 | 4.5% |
| Commodities (DBC) | 44.1% | 20.2% | 1.69 | -6.1% |
| Real Estate (VNQ) | 13.3% | 13.8% | 0.66 | 10.2% |
| Bitcoin (BTCUSD) | -38.8% | 43.2% | -1.01 | 14.0% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with SKIL | |
|---|---|---|---|---|
| SKIL | -46.3% | 90.1% | -0.29 | - |
| Sector ETF (XLY) | 5.9% | 24.1% | 0.20 | 29.0% |
| Equity (SPY) | 12.8% | 17.2% | 0.57 | 27.5% |
| Gold (GLD) | 20.4% | 18.6% | 0.89 | 7.6% |
| Commodities (DBC) | 10.2% | 19.6% | 0.40 | 5.8% |
| Real Estate (VNQ) | 2.4% | 18.9% | 0.02 | 23.9% |
| Bitcoin (BTCUSD) | 9.3% | 52.7% | 0.36 | 14.1% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with SKIL | |
|---|---|---|---|---|
| SKIL | -27.2% | 77.7% | -0.25 | - |
| Sector ETF (XLY) | 12.3% | 22.2% | 0.51 | 24.7% |
| Equity (SPY) | 15.2% | 17.9% | 0.72 | 21.2% |
| Gold (GLD) | 12.4% | 16.2% | 0.63 | 7.1% |
| Commodities (DBC) | 8.1% | 18.1% | 0.37 | 5.5% |
| Real Estate (VNQ) | 4.9% | 20.7% | 0.20 | 17.8% |
| Bitcoin (BTCUSD) | 61.0% | 66.1% | 1.01 | 10.8% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Earnings Returns History
Updated 7/14/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 6/9/2026 | -13.7% | -0.3% | 16.2% |
| 4/7/2026 | -12.0% | 24.0% | 85.0% |
| 12/10/2025 | -21.5% | -7.8% | 20.2% |
| 9/9/2025 | -9.1% | -5.8% | 1.4% |
| 6/9/2025 | -3.5% | -1.4% | -13.6% |
| 4/14/2025 | 22.0% | 18.2% | 22.2% |
| 12/10/2024 | 25.3% | 26.3% | 102.0% |
| 9/9/2024 | -16.4% | -7.3% | 3.7% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 6 | 7 | 10 |
| # Negative | 15 | 14 | 11 |
| Median Positive | 9.5% | 8.2% | 21.2% |
| Median Negative | -12.9% | -9.5% | -24.1% |
| Max Positive | 25.3% | 26.3% | 102.0% |
| Max Negative | -40.8% | -39.5% | -41.3% |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 6/9/2026 | -13.7% | -0.3% | 16.2% |
| 4/7/2026 | -12.0% | 24.0% | 85.0% |
| 12/10/2025 | -21.5% | -7.8% | 20.2% |
| 9/9/2025 | -9.1% | -5.8% | 1.4% |
| 6/9/2025 | -3.5% | -1.4% | -13.6% |
| 4/14/2025 | 22.0% | 18.2% | 22.2% |
| 12/10/2024 | 25.3% | 26.3% | 102.0% |
| 9/9/2024 | -16.4% | -7.3% | 3.7% |
| 6/10/2024 | 12.2% | 8.2% | 66.1% |
| 4/15/2024 | -40.8% | -39.5% | -8.7% |
| 12/5/2023 | -6.6% | -7.8% | -9.8% |
| 9/11/2023 | -9.7% | -12.9% | -30.8% |
| 6/6/2023 | -15.5% | -14.3% | -25.0% |
| 4/11/2023 | -12.9% | -23.3% | -34.2% |
| 12/6/2022 | -12.0% | -27.7% | -24.1% |
| 9/7/2022 | -14.9% | -11.2% | -29.7% |
| 6/8/2022 | -19.2% | -30.9% | -41.3% |
| 4/6/2022 | -4.2% | 2.4% | -9.1% |
| 12/14/2021 | 0.4% | -2.5% | -23.1% |
| 9/14/2021 | 3.7% | 7.1% | 25.5% |
| 6/22/2021 | 6.7% | 4.5% | 0.4% |
| SUMMARY STATS | |||
| # Positive | 6 | 7 | 10 |
| # Negative | 15 | 14 | 11 |
| Median Positive | 9.5% | 8.2% | 21.2% |
| Median Negative | -12.9% | -9.5% | -24.1% |
| Max Positive | 25.3% | 26.3% | 102.0% |
| Max Negative | -40.8% | -39.5% | -41.3% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 04/30/2026 | 06/09/2026 | 10-Q |
| 01/31/2026 | 04/07/2026 | 10-K |
| 10/31/2025 | 12/10/2025 | 10-Q |
| 07/31/2025 | 09/09/2025 | 10-Q |
| 04/30/2025 | 06/09/2025 | 10-Q |
| 01/31/2025 | 04/14/2025 | 10-K |
| 10/31/2024 | 12/10/2024 | 10-Q |
| 07/31/2024 | 09/09/2024 | 10-Q |
| 04/30/2024 | 06/10/2024 | 10-Q |
| 01/31/2024 | 04/15/2024 | 10-K |
| 10/31/2023 | 12/05/2023 | 10-Q |
| 07/31/2023 | 09/11/2023 | 10-Q |
| 04/30/2023 | 06/06/2023 | 10-Q |
| 10/31/2022 | 12/09/2022 | 10-Q |
| 07/31/2022 | 09/08/2022 | 10-Q |
| 04/30/2022 | 06/09/2022 | 10-Q |
| Report Date | Filing Date | Filing |
|---|---|---|
| 04/30/2026 | 06/09/2026 | 10-Q |
| 01/31/2026 | 04/07/2026 | 10-K |
| 10/31/2025 | 12/10/2025 | 10-Q |
| 07/31/2025 | 09/09/2025 | 10-Q |
| 04/30/2025 | 06/09/2025 | 10-Q |
| 01/31/2025 | 04/14/2025 | 10-K |
| 10/31/2024 | 12/10/2024 | 10-Q |
| 07/31/2024 | 09/09/2024 | 10-Q |
| 04/30/2024 | 06/10/2024 | 10-Q |
| 01/31/2024 | 04/15/2024 | 10-K |
| 10/31/2023 | 12/05/2023 | 10-Q |
| 07/31/2023 | 09/11/2023 | 10-Q |
| 04/30/2023 | 06/06/2023 | 10-Q |
| 10/31/2022 | 12/09/2022 | 10-Q |
| 07/31/2022 | 09/08/2022 | 10-Q |
| 04/30/2022 | 06/09/2022 | 10-Q |
| 01/31/2022 | 04/18/2022 | 10-K |
| 10/31/2021 | 12/14/2021 | 10-Q |
| 03/31/2021 | 05/20/2021 | 10-Q |
| 12/31/2020 | 03/15/2021 | 10-K |
| 09/30/2020 | 11/06/2020 | 10-Q |
| 06/30/2020 | 08/12/2020 | 10-Q |
| 03/31/2020 | 05/12/2020 | 10-Q |
| 12/31/2019 | 03/26/2020 | 10-K |
| 09/30/2019 | 11/13/2019 | 10-Q |
| 06/30/2019 | 08/09/2019 | 10-Q |
Recent Forward Guidance
Updated 7/27/2026Latest: Q1 2027 Earnings Reported 6/9/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2027 Revenue | 388.00 Mil | 397.00 Mil | 406.00 Mil | 0 | Affirmed | Guidance: 397.00 Mil for 2027 | |
| 2027 Adjusted EBITDA | 108.00 Mil | 112.00 Mil | 116.00 Mil | 0 | Affirmed | Guidance: 112.00 Mil for 2027 | |
| 2027 TDS Free Cash Flow | 14.00 Mil | 18.00 Mil | 22.00 Mil | 0 | Affirmed | Guidance: 18.00 Mil for 2027 | |
Prior: Q4 2026 Earnings Reported 4/7/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2027 TDS Revenue | 388.00 Mil | 397.00 Mil | 406.00 Mil | -2.0% | Lower New | Guidance: 405.00 Mil for 2026 | |
| 2027 TDS Adjusted EBITDA | 108.00 Mil | 112.00 Mil | 116.00 Mil | -1.8% | Lower New | Guidance: 114.00 Mil for 2026 | |
| 2027 TDS Free Cash Flow | 14.00 Mil | 18.00 Mil | 22.00 Mil | ||||
Investor Activity (13F)
Updated Aug 21, 2026Active managers (13F portfolio over $250M, at least 3 holdings) with a position over $5M that is either over 10% of their portfolio or held in a concentrated book of 50 or fewer total positions. Index/ETF, sovereign, bank, community-bank and charitable/donor-advised filers are excluded.
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Industry Resources
| Consumer Discretionary Resources |
| Retail Dive |
| Business of Fashion (BoF) |
| WWD (Women's Wear Daily) |
| National Retail Federation (NRF) |
| McKinsey & Company - Consumer |
| Mintel Consumer Trends |
| Education Services Resources |
| EdSurge |
| Education Week |
| Inside Higher Ed |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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